Topic: Chelsea FC

[Gerry Attrick]

I don’t think people are expecting much of them this season, but I think they’ll go really well. They have so much talent and though Pochettino isn’t absolutely elite he’s a mile better than what was there after October last season. They need more central midfielders I think but aside from that they’ve got a stack to work with and loads of training ground time. I would say they’re 4th best as things stand with the raw materials to potentially be even better.

[disgraced cake]

Think we're probably playing them at the right time, can see it being a bit of a mess for him wondering what team to pick. Of course we have to sort ourselves out a defensive midfield player but really we've got a good set up already waiting to punish some teams this season I feel.

Can't see them getting back into the Champions League yet though. City will obviously take a spot and you'd like to think we will too. Arsenal also should even though I don't think they'll be quite as good as last season and then who knows, one of United or Newcastle maybe but don't think either have bought well yet. Brighton and Villa around the Europa League spots again and Spurs will be top half you'd think. Maybe Europa or Conference League but they can't be much worse than last seaosn unfortunately.

[Tobelius]

Todd Boehly's like a football equivalent of a dung beetle,soon as he smells a deal's close somewhere he waddles along a Clearlake check in hand.

Though dung beetles are actually very useful and important unlike Tod.

[Ghost Town]

Todd Boehly's like a football equivalent of a dung beetle,soon as he smells a deal's close somewhere he waddles along a Clearlake check in hand.

Though dung beetles are actually very useful and important unlike Tod.

Always thought these were a bunch of fucking scarabs

[The_Nomad]

Always thought these were a bunch of fucking scarabs

Well played, sir. 😆

[newterp]

Well played, sir. 😆

I feel like the Nomad would know!

[Titi Camara]

21/22
In - (€118m)
Out - €149m
Net - €31m

22/23
In - (€611m)
Out - €68m
Net - (€543m)

23/24 - So Far
In - (€112m)
Out - €254m
Net - €142m

3 Year Net on Transfers - (€370m)

If they buy Caciedo it's likely to take that close to half a billion Euro in net spend alone. If the rules can be circumvented and are not universal in nature then they stop being rules and are no longer fit for purpose.

If you go back 12 months, the (€370m) net spend over 3 years becomes (€702m)

[TepidT2O]

Fined €10m for historical ffp breaches that their owners informed uefa of when they took over.


Years of cooking the books

[rafathegaffa83]

Fined €10m for historical ffp breaches that their owners informed uefa of when they took over.


Years of cooking the books

Not their first time either. A transfer ban would have been far more damaging

[Tonyh8su]

Not their first time either. A transfer ban would have been far more damaging

And what they should've gotten.

So that's Chelsea and United fined for FFP breaches, Juve banned from Europe, meanwhile Manchester City, the biggest cheats in Football....

[Macc77]

Juventus get away with the embarrassment of having to play in the Conference League, it's hardly a punishment for them. I wonder what the punishment would have been (or that they'd have accepted) if they'd been in the CL?

[Hazell]

Bullshit punishment, basically got away with it. Don't understand why there weren't severely punished for this.

[Eeyore]

Fined €10m for historical ffp breaches that their owners informed uefa of when they took over.


Years of cooking the books

Presumably, the Premier League will be all over that.

[Red-Soldier]

Presumably, the Premier League will be all over that.

Cooking the books, you mean.   

[MonsLibpool]

Going through their account, they look screwed.

This season, this ratio must be 90% or less:

(Wages+Agent fees+Amortisation and any impairment of transfer fees)/(Adjusted revenue+profit or loss on player sales).

Their core revenue (infrastructure improvements aren't included) can't absorb their current costs. Hence, they are a selling club that is dependent of selling players for more than their amortised value. Why is this an issue anyway? It is because they need to accept losses on some of their big money flops like Lukaku to get them off their wage bill. From an accounting POV, it'd be better to continue loaning him out that cut their losses which will put them more in the red. The issue is that there are new limits to the number of players they can loan out.

They MUST sell well but clubs know that they are desperate and might try to lowball them which will be pointless. Also, the 9-year contract offered to some players will make their amortised values higher for a longer period of time which would make it hard to shift them for a profit if they flop. For example, Fernandez's amortised value is still around €100m. Now, the profit on sales considers the last 3 years and then divides that by 3. This means that only a 3rd of any profit they make will be factored in.

The analysis I did was using their latest accounts (when they add CL football). Now, they aren't even in Europe which will really hit their wallets and tighten their margins.

I don't see them passing FFP next season. Will be very interesting to see how they go about it.

They sold well but it wasn't enough. Like I said earlier, what they do with Lukaku will be very interesting  from a financial POV.

[Peabee]

Fined €10m for historical ffp breaches that their owners informed uefa of when they took over.


Years of cooking the books

Is that it? That’s not a good deterrent for overspending. They’ll just budget in fines.

[Tobelius]

They said gimme 10 million and everything's fine again.
That'll really put the fear of God into the various sportswashers about.

[MonsLibpool]

They said gimme 10 million and everything's fine again.
That'll really put the fear of God into the various sportswashers about.

The punishment for the first offence is a small fine. City got kicked out of Europe for persistent cheating.

[Tobelius]

The punishment for the first offence is a small fine. City got kicked out of Europe for persistent cheating.

Still,no matter how they did it here they are with a freshly engraved Champions League trophy.

[Titi Camara]

Fined €10m for historical ffp breaches that their owners informed uefa of when they took over.

If you fine clubs for breaking the rules, you are basically saying the rules don't exist if you are rich enough.

c*nts

[Ghost Town]

Club: "We're going to spend money excessively and revel in doing so"

Authorities: "How dare you! To punish you we'll make you spend some money"

Club: "Coolio"

Everyone else: "Yeah about that..."

[newterp]

Presume Chelsea will have a Saudi shirt sponsor just about 2-3 days before the season starts

[The G in Gerrard]

Presume Chelsea will have a Saudi shirt sponsor just about 2-3 days before the season starts

Was going to ask. They don't have one at the moment? Odd.

[Titi Camara]

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