Chelsea £145million annual loss

Oh there is also 3. Run at a profit and somehow maintain your success at the top to keep the club value high. Easy right

comment by No Love AKA Mamba - not home right now as I'm out rioting and looting with BLM and my right hand man Sizzle (U1282)
posted 47 minutes ago
comment by BrummieBlue! (U3487)
posted 2 hours, 2 minutes ago
comment by No Love AKA Mamba - not home right now as I'm out rioting and looting with BLM and my right hand man Sizzle (U1282)
posted 6 minutes ago
comment by BrummieBlue! (U3487)
posted 2 minutes ago
I think Mamba is trying to out do Maf in contrariness here!
----------------------------------------------------------------------
How so?

I've responded logically.
----------------------------------------------------------------------

No you didn't, you gate crashed a 'Debate' about football ground ownership by picking up on an off the cuff cliché, to inform us how well you chose, when selecting your bride for being so football savvy - really strange!

Do you really feel the need to be involved that much?
----------------------------------------------------------------------


I wouldn't call the ground ownership thing a debate. As I said its weird when an adult doesn't understand the offside rule when explained. Maybe you're not very good at explaining things.
----------------------------------------------------------------------

Do you really think I sit there explaining the offside rule to my wife!

Mamba having a shocker

All I've got to say is that I have read through all the comments and there are some facking stupid people on this article. I'm not going to bother wasting my time explaining how the CPO and various other things work to you melts. End of.

comment by Chelsea_since_summer_1969 ✯✯ (U1561)
posted 11 hours, 58 minutes ago
All I've got to say is that I have read through all the comments and there are some facking stupid people on this article. I'm not going to bother wasting my time explaining how the CPO and various other things work to you melts. End of.
----------------------------------------------------------------------

It’s an article from, Chinese water torture for the eyes

comment by BrummieBlue! (U3487)
posted 22 hours, 22 minutes ago
I, like most Dan's don't understand or know the ins and outs of the club's finance's apart from the debt is held by one of Romans holding companies called Fordsdam.

Here's a link to some interesting (if you're into that sort of thing) information about recent finance's!

https://weaintgotnohistory-sbnation-com.cdn.ampproject.org/v/s/weaintgotnohistory.sbnation.com/platform/amp/2021/2/16/22283804/musings-chelsea-2019-20-finances-and-covid-pandemic-impacting-results-player-sales-roman-abramovich?amp_js_v=a6&amp_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16409578956355&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fweaintgotnohistory.sbnation.com%2F2021%2F2%2F16%2F22283804%2Fmusings-chelsea-2019-20-finances-and-covid-pandemic-impacting-results-player-sales-roman-abramovich
----------------------------------------------------------------------

It's all dirty money hence no one (jurisdiction/govt) knows it's whereabouts 😁😁

comment by Chelsea_since_summer_1969 ✯✯ (U1561)
posted 12 hours, 57 minutes ago
All I've got to say is that I have read through all the comments and there are some facking stupid people on this article. I'm not going to bother wasting my time explaining how the CPO and various other things work to you melts. End of.
----------------------------------------------------------------------
CPO - Chelsea's Pensioners Office? 😁😁

comment by BrummieBlue! (U3487)
posted 1 day, 19 hours ago
I, like most Dan's don't understand or know the ins and outs of the club's finance's apart from the debt is held by one of Romans holding companies called Fordsdam.

Here's a link to some interesting (if you're into that sort of thing) information about recent finance's!

https://weaintgotnohistory-sbnation-com.cdn.ampproject.org/v/s/weaintgotnohistory.sbnation.com/platform/amp/2021/2/16/22283804/musings-chelsea-2019-20-finances-and-covid-pandemic-impacting-results-player-sales-roman-abramovich?amp_js_v=a6&amp_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16409578956355&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fweaintgotnohistory.sbnation.com%2F2021%2F2%2F16%2F22283804%2Fmusings-chelsea-2019-20-finances-and-covid-pandemic-impacting-results-player-sales-roman-abramovich
----------------------------------------------------------------------
Hi Brummie. Sorry mate, thanks for the link, I got tied up with the new year palaver and only just come back to this.

I see from the link you posted that SwissRamble has done a feature on your finances. He's normally fairly easy to understand (for those of us unable to understand corporate financespeak) and unbiased too, let's see if I can make any sense of it.

As I said, it's just because it's hard to understand why the exceptional fuss over Barcelona's (or Madrid's) debt if PL clubs can be equally indebted without it causing that many ripples.

One big difference is that Spain's big two apart is that they can't be bought or sold, so their market value in those terms is more theoretical than practical.

The other big difference is that LaLiga sets each club a wage cap that's linked either to some kind of financial indicator. It's only been in place for a few years (6 or 8 or something like that), but it's what severely crippled Barça's ability to sign or even hold on to players last summer.

Looking at CFC's accounts on SwissRamble, they really don't appear to be that much of a concern. Higher in some regards compared to PL rivals, lower in others, but as others have said, all the debt accrued to date is bankable for RA upon sale of the club, so where's the problem?

In reciprocity, here's a more easily readable breakdown of that Swiss Ramble analysis:

https://threadreaderapp.com/thread/1476816609851367431.html