By Martin Graham
Chelsea’s The decision to sack Liam Rosenior after just 106 days in charge underlines the ongoing disarray created by the club’s ownership group, BlueCo. Initially presented as a product of their multi-club structure, Rosenior’s move from Strasbourg in January to replace Enzo Maresca was intended to symbolize internal progression. Instead, he highlighted the risks of putting a relatively inexperienced coach in charge of a complex and demanding environment.
The appointment placed a 41-year-old manager in a role that has proved challenging even for experienced figures. The pressure and expectations surrounding Chelsea have consistently overwhelmed those in charge, and Rosenior’s short tenure followed the same pattern. While he may have potential for the future, this episode is likely to leave a lasting impact on his career.
His departure adds to a growing list of managerial changes, further straining the relationship between the club’s management and its supporters. Protests and fan dissatisfaction have intensified, especially as the club continues to struggle on and off the pitch.
Rosenior’s final act, a public criticism of his players after a 3-0 defeat at Brighton, came amid a run of five straight league defeats without scoring, a situation not seen since 1912. His exit may close a chapter, but it does nothing to address the club’s wider problems.
A dramatic drop from recent success
When BlueCo completed its £4.25bn takeover in May 2022, Chelsea were in a strong position. He had finished third in the Premier League under Thomas Tuchel and they had stayed in the top five for seven consecutive seasons, having also won the Champions League the previous year.
Since then, the club’s trajectory has changed dramatically. Instead of competing at the highest level, Chelsea are now struggling to secure any form of European qualification, with significant financial implications if they miss out.
Financially, the situation has also worsened. The club posted pre-tax losses of £262m at the start of April, the highest in Premier League history. This surpasses Manchester City’s £197.5m deficit recorded in 2011, although Chelsea generated £490.9m in revenue, one of the highest totals in their history.
This decline on the field has been accompanied by instability behind the scenes, which has left Chelsea far removed from the consistency that once defined them.
Spending a lot but without direction
Since taking over, BlueCo has invested approximately £1.5 billion in new players, much of it targeting young talent tied to long-term contracts. However, this heavy spending has not translated into stability or success.
The managerial turnover has been relentless. Tuchel was sacked within 100 days of taking over, followed by the departure of Graham Potter seven months later. Frank Lampard returned briefly as caretaker manager before Mauricio Pochettino took over, only to leave after one season. Maresca’s tenure ended in January, less than six months after winning both the Club World Cup and UEFA Conference League.
According to reports, Maresca’s departure stemmed from tensions with the club’s hierarchy, including disagreements over team selection and in-game decisions. His public comments about internal dissatisfaction after a win against Everton pointed to deeper problems, which ultimately contributed to his sacking.
Rosenior’s appointment was another attempt to reboot the leadership, but it quickly fell apart. The repeated cycle of hiring and firing suggests a lack of coherent strategy, which raises questions about decision-making at the highest level.
Questions about leadership and future direction
Criticism has shifted more and more towards those in charge rather than the managers themselves. Former player Pat Nevin pointed out that the frequency of changes makes it difficult to blame individual managers, especially after four years and £1.5 billion invested without clear progress.
He also highlighted a structural problem, where managers seem to have responsibilities without full control, particularly in recruitment. Rosenior, like others before him, worked with players he didn’t draft, reinforcing the idea that head coaches operate with limited authority.
For the rest of the season, Calum McFarlane steps in as a stopgap solution, tasked with guiding the team through an FA Cup semi-final against Leeds United and trying to secure European qualification.
Looking ahead, Chelsea face a difficult challenge in attracting a high caliber manager. Names such as Xabi Alonso, Andoni Iraola, Cesc FÃ bregas and Marco Silva have been mentioned, but each represents a profile that may be reluctant to join a club currently defined by instability.
Chelsea will eventually appoint another manager, but the role no longer holds the same appeal as it once did. The onus for this change lies squarely with BlueCo, whose approach has yet to deliver the stability they now promise to pursue.

