r0cafella Posted May 15, 2022 Share Posted May 15, 2022 1 minute ago, loki679 said: Right, but FFP allows losses of £105m over three years iirc so how are they not being slapped with transfer bans and points deductions? Since covid clubs have been able to basically ignore FFP and attribute losses to it. Link to post Share on other sites More sharing options...
Manxst Posted May 15, 2022 Share Posted May 15, 2022 13 minutes ago, loki679 said: Right, but FFP allows losses of £105m over three years iirc so how are they not being slapped with transfer bans and points deductions? 12 minutes ago, r0cafella said: Since covid clubs have been able to basically ignore FFP and attribute losses to it. Like Evertons £170m losses… Link to post Share on other sites More sharing options...
Abacus Posted May 15, 2022 Share Posted May 15, 2022 1 hour ago, Happinesstan said: Does it help them spend that money without FFP coming into effect? I'm pretty sure that money is earmarked for infrastructure - mainly Stadium development. That kind of spend doesn't count from a FFP point of view anyway. So I don't think it should make a difference, no. Link to post Share on other sites More sharing options...
Happinesstan Posted May 15, 2022 Share Posted May 15, 2022 55 minutes ago, Abacus said: I'm pretty sure that money is earmarked for infrastructure - mainly Stadium development. That kind of spend doesn't count from a FFP point of view anyway. So I don't think it should make a difference, no. I was under the impression that owners cannot just make sudden cash injections. Could this not be a way of bypassing that? Link to post Share on other sites More sharing options...
Jackie Broon Posted May 15, 2022 Share Posted May 15, 2022 3 minutes ago, Happinesstan said: I was under the impression that owners cannot just make sudden cash injections. Could this not be a way of bypassing that? No because FFP is assessed on profit/loss, it wouldn't make any difference to the profit/loss. Link to post Share on other sites More sharing options...
RodneyCisse Posted May 15, 2022 Share Posted May 15, 2022 How were Chelsea able to sign a new sleeve deal for 20m a season? Link to post Share on other sites More sharing options...
jarrovianmag Posted May 15, 2022 Share Posted May 15, 2022 9 minutes ago, RodneyCisse said: How were Chelsea able to sign a new sleeve deal for 20m a season? Exactly, did the rest of the PL approve it Link to post Share on other sites More sharing options...
MrRaspberryJam Posted May 15, 2022 Share Posted May 15, 2022 Just now, jarrovianmag said: Exactly, did the rest of the PL approve it 73% of the PL board did. That's a landslide. Link to post Share on other sites More sharing options...
jarrovianmag Posted May 15, 2022 Share Posted May 15, 2022 Just now, MrRaspberryJam said: 73% of the PL board did. That's a landslide. Yet if we try it - 90% against no doubt - only city wouldnt be bothered Link to post Share on other sites More sharing options...
MrRaspberryJam Posted May 15, 2022 Share Posted May 15, 2022 Just now, jarrovianmag said: Yet if we try it - 90% against no doubt - only city wouldnt be bothered Don't need to be bothered when you've got 73% of the population behind you. Link to post Share on other sites More sharing options...
Abacus Posted May 15, 2022 Share Posted May 15, 2022 36 minutes ago, Happinesstan said: I was under the impression that owners cannot just make sudden cash injections. Could this not be a way of bypassing that? Yes, as Jackie Broon says, it's about what hits your short term profit and loss. You're allowed to inject cash for specific longer term reasons. So, you're not supposed to excessively fund short term spending e.g. on players and wages, whilst gambling that you'll be successful. Building a stadium, on the other hand is seen as a longer term thing and less risky - since at very least you'll have an asset to show for it at the end of it - so it's less of an issue for FFP. It's not perfect, but that's the idea. Link to post Share on other sites More sharing options...
McCormick Posted May 15, 2022 Share Posted May 15, 2022 @MrRaspberryJam Link to post Share on other sites More sharing options...
SUPERTOON Posted May 16, 2022 Share Posted May 16, 2022 Link to post Share on other sites More sharing options...
gbandit Posted May 16, 2022 Share Posted May 16, 2022 “However a senior Whitehall source revealed there was now "serious concern" that the oligarch was "willing to let Chelsea go under" over an alleged "refusal to agree to a sale structure that gives ministers confidence that proceeds would go to a good cause".” Very interested to see how the Chelsea fans would feel about Abramovich if this came to pass Link to post Share on other sites More sharing options...
54 Posted May 23, 2022 Share Posted May 23, 2022 Link to post Share on other sites More sharing options...
Fantail Breeze Posted May 23, 2022 Share Posted May 23, 2022 How can you be set to approve a deal in 24 hours if there are also major hurdles? That reads like an update during our takeover farce. Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 23, 2022 Share Posted May 23, 2022 27 minutes ago, Fantail Breeze said: How can you be set to approve a deal in 24 hours if there are also major hurdles? That reads like an update during our takeover farce. It's because it needs to be approved by Portuguese authorities due to Abramovich having a Portuguese passport even if the UK government approves it. Link to post Share on other sites More sharing options...
Nobody Posted May 23, 2022 Share Posted May 23, 2022 My head can't quite get around how Chelsea, in this state, is worth that much. We even picked up more points than them in the second half of the season, and we only cost about a fifteenth of what they'll go for Link to post Share on other sites More sharing options...
Jackie Broon Posted May 23, 2022 Share Posted May 23, 2022 1 minute ago, Nobody said: My head can't quite get around how Chelsea, in this state, is worth that much. We even picked up more points than them in the second half of the season, and we only cost about a fifteenth of what they'll go for That's the effect of FFP, it makes the big 6 clubs incredibly valuable because they already have the revenue to be able to compete at the top of the table within the constraints of FFP. For clubs outside of the big 6 it's an unbridgeable gap, even multi-billionaires don't have the resources to get round FFP, only nation states do. Link to post Share on other sites More sharing options...
toon25 Posted May 23, 2022 Share Posted May 23, 2022 On 15/05/2022 at 12:33, MrRaspberryJam said: Don't need to be bothered when you've got 73% of the population behind you. Link to post Share on other sites More sharing options...
OCK Posted May 24, 2022 Share Posted May 24, 2022 May it drag on. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted May 24, 2022 Share Posted May 24, 2022 On 15/05/2022 at 13:07, McCormick said: @MrRaspberryJam Please stop quoting him, I’ve got his incessant shit on ignore. And I love the Office. Link to post Share on other sites More sharing options...
nbthree3 Posted May 24, 2022 Share Posted May 24, 2022 Link to post Share on other sites More sharing options...
54 Posted May 24, 2022 Share Posted May 24, 2022 Link to post Share on other sites More sharing options...
OCK Posted May 24, 2022 Share Posted May 24, 2022 G'dammit Link to post Share on other sites More sharing options...
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