Because:
1. Poverty is not a big problem in England.
2. England invented football, basically. Chinese people probably don't give a damn about it, in general.
3. If the situation in Russia is identical, it doesn't make it right.
Of course, these outrageous amounts of money invested in football are a huge general problem, but at least in some contries they are somehow justified as they generate entertainment for people. English people love football, German people love football, Spanish people love football. Chinese people?