Chelsea spending does not stack up

A LEADING football business analyst has rubbished claims Peter Kenyon can turn Chelsea into a "normal business" inside five years.

Kenyon, chief executive at Stamford Bridge, has set out a business plan for the club to break even by 2010 and cut its dependence on billionaire benefactor Roman Abramovich.

But Professor Tom Cannon believes Chelsea stand very little chance of turning into a profitable operation and that the club would go to "hell in a basket" without Abramovich's money.