Ken Bates has been criticised for his reaction to the allegations of racial abuse at Chelsea by saying "the sniff of money is in their air".
The 86-year-old owned Chelsea from 1982 until June 2003, which was during the period in which former youth team players claim they were racially abuse by two coaches. The club are investigating these allegations.
Bates was asked by the Proper Sport Daily podcast about the abuse allegations concerning Graham Rix and Gwyn Williams. Both men vehemently deny all the allegations.
In an interview broadcast on May 10 and still available on iTunes, Bates spoke publicly on the issue for the first time, saying "the sniff of money is in the air".