I don’t see how. I can’t fathom what their business model is. It appears that they are paying ludicrous transfer fees and wages for no other reason than stopping us signing players. Unless those players progress to be genuinely world-class players they are never going to recoup the fees and they will be paying wages to some of those players into the next decade.
We have had players who have had limited input due to ongoing injury issues and have been able to move them on cheaply or simply let their contracts expire. Even just playing the numbers game Chelsea will end up with some financial dead-weights that they are stuck with.
Other than another sports-washing venture, who is going to want to buy into that?
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But how many of them are BIG clubs
Brighton CEO Paul Barber on Caicedo choosing Chelsea: “Liverpool’s a fantastic football club. For any footballer to have the chance to play at Liverpool, you’d imagine that they’d be running up the M6 but it wasn’t to be. Moisés and his advisors decided for whatever reason that London was their preferred destination, and ultimately Chelsea.
“In that situation we’re in a difficult position; we’ve negotiated a British record deal deal and spent several days working with Liverpool - who were were professional throughout.”
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John Aldridge on Moises Caicedo: "As soon as he said he wanted to go to Chelsea over Liverpool, I didn’t want him at all.
"The owners have had some stick in recent times, but they have clearly got money to spend.
"𝐖𝐞 𝐚𝐫𝐞 𝐟𝐚𝐫 𝐛𝐢𝐠𝐠𝐞𝐫 𝐭𝐡𝐚𝐧 𝐂𝐡𝐞𝐥𝐬𝐞𝐚 𝐰𝐢𝐥𝐥 𝐞𝐯𝐞𝐫 𝐛𝐞.
“This has not hurt me like when Torres left us to go there, that was awful and hard to stomach. Going to Chelsea? When I was at Oxford United, we beat them three times in the space of four months. They have bought their way to where they are.” #LFC
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Suppose it bodes well to have good relations with some team.
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Is this correct at all?? All clubs can do this?
I wouldn’t spend 5 seconds giving that shit the satisfaction of a click maybe you can explain what “it” is?
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Amortization!
Chelsea’s £800m spend over last 3 windows is divided by the 5 years of spreading the cost allowed under PL rules to show an annual spend of about £150m.
Meanwhile they’ve sold about £300m of players this window which they book as an immediate profit, so they are currently up £’s.
The issue is how they can make up for that £150m next season and beyond - they will need to keep selling players and/ or increase other revenues.
We could do similar but rarely sell and are reluctant to gamble the clubs future. Either Boehly doesn’t mind the risks or genuinely believes there is more cash out there that Chelsea are currently leaving on the table.
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It’s even more pronounced than that as the amortization period being capped at 5 years wasnt introduced as a rule until they had finished their 600m spending spree last season and you cannot apply those rules retrospectively. That saves them nearly 10m a year in year to year booked expenses on Enzo alone (105 m over 9 years vs 5years vs treating it as a one time cost).
This amortization trick and the fact they had a good amount of FFP room when Bohley came in (prior 3 year net spending on transfers of only about 5 mil a year). Factor in the new rules that allow an owner to cover losses of up to (I think) 30m year and that explains how they have been able to spend in the short term. Also, at least this summer that is further boosted by the sales that even after Caicedo is only at a pretty typical losst. The issue is how it impacts them moving forward. Just from last year’s spending alone they have about 75m in expenses committed to their books every year for the next 8 years before they even start. This summer’s spending is going to put at least 60m on that. So moving forward for the next 5 years that is a whole Coutinho to Barca they already have on their books as a transfer expense before they even think about adding anyone new.
They obviously think there is a line of revenue to tap into somewhere to balance this, but I dont know where he thinks this is. Keep in mind that Chelsea already do fantastically well from raising revenue from their own players (the sales and Guehe and Tomori are the primary reason they were so close to break even over the past 3 years) that the idea that is somewhere there is huge room for improvement seems fanciful.
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This was posted in response to Jordan’s claims
https://twitter.com/slbsn/status/1691110880816050176?s=20
Don’t know if correct as the whole saga is a nightmare 
Jordan was obviously going by back of the envelope numbers rather than specifics but his general points are basically accurate.
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My suspicion is that Chelsea will prove to be in compliance, but only just. They clearly needed some give and take from Brighton to make a bid larger than ours work. If that is the case, they would need to balance any further signings with additional revenue and/our outgoings. It was fairly clear that their compliance position had been significantly improved by the exodus to Saudi Arabia.
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Which is the worst thing about it. We get a little bump from our sales that we think will allow us to do something interesting, but the Saudi money has had the biggest effect on rescuing bad spenders (Utd, PSG, Chelsea) meaning the impact of extra revenue is blunted and they dont have to suffer the consequences (yet) of their previous bad decisions causing them to learn no lessons.
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Meanwhile, somewhere in a meeting room at Carrington, an earnest discussion of why the Saudis haven’t bid on Maguire is ongoing…
Willy nilly manager changes, massive spending. Did Roman even leave?
or the third bit, is the penalty for FFP is a financial fine. Big fucking deal, it’s a luxury tax at that point. until the penalty is docked points or relegation it won’t be a deterrent.
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fuel prices are at an all-time high. $2/liter here. you think their wealth is running out? 
Not to mention the fact that their known reserves are going to last for decades, if not a century.
Remember when they signed Nonni Madeuke last season and he had probably the best season of any of their new signings. Now they’re replacing him.
Wonder who replaces Olise next season.
