bombayblue™

one of their best players of the season, why would they sell him?

its midnight kickoff at my place but if we win i would go staight to work from the pub if we lose how the fuck am i supposed to sleep it off, either way one all nighter..

nice to have you back craig..

exactly..

he is 15th richest according to forbes with a $23.5b net worth link btw welcome.. are you the same sunburn, from the old talkchelsea forum?

compared to united we'll atleast be saving around 80mill in interest..

Chelsea and United debts at record £1.5bn • New accounts show London club owe £736m • Abramovich has loaned - not donated - his money Chelsea and Manchester United, the Premier League's two representatives in tomorrow's Champions League final, owe creditors £1.5bn between them. According to the latest accounts of Chelsea Limited, the company which owns the football club, Chelsea owed £736m to all its creditors. United's accounts, also recently filed at Companies House, showed total creditors at £764m. Those unprecedented figures will fuel concern that at this time of English football's greatest club triumph its clubs are carrying too much debt. Covering the year to June 30, 2007, Chelsea's accounts show that the club's largest creditor was the owner himself, Roman Abramovich, who had poured £578m into the club, not as a donation but as an interest-free loan. As stated by the chief executive, Peter Kenyon, in February, Chelsea did not owe "external debt" to any bank. However, with Abramovich's £578m loan, introduced to sign players and pay wages since he bought the club in 2003, plus general amounts owed, taxes and some categories listed among creditors for formal accounting purposes, Chelsea's creditors stood at £736m in total. Chelsea's director of communications, Simon Greenberg, confirmed that the £578m, described in the accounts as "Other loan", is indeed the loan from Abramovich. Greenberg reiterated that Chelsea has no "external debt" and pointed out that the creditors included season-ticket holders for 2007-08, whose money has technically to be treated as owed until the season is over, "and other normal operating creditors". The figure also included £36.3m still owed on a Eurobond taken out by Chelsea's previous owner, Ken Bates, in 1997. That, the last of Chelsea's "external debt", was then repaid last December. Kenyon released headline figures from these accounts in February, highlighting that the club made a record turnover, £190.5m, and that its losses were down from £80.2m in 2005-06 to £75.8m last year. Kenyon said then that the club was in a healthy financial position, still aiming to break even by 2009-10, partly because it did not owe money to outside creditors and retained Abramovich's support. "With the company being external debt free and our ownership clearly demonstrating continuing commitment to the long term," Kenyon said, "I am very confident about the future." United's accounts showed the club's total creditors at £764m. United does have "external debt" - £666m owed to financial institutions, including £152m to hedge funds - taken on by the Glazer family when they bought the club in 2005, then loaded on to United itself. While United's loans incurred interest of £81m last year, the loan to Chelsea by Abramovich is interest-free. Abramovich has funded Chelsea's extraordinary acquisition of stars and, although transfers showed a profit last year, he continued to allow Chelsea to be run at a substantial loss. Kenyon's role is to transform Chelsea into a club which can survive on its own earnings. In February he acknowledged it was an "ambitious" target to aim to be self-financing by 2009-10 but the accounts bear out commercial progress in all areas. Having finished runners-up in the Premier League, won the FA Cup and League Cup and reached the Champions League semi-final, the club's sponsorship, match-day and media income all increased to push total turnover 25% up. However, there is no doubt that the club remains wholly reliant on Abramovich's continued funding. Chelsea's chairman, Bruce Buck, has stressed that Abramovich "loves football" and will not "walk away" from Chelsea. If the owner's enthusiasm were ever to wane, and Abramovich decided he did want his loan back, the accounts show that Chelsea would have 18 months to find the money. Source:Guardian link _____________________ i think we all knew it wasn't a donation but an interest free loan.. but i don't know where this 700mill figure comes from, can someone enlighten me?

and thats true for india too

snakes, i have a vet doc as friend and he made me catch them in my hands, to get over the fear, slimey bastards that they are, it has become worse..

actually i take a lot from this article.. for me it reassures that a 300-400 million pound debt at Chelsea would mean nothing, which not to say we'll have but still even if things went astray, we'll only have his loss of interest to blame..

hmm.. may i know what are you doing, up since 7am?

thanks again Chelsea blue, really appreciate it.. i had tried this one too but it hadnt worked either.. i wrote to diane, the incharge of the supporters club, and fortunately this time she replied.. will have to wait till mid-june though now..

manutd getting fucked, now that is worth being a national holiday..

even after so many linkups and rumours and other forms of trash, i'd be horrifically shocked if at the end of the day frank moved away from Chelsea..

i wish i could get a dream tonight about the cl final where we win by a ronaldo own goal i'm a sick B*****

i think what he means is that we are asked a different price than the other teams just cos we are Chelsea..

being the gloryhunter, wasn't around in '83, Greg.. i would certainly rate the final more important than 2-1 vs pool in 03 cos if we consider the reason we got here as more important than the dream itself, then we might as well put the semifinal victory over pool this season in it too..

you lucky ****, welcome mate..

welcome mate..

yippe sue is back... guess the seiest men thread is gonna be a lot busy now.. welcome..

may be he has another appointment with the dentist lined up and wants to utilise it to the fullest..

wish we could get all those girls back to post more often..

well ofcourse, 25 being the captain i got to choose first chelseablue, thanks mate but they havent updated it in ages, i have sent mails in the past..

Mirror Mirror on the wall, whose the best midfielder of them all?