This man is ruining soccer.
- Chelsea just reported a £70.9M loss.
- Chelsea has had the most expensive squad transfer cost eight years running.
- Chelsea just bought Fernando Torres for £70.9M and David Luiz for £25M.
- Apparently Manchester City may be ready to exceed Chelsea's record loss of £147M.
I am all for free markets - that's one of the reasons I love soccer compared to the closed professional leagues in the US. I also oppose oligopoly, which Pay As You Play showed has been happening since Abramovich took over at Chelsea. I will be interested to see how rigorously UEFA applies the Fair Play rules - are they really going to tell a club like Chelsea or Manchester City that they cannot participate in Champions League? I hope so, or things are going to continue to get worse.
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