I could have told you so

In spite of al that was said by Liverpool about keeping Fernando Torres, you knew that he was going to move to Chelsea and now it has happened.

The Spanish  international signed a five-and-a-half-year contract at Stamford Bridge last night worth £175,000 a week. The deal cost Roman Abramovich £50 million. Bear in mind that Chelsea lost £47.4 million in 2009 and that loss rose to £70.9 million in 2009-2010.

It isn’t as if Chelsea are the only European club to suffer such losses, Manchester City spent £27m last month on transfers raising their losses to £141m- a record for a Premier League club.  

In the course of his press conference, Torres said he was happy. In fact he reportedly said it at least four times. Torres has 175,000 good reasons to be joyful, let us hope that Chelsea will be equally pleased with their expensive acquisition.

There is always the possibility that Torres will not fit in well with his new team at least straight away.  Let’s face it, he would not be the first high value player to “loose form” after such a move.

As I have said on many occasions, I know nothing about football but I do know that £50m is a lot of money.