Chelsea Thread - 2023/24

[halfcenturyup]

I think the plan, if we can call it that, is to intentionally fail FFP by as much as they can, take the fine/temporary transfer ban/temporary ban from European competition/whatever it is, and then just carry on afterwards with all their young talent. They needed to spend big to try to catch up in the long run, so they have made a decision to just get as many young talents as they can and just take the pinch on FFP. Basically, failing FFP is not a big enough deterrent for them. They see the upside in just getting the players in on long deals and taking the fine.

I would love to see the financial analysis behind all this spending and complying with FFP. I just don't see it.

 

[Tricky_Trev]

I would love to see the financial analysis behind all this spending and complying with FFP. I just don't see it.

I think you’re missing the point - they are not trying to comply with FFP in the short run. They’re just focusing on getting the young talent in. Then they’ll take their fine, their year ban from Europe, and just carry on afterwards. They’ve weighed it up and decided the price to pay is worth it for getting the young talent they want which will make them sustainable in the long run.

 

[malg]

What a refreshing perspective.

I too think it's going to be fascinating to see how things play out for us.

It is of course very tempting to dismiss what's happening at Chelsea atm as madness, but self-made billionaires are usually reasonably smart, and usually not avverse to a little risk.

Which is not to say I'm confident Boehly has got it right. I'm just acknowledging that we have a bit of a maverick at the helm, so we might as well strap in and enjoy the ride.

I guess it must feel pretty crazy for most City fans when compared to how City's owner rolls.

However, if you consider the source of each owner's wealth I think the contrast of how each works makes a little more sense.

I love what you're doing. If it pisses off the Red clubs it's all fair by me. Crack on. The fact that the BBC have run with Caicedo 'snubbing' Liverpool is great.

 

[halfcenturyup]

I think you’re missing the point - they are not trying to comply with FFP in the short run. They’re just focusing on getting the young talent in. Then they’ll take their fine, their year ban from Europe, and just carry on afterwards. They’ve weighed it up and decided the price to pay is worth it for getting the young talent they want which will make them sustainable in the long run.

Yes, I understand that, but what they are doing affects multiple years' accounts and multiple years' qualifying periods where they won't have any CL income, not just the first year they qualify for the CL.

Anyway, it's a complicated exercise. I wish them luck :)

 

[JTFactsPlz]

Thing is Boehly is use to working in the free market where he can do as he sees fit for his business. Nothing wrong it that at all.
Now he is working in a market place that doesnt allow free trade, it puts in FFP to stop free trade. It's a market place that trys to protect the cartel.
Personally I dont care how much Chelsea spend.
Personally I think FFP was taken to court it would be deem illegal in the free market.

So yes he is self made billionaire but so is Trump !

Off topic, but Trump isn't a self-made billionaire. He inherited his wealth originally from his father and would actually be richer now if he'd just invested it in the stock market rather than lost billions in his ego-driven property deals. He's actually probably bankrupt now. Unfortunately the myth of him being "self-made" has caused a type of cult to grow up around him in the USA. He's a truly terrible person and his oniy real talent is self-promotion to the gullible.

 

[mancboy]

im sort of all for it because when it comes to it, he might just go to war with the pl and uefa and show that ffp is anti-competitive and bring the whole thing crashing down on the cartels corrupt heads

 

[feedmpenzaandhewillscore]

Off topic, but Trump isn't a self-made billionaire. He inherited his wealth originally from his father and would actually be richer now if he'd just invested it in the stock market rather than lost billions in his ego-driven property deals. He's actually probably bankrupt now. Unfortunately the myth of him being "self-made" has caused a type of cult to grow up around him in the USA. He's a truly terrible person and his oniy real talent is self-promotion to the gullible.

Isn’t Trump worth less now than what he inherited? Hardly Jeff Bezos is he.

 

[ASHCFC]

Isn’t Trump worth less now than what he inherited? Hardly Jeff Bezos is he.

My understanding of Trump is he's a spoilt, draft-dodging elitist who comes from a long line of spoilt, draft-dodging elitists.

Apologies for the off topic comment.

 

[warringtonblue]

im sort of all for it because when it comes to it, he might just go to war with the pl and uefa and show that ffp is anti-competitive and bring the whole thing crashing down on the cartels corrupt heads

The only issue there is that the cartel have bought themselves time through FFP to prepare themselves for when that may happen, especially if they get bought out with new owners

 

[mexico1970]

My understanding of Trump is he's a spoilt, draft-dodging elitist who comes from a long line of spoilt, draft-dodging elitists.

Apologies for the off topic comment.

Ash, stop mithering and just make sure you lot put those dippers to the sword today, don't be wasting your energy on other shit it isn't important mate ;)