It's not all doom and gloom at Stamford Bridge, with the club's Under-21 side contesting two of the biggest trophies available after a penalty shootout win.
With this week's Champions League semi-final defeat still fresh in the mind of those at the football club, one group of Chelsea players are in with a double shot of glory to ensure the Blues' trophy locker will continue to swell as a result of the 2013-14 season.
The Chelsea Under-21 team has qualified for the final of the Under-21 Premier League after beating Manchester City 5-4 on penalties.
With both sides having invested heavily in youth development over the last few years it is little surprise that they are in the latter stages of the Premier League's youth league.
And it was the Blues of London that beat the Sky Blues of Manchester after normal and extra time couldn't separate the two.
Islam Feruz had put Chelsea ahead early on, a lead they held for much of the game, only for City's Oliver Ntcham to equalise with 14 minutes left. There would be no more goals, and in the ensuing penalty shootout, Chelsea prodigy Ruben Loftus-Cheek converted the winning spot-kick after the Londoner's goalkeeper Jamal Blackman had kept out two City efforts.
Eighteen-year-old Loftus-Cheek is highly thought of at Stamford Bridge, and featured for the side in several pre-season friendlies.
Already in the FA Youth Cup final against Fulham on Monday 5 May, the young prospects look like filling in for their more illustrious seniors by providing the clubs best chance of silverware this season.
Brazilian defender David Luiz admitted after the game with Atletico that trophies were important for a club as big as Chelsea, and that all the players were hurting from the 3-1 loss.
The Blues' Under-21 side will face the winner of the second Under-21 Premier League semi-final between Liverpool and Manchester United which takes place later tonight.