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Conte'nt's 'Europe' article yesterday......

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comment by Devil (U6522)

posted on 15/2/17

Chelsea and United are in a position to pay huge wages to players to keep them happy without CL football - one by having an owner who the club owes £1bn, the other being the most profitable club in world football.
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You have to spend money to make money. Both ourselves and United have done that, us in the last 10 years, United for over 20 now, and both clubs are financially sustainable as of today. One of the problems Spurs have is an owner who isn't willing to spend money (same as Arsenal, only it's Wenger who isn't willing to spend it).

The old business adage goes if you're not growing you're ultimately dying, and you can't grow in business without taking financial risks. If Spurs manage to win the Europa League, thus gaining CL qualification through that medium (which prioritizing over the PL would resemble a risk), that's a genuine away to attract interest to the club from across Europe by standing out from the PL where various teams currently swamp your popularity, that opens up more revenue streams and generates more money.

posted on 15/2/17

comment by The Devil's Advocate's Advocate - I ... (U6522)
posted 1 hour, 27 minutes ago
Chelsea and United are in a position to pay huge wages to players to keep them happy without CL football - one by having an owner who the club owes £1bn, the other being the most profitable club in world football.
------------------------------------------------------------------------
You have to spend money to make money. Both ourselves and United have done that, us in the last 10 years, United for over 20 now, and both clubs are financially sustainable as of today. One of the problems Spurs have is an owner who isn't willing to spend money (same as Arsenal, only it's Wenger who isn't willing to spend it).

The old business adage goes if you're not growing you're ultimately dying, and you can't grow in business without taking financial risks. If Spurs manage to win the Europa League, thus gaining CL qualification through that medium (which prioritizing over the PL would resemble a risk), that's a genuine away to attract interest to the club from across Europe by standing out from the PL where various teams currently swamp your popularity, that opens up more revenue streams and generates more money.
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You owe Abramovich a billion quid fella. Financial risks do not exist for you.

We are taking a huge financial risk with a new stadium

posted on 15/2/17

comment by HRH King Ledley (U20095)
posted 1 minute ago
comment by The Devil's Advocate's Advocate - I ... (U6522)
posted 1 hour, 27 minutes ago
Chelsea and United are in a position to pay huge wages to players to keep them happy without CL football - one by having an owner who the club owes £1bn, the other being the most profitable club in world football.
------------------------------------------------------------------------
You have to spend money to make money. Both ourselves and United have done that, us in the last 10 years, United for over 20 now, and both clubs are financially sustainable as of today. One of the problems Spurs have is an owner who isn't willing to spend money (same as Arsenal, only it's Wenger who isn't willing to spend it).

The old business adage goes if you're not growing you're ultimately dying, and you can't grow in business without taking financial risks. If Spurs manage to win the Europa League, thus gaining CL qualification through that medium (which prioritizing over the PL would resemble a risk), that's a genuine away to attract interest to the club from across Europe by standing out from the PL where various teams currently swamp your popularity, that opens up more revenue streams and generates more money.
----------------------------------------------------------------------

You owe Abramovich a billion quid fella. Financial risks do not exist for you.

We are taking a huge financial risk with a new stadium


----------------------------------------------------------------------

He's converted into shares, and club is worth a lot more than when he bought it.

posted on 15/2/17

comment by CFC: FFP Champions (U20729)
posted 59 minutes ago
comment by HRH King Ledley (U20095)
posted 1 minute ago
comment by The Devil's Advocate's Advocate - I ... (U6522)
posted 1 hour, 27 minutes ago
Chelsea and United are in a position to pay huge wages to players to keep them happy without CL football - one by having an owner who the club owes £1bn, the other being the most profitable club in world football.
------------------------------------------------------------------------
You have to spend money to make money. Both ourselves and United have done that, us in the last 10 years, United for over 20 now, and both clubs are financially sustainable as of today. One of the problems Spurs have is an owner who isn't willing to spend money (same as Arsenal, only it's Wenger who isn't willing to spend it).

The old business adage goes if you're not growing you're ultimately dying, and you can't grow in business without taking financial risks. If Spurs manage to win the Europa League, thus gaining CL qualification through that medium (which prioritizing over the PL would resemble a risk), that's a genuine away to attract interest to the club from across Europe by standing out from the PL where various teams currently swamp your popularity, that opens up more revenue streams and generates more money.
----------------------------------------------------------------------

You owe Abramovich a billion quid fella. Financial risks do not exist for you.

We are taking a huge financial risk with a new stadium


----------------------------------------------------------------------

He's converted into shares, and club is worth a lot more than when he bought it.


----------------------------------------------------------------------
Damned right...we've won everything there is to win...some multiple times

posted on 15/2/17

Ambramovich has not converted it to shares.

Last I can see the debt was over a billion, and can be called in with 18 months notice.

He would never do such a thing, we all know that, but its a billion pound down the drain.

Lets not pretend Chelsea are self sufficient like United

posted on 15/2/17

Not a knock - he is able to do so.

Just calling it like it is - no Abramovich, no party.

That he wiped Bates' debt means he essentially bankrolled everything from Gullit onwards

posted on 15/2/17

Chelsea not sufficient ?

Top 6 Epl Clubs Revenues & Wages for 2015/16

1. Man Utd - R £515m - W £221m
2. Man City - R £393m - W £225m
3. Arsenal - R £350m - W £201m
4. Chelsea - R £335m - W £218m (includes Jose's compensation)
5. Liverpool- R £302m - W £167m
6. Spurs - R £209m - W £122m

HRH spouting rubbish again

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