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Roman Abramovich hands over ‘stewardship and care’ of Chelsea football club

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EverTheOptimist said:
How are they the best run club in Europe????

They were a rich man's toy who kept giving them loans to fund splurges, cover losses and from recent reports from turnover results in December the club had no operating money last season to pay a upcoming few months wages during the Pandemic that again Abramovich had wire them a loan to pay their players.

A club from reports last night owe him £2 billion, if the Russian left at 12pm today, Chelsea would be scrambling phoning clubs and agents that players are for a firesale when season ends it would be the biggest firesale ever seen, stadium would be on the market, even the state of art training ground as well to pay a chunk of that loan back.

That's the thing with these rich man plaything clubs, if they up shot and left leaving a IOU for money loaned or took their commercial deals with them leaving the clubs with half a turnover evaporated, Chelsea, PSG, NUFC and Man City, you'd see the quickest scramble to sell players and get those massive wages off the wage bill ASAP. None of those Four clubs is self reliant.

Abramovich couldn't even fund a stadium because how much money they owed him, they are a absolute black hole losing money club and he knew that, so put the stadium expansion on "hold".

The Academy system they use, again funded by wired loans by Abramovich, that won't be as efficient post Roman, having the biggest academy wage bill in world football will be gone.

Far from one of the best run clubs in Europe, Chelsea might be post Abramovich though , 3 hedge fund yanks are partnering with this Swiss guy it seems, they'll be spending what they earn if that is the case.
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Haters will always hate.
 
duncs pigeon said:
Haters will always hate.
Click to expand...
Not sure where the hate is in my post, what I wrote is true, Oligarch owned clubs and petro dollar ones are not self reliant, it's just pumping money in by wire transfers to cover losses and make up matchday revenue from unsold tickets or manipulating commercial deals that are worth over HALF the turnover.

If the owners go then those clubs are in a huge financial hole when they have no sugar daddy bailing them out every to prop up massive wages , cover losses, and transfer splurges that are funded by wire transfers and owner companies sponsoring their clubs.
 
EverTheOptimist said:
How are they the best run club in Europe????

They were a rich man's toy who kept giving them loans to fund splurges, cover losses and from recent reports from turnover results in December the club had no operating money last season to pay a upcoming few months wages during the Pandemic that again Abramovich had wire them a loan to pay their players.

A club from reports last night owe him £2 billion, if the Russian left at 12pm today, Chelsea would be scrambling phoning clubs and agents that players are for a firesale when season ends it would be the biggest firesale ever seen, stadium would be on the market, even the state of art training ground as well to pay a chunk of that loan back.

That's the thing with these rich man plaything clubs, if they up shot and left leaving a IOU for money loaned or took their commercial deals with them leaving the clubs with half a turnover evaporated, Chelsea, PSG, NUFC and Man City, you'd see the quickest scramble to sell players and get those massive wages off the wage bill ASAP. None of those Four clubs is self reliant.

Abramovich couldn't even fund a stadium because how much money they owed him, they are a absolute black hole losing money club and he knew that, so put the stadium expansion on "hold".

The Academy system they use, again funded by wired loans by Abramovich, that won't be as efficient post Roman, having the biggest academy wage bill in world football will be gone.

Far from one of the best run clubs in Europe, Chelsea might be post Abramovich though , 3 hedge fund yanks are partnering with this Swiss guy it seems, they'll be spending what they earn if that is the case.
Click to expand...

Is this your life, making sure you know about the inner financial workings of all clubs?

Is it your job or just your hobby, if it is the latter, then, oh deary me!!!
 
wandyr79 said:
Is this your life, making sure you know about the inner financial workings of all clubs?

Is it your job or just your hobby, if it is the latter, then, oh deary me!!!
Click to expand...
Common knowledge Chelsea always were cap in hand to Abramovich, 19 years later they owe him £2 billion.

Common knowledge that PSG and Man City have commercial deals from their owners that make up HALF their turnover.

Chelsea will be run far different if these Yank hedge funders are involved with the Swiss guy.

Chelsea will be such a different club that they will doing the spending what they earn model, that leaves a club never spending beyond their means.

Should be interesting to see Chelsea this way, I'm quite looking forward to watching how they adapt to it.
 
