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1.
A Liverpool Football Club supporter's term for a fan of Chelsea Football Club.

Mainly arising from the juxtaposition between the long tradition of banner creation by Liverpool fans, and Chelsea F.C putting flags out on seats before the match for fans to wave.

Sub text is also to do with Chelsea "buying" their success and having "no history".
You're a bad plazzy flag waver you.
by BertyJobbo April 20, 2012