Roman Abramovich Thread

[cosmicway 1,333]

1 minute ago, Fulham Broadway said:

All very true - basically its beyond our control, some one is buying a business to make a profit. It depends if that desire for profit supercedes success for the club. Some billionaires - ala Bristol City are quite happy to have the club ticking over and just make money. eg Mike Ashley. We wont get another Roman, so yes some of the recent fans will suddenly support Man City, Liverpool - who want to bathe in glory, we'll support Chelsea through thick and thin - and i have a feeling theres a substantial lot of fans that will let the new owners know if they're taking us for a ride. It'll give the press more ammunition to bash Chelsea.

Ha'.
If he wants to make a profit then it's worse than public ownership.
In such cases we see teams making a spectacular trajectory and then slide backwards for years.

[Superblue 6,372]

1 hour ago, Fulham Broadway said:

All very true - basically its beyond our control, some one is buying a business to make a profit. It depends if that desire for profit supercedes success for the club. Some billionaires - ala Bristol City are quite happy to have the club ticking over and just make money. eg Mike Ashley. We wont get another Roman, so yes some of the recent fans will suddenly support Man City, Liverpool - who want to bathe in glory, we'll support Chelsea through thick and thin - and i have a feeling theres a substantial lot of fans that will let the new owners know if they're taking us for a ride. It'll give the press more ammunition to bash Chelsea.

If you were getting a football club on the cheap then maybe but we're set to sell as the most expensive sports team in history. I struggle to believe that anyone prepared to purchase us for such a price will be happy to just have us ticking over.

I think certainly for the Americans looking to buy us, we'll be viewed as a long term purchase. The stadium is a must for being able to drive revenue's in the future but I also believe the American's still see huge market opportunities with the Premier League, especially its exposure and marketability in the US. Who is to say that buying a Premier League club now is still 'early days' as an investment opportunity for more growth. We don't know how far the Premier League as a brand can continue to grow but so far it still continues to do so.

I think anyone who comes in to buy the club should and would be given some time by fans. I think there will be a natural appeasement initially just by someone coming in and releasing us of these sanctions, especially if they can get this purchase done quickly and get match-going fans back into our matches.

I think there are a few things which can be done pretty swiftly to get some good PR. Making sure Tuchel is secure in his post, tying down Rudiger (I'd also get Azpi signed up at this point too for now), arranging some positive discussions with the CST and CPO (relieving the CPO loan would be a nice gesture), public confirmation of continued support and investment in the academy and women's team.

Some decent momentum can be built up by anyone coming in before the summer transfer window.

[Fernando 6,484]

Report: Premier League Clubs Want to See Chelsea & Roman Abramovich Investigation Over Debt Clearing

Under current Premier League rules, the owners are only allowed to put in £90m over three years and anything in excess of that is treated as a debt.

 

"So, if Chelsea’s owner had written off the £1.5bn debt it would likely then become a £1.5bn debt for Profit and Sustainability accounting purposes.

 

"Things are made more complicated by the government sanctions, which are likely to mean Roman Abramovich can neither write off the debt or be paid it.

 

"Unless the government relaxes the sanctions, anyone who buys Chelsea isn’t allowed to pay back the debt to Roman Abramovich. 

 

"But if that means that Chelsea gets an unfair advantage under the Profit and Sustainability rules because of government sanctions, it’s still an unfair advantage."

https://www.si.com/soccer/Chelsea/news/report-premier-league-clubs-want-to-see-Chelsea-roman-abramovich-investigation-over-debt-clearing

 

 

 

[cosmicway 1,333]

1 hour ago, Superblue_1986 said:

If you were getting a football club on the cheap then maybe but we're set to sell as the most expensive sports team in history. I struggle to believe that anyone prepared to purchase us for such a price will be happy to just have us ticking over.

I think certainly for the Americans looking to buy us, we'll be viewed as a long term purchase. The stadium is a must for being able to drive revenue's in the future but I also believe the American's still see huge market opportunities with the Premier League, especially its exposure and marketability in the US. Who is to say that buying a Premier League club now is still 'early days' as an investment opportunity for more growth. We don't know how far the Premier League as a brand can continue to grow but so far it still continues to do so.

I think anyone who comes in to buy the club should and would be given some time by fans. I think there will be a natural appeasement initially just by someone coming in and releasing us of these sanctions, especially if they can get this purchase done quickly and get match-going fans back into our matches.

I think there are a few things which can be done pretty swiftly to get some good PR. Making sure Tuchel is secure in his post, tying down Rudiger (I'd also get Azpi signed up at this point too for now), arranging some positive discussions with the CST and CPO (relieving the CPO loan would be a nice gesture), public confirmation of continued support and investment in the academy and women's team.

Some decent momentum can be built up by anyone coming in before the summer transfer window.

So we owe it and have to pay back in 2199 (if Abramovitch plays ball that is).

[MoroccanBlue 5,318]

9 minutes ago, Fernando said:

Report: Premier League Clubs Want to See Chelsea & Roman Abramovich Investigation Over Debt Clearing

Under current Premier League rules, the owners are only allowed to put in £90m over three years and anything in excess of that is treated as a debt.

