Breaking down Chelsea's staggering 39 summer exits

Chelsea have had a few remarkable transfer summers since their forced sale from Roman Abramovich's control in May 2022.

Once again they were big spenders, outlaying £349m on 11 signings such as Morgan Rogers, Maxence Lacroix and Emiliano Martinez.

But there was something different this time.

Chelsea actually made a trading profit after selling 17 players.

Another 22 were loaned out, four of those with either sell-on options or obligations totalling more than £140m.

It meant a staggering 39 players left the club - and that is not including the four young players who were released.

And, remarkably after all that, the Chelsea website, external still lists a first-team squad on their books of 30 players.

Here, we break down the Blues' remarkable summer of 50 deals, focusing on their 39 sales.

Who left on permanent deals

Chelsea's internal figures suggest the club generated more than £500m in player departures during the summer window.

This includes loan fees and is a total that would represent a world record.

Earlier this week BBC Sport's calculations, carried out by FootballTransfers.com founder Paul Macdonald, put the incomings at £349m and the outgoings at £382m.

That figure did not include any potential loan option/obligation fees, or future clauses which are dependent on achieving certain targets.

Chelsea estimate they have made a profit of about £120m on transfer activity.

Whichever way you add it up, their summer represents a staggering, record-breaking period of player trading in European football.

Among the 39 players sold or loaned out were Enzo Fernandez, whose £125m move to Manchester City matched the British transfer record, and Senegal striker Nicolas Jackson, who joined Aston Villa for £65m.

Spain full-back Marc Cucurella moved to Real Madrid for £51.8m, while Liam Delap and Andrey Santos were each sold in deals worth around £50m.

In fact Chelsea had five sales above £40m, or seven if you include two loans that have a £75m option (Mykhailo Mudryk to Tottenham) and a £43m obligation (Alejandro Garnacho to Villa).

To put that into context, there were four £40m-plus signings in the whole of Serie A, two in La Liga and four in the German Bundesliga.

What has been stark is Chelsea's willingness to do business with Premier League clubs, including their rivals.

Arsenal are the 'big six' club to have signed the most Blues players under the current ownership, recruiting Noni Madueke, Kai Havertz and Kepa Arrizabalaga among others.

Chelsea have also completed eight deals with Aston Villa in four years - a figure matched only by the number of Brighton players who have moved to Stamford Bridge during the same period.

They also did business with Tottenham for the first time in 17 years when winger Mudryk joined Spurs on loan.

It was also the first loan move between the clubs in 34 years.

Yet again there were more deals with sister club Strasbourg this summer - two transfers and three loans.

Has Chelsea's strategy finally started to pay off?

Does this all show Chelsea's recruitment strategy, which has attracted significant criticism over the years, has finally started to deliver, at least financially?

Or has it been a sign of sorting out the transfer chaos of the first four years under Todd Boehly and Clearlake Capital?

For most of their tenure, the strategy centred on signing young players to long-term contracts and rapidly rebuilding a squad largely inherited from the Abramovich era - a process that initially came at considerable expense.

Spending on transfer fees has overall significantly exceeded income from player sales - and the club subsequently breached Uefa's financial controls, resulting in a fine and a settlement agreement.

Chelsea also controversially remained within Premier League financial regulations after selling assets, including two hotels and the women's team, to companies within the club's ownership structure.

Since then, they have increasingly focused on trying to balance their spending by generating significant transfer income.

Before this summer, Chelsea had already recorded sales total of £236m, £178m and £289m in successive summers.

Put simply, Chelsea have spent almost £2bn across nine transfer windows, but have generated more than £1bn through player sales in this time.

A new approach after season of turmoil

Chelsea's chastening 8-2 Champions League defeat by Paris St-Germain last season was a turning point.

The discontent that had simmered behind the scenes - and in the stands - became harder to ignore.