Thor 2,730 Posted August 12, 2023 Share Posted August 12, 2023 8 minutes ago, Special Juan said: The deal has been agreed- we are sending documents this morning. Things go to plan Sir Romano should be saying the three words later today 👍🏻 Ca cei do - here we go - ca cei do Hamilton 1 Quote Link to comment Share on other sites More sharing options...
xPetrCechx 13,573 Posted August 12, 2023 Share Posted August 12, 2023 A relatively simple explanation because many have asked: Chelsea need something like £450m profit (could even be more) from 22/23 and 23/24 player trading to balance the allowable trading loss over the last 3 years (conservatively). I reckon they did around £100m player trading profit in 22/23 with around another £75m so far from Mount, Pulisic, PEA, Livermento sell on profit and Ampadu. Amortisation rises when you buy and does not fall if you sell a youth player for a pure profit. So Caciedo, Lavia and Olise will add not only, say, £35m of amortisation in 23/24 but also, say, £25m of wages. That’s more than the likely trading profit of selling Gallagher and Hudson Odoi although assume maybe £12.5m wage saving. But they needed that for the existing deficit before Caciedo etc. This leaves Chalabah and Broja as profit opportunities. Most of the rest are at best neutral in terms of profits - Ziyech could lose quite a lot, Kepa neutral, Cucurella has a book value so high he can’t be sold for profit, Sterling the same. So they are many £10s of millions short of break even under PL P&S in 23/24 even if they managed to just about comply in 22/23 (which I’m skeptical about too). Quote Link to comment Share on other sites More sharing options...
DDA 9,949 Posted August 12, 2023 Share Posted August 12, 2023 25 minutes ago, xPetrCechx said: A relatively simple explanation because many have asked: Chelsea need something like £450m profit (could even be more) from 22/23 and 23/24 player trading to balance the allowable trading loss over the last 3 years (conservatively). I reckon they did around £100m player trading profit in 22/23 with around another £75m so far from Mount, Pulisic, PEA, Livermento sell on profit and Ampadu. Amortisation rises when you buy and does not fall if you sell a youth player for a pure profit. So Caciedo, Lavia and Olise will add not only, say, £35m of amortisation in 23/24 but also, say, £25m of wages. That’s more than the likely trading profit of selling Gallagher and Hudson Odoi although assume maybe £12.5m wage saving. But they needed that for the existing deficit before Caciedo etc. This leaves Chalabah and Broja as profit opportunities. Most of the rest are at best neutral in terms of profits - Ziyech could lose quite a lot, Kepa neutral, Cucurella has a book value so high he can’t be sold for profit, Sterling the same. So they are many £10s of millions short of break even under PL P&S in 23/24 even if they managed to just about comply in 22/23 (which I’m skeptical about too). So what are you saying?? We are fucked? Quote Link to comment Share on other sites More sharing options...
xPetrCechx 13,573 Posted August 12, 2023 Share Posted August 12, 2023 4 minutes ago, DDA said: So what are you saying?? We are fucked? Haha... Maybe Bohely & Co doing all those deals because they sure Chelsea will get only fines and not punishments like transfer bans or bans from europe... Quote Link to comment Share on other sites More sharing options...
enzoforever 10 Posted August 12, 2023 Share Posted August 12, 2023 46 minutes ago, xPetrCechx said: A relatively simple explanation because many have asked: Chelsea need something like £450m profit (could even be more) from 22/23 and 23/24 player trading to balance the allowable trading loss over the last 3 years (conservatively). I reckon they did around £100m player trading profit in 22/23 with around another £75m so far from Mount, Pulisic, PEA, Livermento sell on profit and Ampadu. Amortisation rises when you buy and does not fall if you sell a youth player for a pure profit. So Caciedo, Lavia and Olise will add not only, say, £35m of amortisation in 23/24 but also, say, £25m of wages. That’s more than the likely trading profit of selling Gallagher and Hudson Odoi although assume maybe £12.5m wage saving. But they needed that for the existing deficit before Caciedo etc. This leaves Chalabah and Broja as profit opportunities. Most of the rest are at best neutral in terms of profits - Ziyech could lose quite a lot, Kepa neutral, Cucurella has a book value so high he can’t be sold for profit, Sterling the same. So they are many £10s of millions short of break even under PL P&S in 23/24 even if they managed to just about comply in 22/23 (which I’m skeptical about too). Where did the 450m figure come from? Quote Link to comment Share on other sites More sharing options...
YorkshireBlue 3,281 Posted August 12, 2023 Share Posted August 12, 2023 1 hour ago, Special Juan said: The deal has been agreed- we are sending documents this morning. Things go to plan Sir Romano should be saying the three words later today 👍🏻 Any news on lavia? Quote Link to comment Share on other sites More sharing options...
xPetrCechx 13,573 Posted August 12, 2023 Share Posted August 12, 2023 1 minute ago, enzoforever said: Where did the 450m figure come from? You can ask him 😁 Quote Link to comment Share on other sites More sharing options...
