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Football London
Football London
Sport
Tom Coley

Todd Boehly criticised by ex-Bayern Munich chief for Chelsea 'waste' in angry transfer outburst

Former Bayern Munich CEO Karl-Heinz Rummenigge has taken aim at Chelsea and Todd Boehly for their transfer window choices in a major outburst. The financial power of the Premier League has been the talk of the town in the past month after England once more dominated the spending.

It has seen mid-table and relegation threatened sides poach managers and players at historically larger clubs in Europe. Wolves are now managed by former Real Madrid and Spain boss Julen Lopetegui, while Aston Villa were deemed more attractive than last season's Champions League semi-finalists Villarreal by Unai Emery.

Outside of this, Pablo Sarabia was just one of the star names moving to bottom half clubs in England from sides elsewhere in European competition. None of this was more heavily scrutinised than Chelsea's outlandish spending once again.

READ MORE: Chelsea will love Mykhailo Mudryk and Arsenal revelation as transfer chief sends Blues message

The Blues were top of the league spending charts and went way and beyond that of any club across the continent, spending 50% of the Premier League total themselves. With eight new players and over £280m spent in the winter it has ruffled plenty of feathers across the wider landscape.

Although Bayern Munich were able to do one of the deals of the window, securing Joao Cancelo on loan from Manchester City, they don't compete with English clubs for the top prizes at their current valuations. "English clubs spend crazy money in an irrational way, while other clubs in Europe go ahead between scandals and financial crises, but are still able to bring trophies at home,” Rummenigge vented to Il Corriere dello Sport.

It comes with moves slowly being taken to crack down on the so-called 'financial doping' as La Liga president Javier Tebas has termed it. Manchester City have been charged by the Premier League with over 100 cases of financial breaches whilst Financial Fair Play restrictions could cause Chelsea issues in the near future should they not offload some of their stars in the summer.

“Chelsea wasted hundreds of millions of euros just to find themselves tenth in the table, it’s absurd," Rummenigge continued. "The globalisation of the market has created an incredible disparity. Once upon a time, there was an internal market and money circulated within a system. Wealth must be distributed in a better way.”

All of this is even more pertinent in England with the publication of the Government's white paper on the future of English football which included the possibility of the introduction of an independent regulator for football in the country.

With prices being inflated to remarkable levels - £106.8m being spent by Chelsea for a player with 70 senior appearances is proof of this - it is a key time in the governance of European football.

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