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I know its irrelevant now but I saw this snippet whilst reading about their current spending spree:
Chelsea suffered operating losses that averaged £900,000 a week during the period of Abramovich's ownership from 2003. Ffs they should be playing in the Southern Combined Counties League. |
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It's all very odd. They're spending a fortune to mostly weaken the team.
As part of the deal to buy them there was some sort of promise of investing £1.75b into the club. Perhaps this is something do with that? Maybe they can start selling shares or something once that is complete? The structure of the payments to teams/players also appears very odd with very long term contracts. Very dodgy. |
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Swiss Ramble breaks it all down here - long, long story short - if Chelsea do not qualify for the CL they're £#%&!ed.
But overall, they're relatively well placed financially due to all sorts of %@#$&!s. They could do with selling a couple, which they'll do given the volume of purchases they've made. They don't seem to be slowing down though, however even if they get a "big" fine like PSG did (€65m) they are only obliged to pay €10m of it & then offset the rest while they get back in line. So it's thought it could be seen as just the cost of doing business & £#%&! it, spend, spend, spend now to get the squad packed for a charge at silverware in the coming seasons with so many younger players joining. |
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