CAS judgement: UEFA ban overturned, City exonerated (report out p603)

[Postman Pep]

Fuck me that's a shit ton of 'organic' debt.

 

[Mazzarelli's Swiss Cheese]

That is why they need the Super League.

 

[BrianW]

It does make the Rags' debt look surprisingly modest in context.

 

[Newman Noggs]

It does make the Rags' debt look surprisingly modest in context.

That's the part we can see. Who knows what skeletons there are in the Caymans closet.

 

[bobmcfc]

Oh but I thought they earned that money

Massive global fan bases, sold out stadiums, yet mortgaged up to their fucking eyeballs.

Every penny spent is loaned and every penny earned used to pay back the interest

 

[bluemonkey71]

The Italians are in the muck.

 

[117 M34]

4 clubs in Europe with zero debt, list includes us, Chelsea and psg

Chelsea were 1.5 billion in debt last week

 

[remember arthur mann]

Yeah but, where are we ?

 

[Champions again in 2012]

Chelsea were 1.5 billion in debt last week

Not anymore according to the Deloitte report published above, although the new American owner will probably correct that soon - Leicester City the 4th club with zero debt

 

[bobmcfc]

Not anymore according to the Deloitte report published above, although the new American owner will probably correct that soon - Leicester City the 4th club with zero debt

Wonder how that sits with FFP regs

 

[Champions again in 2012]

Wonder how that sits with FFP regs

I'll leave that for the experts, of which I’m certainly not one

 

[bobmcfc]

I'll leave that for the experts, of which I’m certainly not one

I'm sure fuck all will be said about it media wise

 

[Prestwich_Blue]

Not anymore according to the Deloitte report published above, although the new American owner will probably correct that soon - Leicester City the 4th club with zero debt

Technically, Chelsea aren't (or weren't) in debt. But their holding company owed £1.5bn to Roman. That would certainly have been the case when these figures were compiled.

 

[LongsightM13]

Fuck me that's a shit ton of 'organic' debt.

“Earning our own money and doing it the right way”

 

[Bald fraud]

Brown owners aren’t wanted

United. Liverpool. Arsenal and Chelsea now all owned by yanks. Expect more dodgy shenanigans until they get their old sky four back where they want them

 

[Postman Pep]

“Earning our own money and doing it the right way”

'Sustainable debt' means the same as 'living within your means'.

 

[ArniArason]

Shouldn't Newcastle be debt free? Or is the deal structured with debt? Seems odd given the money at their disposal

 

[Gorton_Tubster]

 

[Paladin]

This means more debt.

 

[Elbow beards]

But we're the bad guys, wahh haaa haa. Fuck me.