sport news Chelsea owner Roman Abramovich is turning back time with a transfer frenzy to ...

Frank Lampard was on holiday in America when news broke of the Roman Abramovich take-over at Chelsea.

By the time he was back for pre-season training, the place was brimming with new talent and megastars such as Ronaldinho and Andriy Shevchenko were being linked.

This was pre-Financial Fair Play and Abramovich spent a staggering £290million on 19 new players in his first 15 months. Adjusted for inflation this is about £450m today, yet still Lampard flourished.

Chelsea owner Roman Abramovich has sanctioned a host of expensive signings in this window

Chelsea owner Roman Abramovich has sanctioned a host of expensive signings in this window

Manager Frank Lampard will benefit from a host of high-profile additions to his squad

Manager Frank Lampard will benefit from a host of high-profile additions to his squad

Bayer Leverkusen star Kai Havertz is poised to become Chelsea's next signing for £90million

Bayer Leverkusen star Kai Havertz is poised to become Chelsea's next signing for £90million

Who better, in that case, to be at the wheel when Chelsea complete the signing of Kai Havertz from Bayer Leverkusen for a club-record £90m and establish a new high for spending by a Premier League club in a single window?

Havertz follows Hakim Ziyech, Timo Werner and Ben Chilwell, four players recruited by the west London club at a combined fee of around £230m. 

Throw in the acquisitions of Thiago Silva and Malang Sarr, signed on free transfers last week, and Abramovich is back in the realms of 2003. Chelsea have splurged on transfers at a rate of more than a million a day since Ziyech’s deal was struck with Ajax in February.

There are six more weeks before the market closes and there are live targets still in play such as Declan Rice at West Ham.

The club’s last accounts recorded a loss of more than £100m yet Chelsea are able to make financial sense of it. 

Hakim Ziyech has made the switch from Ajax, with the talented winger costing £37million

Hakim Ziyech has made the switch from Ajax, with the talented winger costing £37million 

Another new arrival at Stamford Bridge is forward Timo Werner, who cost £53million

Another new arrival at Stamford Bridge is forward Timo Werner, who cost £53million

England international left-back Ben Chilwell joined Chelsea from Leicester for £50million

England international left-back Ben Chilwell joined Chelsea from Leicester for £50million

They did not spend at all in January and, last summer, under a FIFA ban, could only convert loan signing Mateo Kovacic into a £40m move.

Since then, they have banked more than £100m from the sale of Eden Hazard to and another £50m for Alvaro Morata’s move to Atletico Madrid, which became a permanent transfer this summer.

Outgoings helped reduce the wage bill, including well-paid senior players David

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