Alan Harper's Tash
Well-Known Member
- Joined
- 12 Dec 2010
- Messages
- 61,144
It’s the money put in to purchase the players that went straight into the loan though.FFP has nothing to do with debt.
Can that just be written off?
It’s the money put in to purchase the players that went straight into the loan though.FFP has nothing to do with debt.
He’s selling as the wheeze of having the charity run it won’t work practically or legallyWhy is he selling after only this week deciding to take a back seat? What’s changed?
Some might argue that he was going to be asset stripped and he is selling before the club is taken off him but in his statement he has forgone the loan and will give the sale revenue to charity. Quick sale is not an option.
Something doesn’t add up. Putin calling in the people he made rich? Patriotic move or something sinister?
No doubt the charity is registered in the Cayman Islands. Gets it out of his name and into a tax haven at the same time.He’s selling as the wheeze of having the charity run it won’t work practically or legally
His assets in the uk should be frozenAnyone buying Chelsea should wait a few weeks.
See how desperate he actually is to sell.
I'm I missing something here ?
He said he doesn't want the 1.5 bil in loans back and any net funds go to the conflict
He bought Chelsea for 140mil and if he gets around 3 bil is he seriously giving up 2.8 billion ?
FFP has nothing to do with debt.
I suspect Chelsea will remain 'for sale', but never actually sold until the current situation blows over. The charity thing and donations to war victims are just enough to stop Chelsea and maybe his other assets being frozen.I'm I missing something here ?
He said he doesn't want the 1.5 bil in loans back and any net funds go to the conflict
He bought Chelsea for 140mil and if he gets around 3 bil is he seriously giving up 2.8 billion ?
Surely that debt he’s writing off will still be on books and become payable to the FA as a football debt. No fucking way can it be that easy to circumvent FFP surely? Uefa can’t be that shit incompetent or corrupt can they?RA writing off a £1.5b debt owed to him by Chelsea. Club should be screwed with the debt & not saved by it's current owner. How does this sit with FFP?