Thomas Tuchel does not believe Chelsea's ownership takeover is impacting their performances on the pitch.
The Blues backed up Saturday's 4-1 home loss to Brentford by losing 3-1 to Real Madrid at Stamford Bridge.
The Raine Group is expected to announce their preferred ownership candidate in the next few weeks, but Tuchel is refusing to use the uncertainty as an excuse.
"I was a bit shocked when I saw the number of games we played in 2022," Tuchel said. "I saw it in the last days, we were the team with Liverpool who have played by far the most matches in England and Europe. Don't forget everybody else's life changes. We had three extra-times on top of it. So yes, it is a bit worrying.
"The schedule is not our friend this season and we've struggled from it. But we can still play better because I think we found in the first half we could exploit these positions better. We can play much better. We can hurt Real Madrid much more, but we were far off our level and that is very disappointing because it is a night when you need to be spot on.
"You ask about the circumstances and the change of ownership, I see no difference between the last weeks and the last weeks we performed. I do not accept it as an excuse because of the same reasons that I said before. It is the moment now to find an end to this period of conceding goals and losing games very quickly because we are in an absolutely crucial time of the season."
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