Ever since Clearlake Capital took over control of Chelsea Football Club from Roman Abromovich in May 2022, the Blues have been on a spending spree.

The plan has ranged wildly depending on the day. Certain buys are for the present and big budget such as Moises Caicedo and Enzo Fernandez. Other transfers have an eye towards the future such as Brazilian wunderkind Estêvão.

Chelsea have spent nearly £1.5 billion and, at one point in August, had 42 first-team players on their books.

With the 2024 summer transfer window now officially closed in England, we here at B/R thought it might be interesting to take a look at the entirety of Chelsea's activity under Clearlake and chairman Todd Boehly.

Take a look at our grades for every single transfer for the Blues under Clearlake's ownership and share your thoughts in the comments section of the app.

F and E Grades

F

Gabriel Slonina

Slonina is a United States international goalkeeper in a club of many goalkeepers. Signed for approximately £7.5 million in 2022 and now at Barnsley, a third loan spell away from Chelsea after seasons with Chicago Fire and Eupen. He's unlikely to break into the first team.

Pierre-Emerick Aubameyang

After leaving Arsenal in January 2022, Aubameyang had a brief, underwhelming spell at Barcelona before a slightly longer, but even more underwhelming stint with the Blues. The Gabonese scored just three goals in 21 appearances across all competitions, and his signing appeared like a moment of panic rather than a well-thought-out strategy. He left as a free agent after just one season.

Raheem Sterling

It started well and then came crashing down for Todd Boehly's first signing. Sterling posted 14 goals and seven assists in 69 Premier League appearances for Chelsea, before spectacularly being pushed out this summer after some harsh public comments by Enzo Maresca. There's no way back now, despite the club paying most of his wages while he spends the season on loan with Arsenal.

E

David Datro Fofana

A signing made for the future, but that future no longer seems to exist at Chelsea. Unsuccessful loans to Union Berlin and Burnley have failed to convince anyone of his value, and his career is now in limbo. Another loan move seems likely.

Kalidou Koulibaly

The second signing of the Clearlake era, now playing for Al-Hilal. His poor performances were perfectly summed up by Boehly himself: "Koulibaly came over from Serie A and he told me one time, he said: 'In Serie A, I get to think and then run. In the Premier League, I have to run while I think."

Deivid Washington

What exactly is a Deivid Washington? Two goals in 16 appearances for Santos were, apparently, enough for the Blues to snap up the forward in the summer of 2023, and he's since made just three senior appearances for the club. He was nearly offloaded to BlueCo-owned club Strasbourg in August before someone pointed out that would be just a bit controversial, so back to the reserves he goes. At 19 years old, he has time on his side, though.

E+

Mykhailo Mudryk

It seemed Chelsea had trumped Arsenal when Mudryk arrived in January 2023. Six goals across all competitions 18 months later, he has become a bit-part player who will surely leave when the first presentable offer arrives. The plus on this grade represents the tiny strand of hope that he could turn it around.

D Grade

D

Andrey Santos

While his career in England hasn't kicked off yet, at least Andrey Santos showed enough promise on loan at Strasbourg last season that the club brought him back again for this campaign—although whether that was a club decision or a BlueCo one is another matter. He's got two goals in two appearances in Ligue 1 already this season, so there's hope yet for the Brazilian at Stamford Bridge.

Cesare Casadei

It's just not happening for the man signed from Inter Milan in 2022. Despite working with Maresca on loan at Leicester last season, the midfielder has not been able to hold down a starting berth in England. Constantly linked with a move away and likely to be sold in January.

Angelo

Zero appearances for the Chelsea senior team didn't stop the club from making a profit on the winger, who signed for Saudi Pro League club Al-Nassr at the start of September. Easy money.

Axel Disasi

A decent enough servant who has never been allowed to settle. Newcastle United's interest during the summer could have been a good move for a player who would likely improve with a little stability.

Caleb Wiley

Competent left-backs are exceptionally rare, so taking a punt on a young Major League Soccer star for a reported $11 million is a surprisingly sensible move from the folks in charge of Chelsea transfers. A loan with, you guessed it, Strasbourg will give us more clues about his future in blue.

Aaron Anselmino

Signed last month and immediately loaned to Boca Juniors. A long route to the first-team awaits the 19-year-old centre-back who needs to perform excellently to not be chewed up or lobbed to Strasbourg three years into his seven-year deal.

