The only issue here is that I assume his next team (assuming he‘s not good enough for Chelsea) will prefer a 5 year contract and 100k over that term is “only” 26M. The player would be taking a paycut in guaranteed dollars if he moves in the first 3.5 years.
Clarkie?
We’ve had this before but why were they allowed to write off a 1.6b loan when we had to go to CAS to reverse a ban on over inflated sponsorship for a fraction of that money? Could have just stuck a billion quid in and called it a loan. The 3.5b fee for Chelsea is still in a bank account and none of it has been distributed just yet.
Their wage bill will be enormous with 29 senior players now registered plus their under 21’s, must be coming in around 300m per year. Their amortisation as at today will be around 80m per year not taking into account Lukaku who would add another 20m, interest on their 800m loan will be north of 70m so total of around 470m minimum which is more turnover than the last audited accounts. However, their Finance team will know what they’re doing but it only takes a couple of years out of the CL and they could implode. Their ability to make future signings will be impeded by the lengthy contracts they’re giving out, the amortisation could crush them.
We’ve had this before but why were they allowed to write off a 1.6b loan when we had to go to CAS to reverse a ban on over inflated sponsorship for a fraction of that money? Could have just stuck a billion quid in and called it a loan. The 3.5b fee for Chelsea is still in a bank account and none of it has been distributed just yet.
This article asks the pertinent questions about Dodgy Chav FC
How have Chelsea got away with this one? The biggest get out of jail card in footballing history
The biggest get out of jail card in footballing history - How have Chelsea got away with this one?www.themag.co.uk
It’s not gone to the Ukraine, it’s frozen in a UK bank account. Abramovich was putting in 900,000 per week, it doesn’t matter if it was spent on operating expenses, wages or transfers, it was effectively a 45m per season donation that wasn’t earned which FFP was supposed to prevent happening. The only losses allowed were on Stadium development and youth infrastructure, everything else is impacted by FFP.
