Roman Abramovich Thread

[the wes 7,212]

A second meeting was held between Abramovich and Allen's lawyer in Cyprus a few days ago

[Vybzkartel 284]

On 9/28/2018 at 2:47 PM, Vesper said:

LOLO

Simply because of the owner's nationality??

Purest logical fallacy (uses both Petitio principii and post hoc ergo propter in this case) I have seen in ages

 

 

Yes, their business objectives are diffrent to other owners like Sheik Mansour, Roman Ambramovich and Qatar royal prince. All of them do not mind losing money because its more a vanity project than investment portfolio. Like I said look at Aston Villa, Sunderland, Roma, Liverpool and United those are good case studies of what happens with American owners

[Vesper 30,085]

39 minutes ago, Vybzkartel said:

Yes, their business objectives are diffrent to other owners like Sheik Mansour, Roman Ambramovich and Qatar royal prince. All of them do not mind losing money because its more a vanity project than investment portfolio. Like I said look at Aston Villa, Sunderland, Roma, Liverpool and United those are good case studies of what happens with American owners

That's literally the logical fallacy I mean, petitio principii (begging the question), where you assume the conclusion, plus (and even more to the point) post hoc ergo propter ,where you falsely assume that because some yanks have been cheap in the past, that makes ALL yanks cheap. 

It a false equivalency-based broad generalisation.

 

There are plenty of cheap Arab owners, Asian owners (ask my Baggie friend about those!, lol), etc, to show that just because a person from that background spends freely (like Shitty ownership) does not mean all will. Same for yanks being cheap (AC Milan new owners are an American hedge fund, and they have opened up the pocket book) Paul Allen owns multiple sports teams,and has never shown a tight purse.

 

Also, other than the first 2 years (2003-2005) Roman has NOT been a big net spender.

here is our net spending under Roman

Transfer spending under Abramovich (net)

2003-04: £151.4m
2004-05: £146.8m

NO MORE BIG SPENDING

2005-06: £51.7m
2006-07: £32.2m
2007-08: £13.8m

2008-09: £12.7m PROFIT
2009-10: £23.6m
2010-11: £94.5m

here is the last 8 years

2011-12: £57.7m
2012-13: £75.8m

2013-14  £47.6m

2014-15  £6.4m PROFIT

2015-16  £2.7m

2016-17  £21.9m

2017-18 £54.1m

2018-19 £75.1m 

total

£328.5 for the last 8 years (365.8m euros)

that's almost a BILLION LESS than the article https://www.talkchelsea.net/news/chelseas-spending-since-2010-has-been-revealed-and-its-ridiculous/ states, the article is tosh clickbait

£41.1m per year net spend on average the last 8 years

 

total £829.8 m over 16 year time frame that Abramovich has owned us 

works out to around £51.9m NET per year

36% of ALL money net spent was in the first 2 years

take away those first  2 years

the average net spend over last 14 seasons (per year) is £37.8m 

[Vybzkartel 284]

6 hours ago, Vesper said:

That's literally the logical fallacy I mean, petitio principii (begging the question), where you assume the conclusion, plus (and even more to the point) post hoc ergo propter ,where you falsely assume that because some yanks have been cheap in the past, that makes ALL yanks cheap. 

It a false equivalency-based broad generalisation.

 

There are plenty of cheap Arab owners, Asian owners (ask my Baggie friend about those!, lol), etc, to show that just because a person from that background spends freely (like Shitty ownership) does not mean all will. Same for yanks being cheap (AC Milan new owners are an American hedge fund, and they have opened up the pocket book) Paul Allen owns multiple sports teams,and has never shown a tight purse.

 

Also, other than the first 2 years (2003-2005) Roman has NOT been a big net spender.

here is our net spending under Roman

Transfer spending under Abramovich (net)

2003-04: £151.4m
2004-05: £146.8m

NO MORE BIG SPENDING

2005-06: £51.7m
2006-07: £32.2m
2007-08: £13.8m

2008-09: £12.7m PROFIT
2009-10: £23.6m
2010-11: £94.5m

here is the last 8 years

2011-12: £57.7m
2012-13: £75.8m

2013-14  £47.6m

2014-15  £6.4m PROFIT

2015-16  £2.7m

2016-17  £21.9m

2017-18 £54.1m

2018-19 £75.1m 

total

£328.5 for the last 8 years (365.8m euros)

that's almost a BILLION LESS than the article https://www.talkchelsea.net/news/chelseas-spending-since-2010-has-been-revealed-and-its-ridiculous/ states, the article is tosh clickbait

£41.1m per year net spend on average the last 8 years

 

total £829.8 m over 16 year time frame that Abramovich has owned us 

works out to around £51.9m NET per year

36% of ALL money net spent was in the first 2 years

take away those first  2 years

the average net spend over last 14 seasons (per year) is £37.8m 

This is not true, Roman puts in money each year into the club, since 2003 we have made a profit once. We have consitently run one of the highest wage bills in England and are always top 3 net spend. No American owner would rn that kind of business. Anyway just look at the Seattle Seahawks (a team Paul Allen owns), they have refused to pay their top talents like Earl Thomas because the owner is profit motivated, Even his other team the Portland Trail Blazers has been average over the years and refuses to pay big for free agents in basketball. Roman is a football fan's dream many fans would bit to have a owner like him. 