Mike Penders

Don't tell anyone, but Chelsea seem to have a soft spot for goalkeepers. The 19-year-old from Belgium signed from Genk in August and was immediately loaned back, getting him closer to first-team football than he would have done at Stamford Bridge. There's promise here, though, after showing enough to become the Belgian top flight's third-youngest goalkeeper ever in July.

D+

Omari Kellyman

One of the suspicious summer dealings that definitely hints of trying to navigate financial punishment. Kellyman has shown some goalscoring quality from midfield for Chelsea's Under-21s, but he is now injured and out for a couple of months. Looks like he has potential when fit.

C Grade

Carney Chukwuemeka

Chelsea swooped for a player who was demonstrating his abilities in substitute appearances for Aston Villa, and minutes off the bench is what he's continued to receive with the Blues when he's not out with injury. If he can stay fit, there's still every chance he can succeed, but the club might not have the patience for that.

Benoit Badiashile

At 23 years old, there's the making of a really solid defender here. Badiashile is perhaps not trusted enough to really step up and is in need of more senior players to help protect him. It'd be no surprise if the Frenchman matures into an important defender for Chelsea, or more likely, his next club.

Wesley Fofana

This grade would have been much higher if he could stay out of the treatment room. In over two years with the club, Fofana has made just 23 appearances. But the center-back's class is evident, he just needs to be available more often.

Djordje Petrovic

Emerged as number one for Mauricio Pochettino last season and now sent to Strasbourg under Maresca's rule. If that doesn't sum up the difficulties in establishing yourself at Chelsea, nothing will. Has watched on as the club filled their ranks with goalkeepers who will likely suffer the same fate, without the first-team bit.

Lesley Ugochukwu

Another young player whose career with the Blues has been stunted by injury, Ugochukwu hasn't been able to truly make a case for himself at the club. A loan move to Southampton this year should give him an opportunity to prove his value, either earning him a consistent spot in the first team or a big-money transfer elsewhere.

Filip Jörgensen

Likely to be the long-term man between the sticks after signing for over £20 million from Villarreal. Put together good experience in La Liga and should be integrated slowly through cup competitions before eventually taking over from Robert Sanchez. Potential to be a long-term success.

Kiernan Dewsbury-Hall

The 25-year-old's arrival at Chelsea looks like a direct request from Maresca. The Englishman's 12 goals and 14 assists for Leicester City in the Championship last season propelled the Foxes back to the Premier League—and Maresca into the Stamford Bridge hot seat. The midfielder's opportunities with the Blues might be hard to come by, though, and he might come to regret this move. Still, he's a solid depth piece who could soon stake a claim to feature more often.

Tosin Adarabioyo

A really smart first signing of the Maresca era on a free after some excellent performances for Fulham. Yet to feature, though. Tosin has excellent pedigree and should easily push his grade up if he replicates the dominance he showed at Craven Cottage. He had many suitors in the summer and feels like a win-win situation for Chelsea even if he doesn't reach his full potential at the club.

Estevão

The Brazilian will arrive in London ahead of the 2025-26 campaign, but he'll likely head straight out on loan. At just 17, he already has 10 goals and eight assists for Palmeiras, and he could be the next great Seleção star if he continues on this trajectory. This could be a really smart signing, it'll just be a while until we see him in a blue shirt.

Kendry Páez

The 17-year-old will join Chelsea next year after signing in June 2023. Already an established Ecuador international and regular goalscorer for Independiente del Valle after entering their senior squad at just 15 years old. Definitely a player to keep an eye on among the swathes of youngsters coming into the club.

C+ Grade

Enzo Fernandez

Expectations relative to Fernandez's reported $140 million transfer fee—the most expensive signing in British football history—have not been met. He's been good, not great, and that sum of money is looking like a bit of an albatross around his neck.

He's still just 23 years old, so if he remains a Chelsea regular for the next decade or so, it might eventually look like a fair deal. There's a long way to go until that happens, though.

His overall play so far has not done anything to justify that price tag, and the video of him singing a racist chant while with the Argentina national team has not done much to endear him to teammates or fans. Maybe the C+ is generous.

