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On ‎20‎-‎12‎-‎2019 at 11:43 PM, Vesper said:

The Business Of Soccer
2019 Club Valuations

RANKING

https://www.forbes.com/soccer-valuations/list/#tab:overall

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I just cannot stop laughing seeing City in 5th lol.......screams above fishy.

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CHELSEA FC FINANCIAL RESULTS

https://www.chelseafc.com/en/news/2019/12/31/chelsea-fc-financial-results

Chelsea FC plc today announced our annual financial results for the year ended 30 June 2019, reflecting an increase in revenue for the fourth year in succession.

The group turnover figure grew to £446.7m from £443.4m the previous year. After two profitable years in 2017 and 2018, the Group recorded a loss of £96.6m for the year ended 30 June 2019, reflecting a number of player acquisitions and its related costs, as well as a lack of Champions League football together with costs associated with the change of first team management.

Despite recording a loss for the 2019 financial year, the Club continues to comply with UEFA’s break-even criteria under the Financial Fair Play (FFP) regulations.

Revenue from commercial activities grew by £14.5m, following the signing of several partnership deals including Hyundai, Vitality Health, MSC Cruises, Unilever, Beats by Dre and Millennium & Copthorne Hotels, and increased revenues from online merchandise sales.

Broadcasting and matchday revenues decreased by £3.9m and £7.3m respectively, primarily as a result of the Club’s participation in the Europa League as opposed to the Champions League in the previous season.

The Club also invested a record £280.6m in the playing squad during the year, including the acquisitions of Kepa Arrizabalaga, Christian Pulisic, Mateo Kovacic and Jorginho.

Chairman Bruce Buck said: ‘Consistent revenue growth and careful financial management over recent seasons has allowed the Club to make significant levels of investment in the playing staff whilst maintaining compliance with UEFA Financial Fair Play regulations. This has contributed to another Europa League victory at the end of the 2018/19 season and a return to the highest level of European competition.

‘This solid commercial foundation, allied to a young and exciting team now led by Frank Lampard, means that the Club is well placed to sustain its pursuit of success both on and off the pitch as well as maintain its financial stability over the coming years.’

snip

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CHELSEA FC FINANCIAL RESULTS

https://www.chelseafc.com/en/news/2019/12/31/chelsea-fc-financial-results

Chelsea FC plc today announced our annual financial results for the year ended 30 June 2019, reflecting an increase in revenue for the fourth year in succession.

The group turnover figure grew to £446.7m from £443.4m the previous year. After two profitable years in 2017 and 2018, the Group recorded a loss of £96.6m for the year ended 30 June 2019, reflecting a number of player acquisitions and its related costs, as well as a lack of Champions League football together with costs associated with the change of first team management.
Despite recording a loss for the 2019 financial year, the Club continues to comply with UEFA’s break-even criteria under the Financial Fair Play (FFP) regulations.
Revenue from commercial activities grew by £14.5m, following the signing of several partnership deals including Hyundai, Vitality Health, MSC Cruises, Unilever, Beats by Dre and Millennium & Copthorne Hotels, and increased revenues from online merchandise sales.
Broadcasting and matchday revenues decreased by £3.9m and £7.3m respectively, primarily as a result of the Club’s participation in the Europa League as opposed to the Champions League in the previous season.
The Club also invested a record £280.6m in the playing squad during the year, including the acquisitions of Kepa Arrizabalaga, Christian Pulisic, Mateo Kovacic and Jorginho.
Chairman Bruce Buck said: ‘Consistent revenue growth and careful financial management over recent seasons has allowed the Club to make significant levels of investment in the playing staff whilst maintaining compliance with UEFA Financial Fair Play regulations. This has contributed to another Europa League victory at the end of the 2018/19 season and a return to the highest level of European competition.
‘This solid commercial foundation, allied to a young and exciting team now led by Frank Lampard, means that the Club is well placed to sustain its pursuit of success both on and off the pitch as well as maintain its financial stability over the coming years.’
snip
Hazard Money will be included in 2020 Financial results ?

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The loss is irrelevant but the stagnation in revenue is alarming if you look at how other big clubs around us grew. 14.5 growth on the commercial side indicates that we should invest more in building our brand globally. Also I would be interested in seeing how change in first team management affected the bottom line exactly as I would have thought that Sarris effective sale should have been cost neutral. 

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To boost revenues in the long-term, we would need a new stadium - when built it would translate into around additional 1million £ per game or 30£m per season (very approximately). Fairly significant anyway. But in the short to medium term, it would mean lack of large cash for transfers since cash will be partially used to pay back loans; as experienced by Arsenal and Spurs. And if it leads to missing champions league, it could turn out as a negative vicious circle. On the other hand, Stanford Bridge is dating, and supporters need better facilities, not to mention that demand for seats is larger than the current offer, which is frustrating for those wanting to attend games but can't do so. Maybe, one option is to start building the new stadium when we have a stable and competitive team for the next 3-5 years or so, leveraging our new talents from the academy, thereby requiring less cash to be invested into new expensive transfers. What we need now is 2/3 very experienced world-class players to strengthen the team. And then we are good. My guess is that this is the strategy of the Board. At least I hope so.

 

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Chelsea accounts show club paid out £26.6million over Conte sacking

https://www.fourfourtwo.com/news/chelsea-accounts-show-club-paid-out-ps266million-over-conte-sacking

Hacks

No other way to put it. They may be good on sponsorship deals, but if a human employee is involved (player, manager, other personnel, etc.) the outcome is far, far too often just shambolic.

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25 minutes ago, Special Juan said:

Massive lesson learned or at least should be.

You feel that Conte almost planned the result of this from the summer of 2017 when he was spitting his dummy out that Chelsea weren't getting the players he wanted and reprimanded him for his handling of Costa.

You'd like to think though that the club is learning. We have in recent years shown greater patience with Jose, Conte and Sarri through difficult periods where in the past others would have been sacked, which is hopefully a good sign for giving Lampard more time and patience to build this team back up.

The handling of Sarri's departure was far more improved also, as the easy choice would have been to simply let him go but ensuring we got compensation to at the very least cover Lampard and his staff was a step in the right direction from the Conte shambles.

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Chelsea accounts show club paid out £26.6million over Conte sacking

https://www.fourfourtwo.com/news/chelsea-accounts-show-club-paid-out-ps266million-over-conte-sacking
Hacks
No other way to put it. They may be good on sponsorship deals, but if a human employee is involved (player, manager, other personnel, etc.) the outcome is far, far too often just shambolic.


Happens when he had a good, longterm Contract. Chelsea should either have given him way less money or a shorter deal.
That is the price you have to play when you sack as much as we do

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5 hours ago, Superblue_1986 said:

You feel that Conte almost planned the result of this from the summer of 2017 when he was spitting his dummy out that Chelsea weren't getting the players he wanted and reprimanded him for his handling of Costa.

You'd like to think though that the club is learning. We have in recent years shown greater patience with Jose, Conte and Sarri through difficult periods where in the past others would have been sacked, which is hopefully a good sign for giving Lampard more time and patience to build this team back up.

The handling of Sarri's departure was far more improved also, as the easy choice would have been to simply let him go but ensuring we got compensation to at the very least cover Lampard and his staff was a step in the right direction from the Conte shambles.

We also got lucky Juve came calling for Sarii

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