Chelsea are on a journey to self-destruction after embracing the private equity scam, writes ALEX BRUMMER

New Photo - Chelsea are on a journey to self-destruction after embracing the private equity scam, writes ALEX BRUMMER

Chelsea are on a journey to self-destruction after embracing the private equity scam, writes ALEX BRUMMER


Amid the tens of thousands of words about the chaotic start to Chelsea's season there has been one significant element missing from the raucous discussion. The incompetence at Stamford Bridge showcases private equity at its very worst. Ownership is of critical importance to football clubs, as it is for all businesses - whether they are supermarkets, department stores or advanced aerospace and engineering companies. Ownership is of critical importance to football clubs, as it is for all businesses - whether they are supermarkets, department stores or advanced aerospace and engineering companies.
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