Todd Boehly’s first season as Chelsea owner will end trophyless after Tuesday’s defeat resulted in elimination from the Champions League.
Chelsea were knocked out of both the FA Cup and Carabao Cup at the third round stage and sit 11th in the Premier League.
Chelsea made eight signings in the January transfer window, continuing Boehly’s high level of investment since leading a consortium to buy the club from Roman Abramovich last year.
The Blues spent over £300million on the likes of Enzo Fernandez, Mykhailo Mudryk and Benoit Badiashile having already shelled out around £200m on new players in the summer.
Chelsea were knocked out of the Champions League by Real Madrid on Tuesday night, with the Blues suffering a 4-0 defeat on aggregate in the quarter-final.
It was the latest blow in a disastrous campaign for the club which has seen Frank Lampard return as manager on an interim basis until the end of the campaign.
Lampard has now lost each of his first four matches in charge since replacing Graham Potter, including 2-0 losses to Madrid with the reigning European and Spanish champions.
It is the first time since 1993 that Chelsea have lost four games in a row.
Lampard, 44, is Chelsea’s third manager of the season, with the Blues having started the campaign with Thomas Tuchel in charge.
Boehly took the decision to sack Tuchel in September and hired Potter instead, but the appointment did not work out with Lampard returning to the club at the start of April.
