Chelsea Thread - 2021/22
- Thread starter MAG
- Start date
- Status
I think it's a bit more complicated than that as he can't forgive the debt without the club getting fucked either.
Clubs question if Abramovich can write off debt without breaking rules
Some Premier League clubs want the issue investigated, which could ultimately lead to a points deduction or the debt having to be repaid, complicating an already-complex transaction.
I think Chelsea journalists are suggesting the £1.5Bn debt gets paid back to an Abramovich corporation which would then have its assets seized, so he'd not get any money but Chelsea also didn't have their debt forgiven.
Last edited:
feedmpenzaandhewillscore
Well-Known Member
Really bad he’s trying to get some money out of it and basically killing any potential deal. Not exactly safeguarding the future of the club.
From the Telegraph
Not sure where this ends. At the moment they are not a 'going concern' as an accountant would put it.
Don't see the government blinking on this. Nor do I see the Treasury somehow taking control of a football club with taxpayers money at risk. Nor do I see Abramovich/Putin backing down on this.
Not sure where this ends. At the moment they are not a 'going concern' as an accountant would put it.
Last edited:
SWP's back
Well-Known Member
- Joined
- 29 Jun 2009
- Messages
- 90,662
Bollocks. Chelsea have overspent for nearly two decades and managed to pile up £1.5bn of debt. How is it right that the club can miraculously walk away from the debt without issue?
Anyway, seems this new obstacle is rather huge and untimely for the chavs.
LongsightM13
Well-Known Member
That fake loan should fail them FFP and relegate the cunts to league 2. Amazed nobody has even considered the ffp implications
LongsightM13
Well-Known Member
Fucking hell. Client journalism, bought and paid for, laid bare
halfcenturyup
Well-Known Member
- Joined
- 12 Oct 2009
- Messages
- 15,073
I think it's a bit more complicated than that as he can't forgive the debt without the club getting fucked either.
Clubs question if Abramovich can write off debt without breaking rules
Some Premier League clubs want the issue investigated, which could ultimately lead to a points deduction or the debt having to be repaid, complicating an already-complex transaction.www.dailymail.co.uk
I think Chelsea journalists are suggesting the £1.5Bn debt gets paid back to an Abramovich corporation which would then have its assets seized, so he'd not get any money but Chelsea also didn't have their debt forgiven.
I don't understand why long-term debt from the owner with no repayment date wasn't treated as an equity injection in the first place for these sustainability rules.
Seems like quite a loophole in the rules, imo. Actually, no. Not a loophole. Just a stupid mistake. QPR were fucked by it, apparently, and now Chelsea may be.
That was Sky
richards30
Well-Known Member
- Joined
- 20 May 2009
- Messages
- 32,387
really does look like they go bang imo.
At least they have all signed up to the no super league rules. With the gov involved in the reforms promised, the yanks will find it difficult to manipulate the rules.
There is no power to seize assets. Under current legislation, they can be frozen, not seized.I think it's a bit more complicated than that as he can't forgive the debt without the club getting fucked either.
Clubs question if Abramovich can write off debt without breaking rules
Some Premier League clubs want the issue investigated, which could ultimately lead to a points deduction or the debt having to be repaid, complicating an already-complex transaction.
I think Chelsea journalists are suggesting the £1.5Bn debt gets paid back to an Abramovich corporation which would then have its assets seized, so he'd not get any money but Chelsea also didn't have their debt forgiven.
They both need to finish 4th and 5th as can see Gill trying to get Rags into CL if they finish 5th and Chelsea kicked out
M
M
mat
Guest
Roman is a Ruthless **** so it wouldn't surprise me if he does let them go to the wall if he doesn't get his cash back.
D
D
Deleted member 87819
Guest
Tevez City
Well-Known Member
- Joined
- 9 May 2010
- Messages
- 15,250
Is he Roman friend that will give him the club back whenever this war end ?
- Status