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Buying Players. Is it worth it?



Yorkie

Sussex born and bred
Jul 5, 2003
32,367
dahn sarf
Chelsea will this morning announce that they made a loss of more than £100 million over the past year, marking a record in English football.

Telegraph
 




Gwylan

Well-known member
Jul 5, 2003
31,842
Uffern
Ssh Yorkie. There's bound to be someone on here who will ask why Brighton aren't prepared to go into that sort of debt if it means buying a few players ...preferably TRIED AND TRUSTED English lads.
 






Yorkie

Sussex born and bred
Jul 5, 2003
32,367
dahn sarf
I think it is a great example. How long can any club sustain that level of losses?
 








Stinky Kat

Tripping
Oct 27, 2004
3,382
Catsfield
Do you think Chelsea really care about their debt, Abramovich can pay it off just like that
 








Kent Seagull

Well-known member
Jul 5, 2003
2,062
Tenterden, Kent
I'd like to know what happens if Abramovich walked away/died or whatever. With losses of 100 mill per year who else would take the business on? If I was a Chelski fan I'd be very worried that the club could suddenly find itself with no-one to play fairy godmother whilst having massive debts and contracts to pay for. Has Abramovich set up any sort of trust fund to ensure the clubs survival if he dies?
 




HampshireSeagulls

Moulding Generation Z
Jul 19, 2005
5,264
Bedford
It's not as bad as it looks. If you dig deeper into the story, this figure doesn't include some income/sponsorship deals, plus other ventures that Chelsea are involved in. If you pulled Abramovich's finances to pieces, you would probably find that he is using Chelsea as a write-off area at the moment (ie not paying tax on the declared losses) whilst other ventures are bringing in money. I'd love us to be in that position!

*************************************

As if to reassure potential investors, Bruce Buck, Chelsea chairman and Abramovich's mergers and acquisitions lawyer, has been banging the drum of "long-term" involvement and stability. "Mr Abramovich has invested a lot of money, but I emphasise the word investment. And, on top of that, we have changed our business model, brought in the right sponsors, changed the kit company, the management team, the structure," Buck said this week. "I don't see it stopping. I don't see why Roman would sell. If it was the case that he was going to win the European Cup and disappear, why spend £25 million on a training ground that wouldn't be built for 2½ years? If you knew him, you would quickly realise that he was not in for the short haul."

Buck also confidently claimed the club were on target to meet Abramovich's plan to make Chelsea profitable in five years. The latest figures do not include the new shirt deal with Samsung, which came into force this season and brings in £11 million per year, or the Adidas deal which brings in £10 million per year.
 


maffew

Well-known member
Dec 10, 2003
9,024
Worcester England
Kent Seagull said:
I'd like to know what happens if Abramovich walked away/died or whatever. With losses of 100 mill per year who else would take the business on? If I was a Chelski fan I'd be very worried that the club could suddenly find itself with no-one to play fairy godmother whilst having massive debts and contracts to pay for. Has Abramovich set up any sort of trust fund to ensure the clubs survival if he dies?

they're not losing 100m per year. They've invested a lot of money in the first year in the squad and dont need to spend that kind of money now. Over 5 years it wont be 500m, could be in profit
 


Gully

Monkey in a seagull suit.
Apr 24, 2004
16,812
Way out west
What would make me laugh is if during the whole bung and fraud investigation the FA discovered that Chelsea was being used to launder money by Romanski. In all seriousness, if he pulled the plug the club would be left right in the mire, their outgoings on costs and wages must be far higher than their income. I can't really believe that he will remain interested in what has rapidly become the most expensive game of subbuteo in history for more than another couple of years, despite saying that he wanted to build a dynasty to last 100 years.
 






bailey

New member
Sep 24, 2005
1,201
Seafront Brighton
Kent Seagull said:
I'd like to know what happens if Abramovich walked away/died or whatever. With losses of 100 mill per year who else would take the business on? If I was a Chelski fan I'd be very worried that the club could suddenly find itself with no-one to play fairy godmother whilst having massive debts and contracts to pay for. Has Abramovich set up any sort of trust fund to ensure the clubs survival if he dies?

The rest of the business is probably pretty sound with the majority of the expense being the players budget. If he did walk a good management team would immediately sell a number of players and re-negotiate the contracts of those that stay. Chelsea might sit end up mid-table for a few seasons but they wouldn't dissapear.

Personally, I think this is something that the FA should regulate. Playing budgets and wages should be capped to level the playing field (if you pardon the pun!).
 








Albion Dan

Banned
Jul 8, 2003
11,125
Peckham
Is this the daftest thread EVER? Asking if it is worth buying football players to play for a football club?

If 1066 had started this this thread it would have been flamed so much it would have melted imo.
 
Last edited:


Silent Bob

( ͡° ͜ʖ ͡°)
Dec 6, 2004
22,172
Yorkie said:
I think it is a great example. How long can any club sustain that level of losses?
Forever and a day when you've got someone with Abramovich's unfathomable wealth in charge.
 


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