It's weird. The under the table payments to Christensen's family, Hazard and his agent, Willian and Eto'o have been known since 2018.
I'd contend nobody who came up with 8 year amortisation and spend more than double their annual turnover knew exactly what they were doing.
Yeah I don't think the current owners have meant to do all this to break or circumvent any rules, they're just idiots and the club could plausibly fall foul of spending rules.
Yes, they took a massive gamble. I don’t think they set out to cheat everyone. The rules and loopholes were always there. No one did it before Chelsea because it was too risky as a strategy as we are now seeing
hmmm I really think they didn't care about the rules and thought a small fine would be all that would come. most of the profligate stuff seems to be a gamble of we will breach but it'll just be a fine and we gain massively so why not. so imo (just mine) they cheated thinking it'd be no problem
If Clearlake intended on cheating they wouldn't be so hellbent in selling our Cobham grads to generate as much profit as they can to balance the books. Hall, Maatsen, Chalobah, Gallagher, and Broja will likely be sold this summer. We already have £35m for Hall. Another £4m from Fulham for failing to play Broja also.
Chelsea could face a crippling financial position: New analysis shows without major sales, PSR penalties loom Good article.
£100 million the magic number again. Profit too. Cobham Cobham Cobahm I can see why ownership are confident in meeting that. Already have £40m from Hall and Broja so far, and they haven't even sold Broja yet. I expect this summer to be very quiet in comparison to the past 2 from the club regarding incomings. The likes Davies, Williams, Gyökeres, Osimhen, Toney, etc, etc, I don't see being possible in our current state. Antonee Robinson, Jean-Clair Todibo and Benjamin Šeško I can see being the names we go for this summer.
I was going to make a point about the Euros potentially causing some grief for you but outside of Conor Gallagher, I don't see any of your other expendable assets going to the Euros. I read a report that a lot of international managers will not permit transfer business to be conducted while the Euros is taking place. So you have a situation where Chelsea (and others in the league) may have to get some sales done before the start of the Euros (if any of the players are at the Euros). We could have another proxy deadline date in place on top of the June 30th date. Truth be told, I can't see you having much luck with Robinson. Fulham are well within their rights to point to the Cucurella purchase and demand the same fee. This is lazy but I'd have Todibo going to United as well due to the Ratcliffe link.
the probelm cheslea have is they have baked in massive amoritsation of player buys that have not set the world alight so they have to hold those players and then sell when they can. they are right now selling the fringes and clearing out players they don't seem that intereste din. You know the ones that would actually have pride in the short and work hard etc. Its a consistent level of loss and a consistent lvel of amortisation bake din over either 8 years or from last summer 5 years so that is there no matter what they do. selling "youth" or players who they have little maortisation left on get the easy pay off but in the end the mountain of spend is there like a millstone beacuse they got it badly wrong.
Suspect that Chelsea will be absolutely fine long term if they get past this year. We don't know exactly what the new psr rules will look like yet, but given how many clubs are finding themselves up against the limit under the current rules, I can't imagine that the new rules will actually get enough votes to pass unless they are a fair bit more lenient. No club will vote for rules that will almost certainly land them in hot water in the first year or two, after all
Think the bigger picture is the projected loss of 130 million next summer, who do you sell then? The year after etc
That is only considering if everything stays static. I anticipate Clearlake will focus revenue coming from player sales, commercial revenue, Europa League (should we qualify) and Club World Cup which will account to the 24/25 books. Apparently the latter has a hefty revenue for participating.
Fair enough. But you're dropping levels of quality and invariably not getting any higher in the table therefore revenue stagnates
And that doesn't even include the psychotic January 2023 window where they brought in 7 players, including £100m on Enzo... If these new revenue rules come in, it seems they might be ****ed. Hard to see how they could balance the books and bring in new players.
Becoming clearer now what the players/agents mean when they say they were 'attracted to the project'.
