I don't doubt that it is good for Chelsea, but I really do not like it. I assume that their academy gets a crop of top kids every year, but how many have made it to the top in recent years? I can see that for the best 18-20 year-olds, a spell on loan gives them experience of grown-up football; but by 23/24, the best should be playing at the top, rather than being a cash-cow for already wealthy clubs. It is not good for English football, and it is not good for the individuals, in my opinion. Perhaps I just don't like Chelsea...