[Vesper 30,085]

57 minutes ago, Vybzkartel said:

This is not true, Roman puts in money each year into the club, since 2003 we have made a profit once. We have consitently run one of the highest wage bills in England and are always top 3 net spend. No American owner would rn that kind of business. Anyway just look at the Seattle Seahawks (a team Paul Allen owns), they have refused to pay their top talents like Earl Thomas because the owner is profit motivated, Even his other team the Portland Trail Blazers has been average over the years and refuses to pay big for free agents in basketball. Roman is a football fan's dream many fans would bit to have a owner like him. 

Show me a link with all inflows and outflows that shows where we are top 3 net spend in the world overall since Roman bought us. We do have a very high wage bill but have tremendous inflows from sponsorships, the EPL itself including massive television revenues), CL and EL payouts in the years we are in those competitions, as well as our huge loan army. In terms of the stadium, now that he pulled the plug on a new one, that is another huge expense he will not incur, granted countered by a huge loss of speculative revenue that SB doesn't generate due to its smaller size and lack of luxury boxes to a modern level.

Also, I must add, I am not that big a fan of Paul Allen buying us. Would much rather Jim Ratcliffe or another billionaire whose main passion is football. Or, my fantasy owner, Mr 170 billion usd net worth Bezos, lolol.

I am hugely pissed that Roman is being fucked about by the UK and US governments due to his massive Russian/Putin connections. He HAS been a dream of an owner for sure. But they seem bound and determined to ruin his British interests, unfortunately including CFC.

[blues.bridge 343]

10 hours ago, Vesper said:

Show me a link with all inflows and outflows that shows where we are top 3 net spend in the world overall since Roman bought us. We do have a very high wage bill but have tremendous inflows from sponsorships, the EPL itself including massive television revenues), CL and EL payouts in the years we are in those competitions, as well as our huge loan army. In terms of the stadium, now that he pulled the plug on a new one, that is another huge expense he will not incur, granted countered by a huge loss of speculative revenue that SB doesn't generate due to its smaller size and lack of luxury boxes to a modern level.

Also, I must add, I am not that big a fan of Paul Allen buying us. Would much rather Jim Ratcliffe or another billionaire whose main passion is football. Or, my fantasy owner, Mr 170 billion usd net worth Bezos, lolol.

I am hugely pissed that Roman is being fucked about by the UK and US governments due to his massive Russian/Putin connections. He HAS been a dream of an owner for sure. But they seem bound and determined to ruin his British interests, unfortunately including CFC.

Besoz? Hhahahaha  
Jim Ratcliffe looks great!  If Roman doesn't ask so much money, £3B is really too expansive and out of any market.
One right price would be around 1.5B and Ratcliffe has already offer 2.3B, Abramovich should have acepted!

[Fulham Broadway 17,299]

The new Cold War with Russia hotting up today..Netherlands, UK and US accusing them of all sorts of cyber hacking, with doubtless more sanctions.

Abramovich will probably be ''advised'' to ditch the UK assets

 

[quickpassnmove 924]

Don't know what to think of Paul Allen as an owner, but American sports club/team owners aren't all bad; the problem would probably be his lack of football history even though he's invested in the Seattle Sounders. However, the right kind of relationship with a rich owner is always just around the corner regardless of who it is; he could fall in love with Chelsea for a while and help with the new stadium project.

I think a new owner will mean continued investment in the club but also maybe a re-design of the new stadium(?). 

The big question is whether or not there is a shared vision for the future between owner(s) and the functioning organization even in the case of a dispassionate owner.

[It's too big 625]

30 minutes ago, quickpassnmove said:

Don't know what to think of Paul Allen as an owner, but American sports club/team owners aren't all bad; the problem would probably be his lack of football history even though he's invested in the Seattle Sounders. However, the right kind of relationship with a rich owner is always just around the corner regardless of who it is; he could fall in love with Chelsea for a while and help with the new stadium project.

I think a new owner will mean continued investment in the club but also maybe a re-design of the new stadium(?). 

The big question is whether or not there is a shared vision for the future between owner(s) and the functioning organization even in the case of a dispassionate owner.

Well Bruce Buck works at the club and most of the other staff will probably stay. Maybe Marina will leave, we don't know. These multi-Billionaires aren't idiots, they would bring in the experts. 

[Vesper 30,085]

Microsoft co-founder Paul Allen dead at 65

https://www.theverge.com/2018/10/15/17980912/paul-allen-microsoft-cofounder-dies-65

 

CROSS HIM OFF THE LIST OF POTENTIAL BUYERS

So strange he was trying to buy the team knowing he would soon be dead.

[11Drogba 2,000]

9 minutes ago, Vesper said:

Microsoft co-founder Paul Allen dead at 65

https://www.theverge.com/2018/10/15/17980912/paul-allen-microsoft-cofounder-dies-65

 

CROSS HIM OFF THE LIST OF POTENTIAL BUYERS

So strange he was trying to buy the team knowing he would soon be dead.

