Todd Boehly completed the Chelsea takeover in May 2022 with ambition, capital, and a clear desire to compete with the Premier League's elite. Three years on, the verdict is complicated. The positive case: Chelsea have invested in a young, talented squad with a clear development trajectory. The training ground at Cobham has been upgraded. Stamford Bridge redevelopment discussions are ongoing. The commercial revenue has hit record levels. The appointment of Maresca suggests a coherent tactical vision is finally emerging. The negative case: five managers in three years. A revolving door of recruitment decisions. A record pre-tax loss of £262m. A squad assembled at enormous cost that has yet to challenge seriously for the Premier League title. The cultural instability that comes from constant managerial change. The honest verdict: Boehly's project is not a failure. But it is not yet a success. The model requires patience to evaluate properly — the young squad has not matured, the stadium question remains unresolved, and the managerial continuity under Maresca has only just begun. Sunday vs City is not the moment to judge the Boehly era. But it is a moment to see whether the investments are beginning to deliver the results they were acquired to produce. 📅 Sun 12 Apr, 07:30 UTC | Stamford Bridge 🏆 GW30 | The Boehly Verdict