I’m worried for Chelsea – Arsene Wenger reveals the big problem Todd Boehly has created for Chelsea

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Former Arsenal manager Arsene Wenger believes Chelsea’s new ownership have made a major error by spending much on transfers at a very short period of time.

“I would say I’m worried for Chelsea,” Wenger told beIN Sports.

“I agree that the new president comes in and invests a lot of money. I prefer somebody invests £500m but over five years £100m, because you can really change the team.

“But if you don’t invest well the £500m [in one go], then you have a real problem for the future.

“They haven’t invested well, no. That is basically their problem today, they still have the same weaknesses they had before, they do not score enough goals, they have a lot of possession but not a lot of conversion of chances to score goals.

“We have another example tonight, they brought Joao Felix in December and in the most important game of their season [against Real Madrid] they take him off because he doesn’t score goals as well.

“I believe as well when you sign players for eight years it’s good for the Financial Fair Play because you can amortise the transfer over eight years but if the player is not right you have to pay the player for eight years, it’s a huge burden for the future, it’s a massive risk.”