TheHulk 2,490 Posted August 12, 2023 Share Posted August 12, 2023 Just now, YorkshireBlue said: Any news on lavia? We should be hearing something any minute now. Quote Link to comment Share on other sites More sharing options...
Costa19 858 Posted August 12, 2023 Share Posted August 12, 2023 Some reports yesterday that Lavia was on his way to do the medical and if thats true we should absolutly get some news soon. Crazy if Papa B&E took it personal and went full super sayian mode and sign both Lavia and Caicedo Fernando 1 Quote Link to comment Share on other sites More sharing options...
Mhsc 1,101 Posted August 12, 2023 Share Posted August 12, 2023 10 minutes ago, xPetrCechx said: You can ask him 😁 He writes in the comments he’s sure our wages have barely improved and we are all dreaming if we think the players who are joining are agreeing much lower wages than those leaving. Guess he has an agenda. Am curious to see something written by someone with actual assumptions and numbers in table form included, this guy is just making bold statements with out showing his working. Fernando, NikkiCFC and Norfolkblue1961 2 1 Quote Link to comment Share on other sites More sharing options...
Mhsc 1,101 Posted August 12, 2023 Share Posted August 12, 2023 6 minutes ago, Costa19 said: Some reports yesterday that Lavia was on his way to do the medical and if thats true we should absolutly get some news soon. Crazy if Papa B&E took it personal and went full super sayian mode and sign both Lavia and Caicedo Personally the most believable story here is that Adams’ medical showed up he needs another 4 months of recovery, as some source on twitter posted. After that the subsequent panic for this double purchase begins to make sense, if we do indeed get both (I’m still kind of confused why we would want both unless we are moving to 4-3-3) Quote Link to comment Share on other sites More sharing options...
zinctek 470 Posted August 12, 2023 Share Posted August 12, 2023 7 hours ago, Vytis33 said: that made me laugh far more than it should have! Quote Link to comment Share on other sites More sharing options...
TheHulk 2,490 Posted August 12, 2023 Share Posted August 12, 2023 Fernando and xPetrCechx 1 1 Quote Link to comment Share on other sites More sharing options...
Nero 1,875 Posted August 12, 2023 Share Posted August 12, 2023 (edited) 16 minutes ago, TheHulk said: What do they all see in Kepa? But please go ahead, take him. Edited August 12, 2023 by Nero Quote Link to comment Share on other sites More sharing options...
Pizy 18,961 Posted August 12, 2023 Share Posted August 12, 2023 Good lord, STILL no further news as I wake up?! xPetrCechx 1 Quote Link to comment Share on other sites More sharing options...
TheHulk 2,490 Posted August 12, 2023 Share Posted August 12, 2023 Lavia doesn't want to come I think. Quote Link to comment Share on other sites More sharing options...
Pizy 18,961 Posted August 12, 2023 Share Posted August 12, 2023 So before it was Lavia being excited about coming to Chelsea and was prepared to sign a massively long contract. Now it’s Lavia hasn’t even had contact with us and still only wants Liverpool. From literally the same reporter? Seems like today will be another chaotic day. Thursday night everything looked to be in Liverpool’s favor, all day yesterday it switched 180 degrees towards us, and now I wake up and check Twitter to see reports that Lavia is still more likely for Liverpool and Caicedo to Liverpool is very much still possible. Quote Link to comment Share on other sites More sharing options...
xPetrCechx 13,573 Posted August 12, 2023 Share Posted August 12, 2023 ❗️Excl. News #Kepa: He is close to reject FC Bayern as there was the feeling for the club that he wanted to join them. But there were no agreements as reported. ➡️ Kepa, NOW on verge to join @realmadrid to replace Courtois. Bayern informed. @SkySportDE 🇪🇸 Quote Link to comment Share on other sites More sharing options...
xPetrCechx 13,573 Posted August 12, 2023 Share Posted August 12, 2023 Real Madrid have now contacted Kepa’s camp — discussions are ongoing with player keen on the move, Kepa open to joining Real even on loan. 🚨⚪️ Bayern, informed — as @Plettigoal reported. Real are working to understand the final formula of the deal wanted by Chelsea. https://t.co/7loYZ9nyi9 — Fabrizio Romano (@FabrizioRomano) Quote Link to comment Share on other sites More sharing options...
Thor 2,730 Posted August 12, 2023 Share Posted August 12, 2023 People shitting on new management yet they’ve come in and cleared out all the deadwood y’all wanted. Wild that some of you complain so much. Fernando and Muzchap 2 Quote Link to comment Share on other sites More sharing options...
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