Chelsea F.C… A History of Money, Under-performance & Inconsistency

Introduction

In January 2005 while abroad at Queen Mary University of London, I played a semester of club rugby, met a ton of friends for life, and immersed myself in Premier League Football. There were two “gentlemen” on the team I got on really well with, Teflon John and Mr. Dyson, whom both happened to be long-time Chelsea F.C. supporters. It is often said you don’t pick your team; it picks you, and in 2005, the Blues picked me.

I will admit one very clear thing: I have had it very easy as a modern-day Chelsea supporter. Unlike most other long-term supporters, I haven’t experienced the dark days of the Chelsea Shed Boys and the Chelsea Headhunters. And I haven’t experienced the ritual sufferings of the pre-Abramovich era with the many lean years in trophies and the utterly inconsistent play. The fact of the matter is I started watching and supporting Chelsea at exactly the right time.

I once read a quote on Vice the summed up supporting Chelsea F.C. as follows:

“Chelsea F.C. in its 21st century incarnation is football support on easy mode: nice pubs, an attractive West London setting, and to top if off a team whose ability to compete for major trophies is guaranteed by the presence of a Russian oligarch with the loosest of purse strings.”

A simple Google search of “most hated English football clubs” or “where were you when we were shit?” will almost certainly return results that include Chelsea F.C. But how did a club with a history of underperformance and inconsistency grow to become one of the most vilified in all of English football?

In search of an answer to this question, I picked up a copy of Rick Glanvill’s Chelsea FC: The Official Biography. This book is a 400+ page comprehensive masterclass on the inner workings of Chelsea F.C., and is the ultimate resource on how Chelsea F.C. became the club that it is today. The following blog post is a write up on all of the things I learned about the football club I so luckily began following back in 2005.

From Gus Mears to Roman Abramovich, Chelsea F.C. Have Benefited from Two Ambitious Moneyed Patriarchs

As Rick Glanvill walks you through, Chelsea F.C. is a football club with a deep history that is sandwiched between two moneyed patriarchs. Gus Mears founded the club in 1905 with great ambitions to make Chelsea F.C. the best club in all of London, and Roman Abramovich bought the club almost 100 years later with ambitions to make Chelsea F.C. the best club in all of Europe.
 
But from the very beginning of its days, it was clear that Chelsea F.C. would rarely be perceived as a working-class club. From the outset it was seen as the rich man’s play-thing and the team of London’s elite. A big reason for this is simply where Chelsea F.C. is located: on the Fulham Road in the good ole’ SW6 postal club. Chelsea F.C. stand in earthly Fulham with its head pointed towards airy Kensington/Chelsea.
To give you an idea of the type of wealth the lives in and around the club, I pulled together some current pictures of the surrounding area:
 
A nice terraced house going for £5.8m on Britain’s priciest street
 
A two-bedroom flat in Drive Mansions on Fulham Road will set you back £700,000
 
 
From the inception of the club, wealth and hand me down poverty stood side by side. The fact that Gus Mears called his football club Chelsea, shows which side of the class divide he wanted the club and fans of the club to think of. All of the glitz and glam that have surrounded Chelsea F.C from its inception has created a perception in British football that showy Chelsea is not a gritty proper football club. And this is one big reason why Chelsea F.C. are one of the most hated football clubs in all of British football.

 

Stamford Bridge is the Crown Jewel of Chelsea F.C. but Home Support Lacks Fervor

Gus Mears’s founding of Chelsea F.C. in 1905 was the direct result of a failed negotiation with Fulham F.C. You see, Mears was a business man that was an opportunist at heart. At the time, the local Stamford Bridge Athletic Ground was used by the London Athletic Club. Naturally, Mears believed there was a huge opportunity to develop the Stamford Bridge Athletic Ground into a then world-class football ground, and thus have Fulham F.C. occupy this new ground. Amazingly, Fulham F.C. balked at the idea deciding to stay at Craven Cottage, and thus Chelsea F.C. was born and placed directly in the heart of Fulham Road.
 
