Fernando

That is an issue of no manager stability. Everyone new that comes in will go the safer route and go with older players and what not. 

‘Chelsea have made significant progress in installing a football identity’
Huh!!!
🫤🤔😐

The hilarious thing is these numpties were holding out on securing a long-term shirt sponsor in hopes of better deal, and now have risked not finishing in any of the European spots.
What was old Eghbali's astute assessment again?
"Chelsea were quite frankly an asset, not terribly well managed on the football, sporting or promotional side"
Someone should put those words on a banner and hold it aloft in the stadium.

They won’t change shit because of the fans though. Lets be real.
Look at how well thats worked out for the Strasbourg fans, they’ve done a lot more protesting and shown discontent over a much longer, prolonged period than we have and nothing has changed there. At all.
BlueCo don’t care. Attendances probably will have to start dropping by a huge number constantly for a prolonged period to make any sort of difference to these. But it won’t be noticed due to the change in atmosphere, it will be noticed due to loss of match day money. Even then, Boehly & Eghbali will just keep flogging tickets to tourists at hugely inflated prices as they have been.
Fans not going to games & renewing season tickets may sound extreme but it is the only way to show these IMO. Can boo/whistle/whatever but they are ruthless billionaires who probably don’t care what people think of them as it is.

Pizy, i know you’re being enthusiastic for the love of this club but wake up mate. They can’t change the model and they won’t change the model. They have spent soo badly and left us in a financial crisis. 

The 'chancers' wouldnt be there under a regime that prioritised silverware over saddling the club with their borrowing.
They could spend another 1.5 billion on players, get a shit manager in that the players dont respect, continuing outsourcing the medical operation - and ca plus ca change - which is exactly what I expect to happen

Rubbish.
Anyway. Inconsequential result at this stage.
All eyes on BlueCo & co. in the summer.
How are they going to respond? Will they finally walk away with their tail between their legs and admit that a good manager DOES make a difference. And that even the best managers need to be backed with experience and quality.
To me, thats far more interesting than any of the remaining fixtures.

They are milking the Brand

Chelsea have always been very successful in terms of player sales, which have generated far more money for the club than ticket sales over the last decade. 
''The 22 Holdco business model is similar to that of a hedge fund in that signing young players on long-term contracts can be very profitable and reduces the chances of players leaving on a Bosman deal for no fee. ''
Now that model is pretty well fucked, and everything is threatened, even attracting a new high-profile manager, without Champions League football.

Not A Project CFC, the protest group, are planning two further protests.
The first will take place on the steps of Wembley Way before the FA Cup final against Manchester City. A second protest to take place inside Stamford Bridge, where fans are asked to turn their backs in the 22nd minute of the final home game vs Sp*rs

Winstanley, Srewart and Shields are the biggest problem, they are guiding the likes of Egghead and telling them players like Garnacho, Gittens, Delap, Tosin etc are the right players....they are NOT. It goes above them though, the whole thing is a mess

Venture Capitalists
1.Borrow billions of $ to buy an established brand. 
2. Milk it dry, syphon cash out, and only pay interest on the loans. 
3. Fuck off, and saddle the club with the debt

The last time we scored a PL goal the straight of Hormuz was open

Tbh, whatever the medical staff did for James had worked for at least a good solid year.
Lavia is just a different level. And Fofana isn't great even when he plays. 

Wow this is glazer on steroids. 
Definitely these type of entities should not be allowed in sports. 

Wow this is glazer on steroids. 
Definitely these type of entities should not be allowed in sports. 

sorry for the relentless Friday night doom postings on so many subjects (and none of these include our players in terms of buys and sales and quality of the squad, which of course is a HUGE part of us surviving and hopefully thriving, at least football-wise)
but here we are
these are all a very likely (the degrees of impact for each may vary of course) set of realities for us under the BlueCO cunt regime

Ares has exploded (as I predicted) in AUM (assets under management) from when I started talking about them closing in on around 3 years ago
and now have a massive $644.3 billion AUM as of the end of Q1 2026, up from $341 billion AUM at the end of Q3 2022
so they almost doubled their AUM in just the last 3 and a half years
they are truly a monster financial firm, likely headed for over 1 trillion USD in AUM in the next several years
Clearlake has, as of the end of Q1 2026, around $185 billion in AUM, and that is double what it was until their recent Q1 2026 acquisition of Pathway Finanacial
so Ares is 3 and half times larger than Clearlake in terms of AUM, and were seven times larger (AUM-wise) pre Clearlake's Pathway acquisition
 


 


 

we are pretty likely to soon be (if not already are) a 'Sell-to-Survive' club (not even a 'Sell-to-Buy' club)

massive new amount of PIK loan debt shown below (it is Cayman Islands-based, and is called COP III, it is the new facilty shown below, and it dwarfs the other 2)

Around £400m a year (which will keep increasing on a year over year basis, btw) just in INTEREST COST, and likely even more as the interest shown (11.25 per cent) for COP III is likely too low per Booby Fairview. 
Just that interest cost, (especially if the interest rate paid on the COP III loan debt is around 14, 15 per cent per annum), could well surpass our ENTIRE gross revenue intake per annum by 2027 or so
PLUS that £1.5 billion that was supposed to go to the new stadium, womens side, youth development etc, has been spent on other things
No wonder Boehly was talking about no new stadium until possibly the late 2030s or more likely 2040 or later!!
and it gets worse, as we still have to pay to RUN THE CLUB each year, pay the salaries, transfers, staff, current stadium and other physical plant expenses (ie training grounds, for all levels, and multiple other things) etc etc etc
and all this truly affects the funds (like public pension funds)who invested in it all, and those giant funds will come head-hunting for BlueCo et al as those funds are bound by law to utilise fiduciary responsibility for their 'shareholders' (for but one example think of 10s (perhaps 100s) of thousands of school teachers and other public employees)
Boehly's share of the club, due to insane losses, has already be cut basically in half in a few short years
Ares Management and others, due to the way their PIK (PIK means Payment-in-Kind and refers to a financial instrument where interest or dividends are paid using additional securities (bonds/stock) instead of cash) loans (the 22 HoldCo facility for instance) are structured, can go directly after our current owners and seize all (or a huge amount) of the club
we are so so fucked I am starting to really fear 🥵

Its what the Glazers did borrow millions on the asset they 'own' syphon the cash out -with them it was a million a week - then leave the club with the debt

That’s exactly what they are doing. How have The Prem allowed this to happen?
Anyone backing this project is an enemy of Chelsea FC as far as I’m concerned.