Chelsea

[Charly]

I would have to check the accounts, but loans dont affect ffp, and owners can underwrite a small loss each year.

Loans can simply be for cashflow... granted thats a lot of cash. It could also have been used for infrastructure.

I get the impression Chelsea have been playing it reasonably straight, and adhereing to FFP.

Also ffp was suspended, so they could be gaming the system slightly, but ffp is a 3 year rolling average... so it could be offset by previous sales.

Not to defend Chelsea, though...

[Maxiedge]

Not accusing them of breaching FFP rules. They would be foolish to do that after the Man City saga. To elaborate on my point, the owner is bankrolling the club with funds that are disputed and hence he keeps getting denied a VISA. Not sure if he has been granted one now. Google search brings up nothing.

Also, has he ever given an interview? It's 1 million% because questions will be dragged up he doesn't want to address. It's the classic low key approach.

Scumbag of a club.

[craigdanny]

Not really. They've taken £440m in owner's loans in the last 5 years. To put it into perspective, that's 6 times as much as us.

They should just say it for what it is, an oligarchs plaything. Even Man City have more financing morals.

Didn't FSG pay off about the same in our debt as part of the takeover? The Moores family funded us for decades too.

I can't stand Chelsea myself, but all of the top clubs are a little guilty of it.

It seems a little rich moaning about money when we apparently have one of the largest costs in player salaries and we're buying goalkeepers for £70m when we're facing clubs whose entire starting 11 cost less

[Maxiedge]

Didn't FSG pay off about the same in our debt as part of the takeover? The Moores family funded us for decades too.

I can't stand Chelsea myself, but all of the top clubs are a little guilty of it.

It seems a little rich moaning about money when we apparently have one of the largest costs in player salaries and we're buying goalkeepers for £70m when we're facing clubs whose entire starting 11 cost less

We have one of the largest costs in player salaries as our starting XI have turned out to be world class and we need to cater for that. End of the day, if we're not going to pay their worth, a) it wont be a happy squad, b) they'll run down their contracts to go elsewhere for big pay day. We don't attract players with the promise of massive wages.

Goalkeeper purchase had to be done. Probably the only big club that has had bog standard goalkeepers previously in the years before. The big layout was covering the pain we had to endure.

Obviously we've spent our share, we've had to to compete. The spending has been in line with success though.

[Irishnev]

Didn't FSG pay off about the same in our debt as part of the takeover? The Moores family funded us for decades too.

I can't stand Chelsea myself, but all of the top clubs are a little guilty of it.

It seems a little rich moaning about money when we apparently have one of the largest costs in player salaries and we're buying goalkeepers for £70m when we're facing clubs whose entire starting 11 cost less

Hi Craig and good to come out if lurking

Interesting opinion and there is some truth to it - I guess we have tried to do it the ‘right’ way by spending what we earn. Abramovich pumps no interest loans into Chelsea and they are in debt to him to the tune of a billion or so. If he ever loses interest they are screwed.

If FSG ever lose interest (sell) we would still be a sell sufficient entity. The Alisson point is catered for that our recruitment has been so good that we sold Phil - made £120m profit and bought VVD and Ali from it

[Kenneth]

Didn't FSG pay off about the same in our debt as part of the takeover? The Moores family funded us for decades too.

I can't stand Chelsea myself, but all of the top clubs are a little guilty of it.

It seems a little rich moaning about money when we apparently have one of the largest costs in player salaries and we're buying goalkeepers for £70m when we're facing clubs whose entire starting 11 cost less

I don't think there's any moaning about money, but with uncertainty around future revenues, we need to be more cautious because we don't have an oligarch or sovereign wealth fund to cover it. Past spending isn't really relevant as the issue is specifically related to ongoing Covid impacts.

[Cormack74]

Well in Craigdanny, it's ages since we've had a proper lurker reveal

[baitman]

Well in Craigdanny, it's ages since we've had a proper lurker reveal

It must be like playing hide and seek by yourself

[Roboklopp]

TBF 95% of the forum is currently in lurk mode

[ChesterDave]

https://www.bbc.co.uk/news/uk-54229269

Not against the rules but seriously iffy.

[Irishnev]

[ame="https://twitter.com/bbcsport/status/1309073843047337984"]https://twitter.com/bbcsport/status/1309073843047337984[/ame]

Was supposedly instrumental in getting Werner and Havertz in coming to Chelsea and now being shafted and sold. I actually think he is better than their other defenders but Crank knows best

[S-RED]

Who?

[Barnie7]

I think he is on about Rudiger

[Irishnev]

I think he is on about Rudiger

Yep - forgot to paste the tweet

[Fosterbloke]

Crazy as Rudiger is a very good player.