 
 
Since the inception of the club, Chelsea F.C. and its home ground have always had a bit of a “curious” relationship. Strange as it may seem, Stamford Bridge has always been regarded as a pleasant place where fair-minded supporters generally applauded the opposition as much as their home team.
 
And even though Jose Mourinho over his two managerial stints turned Stamford Bridge into a fortress, Stamford Bridge historically has been a place that lacks fervor with passive, quiet, and restrained home support. On an aside speaking of fortress Stamford Bridge, under Jose Mourinho at one point Chelsea were unbeaten in 98 of 99 home games.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
It’s really amazing that Jose Mourinho went unbeaten at the Bridge for so long given how tepid and inconsistent the atmosphere is. And it’s this lack of fervor that makes outsiders to the club question Chelsea F.C. as a “gritty and proper” football club.
 
On top of the lack fervor in home support, the fact that Stamford Bridge remains the most valuable piece of real estate in football, adds to negative views on Chelsea F.C. It’s hard to assure and secure your future as a football club when you play your home games in central London on one of the most value pieces of land. That’s why the Chelsea Pitch Owners exist.
 
To give you an idea of how valuable Stamford Bridge and its surround lands are and have become, the cost in 1972 to redevelop the ground outright was an estimated £6.25M. The most recent estimate of the Stamford Bridge Redevelopment project ballooned to £1B before it was shelved.
 
Chelsea F.C. seem resigned to live with the consequences of successive failures to resolve its home ground problem that was first created in 1905 when Gus Mears founded the club. But at least Stamford Bridge is a very attractive home ground (see here):


Chelsea F.C. Players Have Always Been a Tad Over Paid. They Just Achieve More Silverware These Days

One of the biggest things I learned from Rick Glanvill’s book is that even prior to Roman Abramovich, Chelsea have always been a team that has had the money and the large crowds. What’s different now, is the success as measured in trophies. Undoubtedly some of the best footballers of each generation have played for the club (Greaves, Tambling, Bonetti, Osgood, Bridges, Venables), but prior to Abramovich and Jose Mourinho, they have failed dismally to consistently bring home silverware. Historically, Chelsea F.C. have been seen as a club that collects talented players that don’t blend well. But all of this changed after 2003. The following is a visual representation of what Chelsea F.C. has morphed into as a result of Roman Abramovich’s and eventually Jose Mourinho’s impacts:

Chelsea have doubled the total number of major trophies won in its history in the span of just 18 years from 2000 to 2018. Under Abramovich, 15 of the club’s major trophies have been secured, and Jose Mourinho is responsible for 7 of the 15 trophies secured during the Abramovich era. 

Where Do We Go from Here? Chelsea F.C. Will Always Be London’s Bohemian Football Club

Chelsea spent 10 of the first 25 years of its existence in the 2nd division. It’s a club that has sustained decades of inconsistency and underachieving and were relegated as recently as 1975 and 1979. Significant periods of a lack of on-field success and hooliganism between 1969 and 1989 blighted the reputation of the club.
 
 
But all of that changed when Roman Abramovich and Jose Mourinho came in 2003. Abramovich has spent a staggering amount on player wages (£2.8B) and net transfers (£1.0B) since 2003 to change the image of “lovable-losers Chelsea.”
 
