Chelsea Football Club was founded in 1905, based in Fullham, London. Their first major success was in 1955 when they won the league championship. They've won four league titles and seven FA cups since then. They are the seventh most valuable football club in the world, worth £473 million ($761 million).
Chelsea Football Club have recently been in the news due to their manager's dismissal. This decision was made by the current owner of Chelsea Football Club, Roman Abramovich, a Russian business man who took over Chelsea in 2003. He purchased 29.5% stake in Chelsea Village Plc for £60 million. He bought the remaining 12,000 shareholders at 35p per share, completing the £140 million takeover. At this time, Chelsea Football Club were in a lof of debt. Abramovich paid most of this debt quickly, to a sum total of £80 million. This year, Chelsea announced their first profit under Abramovich of £1.4 million.
Chelsea Football Club have had ten different mangers in the past ten years. Such managers include; Jose Mourinho, Avram Grant, Carlo Ancelotti, Andre Villas-Boas, and the manager who was recently dismissed, Roberto Di Matteo. Jose Mourinho was dismissed due to reports that he fell out with Abramovich, but Mourinho was reponsible for bringing back to back league titles for Chelsea. Grant led Chelsea to their first Champion's League final, however they lost on penalties to Manchester United. He was dismissed shortly after that. Di Matteo had one bad month of results, which ultimately led to his dismissal. Abramovich has been under the spotlight in the news due to this recent dismissal, with reports suggesting that Abramovich has high expectations of his managers.
I think Abramovich is a very demanding man who wants Chelsea to be successful. The only thing that he cares about is winning trophies, but he doesn't care about his managers. What do you think of this recent dismissal? Is Abramovich being unreasonable or too demanding? Or does he just want the best for his club?