the American buy out, dodgy in the extreme.What Chelsea deal ?
the American buy out, dodgy in the extreme.What Chelsea deal ?
the American buy out, dodgy in the extreme.
At least the Rags pay the interest on their debts out of their earnings, all Ambramovich did was top up his loan year on year without interest, an interest rate akin to a Commercial rate should have been applied to that debt for the purposes of FFP.Seems only clubs with massive debts get away with FFP
It is allowed, and we have done similar we turned the debt into equity periodically as we incurred it.I still don’t get how Chelsea got away with that, FFP meant you can only spend what you earn, 1.5b in loans that was actually debt is surely not allowed, it’s baffling. We were investigated over related sponsorship, why didn’t we just put a couple of billion in as loans and save all the hassle we went through?
Good point and only a question of timeSuper league
Seems more ego driven than data driven.Thats the feeling I get. They/their owner, have looked at City and want to outdo us. I do hope we're spinning them like we did utd.
How would that work with no time to replace him
Or could it be our American investor wanting to see some return?
Another possibility is the seemingly imamate recession, could the transfer market crash in the next 6 months?
This...
Chelsea are now owned by a private equity fund not a single owner/benefactor.
Am I right in thinking they dismantled their football technical/scouting organisation during the transition?
On the face of it it looks a bit like - "City are after that player so they must have done the homework and he must be good, lets get that player".
To be fair its probably what you would do until you've sorted out the technical staff again.
It a dangerous game though, Utd have done it for a few years and ended up with some right dross such as Sanchez, Maguire etc...
But Chelsea were still doing it after FFP, it was unsustainable as the debt increased every year. Anyway, the new rules won’t allow Chelsea to use that Business model anymore, I think players will be signing on longer contracts to amortise the fees to keep within the spending and wages rules.It is allowed, and we have done similar we turned the debt into equity periodically as we incurred it.
FFP only relates to money in and money out.
Lots of chelsea debt predated FFP too.
ExactlyWhy though, what's the point?
It would piss me off as the seller and in a negotiation is that not the last thing you want to do?
So were we. Its not relevant to FFP.But Chelsea were still doing it after FFP, it was unsustainable as the debt increased every year. Anyway, the new rules won’t allow Chelsea to use that Business model anymore, I think players will be signing on longer contracts to amortise the fees to keep within the spending and wages rules.
All over the world, reality is going to bite in the next 12 months.
That article pre dates FFPSo were we. Its not relevant to FFP.
That's rich! Manchester City owner Mansour writes off club's £305m debts
Manchester City owner Sheik Mansour has sensationally wiped out the club's £305million debts. The mega-rich Abu Dhabi businessman has transformed the club's huge debt into equity.www.dailymail.co.uk
So Cucurella is Chelsea's Aké/Koundé alternative?They thought they were getting kounde.
Didn't Danilio going the other way make it about £27 million or am I remembering wrong?That “£60m fee” for Cancelo is a bit disingenuous.
So Cucurella is Chelsea's Aké/Koundé alternative?I think the likelihood is they walked away from the Ake deal because they got advised Kounde was coming onto the market and considered he had a higher ceiling than Ake so targetted him instead.
When we signed Mendy he was regarded as one of the best young defenders in Europe and had just won the French League and reached the CL semi-final with a star-studded Monaco team. Before then he had been successful at Marseille. We know it all ended in tears but when we signed Mendy he was rated much higher than Cucurella is now. I think City did the right thing walking away.Regardless, they’d have had a better argument if they compared Cucurella to Mendy.
We bought Danilo for £26.5m on a 5 year deal. He’d be worth £21m on our books when we sold him.
Anything else is accountancy balance. He’s down as a €37m part exchange on Wikipedia, which seems €10-15m too high.