Makes sense in a way. Man Utd is arguably Yankees level in EPL. Most well known English team. Chelsea and Arsenal are London based EPL clubs.
I'm more surprised about Liverpool being where they are.
http://swissramble.blogspot.com/2010/09/has-old-lady-been-rejuvenated.html
Long but great and worthwhile read. I would suggest everyone has a read, really good stuff here.