 

"So, if Chelsea’s owner had written off the £1.5bn debt it would likely then become a £1.5bn debt for Profit and Sustainability accounting purposes.

 

"Things are made more complicated by the government sanctions, which are likely to mean Roman Abramovich can neither write off the debt or be paid it.

 

"Unless the government relaxes the sanctions, anyone who buys Chelsea isn’t allowed to pay back the debt to Roman Abramovich. 

 

"But if that means that Chelsea gets an unfair advantage under the Profit and Sustainability rules because of government sanctions, it’s still an unfair advantage."

https://www.si.com/soccer/Chelsea/news/report-premier-league-clubs-want-to-see-Chelsea-roman-abramovich-investigation-over-debt-clearing

 

 

 

Worlds smallest violin please. 

[Superblue 6,372]

7 minutes ago, Fernando said:

Report: Premier League Clubs Want to See Chelsea & Roman Abramovich Investigation Over Debt Clearing

Under current Premier League rules, the owners are only allowed to put in £90m over three years and anything in excess of that is treated as a debt.

 

"So, if Chelsea’s owner had written off the £1.5bn debt it would likely then become a £1.5bn debt for Profit and Sustainability accounting purposes.

 

"Things are made more complicated by the government sanctions, which are likely to mean Roman Abramovich can neither write off the debt or be paid it.

 

"Unless the government relaxes the sanctions, anyone who buys Chelsea isn’t allowed to pay back the debt to Roman Abramovich. 

 

"But if that means that Chelsea gets an unfair advantage under the Profit and Sustainability rules because of government sanctions, it’s still an unfair advantage."

https://www.si.com/soccer/Chelsea/news/report-premier-league-clubs-want-to-see-Chelsea-roman-abramovich-investigation-over-debt-clearing

 

Just to put some context on this, I haven't seen any complaints over City's owners converting so far around £1.4bn of debts into equity to keep their balance sheets looking healthy and 'sustainable'.

There should be no reason why either (a) Roman can't do this himself prior to the sale, or (b) the £1.5bn of debt is included as part of the sale agreement (so £1bn for the club and £1.5bn to cover the debt). As mentioned a few times there's no way the club is worth £2.5-3bn and still hold a £1.5bn debt. If the debt were to remain, then the club should be sold for around £1bn and then the debt is paid off once sanctions on Roman are lifted.

I don't understand these arguments, they make no sense whatsoever. 

[Blues Forever 1,232]

 

[Blues Forever 1,232]

 

[Superblue 6,372]

Whilst I think the Broughton and Candy bids mean well, they very much seem like heart ruling head and both seem to be a bit of a scramble in terms of putting together the finance for a bid. 

Something as rushed as this - is it suitable for a circa £2.5bn bid for a football club?

I still feel at the moment, the Ricketts and Boehly bids are the most solid and almost certainly well thought and mapped out as both have bid before and therefore must have done significant due diligence before.

[Pizy 18,418]

7 minutes ago, Superblue_1986 said:

Whilst I think the Broughton and Candy bids mean well, they very much seem like heart ruling head and both seem to be a bit of a scramble in terms of putting together the finance for a bid. 

Something as rushed as this - is it suitable for a circa £2.5bn bid for a football club?

I still feel at the moment, the Ricketts and Boehly bids are the most solid and almost certainly well thought and mapped out as both have bid before and therefore must have done significant due diligence before.

Same feeling I get. Candy seems like a total fam whore who’s using this opportunity to get his name out there as much as possible to make him seem like a big time player. Almost seems like a kid playing with his daddy’s money.

[OhForAGreavsie 5,898]

12 hours ago, Superblue_1986 said:

I don't understand these arguments, they make no sense whatsoever.

👏

[Blues Forever 1,232]

 

[Superblue 6,372]

1 hour ago, Blues Forever said:

 

As said previously, I was pretty certain there would be one or two bids that would come out after the bidding process that had not been reported at all previous.

This looks like it could be a pretty serious contender on its face value.

[Mário César 996]

6 minutes ago, Superblue_1986 said:

As said previously, I was pretty certain there would be one or two bids that would come out after the bidding process that had not been reported at all previous.

This looks like it could be a pretty serious contender on its face value.

and its a good one?

[ZAPHOD2319 4,518]

It would be nice to have this wrapped up before the Int Break is over. Contracts and recruiting.are going to start being a real factor

[Vesper 29,019]

If the cunt RW yank Woody Johnson buys us, he will destroy the club, just like he has destroyed the NY Jets

I will just lose my fucking mind if he ends up the winner of the auction

he is also a Trump nut-cupper supreme

Woody Johnson: ‘Brits should take inspiration from Trump. He has a winning formula’

https://www.thetimes.co.uk/article/woody-johnson-interview-brits-should-take-inspiration-from-trump-he-has-a-winning-formula-9sk0qzc8k

🤢

Edited March 21, 2022 by Vesper

[Fernando 6,484]

What happen to the Saudi Bid?

I thought they was the richest out of all them? 

[Pizy 18,418]

Either Woody Johnson or the Ricketts family would be the end of Chelsea as a consistent force at the highest level. We will become an Arse or a Spuds entering every season with an outside hope of 4th place if everything goes right and someone else has a poor season.

Any of the other consortiums I have more faith in.