Chelsea are again reeling this week after the dismissal of manager Liam Rosenior.
"Everything eventually filters down to the pitch from what's going on up top in football," Shearer told Betfair.
"Everything feeds down from the bosses and that's what's happened to Chelsea. The players are on an absolute fortune, and you can tell they do not agree with what is happening at the club, albeit they are a huge part of it. They were alright taking the seven-year contracts.
"The players have been nowhere near good enough. I watched them against Brighton, and they were an absolute shambles. The manager was searching to do something different with a new system at half-time, but they were equally as poor, if not worse, in the second half. That tells you what players think of the current setup.
"It is laughable how much money Chelsea have spent and still don’t have top quality players.
"It all depends for Chelsea going forward towards the end of the season on what their belief is like. Are they prepared to change? Clearly, this model is not working, and they have to understand that."