As Chelsea move into the next decade of its existence it faces a real crossroads moment. There are some serious headwinds that will push the club to ask some hard questions of itself. Similar to its past, there are some themes that are rearing their head once again:
    1. The club is currently underperforming with Maurizio Sarri as manager, and this underperformance may cause them move on from yet again another manager.
    2. The pending transfer ban coupled with some consistent misses in the transfer market have left them once again with a miss match of players that don’t all gel together. 
    3. A real concern over whether Roman Abramovich is fatigued at this point as Chelsea F.C. owner. Their model now looks to be outdated
    4. Stamford Bridge is once again a problem as the club desperately need to figure out how to expand the capacity of its home ground. Looking to their North London rivals and seeing Arsenal’s home ground and Tottenham’s new home ground each with capacities of 60K+ must not feel great, especially as their original redevelopment plans have been shelved given Roman Abramovich’s “issues.”
    5. The club still doesn’t have a technical director. Historically, Chelsea F.C. have a history of football directors that lack knowledge of football and don’t take a back seat to those with the knowledge. With out a technical director, major decisions seem to fall on the plate of Marina Granovskaia, long-time confidant of Roman Abramovich.
Chelsea’s fortunes as an English and European power have changed in lockstep with the financing from Roman Abramovich but the days of domination from West London appear to be over. History has shown that Chelsea have never been afraid to burn themselves to the ground and start again. At times over the last decade and a half, that has probably been the smartest move, and may be the move that the need to play once again. Without the benefit of the commercial opportunities enjoyed by Manchester United and Liverpool, privileges earned by historic success and sustained by truly global fan-bases, remaining passive now would condemn Chelsea to become the new Arsenal.

The Nwokedi-Allen Bracket Challenge… A History of Bad Picks, Heats, and Genuine Good Fun

Each March for the past four years, my family and I have entered into a winner take all Bracket Challenge, where the winner takes home close to $100+ and bragging rights. This year will mark the 5th year of the Nwokedi-Allen Bracket Challenge. In honor of this, I thought it would be funny to revisit some of the highlights (and low-lights) over the past four years. In summary, the last four years have gone as follows:
 

2015 Highlights 

 

In 2015, Duke beat Wisconsin in the National Championship game. Kentucky and Michigan State made the Final Four. In the Nwokedi-Allen Bracket Challenge, every single one of us picked Kentucky as the champion except for my sister Jennifer, her husband Josh, and my wife Nicki. Consequently, that year’s winner was Jennifer and my wife Nicki finished last.

Jennifer employed a very innovative tactic in her approach to picking. She allowed my nephew Joshua to choose almost all of her teams, and this proved to be so effective, that my sister Ashley the following year consistently asked my nephew for “advice” in her picks.
The pick of the tourney was made by Joshua when he picked Wichita State to beat Kansas in the second round. How he “knew” is beyond us all. I mean … He was still a toddler at this point.
My sister Michelle and I watch the most college basketball out of this group. That year, she and I on numerous occasions thought that Duke would win it all. But when push came to shove, we both picked Kentucky…. Egg on our face. 
This was my sister in-law Rosie’s first foray into brackets and March Madness in general. She’s British and American college basketball hasn’t seemed to find its way onto her priority list 😊. I mention her because she adopted a very unique picking strategy. She looked at each school and simply picked the schools with mascots she liked best. And funny thing … She didn’t finish last!
The honor of finishing last went to my lovely wife Nicki. She decided that her strategy was going to revolve around picking the schools that had people she liked at them. As a Darden School of Business alum, her default choice is always to pick Virginia to win it all. And this year that choice got her beat. Michigan State as a 7-seed beat Virginia in the second round.
This theme of picking Virginia to win it all will continue to pop up in the Nwokedi-Allen Bracket Challenge over the years. So much so that we adopted a very simple rule… “If you pick Virginia to win it all, you will end up in last.”
 

2016 Highlights 

 
In 2016, Villanova beat North Carolina on a last second three-pointer in the National Championship game. Oklahoma and Syracuse made the Final Four. In the Nwokedi-Allen Bracket challenge, it came down to me versus my sister’s husband Dan. I picked UNC to win it all, and going into the National Championship game, I was the only person that could overtake Dan. As the video above shows, Kris Jenkins of Villanova had other ideas.

