halfcenturyup
Well-Known Member
- Joined
- 12 Oct 2009
- Messages
- 15,073
i think that what seems wrong in all this on the surface ,is that Chelsea have had the use of a 1.5 billion "loan" for x amount of years and that money is now deemed as written off, no paying back just a sum of cash they owed an owner/company that seems to be doing its best to be forgotten about in the rush to get a new owner. Now i am sure more high finance guys than myself will be able to explain the ins and outs of this 1.5 billion and how it will be accounted for or not , but it just seems to the laymen out here that Chelski have been given a hell of a lot of money as a loan and now dont have to pay it back.
It may seem that way, but it isn't the case. Well actually, it is. But not in the way you mean. Hope that clears it up.