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John Terry


DavidEU
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1 hour ago, anaoeeva said:
Hi everyone!
 
First of all I am totally aware that this is not the appropriate thread to be posting this, please direct me to a more adequate one.
 
I am Portuguese and I am currently elaborating my masther thesis in Management, and my subjet is related to foreign investment in football. I would like to study Chelsea, but I can't find the clubs Financial Reports, can anyone help me? Where are they stored? I would need the reports since 2003 (that was when Abramovich acquired the club right?)
 
I would appreciate any help, seriously! Thanks a lot guys and sorry again for posting this on this thread.

Try contacting the club

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3 hours ago, CHOULO19 said:

But that's the thing, it doesn't equate that at all because the fee is amortized. I'm too sleepy to give a practical example but see how FFP costs are calculated here to get an idea of what I mean: http://weaintgotnohistory.sbnation.com/2014/10/16/6968855/chelsea-ffp-database 

I understand amortisation perfectly well and it makes not the slightest difference to the logic here Chou.

If we are not paying wages and amortised fee for a new CB over, say, four years, starting in July this year, then we'll be doing that starting in July next year. Such a player will very likely be needed and so the money will have to be spent, and accounted for, at some time. In any case, amortisation is just an accounting practice. It almost never reflects real cash flows. The real amount of money leaving one club's bank account and arriving in another's also has to be budgeted. You sign a player this year or next year, he still has to be paid for.

For example, I imagine we are still showing the last dribbling of Mikel Jon Obi's transfer fee on our FFP accounts despite the fact that United and Lyn Oslo danced off into the night with their swag many moons ago. (Not sure how much of their booty Lyn got to keep by the time the legal processes worked themselves out.)

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@CHOULO19 and the above payment argument:

I'd say that John Terry's maximum wage will NOT be £60k/week - that will be his basic pay. He will have lots of bonus clauses - 10, 20, 30 appearances etc that will substantially increase a payout, as well as trophies won etc...

I really want JT to stay and I've thought he would for the last 2 months, but now it's time for him to put his money where his mouth is - he thinks he can play for 2 more years, if he's right then he will fight his way back into the team, trigger these clauses and in all likelihood earn something similar to what he has this season. I personally think he will, especially when Zouma  returns from injury and that solid legs-brains partnership can make a return. Hell, if Roy had half a cajone he'd be training with England right now. People think they know more than the manager on here - scream for x manager's head for selecting Brana at right back, but when the alternative is played they realise why he was being played there - and similarly every manager would rather select half fit JT  over Ivanovic at CB.

 

I personally think it's Ivanovic who will be sold this summer.

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For me if the club have offered £60k per week is reasonable. Yes it's a huge pay cut but if you take out China, the Middle East and the MLS (which apparently isn't an option for him) which all would involve a huge up-root of his young family and massive cultural changes, he will not get big money anywhere else. Lot's of players by Terry's age or even younger start moving to smaller clubs or even down the divisions, and will be paid a fraction of what they were being paid at their peak. It's easy to say the argument 'who would ever accept a 60-70% pay cut' but where else would you get rewarded by doubling or trebling your money for 6-12 months good work and performance. Football is so volatile you cannot compare it to anything else.

With regards to Terry, in his last long term contract he was being paid approx £170k per week and was our highest paid player (this following City wanting to buy him). Now I'm not saying he's not a legend or one of our best players, but he was being paid more than the likes of Cech, Lampard and Drogba who it can be argued were just as, if not more vital than him to the team at the time.

During this time he must have been the highest paid defender in the world too (or very close). However since that point only Ancelotti's first season and last season you could argue he was at the top of his game and justifying such a wage as one of the best defenders in world football. A lot of his legendary status is actually built prior to this period. And that is the biggest problem the club has, that his last contract was way over the odds for what we should have paid him and now bringing him in line where he should be now was always going to create such a problem.

If he stayed on a wage of £100 - 120k per week, he would still be in or around the top 5-10 paid defenders in the world. He is nowhere near that level anymore and Chelsea cannot justify paying him such a wage on that basis. It also creates potential problems going forward. If Zouma comes back to full fitness and form and becomes first choice but is paid a fraction of what Terry is who isn't playing, he'll want a bigger contract. Same for any of the younger players if they start pushing ahead of Terry in the pecking order. Someone who looks like he will not be first choice next season cannot be paid such a huge wage.

As some have said I would expect such a contract to be heavily incentive based so that if Terry is in the team, playing well and the team is winning, then the bonuses on top of his basic will probably get him closer to the £100k per week bracket.

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The decision has been taken following the appointment of Antonio Conte as the club’s new manager last month, and consultation between Terry, Conte, the owner and the board.

 

Conte making fans happy already :)

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