Chelsea have officially become the most expensive squad in football history, surpassing Real Madrid’s previous record for squad value.

According to a new UEFA report, Chelsea’s squad is now valued at a staggering £1.39 billion at the end of the 2024 financial year—well ahead of their competition.

This new benchmark eclipses the previous record of £1.12 billion, set by Real Madrid in 2020, solidifying Chelsea’s status as the biggest spenders in European football.

Since Enzo Maresca’s arrival, Chelsea have continued their aggressive investment in new talent, reflecting their ambition to compete at the highest level. With such a high-value squad, expectations will remain high as the Blues push for Champions League qualification and silverware this season.