He had cancer but he beat it before and a few weeks ago he said that he was going beat it again. Sad that he couldn't.

[Vesper 30,085]

Just now, 11Drogba said:

He had cancer but he beat it before and a few weeks ago he said that he was going beat it again. Sad that he couldn't.

I still want Jim Ratcliffe to buy us.

[the wes 7,212]

 

[Vesper 30,085]

Swiss Court Lifts Lid on Abramovich's Aborted Residency Bid

https://www.swissinfo.ch/eng/swiss-court-lifts-lid-on-abramovich-s-aborted-residency-bid/44493502

(Bloomberg) -- Switzerland’s top court lifted reporting restrictions on the reasons for Roman Abramovich’s failed bid for residency in the Alpine nation, rejecting the Russian billionaire’s claims that disclosure would damage his reputation.

The Supreme Court judges cited concerns raised by Swiss police that Abramovich was “suspected of money laundering” and had “presumed contacts with criminal organizations,” according to the text of the Sept. 21 decision released Tuesday. The owner of London’s Chelsea Football Club was seeking to keep the comments out of the public.

These would make his residency in the country “a threat for public safety” and also “a reputational risk for Switzerland,” according to the document. Abramovich, through his lawyer, denies allegations of money laundering and ties to criminal organizations made by the Swiss authorities.

Abramovich built his fortune from the sale of privatized assets acquired from the former Soviet Union, including Sibneft and Aeroflot. He’s worth an estimated $14.8 billion, based in part on his ownership in steelmaker Evraz and Norilsk Nickel, and is known for his close relations to Russian President Vladimir Putin.

Despite his enormous wealth, Abramovich hasn’t been seen in London since the U.K. government failed to renew his visa in the spring, amid a sharp deterioration in relations between London and Moscow.

snip

 

Has Anyone Seen Roman Abramovich? The Last Days of Londongrad

The Russian billionaire has avoided Britain for months and is preparing his finances to skirt the threat of American sanctions.

https://www.bloomberg.com/news/features/2018-09-25/has-anyone-seen-roman-abramovich-the-last-days-of-londongrad

In late August, as supporters of Chelsea Football Club assembled at Stamford Bridge stadium to watch their team beat London rival Arsenal, a group in the upper deck unfurled a 40-foot blue-and-red banner. “The Roman Empire,” it shouted, beside an image of the team’s owner, Russian billionaire Roman Abramovich. Just below, another banner trumpeted “15 Years, 15 Trophies.” Abramovich didn’t attend the game that day. In fact, he hasn’t been seen in London since the U.K. government failed to renew his visa in the spring, not long after it accused Russia of using a deadly nerve agent on British soil and relations between London and Moscow plunged into crisis.

Abramovich bought Chelsea out of near-bankruptcy in 2003 for £140 million (about $223 million at the time) and has since loaned the club more than £1.1 billion. Until he came along, Chelsea hadn’t won the top domestic trophy, the Premier League title, since 1955. His big spending changed all that and set off a kind of arms race in English football. In some ways, it was similar to the U.S. model: Buy talent, buy titles, and sell merchandise and media rights. But unlike owners of American sports teams, Abramovich didn’t seem bothered by racking up huge losses. (And he didn’t have to contend with caps on spending, until new rules came into force in 2010.) At the Arsenal game, Chelsea supporters taunted their rivals with the chant “We’ve won it all!” to which Arsenal fans sang in response, “You’ve bought it all!”

Chelsea fans still love their high-rolling owner, even as the U.K. government hits back at the Kremlin. Now Abramovich is mulling a sale of Chelsea, frustrated by his British visa problems and concerned about the potential fallout should the U.S. expand sanctions against wealthy Russians and target him. He’s already rejected bids for the club in excess of $2.3 billion—which would be a world-record price for a sports team—according to people familiar with the talks. Earlier this year, Abramovich hired Raine Group LLC, a merchant bank in New York, to advise on the possibility of a full or partial sale of the club. A person familiar with the discussions says Abramovich wants £3 billion. Abramovich’s representatives declined multiple requests for comment for this story and insisted all communication go through his lawyers, who also declined to comment.

With a $14.7 billion fortune derived from oil and metals, Abramovich holds his enormous wealth at the pleasure of Russian President Vladimir Putin, a status that’s put him in the crossfire of the Cold War 2.0 that’s been brewing. It’s not only his visa that’s been effectively stonewalled: In seeking ways to punish Putin, British officials appear to be slow-walking most Russian visa applications, according to immigration lawyers in London. At the same time, the government is scrutinizing the wealth of Russians using London as their base, and lawmakers have begun calling the influx of Russian cash a national security issue.

snip

[the wes 7,212]

Czech news outlet Tyden have broken the story that Petr Kellner wants to buy Chelsea.

https://www.101greatgoals.com/news/chelsea-takeover-talks-with-petr-kellner-the-richest-man-in-the-czech-republic/