
Leicester fans cheer Chelsea's goal
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It's time for everybody to raise their glasses and acclaim
the new champions! Leicester City have achieved the improbable and
become only the sixth side to win the Premier League trophy in the
competition's 24-year history. In doing so, the table-topping Foxes have
brought a broad grin to the faces of all neutrals and left casual fans
of the Premier League scratching their heads in bemusement.
To get a good grasp of the scale of their decline, you must cast your
mind back to the 2007/08 season, when three British sides featured in
the Champions League semi-finals and the fourth, Arsenal, were
challenging for the Premier League title until the final few weeks of
the campaign.
Manchester United and Chelsea contested the 2008 Champions League final
Getty ImagesThere are a multitude of different factors that have led the likes of United and Chelsea to regress. Chief among these is their grotesque overspending on players who never realised their potential - Angel Di Maria and Fernando Torres being the prime examples.
United have spent more than £250m ($366.2m) since Louis van Gaal's appointment in the summer of 2014 but have been forced to rely on youth team products, like Marcus Rashford, to reach this season's FA Cup Final. Remarkably, the Reds' squad currently appears weaker than that which David Moyes inherited from Sir Alex Ferguson.

Angel Di Maria signed for United in 2014
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Chelsea,
on the other hand, will not even have the compensation of European
football next term, despite having one of the most expensively-assembled
squads in the history of the game.
Arsenal and Liverpool have spent lavishly, too, but the closest
either side has come to winning the title in the last 12 years was when a
Luis Suarez-inspired Reds team took them to within a whisker of the
trophy in 2013/14.This financial profligacy has been compounded by some ill-advised managerial appointments at three of the four clubs, while most Arsenal fans appear to be of the belief that Arsene Wenger has passed his sell-by date. H
eaps and heaps of cash has been squandered by men who should never have been allowed to spend it in the first place.
There can be no doubt
that all four clubs ought to have achieved more with the resources
they've had available to them, and Leicester's comparatively modest
spending has served to highlight their numerous shortcomings. It would
be inconceivable for the current Foxes side to have even qualified for
the Champions League in 2008, such is the decline of the superpowers.

Arsenal fans protest against Arsene Wenger at the Emirates Stadium
Getty ImagesBut when Wes Morgan - who was playing in League One eight years ago - steps forward to collect the Premier League trophy, the hierarchy of England's leading clubs ought to hang their heads in shame, knowing Leicester's success is the result of their own ineptitude.
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