Chelsea Thread - 2023/24

[hammocity]

It’s been mentioned a couple of times but we’ve sold almost £300 million worth of players this summer. FFP is not a problem at all.

Na, even without bonus payments and Agents fees you’ve spent net 500m Euro’s in the past 12 months. That’s not including Sanchez or the 100m you will buy Caceido for. I think @projectriver had already done the research and you’re breaking FFP rules. Will be so funny to see how you are dealt with.

 

[halfcenturyup]

It’s been mentioned a couple of times but we’ve sold almost £300 million worth of players this summer. FFP is not a problem at all.

Just out of interest, do you know the amortised value of the players sold because what affects FFP isn't the cash you receive, but the profit or loss you make and the wages that come off the books, not the cash received ....

 

[JASR]

Big City brain has Chelsea’s numbers:

 

[slbsn]

Na, even without bonus payments and Agents fees you’ve spent net 500m Euro’s in the past 12 months. That’s not including Sanchez or the 100m you will buy Caceido for. I think @projectriver had already done the research and you’re breaking FFP rules. Will be so funny to see how you are dealt with.

In fact, it’s a huge problem both for the PL and the more stringent UEFA tests. Conservatively, on my numbers (based on Swiss Ramble’s numbers), Chelsea needed to do something like £125m-130 profit from trading. They were up around £40m before June. They sold Havertz and Kovacic at profit before 30 June (something like £45m profit). Mendy and Koulably together were profit neutral. Seem well short of break even on the P&S test. But regardless 2023/24 is a massive loss making year (no shirt or sleeve sponsor and no Europe) so I think they need in excess of £250m player trading profit in 2023/24 to balance the 3 year loss. RBC and Mount together were £70m of this and they do have some more youth to sell but they can’t get to £250-300m. So even if they somehow pass 2022/23 they will fail 23/24. Gross player sales is not relevant - you can sell £300m and lose money for FFP tests. Chelsea fans can keep saying it’s fine but I promise it’s not and I think it’s more likely they are budgeting to fail and to pay the fine.

 

[waspish]

In fact, it’s a huge problem both for the PL and the more stringent UEFA tests. Conservatively, on my numbers (based on Swiss Ramble’s numbers), Chelsea needed to do something like £125m-130 profit from trading. They were up around £40m before June. They sold Havertz and Kovacic at profit before 30 June (something like £45m profit). Mendy and Koulably together were profit neutral. Seem well short of break even on the P&S test. But regardless 2023/24 is a massive loss making year (no shirt or sleeve sponsor and no Europe) so I think they need in excess of £250m player trading profit in 2023/24 to balance the 3 year loss. RBC and Mount together were £70m of this and they do have some more youth to sell but they can’t get to £250-300m. So even if they somehow pass 2022/23 they will fail 23/24. Gross player sales is not relevant - you can sell £300m and lose money for FFP tests. Chelsea fans can keep saying it’s fine but I promise it’s not and I think it’s more likely they are budgeting to fail and to pay the fine.

Maybe Gill will change ffp for the 4th time and put in a "new owner" spend what you want for 3 years rule!

We know the rags will have new owners soon so Gill always changes ffp to suit his team...

 

[HelloCity]

In fact, it’s a huge problem both for the PL and the more stringent UEFA tests. Conservatively, on my numbers (based on Swiss Ramble’s numbers), Chelsea needed to do something like £125m-130 profit from trading. They were up around £40m before June. They sold Havertz and Kovacic at profit before 30 June (something like £45m profit). Mendy and Koulably together were profit neutral. Seem well short of break even on the P&S test. But regardless 2023/24 is a massive loss making year (no shirt or sleeve sponsor and no Europe) so I think they need in excess of £250m player trading profit in 2023/24 to balance the 3 year loss. RBC and Mount together were £70m of this and they do have some more youth to sell but they can’t get to £250-300m. So even if they somehow pass 2022/23 they will fail 23/24. Gross player sales is not relevant - you can sell £300m and lose money for FFP tests. Chelsea fans can keep saying it’s fine but I promise it’s not and I think it’s more likely they are budgeting to fail and to pay the fine.

People were talking about a points deduction for Everton overspending.

Also, with these fines from UEFA for the likes of Utd and Chelsea, does this mean the PL rules may also have been breached?

 

[slbsn]

People were talking about a points deduction for Everton overspending.

Also, with these fines from UEFA for the likes of Utd and Chelsea, does this mean the PL rules may also have been breached?

I think points deductions for P&S/FFP breaches are unlikely.

 

[slbsn]

Here are my numbers if anyone cares. The required profit on player sales on these numbers are c.£133m and £312m for 22/23 (just ended) and 23/24 (current FY) respectively. Numbers can swing £25m on both revenues and costs probably but that could easily be a negative swing.

 

[mancboy]

Game4ukraine at stamford bridge, rumour that boehly to spend another 100m at half time

 

[deano ou812]

It’s ok move along please nothing to see here regards chelsea possibly breaking FFP rules,but of course it’s all City’s fault ..