Robert Sánchez

Many would have expected Sánchez to play a key role in Chelsea's future when he was signed from Brighton & Hove Albion in August 2023. He helped set the tone for the Seagulls' brilliant passing style, looked confident on the ball and an excellent shot-stopper. It hasn't translated to his new club, where he's gone over 11 months without a Premier League clean sheet.

Limited minutes under Pochettino and now widely expected to be phased out slowly, it feels like a long time since Sánchez was regarded as one of the world's best up-and-coming goalkeepers. At 26, he still has the potential to become a major player.

Roméo Lavia

An impressive season in Southampton's senior ranks had a number of top clubs vying for Lavia's signature, and Chelsea won the battle.

However, nearly the entirety of his 2023-24 campaign was wiped out by injury. He's back in contention, and he's clearly capable of being a star if he can avoid fitness worries. That's a big "if," though.

Marc Guiu

We can ignore Guiu's shocking miss in the Europa League Conference League qualifier against Servette. At 18, there's a striker with real potential here. Expect him to get plenty of chances across the busy season, although his immediate opportunities in the Premier League will likely be few and far between.

Guiu is a smart striker, makes clever runs and is already showing signs of being physically imposing at such a young age. One to be nurtured properly.

Renato Veiga

Another gamble on a left-back, although Veiga was a bit more pricey than Wiley. A season on loan at Swiss club FC Basel—during which he scored twice and added an assist in 23 Super League games—put Veiga on the Blues' radar. He's entered the pitch as a substitute twice already this season, suggesting he'll soon be trusted with a starting berth.

B Grade

B

Noni Madueke

A potential superstar in the making. Madueke's recent hat-trick at Wolves pinpointed his best attributes and underrated finishing ability. There's a coolness in possession as he lures players in, isolating defenders in the one-on-one.

Madueke needs to maintain his place in the first team if he's to show supporters his full breadth of quality, with the fear remaining that one bad performance could see Christopher Nkunku, João Félix or Jadon Sancho replace him.

If Maresca sticks with Madueke he will be rewarded. He's contributed across limited minutes for both the Blues and PSV Eindhoven in his career, a sign of things to come.

Marc Cucurella

This could easily have been a lower grade if not for a standout, title-winning performance at the Euros with Spain, which arguably restored his value and demonstrated how best to use him.

The left-back looked like a rather awkward fit after signing from Brighton in 2022, but he's now established himself as the first-choice left-back for the Blues.

It's his spot to lose, and a couple of the young players signed in his position will be breathing down his neck before he knows it. But his energy and tenacity are vital for Maresca's pressing style, and it'll be tough to unseat him.

Nicolas Jackson

Capable of the sublime and the ridiculous, often within a few seconds of each other. Nicolas Jackson works hard. Sometimes he needs to take a little extra care and time his runs better, but there's no denying the striker puts it all on the line for Chelsea.

He actually has surprisingly solid numbers, netting 16 in 33 Premier League starts, while wasting many other chances. Chelsea spent a lot of the summer trying to find an alternative, with deals for Victor Osimhen and Ivan Toney amounting to nothing, before handing Jackson an extension to his contract that now runs until 2033.

Odd planning–he's gone from potentially being pushed out to being at the Bridge until we have flying cars–but that's a perfect summary of Jackson's tenure. None of it makes sense.

Christopher Nkunku

When he's on the pitch, Nkunku has looked sensational. It's just getting him there in the first place that's the hard part.

He's averaged a goal every 146 minutes in his nascent Chelsea career, and his pace and ball-carrying ability are a nightmare to defend against. He's also a pretty lethal finisher, which can't be said for all of Chelsea's attackers (looking at you, Nicolas Jackson).

But his position might be an issue on the hunt for game time. He's arguably most effective in the spot occupied by Cole Palmer, and it's difficult to drop a player who is in such an unbelievable vein of form.

Nkunku can work on the wings, too, but competition is fierce. And even if he does build up a head of steam, it'll likely be extinguished by another injury.

The Europa Conference League and domestic cup competitions will give him chances to start, and he'll need to grab those opportunities with both hands.

Moisés Caicedo

Signed for an extortionate £115 million, Moisés Caicedo is a reminder that when Boehly first came in, he probably thought spending huge sums would equal success.

Despite a questionable start, Caicedo is top quality on his day and has the ability to change an average Chelsea performance into a very good one.

