Arsenal manager unhappy with Chelsea 's $ 114 million outlay on two clubs . Arsene Maxim says spending shows no logic after announcing a massive loss . A Milan official also criticizes England 's record level of January 2012 . Officially they vote for financial fair play , but they can explain why they have done this much better than I can . European clubs must close their doors by end of 2012 or face sanctions .
Arsenal manager unhappy with Chelsea 's $ 114 million outlay on two clubs . Arsene Maxim says spending shows no logic after announcing a massive loss . A Milan official also criticizes England 's record level of January 2012 . European clubs must close their doors by end of 2012 or face sanctions .