Chelsea are a poor house, especially after Roman's political adventures.
I wonder how Real are managing, given that Spain as a country is poorer than the UK.
The only tough years for RM transfer wise were during the late sixties-early seventies from what I remember (yet they managed to squeeze a CL even then). For Barca there were some more difficult years, but now they are way ahead.
PSG too are now rich. I recall a UEFA cup tie between AEK of Athens and PSG some twelve years ago. They managed to eliminate the weak Greek team, but they were bottom of the French league at the time and the Paris leg was interrupted for several minutes by protesting PSG supporters. At the same time Chelsea under Jose Mourinho were making big advances in Europe.
I don't understand why we have become so poor. Is it T-shirts ? Then let's open shops with T-shirts in every town allover the world. They can only make profit !
It's inexcusable.
I can understand some teams that reach a certain level and then give up because the budget requirements become too big and they give up because it's beyond them. The Greek Olympiakos Piraeus is the best example of a team that had to give up European dreams. They were progressing but at about the time they met with Chelsea in 2008 for the stage of 16 (3-0, 0-0 the results) it dawned to them that they could keep things going for them domestically but there was n't enough money for European dreams. So last year their best transfer was the aging Miralas from Everton (failed). The same kind of thing is true of some other teams. But not Chelsea !