Chelsea lost, this means that now Chelsea has few competitions in which they could win, I think it is very difficult for Chelsea to win the Premier League this season, so the Conference League is the competition in which Chelsea has the greatest chance of winning and closing the season with some title. They spent a lot of money on strange signings, I hope that when the season ends, they will see if it was worth it.
Chelsea are out of the EPL, they are left with just conference league and premier league. Chelsea might win the conference league from the way they are playing, its going to be difficult for any team to drag the conference league with Chelsea, they are the best team playing the league, and they have been playing well. They had unbeaten record in the group stage, so I will say Chelsea will win the conference league if mistake doesnt happen.
I dont even know how Chelsea will be able to win the premier league, Chelsea that have been inconsistent recently, they do lose matches which they are not suppose to lose, they draw and lose to clubs which they are suppose to use and accumulate points, Chelsea is currently in 4th position, but no matter how hard they try, they cant win the premier league title this season, and as we can see, Liverpool will do everything possible to maintain the first position till ending of the season.