Chelsea are bad because of the money and Liverfool are good because of their history and 'knowledgeable fans'!
In relative terms, Liverpool were big spenders in their heyday. Record fees for Ian St John, Peter Thompson, Dalglish, Beardsley. They spent big money (for the time) on Ray Houghton, John Barnes, Souness, Johnson...They also paid a fair whack for Collymore.
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