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Roman Abramovich pumped £2.1BILLION into Chelsea transfers alone from £24m Drogba masterstroke to £97m Lukaku return

CHELSEA brought up an outrageous milestone in the 2020 summer transfer window – taking their transfer spending under shamed Roman Abramovich to over £2BILLION.

Vladamir Putin’s Russian billionaire pal bought the Blues in the summer of 2003 and quickly transformed their fortunes.

Roman Abramovich has spent just over £2bn gross in transfers since 2003

Club-record buy Kepa turned out to be an expensive mistake at £72m


Didier Drogba turned out to be a bargain at just £24m in 2004

Abramovich – who looks to have made his last signing at Stamford Bridge – was never shy in splashing the cash on big-name transfers.

After all, in his first season at Stamford Bridge, he oversaw 16 new signings, from mega-bucks Hernan Crespo, Damien Duff and Claude Makelele to freebies Craig Rocastle, Neil Sullivan and Marco Ambrosio.

In the 2003-04 season, Chelsea splashed out to the tune of £153m, according to Transfermarkt.

And it was a similar story a year later as the arrivals of Didier Drogba, Arjen Robben and Co saw the Blues spend £149.9m.

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Those first two years really set the tone, with Chelsea’s gross transfer spend since the summer of 2003 sitting at £2,108,000,000.

Just last summer, the Blues shelled out £106.2m to bring Saul in on loan and Romelu Lukaku for £101.7m.

The big Belgian looks to have been Abramovich’s last ever signing – and also his most expensive ever.

Lukaku’s arrival took the Blues’ spending under their Russian oligarch well over the £2bn barrier.


Eden Hazard also worked out as a bargain, bought for a mere £31.5m and sold in a deal worth up to £150m

Of course, Chelsea have recouped a huge chunk of that figure in player sales.

Selling big names such as Eden Hazard and Alvaro Morata in recent years saw them recoup over £200m – including add-ons – alone.

Down the years, Abramovich helped bankroll some real hits.

The signing of Drogba for just £24m in 2004-05 proved to be a masterstroke as the Ivorian helped guide the club to an incredible period of success.

The 2012 arrival of Hazard and the signing of N’Golo Kante in 2016 are just two other iconic transfers, as well as bargain Ashley Cole from Arsenal for just £6.7m, and William Gallas, in 2006.

However, for every big hit, there’s been a major blunder.

Andriy Shevchenko and Fernando Torres are just two names that constantly pop up on ‘worst transfers ever’ lists.

The pair cost a over £92m combined and never came close to repaying their monster fees.


Ashley Cole cost Chelsea just £6.7m, plus William Gallas, following his controversial move from Arsenal


Fernando Torres was another of Chelsea’s expensive mistakes at around £52.7m

More recently, Kepa Arrizabalaga – a club record buy at £72m – has done little to prove he won’t be popping up on those ‘top ten’ lists in years to come.

The Spanish stopper made blunder after blunder and the club went out and bought Edouard Mendy for £21.6m to replace him.

There are also huge questions over Lukaku since his record breaking return – although it’s too early to tell how he will be remembered.

Nevertheless, since Abramovich took over, Chelsea won their first FIVE Premier League titles – having previously only won the top-flight once in their history, way back in 1954-55.

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The West Londoners have also won the Champions League twice and just earlier this year lifted the Club World Cup for the first time.

So, £2bn well spent?