Club football spending has spiraled in the last few years. The Roman Abramovich revolution that saw the Russian Oil mogul acquire Chelsea Football Club and loosen the purse-strings by signing new players shook the footballing world. It all started with the £6 million capture of Glen Johnson in July 2003, and since then Roman Abramovic's Chelsea have gone on to sign a host of the world's finest talent1.Since 2003, according to The Sun newspaper, Abramovich has spent a cool £2 billion at Chelsea, with transfer fees and player salaries forming a major part of that outlay. It is worthy to note however that this figure represents Chelsea’s net spend as at the Summer of 2013.
In hindsight, Roman Abramovich... Read more