Chelsea thread 2012/2013 season

[hertsblue]

Did turning 166 million of Debt into equity help achieve this?

 

[Latics Fan SJK]

Chelsea expected to turn in a profit earlier but realized they had to spend to keep up and did so, which is probably the best move they have made since hiring Mourinho as players like Hazard and Oscar have transformed them.

Be interesting to see if they announce a profit next season, Champions League revenue vs. a lot spent on players.

A lot has been spent but a lot has also been liberated in wages. Hazard, Oscar and Mata are not earning anywhere near what players like Drogba, Ballack, Carvalho, Anelka and other old names were earning. Torres, Terry, Lampard and Cole are really the only bloated wage packets we have left - which makes an enormous difference.

Torres will not remain on those wages or at the club at all for very long and the others are reaching retirement age. Despite what the media would have you believe, CFC has been pretty well run from an administrative and business standpoint and we're stabilising financially. Perhaps next year we'll make a loss again, but we're clearly moving in a very healthy direction and at a considerable speed. Roman has also wiped off a massive chunk of "debt" in equity which has freed us from considerable financial burden.

You really believe Hazard is earning considerably more than Oscar & Mata.

I thought he was near your top earners?

 

[bleed.blue]

Did turning 166 million of Debt into equity help achieve this?

No. It was earlier zero interest debt which implies no interest costs and now this has been converted into equity.

They have increased their revenue by around 15%.
Sales of Zhirkov, Alex, Matic, Mancienne etc must have helped with that 28.8 mn trading profit.

Next year, they will have to include Hazard + Oscar + Moses + marin + Azpic ammortisation (around 15mn/year) and salaries. Departure of Drogba, Kalou, Bosingwa, Meireles will probably cover the salary increase though.

 

[adrianr]

What were last years results for comparison? How big a leap have they made?

 

[terraloon]

Last years loss of £68 million on the face of it suggested all was not well but included in that loss was a lot of "one offs" such as compensation to a previous management team, compensation to Porto re AVB and a settlement to HMRC in respect of image rights.
Exclude these and the loss wasnt quite as bad as the figures would suggest in terms of future years trading.Also the clubs board were quite smart in how they shaped AVBs contract so his compensation wasnt anywhere near as much as previous sacked managers.
In June 2012 Drogba, Kalou and Boswinga left their wages were said to be in total around £300k a week.
It is said that Mata is on £55k Oscar about the same and Hazard about £100k a week.
Moulda is said to earn £80k a week & Lampard about £130k a week both will possibly leave in January 2013 and possibly Terry and Cole (both being on over £120k a week) are nearing the end of their contracts and dont be suprised to see then leave as well either in January or August 2013
Also Chelsea have about 20 players out on loan included in these are Essien and Beyauon again both said to be earning toward £100k a week.
Included in these 20 odd players are several youngsters already full internationals who will be the natural replacements to players leaving. Players like Courtouis, De Byrne and Lukaka are very young but gaining first team experience in good quality teams in good quality leagues.

Put all that together with our bonus scheme is no where near as generous as was in place and I would expect that you will see our wage bill continue to go down and yes there will be some big name signings but no where near the number of the past and on no where near the levels of the two/three years ago.

It is doubtful that we will go as far in the CL so prize money will drop but the huge rise in TV revenues that will kick in next season and some huge new commercial deals already signed by us suggest to me that FFP shouldnt present us with too much of a problem

 

[bleed.blue]

Last year's loss was 67 million. 42 million was for the exceptionals mentioned above. If you remove that, 25 million loss is left.
THis year they had higher profit from sales (29mn vs 18 mn)
Higher revenues (255mn vs 223 mn)

So their costs must have increased by about 18mn to give a profit figure of 1.4 million.

 

[Hamann Pineapple]

[youtube]http://www.youtube.com/watch?feature=player_embedded&v=789j0vRLKWc#![/youtube]

Why won't this embed ???

 

[MSP]

I'm fairly sure Hazard is around 130-150k/week

 

[waspish]

I'm fairly sure Hazard is around 130-150k/week

We wouldn't pay 130k a week so your probably right

 

[Castiel]

Josh McEachran on loan at Middlesbrough makes a Messiesque run:

If only that run had finished with a goal.