how can chelsea spend so much

Chelsea is able to spend so much due to a strategic approach that involves buying young players on lower salaries and signing them to very long contracts, sometimes lasting seven to nine years. This allows the club to spread the transfer fee costs over many years (amortization), which reduces the annual accounting expense and helps Chelsea stay within Financial Fair Play (FFP) rules. They also frequently trade players, selling those who do not meet expectations for a profit or to manage the squad size and finances. Despite spending huge sums—over a billion dollars in recent years—the club aims to profit from its transfer market activities and to build a young, talented squad for long-term success. Selling surplus players and maintaining a pipeline of youth talent helps balance the books while enabling Chelsea to keep investing aggressively. This method has led to a large accumulation of young, relatively inexpensive players on longer contracts, which helps stabilize yearly costs on the books, even though the overall spending appears massive. This approach, combined with Chelsea's commercial revenues and other financial maneuvers, allows the club to continuously spend large sums on transfers while technically complying with FFP regulations, though it is a risky and complex financial strategy that relies heavily on player trading and management.