Looking at Brighton and Chelsea’s contrasting approaches in the transfer market

Aug 14, 2023 3 min read
Moises Caicedo has swapped Brighton for Chelsea (Zac Goodwin/PA)
Moises Caicedo has swapped Brighton for Chelsea (Zac Goodwin/PA)

Moises Caicedo’s £100m move from Brighton continues Chelsea’s lavish spending under Todd Boehly’s ownership group and represents another major profit for the Seagulls.

Here, Football Mad looks at the two clubs’ contrasting approaches in the transfer market.

Boehly breaks the bank

Todd Boehly
Todd Boehly has not been shy of splashing the cash (John Walton/PA)

Chelsea became used to unprecedented transfer outlay under former chairman Roman Abramovich but if anything, Boehly and Behdad Eghbali’s Clearlake consortium have taken it to new levels.

Raheem Sterling was the first signing of the new era for a reported £47.5million last summer, with defenders Wesley Fofana (£70m), Marc Cucurella (£60m) and Kalidou Koulibaly (£34m) the other stand-out deals in a window that saw them spend over £250m in all.

A British record £106.8m deal for Enzo Fernandez and an initial £62m, potentially rising to as much as £89m, for Ukraine winger Mykhailo Mudryk followed in January. The Premier League’s spending of £815m that month was almost double the previous January record of £430m, while Chelsea’s £308m alone would have ranked second on that chart and was more than the rest of Europe’s ‘big five’ leagues combined.

Chelsea's most expensive signings under Todd Boehly's ownership
Moises Caicedo forms an expensive midfield partnership with Enzo Fernandez (PA graphic)

That £650m-plus season expenditure – plus pay-offs to sacked managers Thomas Tuchel and Graham Potter, and a reported £20m to Brighton to lure Potter in the first place – could not help Chelsea to success as they limped to a 12th-placed finish in the league, their worst finish since 1994.

The solution, unsurprisingly, has been to spend another £290m and counting this summer on the likes of forwards Christopher Nkunku and Nicolas Jackson, defender Axel Disasi – whose debut goal earned a draw with Liverpool on Sunday – and now Caicedo.

With a reported ongoing interest in Southampton midfielder Romeo Lavia and an admitted need for another striker following Nkunku’s injury, Boehly’s Blues could be on course for an even larger outlay in this window and potentially even a total outlay topping £1billion within 15 months of their takeover.

Brighton bring in big bucks

Brighton's Moises Caicedo, centre, and Marc Cucurella, right, challenge Southampton's Che Adams in April 2022
Moises Caicedo, centre, follows Marc Cucurella, right, in joining Chelsea and making a significant profit for Brighton (Gareth Fuller/PA)

Caicedo is the latest off-the-radar discovery to make a huge profit for Brighton, having signed from Independiente del Valle in his native Ecuador for a reported £4.4m as recently as February 2021.

Now seemingly worth up to 26 times that amount if the £15m in potential add-ons in his deal are all activated, the midfielder continues an impressive trend.

In the last three seasons, Albion have sold 10 first-team players who made at least 20 league appearances in the previous campaign and have made a profit on all but two.

The summer 2021 window saw homegrown defender Ben White move to Arsenal for a reported £50m and Dan Burn to his hometown club Newcastle for £13m, a near-£10m profit for the Seagulls.

Ben White celebrates after scoring for Arsenal against Leeds
Homegrown star Ben White joined Arsenal for £50m (Adam Davy/PA)

Alireza Jahanbaksh’s move to Fenerbahce that summer represents Brighton’s only significant loss on a first-team player in that timeframe, the Iran winger leaving for less than £1m having signed for a then club-record fee of almost £17m in 2018.

Neal Maupay, signed for just over £14m from Brentford and sold to Everton last summer for £10m, is the only other player to lose Brighton money in the market but it was offset by selling Yves Bissouma and Marc Cucurella, both signed for in the region of £15m, for £25m and £60m to Tottenham and Chelsea respectively.

A £7m profit on Leandro Trossard followed with his January move to Arsenal before this summer saw £7m signing Alexis Mac Allister and academy product Robert Sanchez sold for, respectively, an initial £35m to Liverpool and £20m to Chelsea. Caicedo’s move makes it a combined profit of around £245m on the 10 players.

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