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Written by Liam Twomey,

Chelsea Correspondent

Not even the sickening sight of Jesse Derry being stretchered off on his Premier League debut could dull the half-time boos at Stamford Bridge.

Half-time is the best barometer of Chelsea fan unrest these days, because typically by the time the final whistle sounds, thousands have already left the stadium to start their sombre journeys home. This season is weeks beyond the tipping point whereby staying to the end becomes the most reliable way to escape the rush to board a train.

Nottingham Forest handed Chelsea their seventh home loss of this Premier League campaign on Monday, eclipsing the six home league defeats of BlueCo’s shambolic first season as owners, 2022-23. Here is a startling comparison, drawn from the height of the Roman Abramovich era: Chelsea lost five Premier League games at Stamford Bridge in seven years between August 2004 and May 2011.

That, clearly, is not the Chelsea that Clearlake Capital and Todd Boehly bought for £2.3billion in the summer of 2022. The tail end of the Abramovich era was a story of steady Premier League decline, masked by a remarkable Champions League triumph in 2021. In the later years, the club was an underperforming and thoroughly unsustainable enterprise with no easy pathway to an urgently needed new stadium, and tainted by a hidden historical financial scandal.

But there the mitigation afforded by this relevant context ends, because BlueCo do not get to be “the new owners” forever. Four years in, more than enough time has passed — and money spent — for world football’s loudest project to stand or fall on its own merits, and it is falling fast.

“I think the first 15 minutes was unacceptable,” said interim head coach Calum McFarlane in his brief post-match press conference, referring to the two-goal lead Forest fashioned early in the first half from Taiwo Awoniyi’s comically unchallenged header and the penalty kick that Igor Jesus converted after Malo Gusto’s monumentally stupid foul.

Thoughts on the game are pretty much as far as McFarlane’s media remit goes and he wasn’t wrong, but his words felt a little small for the moment, because there is quite a lot more that is unacceptable for a club of Chelsea’s modern history, resources and ambitions right now.It is unacceptable that McFarlane, along with his fellow Kinetic Academy alumni Harry Hudson and Dan Hogan, have been put into the position of leading Chelsea’s first team for two stints this season, so soon after being promoted with dizzying speed to key leadership positions within the club’s hugely successful academy.

It is unacceptable that Liam Rosenior was plucked from Strasbourg, the BlueCo sister club where he was building his coaching career, in January and placed in a role in which he lacked the authority to even see out the campaign. It is unacceptable that Enzo Maresca, a coach who ended his first season with two trophies, felt his interests would be best served by leaving Chelsea at the turn of the year. It is unacceptable that time has proven him right.It is unacceptable that the joyful clarity and physical dexterity has been sucked out of Cole Palmer. It is unacceptable that a midfield assembled for more than £250million in transfer fees can be so bad out of possession that Chelsea are played around and through by Ryan Yates and Nicolas Dominguez.It is unacceptable that despite investing so many millions in new centre-backs, Chelsea’s recruitment mistakes have left them starting a Cobham graduate they have repeatedly tried to sell and a free agent signing from Fulham. It is unacceptable that they are still searching for solutions on both wings and in goal.

It is unacceptable that this squad was so woefully under-equipped to handle the dual burden of Premier League and Champions League football, particularly in light of a heavily curtailed preseason. It is unacceptable that despite an almost wholesale turnover of players and staff in the past four years, the closest thing to a grizzled, serial winner in the first-team building at Cobham is player support and development officer Willie Isa, formerly a rugby league star.

It is unacceptable that this is now almost certain to become the third out of BlueCo’s four seasons of ownership to end in failure to qualify for the Champions League. It is unacceptable because Chelsea have spent far too much on players and coaches for annual participation in UEFA’s elite club competition not to be their baseline. It is unacceptable because that record-breaking spending has been funded in part by vast loans and a growing pile of debt — debt which must one day be repaid with eye-watering interest, or at least refinanced.In light of that financial reality, it is unacceptable that BlueCo have never managed to secure a stable front-of-shirt sponsor at a reasonable market rate. It is also unacceptable that, four years after making a what was described as a “firm commitment” to build Chelsea a world-class stadium, there are no signs that any significant progress has been made.

The above is by no means a comprehensive list, but it provides a broad understanding of why Chelsea supporters are planning further protests, on Wembley Way before the FA Cup final on May 16 and at Stamford Bridge against bitter rivals Tottenham three days later. At the very least, the angry noise will draw further attention to the pivotal summer that lies ahead.

Chelsea need a new head coach (again), but it is increasingly clear they need a lot more. With every new defeat, that big shiny FIFA Club World Cup trophy looks less like fitting validation for a winning strategy and more like fool’s gold. Minor tweaks will not correct this course.

Enzo Fernández played 58 games this season, more than any other Chelsea player and scored 14 goals and 9 assists