The German midfielder said he chose to sign for Chelsea instead of Manchester United because the English champions are a better team.
The London club has recently been dubbed as the most hated team in England.
Chelsea has made record English soccer losses of 88 million pounds in 2003-04.
Peter Kenyon left his job as Manchester United chief executive to take the same position at their English premier league rivals Chelsea.
Players led by England captain David Beckham make up almost a quarter of the top 100
Chelsea owner Roman Abramovich wants to build a legacy at the club that will last 100 years.
Chelsea, who won the League Cup in February, have 88 points and cannot be caught by 2004 champions Arsenal.
Real Madrid's Brazilian striker said he has no plans to join the English club.
The Manchester United manager said on Monday his side possessed the character to retain their premier league title.
The former Chelsea chairman bought debt-ridden second division Leeds United for 10 million pounds.
Vladimir Potanin, an oil and mining magnate, was considering investing up to 120 million pounds on a new stadium for Arsenal.
Chelsea are poised to sign striker Hernan Crespo and take their spending to close on 100 million pounds.
The Italian has always been a fans' favourite and was voted the greatest player in Chelsea's history in a poll last season.
The 23-year-old Portugal midfielder is Chelsea's fourth recruit under new manager Jose Mourinho.
The 30-year-old is currently playing for the Italian club Inter Milan.
Speaking after Chelsea secured second place in the premier league and a slot in the Champions League, the Italian said "everything is open".
The 52-year-old Chelsea coach wept on the Highbury pitch after his team beat Arsenal 2-1 to earn a place in the Champions League semi-finals for the first time.
The Charlton Athletic midfielder joined Chelsea in a 10-million-pound deal.
On Wednesday, Swiss business tycoon Hansjoerg Wyss said he was one of three people who had been approached by Abramovich to buy the club.
Fans are openly speculating that owner Roman Abramovich, a man who places notoriously high demands on his managers, could call time on Jose Mourinho's second spell at Stamford Bridge if Liverpool can inflict another defeat on the champions.
Chelsea long-serving captain John Terry has signed a new one-year contract, making a U-turn after saying in January he would be leaving at the end of the season. The club's website said Terry, 35, had agreed a new deal that would take him into a 22nd season at Stamford Bridge which he joined as a schoolboy. "I am delighted to sign a new contract with the club. Everyone knows I'm Chelsea through and through," Terry said. "I am looking forward to next season under the new manager and hopefully we can make it a successful one."
"Chelsea Football Club and Antonio Conte have parted company," the London outfit said on their website.
Chelsea named former Napoli boss Maurizio Sarri as the new head coach on a three-year term on Saturday, a day after parting ways with another Italian manager Antonio Conte.
The rumblings of discontent from Righteous Europe over Qatar's admittedly appalling human rights record can only be viewed as deeply disingenuous and phoney, argues Kanika Datta.
English Premier League leaders Chelsea have announced a profit of 18.4 million pounds ($28.89 million) for the year ending June 30 2014, the largest since Russian oligarch Roman Abramovich took over the club 11 years ago.
Tuchel has agreed an 18-month contract with the option of another year, the west London club announced.
Ivorian Drogba, who had been playing in the United States for Phoenix Rising, had two spells at Chelsea, scoring 164 goals in 381 games having spearheaded the west London club's revival under owner Roman Abramovich.
