Thiago Silva has warned things could get worse before they get better for Chelsea unless the club "stop and put a strategy in place".
Chelsea lost 2-0 to Real Madrid at Stamford Bridge on Tuesday to exit the Champions League 4-0 on aggregate at the quarter-final stage.
The Blues also fell short in both domestic cup competitions and are 11th in the Premier League, despite spending more than £600million on new players over the past year.
That has coincided with the Todd Boehly-led consortium taking over from Roman Abramovich, with the new backers having nothing to show for their investment so far.
The owners have already sacked Thomas Tuchel and Graham Potter, with Frank Lampard brought back as caretaker manager, but Silva hopes lessons will be learned.
"I think the first step has been made, an incorrect step, but it has been made," he told TNT Sports following Chelsea's European exit.
"We can't be blaming the managers if we don't take responsibility. It's a hard period for the club, with a lot of indecision.
"Change of ownership, new players arriving – we had to increase the size of the changing room because it didn't fit the size of the squad.
"A positive point is that there are amazing players in the squad, but on the other hand, there are always players that are going to be unhappy."
Chelsea have made 17 signings over the past two transfer windows – both loan and permanent arrivals – leaving a number of players struggling for any meaningful action.
"There is always going to be someone upset because not everyone can play," Silva said. "The manager can only pick 11 from a squad of 30-something – that's tough.
"Some can't make the squad. We signed eight in January, so we need to stop and put a strategy in place, otherwise next season we could make the same mistakes."
Chelsea are winless in seven matches, losing five of those, including all four since Lampard was brought in as Potter's temporary successor.
Veteran centre-back Silva, who is nearing the end of his third season with Chelsea, accepts it is down to him and his team-mates to step up.
"Everybody talks too much about replacing managers. I think we, as players, must also take responsibility," he said.
"We have had three managers this season, plus a fourth with Bruno [Saltor] where we failed to win. We have lost today, and with Lampard, we have failed to win.
"Everybody is talking about the manager, but we must look at what has been done wrong and try to change."
Chelsea have seven Premier League games remaining, starting with the visit of London rivals Brentford next Wednesday.
Bologna 3-3 Juventus: Bianconeri hit back in Motta's job interview
Juventus scored three goals in eight minutes to complete a remarkable comeback and secure a 3-3 draw against Serie A's surprise package Bologna on Monday.
The Bianconeri, who sacked Massimiliano Allegri last week, endured a nightmare start as Riccardo Calafiori and Santiago Castro propelled hosts Bologna into a 2-0 lead within 11 minutes.
Matters got worse for Bianconeri interim boss Paolo Montero when Calafiori struck again eight minutes into the second half to put Bologna, coached by reported Juve target Thiago Motta, into a 3-0 lead, with the defender chipping the ball over goalkeeper Wojciech Szczesny.
Yet Federico Chiesa's 76th-minute effort kickstarted a stunning turnaround, with Arkadiusz Milik's free-kick soon after teeing up a grandstand finale.
Kenan Yildiz was the player who sealed the draw, as Juve hit back against their potential next coach.
The result left third-placed Bologna level on 68 points with Juve in fourth before the final matchday.
Data Debrief: Three down? No problems
For the first time in their history, Juve avoided defeat in a Serie A game in which they had been at least three goals behind.
Chiesa was key to their comeback. Bologna are the team that the Italy international has scored the most league goals against in his career (seven in 11 matches).
Liverpool offer 'difficult to ignore', says Klopp's replacement Slot
Arne Slot said it was "not an easy decision" to leave Feyenoord, but ultimately he could not turn down the Liverpool job.
Liverpool finally confirmed Slot as Jurgen Klopp's successor on Monday.
Klopp signed off on his nine-year tenure in charge of Liverpool with a 2-0 win over Wolves on Sunday.
The German started an "Arne Slot" chant during his leaving speech at Anfield, and a day later, the Reds officially announced the 45-year-old Dutchman's appointment, subject to a work permit.
Slot led Feyenoord to the Eredivisie title during his time in charge, as well as the KNVB Beker, while they also reached the Europa Conference League final in 2022.
Speaking to Feyenoord's official website, Slot said: "It is certainly not an easy decision to close the door behind you at a club where you have experienced so many wonderful moments and worked successfully with so many wonderful people.
"But as a sportsman, an opportunity to become a head coach in the Premier League, at one of the biggest clubs in the world, is difficult to ignore.
"At the same time, we understand very well that working at a club like Liverpool is a special and unique opportunity for him. With that in mind, we started the conversation to see if we could find a solution together, and in the end we succeeded."
Feyenoord beat Excelsior in Feyenoord's final match in charge on Sunday.
Hojlund form gives Man Utd 'luxury problem' for FA Cup final, says Ten Hag
Rasmus Hojlund's return to form presents a "luxury problem" for Manchester United ahead of this weekend's FA Cup final against Manchester City, says Erik ten Hag.
Hojlund came off the bench to score United's second goal as they rounded off their Premier League campaign with a 2-0 win over Brighton and Hove Albion on Sunday, having also netted in last week's 3-2 victory over Newcastle United.
He finished his debut Premier League season with 10 goals, becoming the youngest player to reach double figures in 2023-24 (21 years, 105 days old as of Sunday).
Hojlund has battled injury problems and dips in form throughout the campaign, and in his absence, Ten Hag has often opted to deploy Bruno Fernandes as a false nine.
The Portugal international started United's last two matches in that position, and Ten Hag says he has plenty to think about as he prepares to name his cup final lineup.
"It is not a dilemma, it is a luxury problem," Ten Hag said.
"I think both formations can be a success because, as you know, we can play with the set-up from the Etihad, where we were a threat with Bruno's movement in behind.
"With Rasmus Hojlund in behind and in form, it is absolutely something we have to consider.
"Let's have a thought, but let's not say we only need 11 players. In a tough final, you need a bench as well."
Hojlund failed to score in his first 15 Premier League matches before ending his drought against Aston Villa on Boxing Day, though he did score five times in United's unsuccessful Champions League campaign before Christmas.
He has 16 goals across all competitions this term, which Ten Hag sees as a good effort when taking his fitness problems into account.
"It could always be better, but don't forget he had three injuries this season," Ten Hag said.
"He came in with an injury and missed the start, then he got injured before winter, and then got another injury after winter.
"Every time that has broken his rhythm. If you score 16 goals for a first season, it is okay, and remember it is also not over. We have the final too."
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