Thomas Tuchel has told been told of Todd Boehly and co's expectations for the 2022/23 season after meetings were held between the pair over Chelsea's transfer strategy this summer.
Boehly, Clearlake Capital and co have stamped their authority on the club in the first few weeks since their £4.25 billion takeover was confirmed at the end of May.
A new nine-person board has been announced with Boehly taking over come Bruce Buck as Chairman, while also becoming the interim sporting director following the departure of director Marina Granovskaia.
Discussions have taken place over their targets for the transfer market as players are identified for Thomas Tuchel's rebuild.
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Chelsea's new owners want to back the German in a bid to challenge for the Premier League and Champions League next season, looking to close the gap domestically to Manchester City and Liverpool, as well as Manchester United and Tottenham Hotspur who Tuchel also expects to be up there.
They will be looking to improve on their third placed finish last season in the league, hoping to win their first league title since 2017.
While the Blues also will be hoping to clinch European glory once again after their 2021 Porto triumph which saw their defence of their crown end at the quarter-final stage last season to Real Madrid.
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Now the new owners have arrived, fresh expectations are being set.
They want a top four finish at the minimum, but want Tuchel to manage a side who is challenging for all of the trophies on offer.
A senior source told The Telegraph: "I think table stakes is Champions League qualification and then everything beyond that.
“Obviously from the English fans point of view, winning the Premier League is extremely important, and then from a global perspective, winning the Champions League is extremely important. Being in a position year in and year out to be competitive.”
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In midfield, it appears that no new additions will be made unless there is departures, with the depth deemed sufficient.
The source added: “The key is to basically work with Tuchel to come up with the best players that are available.
"We really want to make sure we have a good defence. We've got depth in midfield. We're not desperate for an out-and-out striker.
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“Fortunately, there's reasonable opportunities in the market right now in order to satisfy the fans' desire to be competitive.
"I think it's a combination of moves and there's five or six that we're going to look to make.”
Topics: Chelsea, Todd Boehly, Thomas Tuchel, Premier League, Champions League