 

The basketball guru herself, Michelle Nwokedi, finished dead last. And my sister Jennifer’s bracket got busted very early, thus ending her back-to-back campaign.
The pick of the tourney was made by Rosie when she picked Yale to beat Baylor. When asked why she made that pick she said something along the lines of “Bulldogs are better than Bears… Oh My.”
Other “not-so-funny” moments in our Nwokedi-Allen Bracket Challenge:
·        Stephanie and I pick Texas and get beat on a half-court shot by Northern Iowa. Stephanie proceeds to get so angry that her texts become incoherent.
·        Nicki picks Virginia to win it all again. This time they get out of the second round and get beat in the Elite Eight by Syracuse (a #10 seed).
·        Ashley literally asks my nephew Joshua for help building up to the tournament.

2017 Highlights 

 
In 2017, North Carolina got their redemption and beat Gonzaga in the National Championship game. Oregon and South Carolina made the Final Four. In the Nwokedi-Allen Bracket challenge, once again it came down to me versus my sister’s husband Dan. I picked UNC to win it all and he picked Gonzaga to win it all. The winner of the National Championship game would literally decide the winner of the Nwokedi-Allen Bracket challenge.
 
 
For the second straight year in a row, the basketball guru Michelle Nwokedi finished dead last. Her dismal performance would prompt her to convince the group to allow a Second Chance Bracket in 2018 that allowed her to bounce back and get some money. At least we all know that she was good at actual basketball!

 

This year Nicki stays away from picking Virginia to win it all. Instead she adopts the “Kentucky fried chicken, Kentucky bourbon, KENTUCKY ALL THE WAY” strategy! This was her best finish in the four years of our Bracket Challenge. 

 

On the back of last year’s Yale upset, Rosie and Stephanie buy into the Ivy League Schools hard this year. They both choose Princeton to make the Sweet 16…. SMOKED!
In general, year 3 of the Nwokedi-Allen Bracket Challenge was a reminder of why we do this each year. As much as it’s about bragging rights and winning, it’s the banter that wins the day. To quote Rosie, “let’s be honest, I’m just here for the chat. I picked Duke because Nathan on One Tree Hill likes them. I really have NO BUSINESS here!”
2018 Highlights
In 2018, Villanova beat Michigan in the National Championship game. Kansas and Loyola-Chicago made the Final Four. In the Nwokedi-Allen Bracket challenge, we welcomed Big E to the fold and had to learn how to moderate our comments 😊.
This year was also decided by the National Championship game. Heading into that game, Dan and Ashely (who happen to also be married) were mathematically the only people that could end up in the #1 spot. Since Dan picked Michigan and Ashley picked Villanova, the winner of the game would determine the winner of our Bracket Challenge.
 
At the start of this tournament, I said the following: “16-seed teams have never won ever… One day it will happen and the tourney will go crazy.” These my friends were my famous last words.
Virginia entered the tournament as the number one overall seed, and this was hands down their best chance to win the tournament. As a bonafide Virginia hater, I spend a lot of my time during the year telling the group that Virginia can win it all for a whole host of reasons. And usually every single year, I pick against them (even though I went to the Darden School of Business). This year, against my best mind, I picked Virginia to win it all. It also seems as though I influenced Nicki, Rosie, and Stephanie to do the same. Although we all know that Nicki was picking Virginia like always. 
 
All in all, the 2018 Bracket Challenge can be summed up in two photos:
 
 

Conclusion

So, as we enter the 2019 Nwokedi-Allen Bracket Challenge I’d like to impart some things we learned as a group:
1.      Never ever pick Virginia. They will choke and you will pay for it.
2.     Stephanie takes teams losing to hear and genuinely thinks she is a coach.
3.     We make some very ridiculous comments as we watch these games.
4.     Every year I resolve to stop making brackets and every year I get sucked right back in.
5.     Everyone deep down really wants to win.
And with that, I’d like to welcome Jane and Doug to the fold this year. Welcome to the ridiculousness that is March Madness and the Nwokedi-Allen Bracket Challenge. May the odds be ever in your favor!