EverTheOptimist said:
Not sure where the hate is in my post, what I wrote is true, Oligarch owned clubs and petro dollar ones are not self reliant, it's just pumping money in by wire transfers to cover losses and make up matchday revenue from unsold tickets or manipulating commercial deals that are worth over HALF the turnover.

If the owners go then those clubs are in a huge financial hole when they have no sugar daddy bailing them out every to prop up massive wages , cover losses, and transfer splurges that are funded by wire transfers and owner companies sponsoring their clubs.
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Lad, you hate nearly every football club apart from your beloved rs. You lead a very sad life.
 

EverTheOptimist said:
Common knowledge Chelsea always were cap in hand to Abramovich, 19 years later they owe him £2 billion.

Common knowledge that PSG and Man City have commercial deals from their owners that make up HALF their turnover.

Chelsea will be run far different if these Yank hedge funders are involved with the Swiss guy.

Chelsea will be such a different club that they will doing the spending what they earn model, that leaves a club never spending beyond their means.

Should be interesting to see Chelsea this way, I'm quite looking forward to watching how they adapt to it.
Click to expand...

It is common knowledge about the possible ways and general ways clubs are run but you go into far more specifics than the average person with a view to the 'common knowledge'.

For example, I am a football fan. I don't even know the specifics of Everton's finances or even general stuff and I am a fan of that club. You know the amounts of certain deals, who the subsidiaries are of those companies and who and how the deal came about. That is just a bit too full on, especially if it is your free time you are using to look up all of this stuff, in my humble opinion.
 
EverTheOptimist said:
Common knowledge Chelsea always were cap in hand to Abramovich, 19 years later they owe him £2 billion.

Common knowledge that PSG and Man City have commercial deals from their owners that make up HALF their turnover.

Chelsea will be run far different if these Yank hedge funders are involved with the Swiss guy.

Chelsea will be such a different club that they will doing the spending what they earn model, that leaves a club never spending beyond their means.

Should be interesting to see Chelsea this way, I'm quite looking forward to watching how they adapt to it.
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Have you been reading a bit too much Twitter again matey?
 
wandyr79 said:
It is common knowledge about the possible ways and general ways clubs are run but you go into far more specifics than the average person with a view to the 'common knowledge'.

For example, I am a football fan. I don't even know the specifics of Everton's finances or even general stuff and I am a fan of that club. You know the amounts of certain deals, who the subsidiaries are of those companies and who and how the deal came about. That is just a bit too full on, especially if it is your free time you are using to look up all of this stuff, in my humble opinion.
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Google, Swiss Ramble on Twitter who's the best at breaking down football finances and newspaper articles.

A five year old would know that PSG, City and Chelsea rely on external income for those super expensive squads, which is a income other clubs dont have.

They have their own extra revenue stream " owner handouts" revenue.

Should be fun to see Chelsea being self reliant and back to the Chelsea I remember so fondly.
 
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Chelsea up for sale for 3 billion so all we need to do is find a horse that's 3 billion to 1 and then you can buy chelsea
 

EverTheOptimist said:
Google, Swiss Ramble on Twitter who's the best at breaking down football finances and newspaper articles.

A five year old would know that PSG, City and Chelsea rely on external income for those super expensive squads, which is a income other clubs dont have.

They have their own extra revenue stream " owner handouts" revenue.

Should be fun to see Chelsea being self reliant and back to the Chelsea I remember so fondly.
Click to expand...

Nah, football finances don't interest me, just like all other businesses finances don't interest me. If you have an interest in them and enjoy looking them up then fair play but just not for me and I do struggle to see the fun in it at all. Much prefer to be a football fan and get angry with what is happening on the pitch than who is sponsoring who and how much they are paying, especially with teams I have no interest in at all.
 
EverTheOptimist said:
Common knowledge Chelsea always were cap in hand to Abramovich, 19 years later they owe him £2 billion.

Common knowledge that PSG and Man City have commercial deals from their owners that make up HALF their turnover.

Chelsea will be run far different if these Yank hedge funders are involved with the Swiss guy.

Chelsea will be such a different club that they will doing the spending what they earn model, that leaves a club never spending beyond their means.

Should be interesting to see Chelsea this way, I'm quite looking forward to watching how they adapt to it.
Click to expand...
Man city do not have commercial deals that is over half their turnover, that is demonstrably untrue and only believed by idiots.
 

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