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Chelsea have spent big in recent seasons and if they are not playing in the Champions League they will not be able to keep their players - nor will they be able to afford their wages.
The guy in charge at the moment is simply not right for Chelsea. I think Bates and co should accept they have made a big mistake and replace him straight away. Player power brought Ranierri to Chelsea (Hasslebaink was very influential in the decision by all accounts - they were together at Athletico Madrid). Players should never be allowed to pick managers. Chairman pick managers and managers pick players - simple. However, I do not think this is an isolated case. According to the press Sol Campbell prompted the Spurs board to bring in Glenn Hoddle. The Spurs board agreed - hoping it would influence Campbell to commit his future to Spurs.
I am NOT a Chelsea fan - so this is an outsiders view on things down at the Bridge.
It's the only way they've managed to pick up any points this season ;-)