Chelsea’s summer turnaround shows the thrill of transfer betting

Chelsea’s transfer window is finally getting into gear, and it’s quite crazy to look back on the players we were considered most likely to sign as recently as 6 weeks ago.

A deal for Raheem Sterling is already done, and he looks likely to be joined by Nathan Ake and Kalidou Koulibaly as fresh faces in defence.

It’s unclear who will come in up top, but plenty of players like Raphinha have been ruled out after at some points looking like favourites to become Blues.

Back at the end of May, betting sites likes like Fun88 had the following 3 targets as the favourites to become Chelsea players, in descending order:

Jules Kounde at 1/5 on, Ousmane Dembele at 10/11, and Declan Rice at 7/2.

What’s happened in each of those cases? Well Jules Kounde’s move, long planned, seemed to collapse the moment the new owners took over. Perhaps it was just that all the groundwork laid by Marina Granovskaia over the last 12 months had to be torn up, perhaps it was just that Todd Boehly and his team didn’t like what the previous regime had offered Sevilla, or perhaps they just decided they wanted to go for a different profile of defender.

Whatever the case, the odds collapsed from 1/5 and are now spectacularly long in comparison to what they were.

In Dembele’s case, the move for Raheem Sterling diminished the need for another winger, and the Frenchman is now close to signing a new deal with Barcelona on reduced terms, after a totally fruitless holdout. That whole saga was mismanaged by his agent as much as anything  – but it looks very unlikely he comes to Chelsea now in any case.

And finally there’s Declan Rice. While he’s now longer than the 7/2 he was back then, there still seems a glimmer of hope that we do make our much-anticipated move for him. We would say it’s far more likely to be next summer than this though, given how quiet things have gone.

He’s got many years of contract still to run, and the emergence of Conor Gallagher as a Premier League star over the last 12 months means we have a ready made reinforcement in that area already on the books. We will be back for Rice – but he may now have to wait another year.

It’s all a good reminder of how quickly things change in the transfer market, especially when Chelsea are involved. You can lose a lot of money betting on these moves – but also make a lot too.

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