Roman Abramovich has announced his intention to sell Chelsea.
The Russian has been owner of the club since 2003. He revealed his intention to sell in a statement on Chelsea's official website on Wednesday evening.
The statement read: "I hope that I will be able to visit Stamford Bridge one last time to say goodbye to all of you in person. It has been a privilege of a lifetime to be part of Chelsea FC and I am proud of all our joint achievements. Chelsea Football Club and its supporters will always be in my heart."
Chelsea have spent a huge amount of players under Abramovich's tenure. In fact, they have spent just over £2 billion on players in the past 19 years.
But how does their net spend compare to Europe's biggest clubs since 2003?
Using Transfermarkt, we've named the 20 clubs in world football with the highest net spend since Abramovich took over Chelsea in the summer of 2003. Spoiler alert, Chelsea aren't first...
20. Inter Milan | -£272.61m
19. Wolfsburg | -£284.91m
18. Newcastle | -£305.75m
17. Everton | -£319.64m
16. Zenit St Petersburg | -£320.66m
15. West Ham | -£321.81m
14. Napoli | -£334.04m
13. Aston Villa | -£404.51m
12. Tottenham Hotspur | -£436.30m
11. AC Milan | -£470.97m
PARIS, FRANCE - AUGUST 11: Lionel Messi poses with his jersey next to President Nasser Al Khelaifi after the press conference of Paris Saint-Germain at Parc des Princes on August 11, 2021 in Paris, France. (Photo by Sebastien Muylaert/Getty Images)
10. Liverpool | -£527.23m
9. Bayern Munich | -£545.47m
8. Arsenal | -£567.02m
7. Juventus | -£598.77m
6. Real Madrid | -£649.35m
5. FC Barcelona | -£789.01m
4. Paris Saint-Germain | -£886.43m
3. Chelsea | -£947.09m
2. Manchester United | -£1.061bn
- Manchester City | -£1.348bn
Chelsea have a net spend of nearly £1 billion since Abramovich arrived at the club.
However, while that's a quite absurd amount of money, two European clubs have spent more.
Man City have a net spend of over £1.348bn since 2003, which is a staggering £400m more than Chelsea.
Manchester United also have a net spend of over £1 billion.
Roman Abramovich announces he'll SELL Chelsea FC! Hear full reaction on The Football Terrace...
Perhaps surprisingly, Liverpool only have the 10th highest net spend. Arsenal are one of the nine clubs who have spent more.
Zenit St Petersburg make the top 20, as do Newcastle, who recently spent £118m in the recent January transfer window.
Quiz: Chelsea under Abramovich: How well do you remember the last 19 years?