The Blues might be sitting pretty in position 6 in the football money league rich list but the truth of the matter is that their financial situation is not too good. With a massive debt in excess of over £1 billion, Chelsea could soon find itself in a very messy situation.

It is also now emerging that Chelsea paid £28 million to sign Andre Villas-Boas from Porto last summer.

As if today's disappointing result wasn't enough to elicit anger, we now have news that a section of Chelsea supporters were reported to authorities after allegedly making racist remarks about Anton Ferdinand as they were traveling back from Norfolk via train.

Chelsea Football Club is concerned to hear that a small number of fans travelling back by train from Norwich were alleged to be involved in racist chants and comment.

Chelsea have finally confirmed the status of their veteran French bomber, Nicolas Anelka, after revealing at the club's official site that they have agreed in selling the striker to Chinese outfit, Shanghai Shenhua.

Despite confirming Anelka's departure in the upcoming January transfer window, the Blues apparently didn't revealed any more financial details which both clubs being agreed upon, although rumors claimed that Shanghai is offering wages around 175,000 a week for Anelka.

When the chips are down, the man to call up is Didier Drogba. The Ivory Coast striker has removed an absolutely intense amount of pressure off the backs of Andre Villas-Boas and Chelsea Football Club by turning in two superb ...
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English Premier League side Chelsea FC has announced the inclusion of a charity logo on the back of its adidas 2011/12 UEFA Champions League kits. According to the Blues' website: Chelsea Football Club has become the first English team to add a charity logo onto our Champions League kit. In addition to existing sponsors Samsung [.

Today wasn't exactly the end-all day of days for Chelsea to buy back Stamford Bridge. Nevertheless, it will be seen as a roadblock in the club's attempt to move forward with a new stadium. For those unaware, the club did receive the required 75 percent of votes from shareholders at Thursday's general meeting of Chelsea Pitch Owners that would have allowed the club to purchase back the freehold and thus move it to a new stadium in the very near future.

Chelsea Football Club have moved a step closer towards building a new stadium after making an offer to buy back the parts of Stamford Bridge sold to supporters in the 1990s reports PA news.

It hasn't always been about the Champions League and domestic doubles for Chelsea Football Club. The club's saga over its ownership of Stamford Bridge was at a time during which it had nothing like the status that it has today one of the ongoing crisis stories of the 1980s, but the club was (after the collapse of Marler Estates in 1992) reunited with the freehold to the ground and subsequently set up the Chelsea Pitch Owners, a non-profit organisation which took ownership of this freehold and the name of the club, and granted it a 199-year lease on Stamford Bridge, which secured the club's future even though the ground stands on one of the more sought-after areas of London a city that has seen a fair few football grounds disappear in the name of property development in recent years.

Manuel Queimadelos Alonso/Getty Images(Bleacher Report)The arrival of Andre-Villa Boas midsummer threw a short term wrench in Chelsea Football Club's transfer agenda as he needed time to asses his squad and decide what direction he wanted to take moving forward.
He has a selection issue up front among Fernando Torres, Didier Drogba, Nicolas Anelka and young Daniel Sturridge who had a superb loan move to Bolton Wanderers in the second part of the Blues' previous campaign.

Chelsea Football Club and adidas today unveiled the new third shirt for the 2011/12 season.

Some hard news, finally.

The FA released the upcoming season's fixture list this morning. Chelsea will start away from home for the first time in six seasons. TBA and company will be at the Britannia for no doubt a warm welcome.

Expectations

TBA, if you haven't figured it out, refers to our manager.

Should we expect to be painting a similar picture to the one below come August?

We keep hearing about the Dutch around these parts. Marco Van Basten is the man to helm the rebuilding project at Chelsea Football Club. Guus Hiddink will aid in the cause as director of football.

After being knocked out in the last eight of the Champions League, Chelsea have finished in second place, Carlo Ancelotti has been fired and along with an ageing side; the cracks now visible at Stamford Bridge may be a bigger than they appear.

On Sunday 22nd Chelsea Football Club made an announcement that stated "Chelsea Football Club can confirm that Carlo Ancelotti parted company with the club today".

I would like to introduce to you an amazing website called Chelsea 2D.
"Inspired by the Nintendo World Cup game, I'm going to be creating an old school interpretation of the modern day events at Chelsea Football Club. I won't be offering our highlights in 3D, I won't be screening live games, but Chelsea2D.

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Our football review of the week looks back at Birmingham's shock win over Arsenal (he he), wonders if it's possible for Ashley Cole to become even more ridiculous and reviews the ugly Glasgow derby.

Note: There is a print link embedded within this post, please visit this post to print it. | Subscribe: The Good, the Bad and the Ugly

Our football review of the week looks back at Birmingham's shock win over Arsenal (he he), wonders if it's possible for Ashley Cole to become even more ridiculous and reviews the ugly Glasgow derby.