Baggio Posted January 13, 2009 Share Posted January 13, 2009 Bayern Munich general manager Uli Hoeness claims he has heard rumours that Chelsea are up for sale as the financial crisis threatens to affect English football. Hoeness believes the level of spending from the top Premier League clubs was not sustainable and it will allow Bundesliga sides to take advantage in Europe and in terms of dealing with any fall-out. The 57-year-old says the weak pound is going to have a massive impact on the transfer market in the coming months. "I hear rumours that this club [Chelsea] would be up for sale," he told the Frankfurter Allgemeine Sonntagszeitung. "Allegedly, it was for one euro. But if you will have to take on 800 or 900 million euros in debt, it will be difficult to find someone. "I hear the players in England are already mourning because of the weak pound, which has lost 30 percent of its value. Most now have quite a loss. "Take for example, in England, West Ham United with the Icelandic investor who has lost his money. As the lights go out, this is as safe as the Amen in the church [certain that the conclusion is bleak]. And, in Liverpool, a new stadium will not be built. "This is really only the beginning. The banks will finance this whole insanity no more. "We do not need an investor or the bank to ask if we want to strengthen. We have perfect conditions and full coffers. "There are signs that the megalomania in England, Italy or Spain can no longer hold out. The others, who have spent hundreds of millions each year, will be quite sustained. "The distance to them will be smaller. Here, I see a great opportunity for German football and especially for the top clubs." Chelsea have insisted that owner Roman Abramovich remains totally committed to the project at Stamford Bridge. http://www.setanta.com//uk/Articles/Football/2009/1/13/Bundesliga-Hoeness-on-Chelsea/gnid-35220/ Link to post Share on other sites More sharing options...
TRon Posted January 13, 2009 Share Posted January 13, 2009 Abramovich is looking for the exit. He's not spending any more and hasn't been for some time now. The end is nigh and it couldn't happen to nicer club (snigger). Link to post Share on other sites More sharing options...
relámpago blanco Posted January 13, 2009 Share Posted January 13, 2009 Abramovich is looking for the exit. He's not spending any more and hasn't been for some time now. The end is nigh and it couldn't happen to nicer club (snigger). You say that but whats the betting some Arab Billionaire will buy them and they'll be as rich as Man City. I'm sure DIC and Abu Dhabi want to try and out do each other, DIC haven't found a club yet and it could have been us had Ashley been bothered to attend the meeting. Link to post Share on other sites More sharing options...
Guest The Libertine Posted January 13, 2009 Share Posted January 13, 2009 he's bored apparently. wants out sooner rather than later. Link to post Share on other sites More sharing options...
M4 Posted January 13, 2009 Share Posted January 13, 2009 Funny how so many people in the game were saying back in 2005ish that "this Chelsea dynasty will probably last for 10-15 years". Link to post Share on other sites More sharing options...
dustynrg Posted January 13, 2009 Share Posted January 13, 2009 Funny how so many people in the game were saying back in 2005ish that "this Chelsea dynasty will probably last for 10-15 years". yeh but nobody saw the financial hurricane around the corner...... Link to post Share on other sites More sharing options...
NG32 Posted January 13, 2009 Share Posted January 13, 2009 :colo: Link to post Share on other sites More sharing options...
cp40 Posted January 13, 2009 Share Posted January 13, 2009 wonder if he fancies a move north? Link to post Share on other sites More sharing options...
Dinho lad Posted January 13, 2009 Share Posted January 13, 2009 Cool. Link to post Share on other sites More sharing options...
NG32 Posted January 13, 2009 Share Posted January 13, 2009 wonder if he fancies a move north? Roman, i doubt it. He went screaming to the Kremlin for cash to help sort his shit out. Link to post Share on other sites More sharing options...
Guest Edd Posted January 13, 2009 Share Posted January 13, 2009 It was always just a matter of time. Link to post Share on other sites More sharing options...
cp40 Posted January 13, 2009 Share Posted January 13, 2009 wonder if he fancies a move north? Roman, i doubt it. He went screaming to the Kremlin for cash to help sort his shit out. i was thinking, about The N-O blues, he could buy us a ball. Link to post Share on other sites More sharing options...
NG32 Posted January 13, 2009 Share Posted January 13, 2009 I dont think he will be spending much money on football anymore. Link to post Share on other sites More sharing options...
gray Posted January 13, 2009 Share Posted January 13, 2009 I dont think he will be spending much money on football anymore. Aye his gas bill's just gone up Link to post Share on other sites More sharing options...
Yorkie Posted January 13, 2009 Share Posted January 13, 2009 Regardless of whether or not this is true, it was/is bound to happen at some point, and the club really could go either way when it does. Link to post Share on other sites More sharing options...
NG32 Posted January 13, 2009 Share Posted January 13, 2009 I dont think he will be spending much money on football anymore. Aye his gas bill's just gone up Link to post Share on other sites More sharing options...
Benwell Lad Posted January 13, 2009 Share Posted January 13, 2009 A lot of truth and inevitability in what old Uli is spouting there in finest Ginglish. One things certain - it aint ever gonna be the same as it was and 5 years from now the English Premier League will have a very different look about it. Link to post Share on other sites More sharing options...
rocksammy Posted January 13, 2009 Share Posted January 13, 2009 id buy the club for a pound and take on all the debt sell everything they have and make me some hoolah hoop Link to post Share on other sites More sharing options...
ChezGiven Posted January 13, 2009 Share Posted January 13, 2009 A lot of truth and inevitability in what old Uli is spouting there in finest Ginglish. One things certain - it aint ever gonna be the same as it was and 5 years from now the English Premier League will have a very different look about it. Theres a lot of 'willing it to be true' too. He sounds just like the German finance minister willing the British economy to fail. Quite typical of the Germans actually, I was in Berlin most of last week and one of the big discussions was how much the NHS is on German telly, with them saying how thats falling apart too. A pattern emerging? Link to post Share on other sites More sharing options...
Syrette Posted January 13, 2009 Share Posted January 13, 2009 €1? I could probably afford that. Anyone want to join me? Link to post Share on other sites More sharing options...
ChezGiven Posted January 13, 2009 Share Posted January 13, 2009 €1? I could probably afford that. Anyone want to join me? The debt may be an issue. Link to post Share on other sites More sharing options...
TRon Posted January 13, 2009 Share Posted January 13, 2009 1? I could probably afford that. Anyone want to join me? The debt may be an issue. Best not mention that within earshot of the NUSC, according to their wisdom, going into debt is the way forward. Link to post Share on other sites More sharing options...
Dokko Posted January 13, 2009 Share Posted January 13, 2009 I doubt Chelsea are 800 or 900 million euros in debt. It will be a decent size if he's put it all on a tab that the club owe him, but not that big surely? Link to post Share on other sites More sharing options...
Guest lessthanlee Posted January 13, 2009 Share Posted January 13, 2009 1? I could probably afford that. Anyone want to join me? The debt may be an issue. here you go... http://www.oceanfinance.co.uk/loans/debt-consolidation.asp Link to post Share on other sites More sharing options...
Mistle17 Posted January 13, 2009 Share Posted January 13, 2009 Considering Romans losses reported this year, Im not surprised he wants to bail out. But taking into account the massive debt surrounding Chelsea I'd be surprised if anyone wanted it. Ultimately though, I think Abromavich has just gotten bored of his toy. Link to post Share on other sites More sharing options...
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