Where questions remain over Fernandez's leadership or Lavia's fitness, Caicedo has quietly established himself as an important player. It's so easy to forget he is only 22. He pops up all over the pitch, his natural energy ensuring he competes in the heat of battle. Occasionally sloppy passing can get the fans on his back, but Caicedo is worth sticking with.

There aren't many players of his age with his commitment and talent, even if the transfer fee will be used against him. If Caicedo keeps his head up and continues doing what comes naturally to him, it's likely he'll have a successful Chelsea career when it's all said and done.

João Félix

The talent is there, there's little to debate on that front. But what exactly is Félix's best position? Even if Chelsea can find it, is he any better than the options otherwise available?

His versatility can be both a blessing and a curse, allowing him to slot in nearly anywhere along the forward line but not allowing him to establish his best position. It's likely he'll just become a useful depth piece.

In truth, Félix has not made good on the potential he showed with Benfica, with whom he scored 15 goals and provided nine assists in 2018-19 before his 20th birthday. Bouncing around clubs, albeit top clubs, has not helped his development.

Chelsea perhaps didn't need to sign him, but his availability was difficult to turn down for a club that simply loves to hoard players. If he can grab 10-plus goals this season and inch towards double figures in assists, they will be happy with the purchase. It just should be so much more.

Jadon Sancho

This grade is obviously presented with zero evidence so far. Sancho's deadline-day move could go either way.

The Manchester United loanee remains a cracking talent whose unique dribbling skills and technical quality lit up the Champions League with Borussia Dortmund at times last season. His attitude remains questionable, though, after a turgid spell at Old Trafford where he was given multiple opportunities to put his shortcomings right.

It's really up to Sancho now. He could become Chelsea's best pick-up in a long time if he finds the form that made him so coveted a couple of years ago.

His immediate objective is to get himself into the first team on a consistent basis, a difficult task considering the form of Madueke and the substantial options at Maresca's disposal. Chelsea's squad is far more competitive than the one he just left, so it's a step up or be forgotten moment for his career.

B+

Pedro Neto

Chelsea seemingly has a habit of signing players who then effectively move into the Stamford Bridge treatment room. In Neto, they have grabbed someone who already owns a loyalty card with club physios.

The Portuguese is a real handful, boasting pace, trickery and an eye for an assist. But in a possible 190 Premier League games he could have played for Wolverhampton Wanderers across five seasons, he only suited up for 111.

If he can make himself more available to his new club, this signing could be a steal. He'll only turn 25 years old in March, and he's already given Premier League defenders recurring nightmares. But it's another big question mark over an injury-prone player, and this signing could just as easily end up landing on an A+ grade as it could an F when his Chelsea career is over.

A Grade: Malo Gusto

Reece James' constant injury issues used to be catastrophic for Chelsea, but Malo Gusto has changed that.

The 21-year-old full-back signed in January 2023 for less than £20 million, and what a purchase it looks. He's a gifted worker down the right side, strong in the tackle and willing to play cutting passes with a swagger on the ball.

James' delivery is difficult to replicate, but Gusto provided six assists in 19 starts and eight substitute appearances last campaign, making a previously worrisome spot in the defence his own. He's good enough that even when James is back, he needs to be considered for a spot in the team.

Not many signings of Boehly's era have been clear and obvious successes, but Gusto bucks the trend. A few more of these and things would be looking a lot rosier in west London.

A+ Grade: Cole Palmer

Did anyone honestly see this coming? Did even Chelsea anticipate that Palmer—a talented but relatively untested player at senior level—would turn into a bona fide star so quickly after plucking him from Manchester City's youth ranks last season?

Palmer scored 22 goals and provided 11 assists in his debut campaign with the Blues, landing him behind only Erling Haaland in the hunt for the Golden Boot. While those goal stats are inflated by strikes from the penalty spot, there are few other players you would willingly bet your house on to find the net from 12 yards.

The 22-year-old is showing no signs of slowing down, providing a goal and four assists in just three Premier League games this season.

He went from City's kindergarten playpen to England international in under a year, and it's frightening to consider just what he could accomplish in the future. The club has already given him a contract extension that will keep him on board until 2033.

Stopped clocks are at least right twice a day, and in Gusto and Palmer, Chelsea got these signings spot on.