The Board

[sainttourist 68]

It all sounds great, and there is no doubt club do great business. Hope from now on it continues, and, with success on the pitch, we also raise revenues significantly. It's obviously to keep our top players and add new we have to grow profits to meet FFP rules.

So that part is a little bit worried -

"With revenues of £433.2 million, the increases have been easily afforded by United, as is the case for Arsenal, whose added spending for this current season is more than covered by a new kit deal with Puma that is worth £150 million over five years. Chelsea, largely due to their more limited matchday revenues at Stamford Bridge, are simply unable to significantly drive up their wages and also remain within Uefa’s FFP guidelines."

[xPetrCechx 13,570]

It all sounds great, and there is no doubt club do great business. Hope from now on it continues, and, with success on the pitch, we also raise revenues significantly. It's obviously to keep our top players and add new we have to grow profits to meet FFP rules.

So that part is a little bit worried -

"With revenues of £433.2 million, the increases have been easily afforded by United, as is the case for Arsenal, whose added spending for this current season is more than covered by a new kit deal with Puma that is worth £150 million over five years. Chelsea, largely due to their more limited matchday revenues at Stamford Bridge, are simply unable to significantly drive up their wages and also remain within Uefa’s FFP guidelines."

We need bigger stadium!

[BlueLyon 9,359]

Would new stadium realy bring us that more money? I mean, we would have to spend big time on construction first and still, we probably wouldnt have more than 60k seater, which is not THAT much more than we have now...

And obvious question where to build new stadium...

Wouldn be better if we just sign a realy good sponsor contract or maybe even several new contracts like Manu did with Dhl, aon and chevrolet?

[Term-X 7,891]

Would new stadium realy bring us that more money? I mean, we would have to spend big time on construction first and still, we probably wouldnt have more than 60k seater, which is not THAT much more than we have now...

And obvious question where to build new stadium...

Wouldn be better if we just sign a realy good sponsor contract or maybe even several new contracts like Manu did with Dhl, aon and chevrolet?

The money spent on a new stadium would be exempt from FFP.

[BlueLyon 9,359]

The money spent on a new stadium would be exempt from FFP.

I thought all is included...

[Term-X 7,891]

I thought all is included...

Stadium upgrades, new stadiums, youth facilities/academy etc are essentially not accounted for in FFP.

'A key additional feature of FFP is that long term investment in assets, such as a stadium, not only diversifies and increases the sources of club revenue, but also means a significant portion of the upfront costs do not get taken into account in the calculation.'

[CHOULO19 24,332]

I thought all is included...

Used to think so too, but I looked it up when there was talk of a new stadium, and all expenses on facilities and youth academies are excluded.

[robsblubot 3,595]

Chelsea, and talkchelsea, are the only ones who care about FFP rules.

Yes Jose is making noise about it, but the fact is until penalties become meaningful, abiding by the FFP rules can become a disadvantage.

[Fulham Broadway 17,299]

A lot of praise for the suits so far. However, which ever way you cut it, they would have had the ultimate yay or nay over Lampard staying or going.

They made a major wrong decision imo.

[zolayes 14,489]

A lot of praise for the suits so far. However, which ever way you cut it, they would have had the ultimate yay or nay over Lampard staying or going.

They made a major wrong decision imo.

We also need a 55000 + stadium

[Nike 373]

Chelsea is lucky to have a good board....

Look at the midtable team...

Llalana =31m

Lovren= 25m

Markovic=25m

Moreno=18m

Mario=20m

Can=12m

Origi= 12.6m

Lambert 5.5m

Midtable team with their midtable board....

let's not forget Sakho, Tiago, Aspas, luis alberto, mignolet

[Myself 793]

Chelsea is lucky to have a good board....

Look at the midtable team...

Llalana =31m

Lovren= 25m

Markovic=25m

Moreno=18m

Mario=20m

Can=12m

Origi= 12.6m

Lambert 5.5m

Midtable team with their midtable board....

let's not forget Sakho, Tiago, Aspas, luis alberto, mignolet

actually Can, Moreno and Lallana could turn out to be very good transfers

[Tomo 21,751]

As much as the board deserve credit for pulling the recent deals off, it's clear Jose really pushed them into making it happen.

[xPetrCechx 13,570]

Chelsea become first Premier League club to adopt living wage

Chelsea have become the first Premier League club to adopt the living wage.

The Premier League leaders on Thursday announced they had been accredited by the Living Wage Foundation and, from January, will pay all directly employed members of staff the living wage as a minimum - currently £9.15 an hour in London or £7.85 an hour outside of the capital.

The national minimum wage is £6.50 an hour, but the living wage is an hourly rate set independently and updated annually, calculated according to the basic cost of living in the UK.

Chelsea chairman Bruce Buck said on chelseafc.com: "As a responsible employer we are proud of this significant achievement for the club.

"We believe the move to the living wage underlines our commitment to ensuring that all our employees receive a fair rate of pay for their hard work and dedication. Quite simply it is the right thing to do."

http://www.itv.com/news/2014-12-11/chelsea-become-first-premier-league-club-to-adopt-living-wage/

[Fulham Broadway 17,299]

Rumours Bruce Buck is on the way out.

Started off spouting hes ''one of us'', but became apparent just Romans Yes man.

I will never forget the Fat sack of Shit unveiling and him saying he was the ''next level''