Holloway was appearing on Sky Sports’ Goals on Sunday programme where he was discussing Chelsea.
Maurizio Sarri’s side brushed aside Huddersfield 5-0 on Saturday just four days after losing 4-0 at Bournemouth.
Holloway says he was not surprised with the way Chelsea reacted to the Bournemouth loss.
But he then fumed at the club’s transfer business over the years and the lack of faith managers have given on young players.
“It doesn’t surprise me that they can bounce back with the sheer talent that they’ve got in and around the club at all levels really,” Holloway said.
“I probably get more frustrated with Chelsea than anyone else as a manager.
“I think they’ve been buying some brilliant young players, stacking and racking them for years and years to save themselves some money, but they don’t get into the team.
“[Ruben] Loftus-Cheek, every time I go there I think ‘oh please give him a game, give him a game, bring him off the bench’.
“I just don’t understand it.
“It’s probably because their manager has to win.”
Chelsea’s win over Huddersfield lifted them back above Arsenal into the top four.
Loan signing Gonzalo Higuain scored his first two goals in English football and manager Sarri reckons there is more to come from the Argentine.
“Higuain is improving,” said Sarri.
“He wasn’t physically at the top when he arrived, because he had a back problem and wasn’t involved, so only played a few matches.
“He is a great player. Apart from the goals, he is really very suitable to play very close to Eden [Hazard].”