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Guess this lot are to blame for throwing all the cash around- probably never had it so good at previous jobs!

 

“Laurence Stewart arrived from AS Monaco as Technical Director, Joe Shields from Southampton as Co-Director of Recruitment and Talent and Paul Winstanley from Brighton as Director of Global Talent and Transfers”

 

https://trainingground.guru/articles/bath-promoted-to-chelsea-director-of-football-development-and-operations

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Just now, Manxst said:

Guess this lot are to blame for throwing all the cash around- probably never had it so good at previous jobs!

 

“Laurence Stewart arrived from AS Monaco as Technical Director, Joe Shields from Southampton as Co-Director of Recruitment and Talent and Paul Winstanley from Brighton as Director of Global Talent and Transfers”

 

https://trainingground.guru/articles/bath-promoted-to-chelsea-director-of-football-development-and-operations


Didn’t Monaco massively overspend and end up in a bit of shit?

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I really hope this pulls Chelsea back in the shit in a few years when they realise they blew their wad in the first season of their entirely undeserved 'clean slate'.

 

What's more likely is Uefa help them sweep it under the carpet again. Maybe a bribe fine to really teach them a lesson.

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Sad conclusion to a great career. Never liked him but he didn’t need the payday, he could have surely found a better level to have continued at competitively but whatever. Will be interesting to see if he can maintain the hunger playing in that league 

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I don't get it, Chelsea made about a ÂŁ150m loss last year, another ÂŁ100m loss the year before that yet they can still piss money away like it's going out of fashion.

 

Is there some reasonable explanation for this that I'm missing?  I thought FFP said you could only lose £105m over a 3 year period.

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We need someone who understands football finance to come in here and explain it as I haven’t got a clue but wasn’t there something about Abramovich writing off the club’s debt that allowed them to spend like this? Which is insane if true

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9 minutes ago, gbandit said:

Sad conclusion to a great career. Never liked him but he didn’t need the payday, he could have surely found a better level to have continued at competitively but whatever. Will be interesting to see if he can maintain the hunger playing in that league 

 

He did a summer your around Europe and all the top clubs rejected him

 

I don't think his ego could allow him to play for a mid-table club and they wouldn't be able to afford it, so it kind of makes sense he'll try to make as much money as he can

 

 

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16 minutes ago, gbandit said:

Sad conclusion to a great career. Never liked him but he didn’t need the payday, he could have surely found a better level to have continued at competitively but whatever. Will be interesting to see if he can maintain the hunger playing in that league 

I think a lot of older stars will follow him Rumours Messi will do a season before going to USA.

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25 minutes ago, gbandit said:

We need someone who understands football finance to come in here and explain it as I haven’t got a clue but wasn’t there something about Abramovich writing off the club’s debt that allowed them to spend like this? Which is insane if true

How about that fella from RTG?

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20 minutes ago, gbandit said:

We need someone who understands football finance to come in here and explain it as I haven’t got a clue but wasn’t there something about Abramovich writing off the club’s debt that allowed them to spend like this? Which is insane if true

 

I'm sure as hell not that football finance expert but I think this is pretty much the most it has been explained for the layman; that Chelsea's debt in the main were loans from Abramovich which were all wiped as part of the purchase.

 

Although the more I think about it, the less I understand exactly how that helped Chelsea's subsequent spending power, as FFP is based on income generated v spend so how wiping debt suddenly means they didn't spend that prior money is beyond me.

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11 hours ago, gbandit said:

They’ve gone from buying all the up and coming players to farm them out as loanees using a vile business model


I’d probably whisper this part since we’re clearly about to do the same thing. :lol: 

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3 minutes ago, cubaricho said:


I’d probably whisper this part since we’re clearly about to do the same thing. :lol: 

Not for a little while as we need to replace several first team ‘squad’ players first. I don’t think we’ll be buying tens of youth players to loan when we’ve still got Lewis, Dummett, Ritchie etc plying to get on the bench. Any youth players coming in will be close to first team action I think. 

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