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| Version 0 | Version 1 |
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| We will cut spending - Abramovich | We will cut spending - Abramovich |
| (about 1 hour later) | |
| Billionaire owner Roman Abramovich expects Chelsea's spending in the transfer market to be reduced once the benefits are reaped from its academy. | Billionaire owner Roman Abramovich expects Chelsea's spending in the transfer market to be reduced once the benefits are reaped from its academy. |
| European governing body Uefa may make football more competitive by curbing investment by rich benefactors. | European governing body Uefa may make football more competitive by curbing investment by rich benefactors. |
| Russian Abramovich has spent millions since taking over at Chelsea in 2003. | Russian Abramovich has spent millions since taking over at Chelsea in 2003. |
| But he told The Observer: "Our strategy is to bring up our own players through the academy, which we have invested a lot in, and hope it gives results." | But he told The Observer: "Our strategy is to bring up our own players through the academy, which we have invested a lot in, and hope it gives results." |
| He added: "We will be spending less in the transfer market in future years." | He added: "We will be spending less in the transfer market in future years." |
| Abramovich also denied that he had any involvement in picking the team. | Abramovich also denied that he had any involvement in picking the team. |
| The reality is that we have won two Premierships but I am more excited about this particular season than last year or the year before Chelsea owner Roman Abramovich | The reality is that we have won two Premierships but I am more excited about this particular season than last year or the year before Chelsea owner Roman Abramovich |
| However, he did confirm that he does influence Chelsea's business in the transfer market, although he insisted that boss Jose Mourinho has the final say. | However, he did confirm that he does influence Chelsea's business in the transfer market, although he insisted that boss Jose Mourinho has the final say. |
| "I am not involved in team selection," he said. "I cannot say I am completely not involved in buying players but my role would be significantly lower than that of the manager's. | "I am not involved in team selection," he said. "I cannot say I am completely not involved in buying players but my role would be significantly lower than that of the manager's. |
| "You cannot compare them. To give an example, this would be an impossible situation where a manager does not want a player to be bought and I try to impose ideas. It would not work." | "You cannot compare them. To give an example, this would be an impossible situation where a manager does not want a player to be bought and I try to impose ideas. It would not work." |
| It follows reports that suggested Abramovich was behind the decision to buy striker Andriy Shevchenko for £30m from AC Milan in May. | It follows reports that suggested Abramovich was behind the decision to buy striker Andriy Shevchenko for £30m from AC Milan in May. |
| The 40-year-old stressed he was committed to Chelsea and would not lose interest if the club won the Premiership for a third successive year. | The 40-year-old stressed he was committed to Chelsea and would not lose interest if the club won the Premiership for a third successive year. |
| "People who know me said I will win one or two Premierships and will not be interested after that," he stated. | "People who know me said I will win one or two Premierships and will not be interested after that," he stated. |
| "The reality is that we have won two Premierships but I am more excited about this particular season than last year or the year before. | "The reality is that we have won two Premierships but I am more excited about this particular season than last year or the year before. |
| "I am getting excited before every single game. The trophy at the end is less important than the process itself." | "I am getting excited before every single game. The trophy at the end is less important than the process itself." |
| Abramovich also gave an insight into his relationship with Mourinho. | Abramovich also gave an insight into his relationship with Mourinho. |
| "We do not have friendly relations but they are warm enough. Generally speaking, I treat him with great respect," he revealed. | "We do not have friendly relations but they are warm enough. Generally speaking, I treat him with great respect," he revealed. |
| And the Russian hinted that he has no ambitions to see Chelsea enter a European Super League. | |
| "I don't see the risk of that," he said. "Money plays an important role in football but it is not the dominating factor. | |
| "I don't have an opinion about Chelsea playing in a Super League. | |
| "My feeling would be that you lose something of the beauty of the Premiership by joining something not defined at the moment." |