Financial Fair Play / Profit & Sustainability

[Unbelievable]

4 minutes ago, vic said:

What is the criteria for qualification for this ?

City as champions and.....

From Uefa: last four CL winners and four top placed teams in Uefa club ranking (based on last five years of European competition). In short, it’s a windfall for the clubs already streets ahead of the others

[vic]

Just now, Unbelievable said:

From Uefa: last four CL winners and four top placed teams in Uefa club ranking (based on last five years of European competition). In short, it’s a windfall for the clubs already streets ahead of the others

Thanks.

[The Prophet]

Into them! 

 

[FloydianMag]

 

[TK-421]

Apologies if posted already on another thread, but appears that Chel$ea were permitted to sell their womens team to a subsidiary company, for around £200m, and it helped actually put them into PSR profit.
 

 

 

 

Edited yesterday at 17:21 by TK-421

[JT24]

3 minutes ago, TK-421 said:

Apologies if posted already on another thread, but appears that Chel$ea were permitted to sell their womens team to a subsidiary company, for around £200m, and it helped actually put them into PSR profit.
 

 

 

 

 

Makes you feel sick. 

[Nucasol]

Grim reading. The PL are an absolute toothless tiger. All fart and nee shite.

[David Edgar]

I think I sorted our PSR woes at the weekend in the club shop. New right winger on me, I guess.

[gbandit]

Bit worse than that like, they’re a wilful enabler rather than just an absent governing body

[NG32]

17 minutes ago, TK-421 said:

Apologies if posted already on another thread, but appears that Chel$ea were permitted to sell their womens team to a subsidiary company, for around £200m, and it helped actually put them into PSR profit.
 

 

 

 

 

So then every other club can set up a subsidiary and sell their women's tem to themselves for 200 mil or market value blah blah 

[TK-421]

Another tweet from Borson, they've basically valued their womens team at around 20x its revenue, and he suggests other similar revenue clubs could do the same.
 

 

[Big Geordie]

Chelsea cooking the books and the PL doing bugger all eh? Who'd have thought it.

[Bimpy474]

24 minutes ago, David Edgar said:

I think I sorted our PSR woes at the weekend in the club shop. New right winger on me, I guess.

 

[The Prophet]

32 minutes ago, TK-421 said:

Apologies if posted already on another thread, but appears that Chel$ea were permitted to sell their womens team to a subsidiary company, for around £200m, and it helped actually put them into PSR profit.
 

 

 

 

 

 

I kind of respect it. They're taking the absolute piss out of rules that are in no way fit for purpose, granted we all know the reaction if PIF tried to pull this.

[geordie_b]

Now ive had the Wembley win and Saturday I'm happy for the whole fucking thing to implode, the sport fucking stinks

[JT24]

18 minutes ago, The Prophet said:

 

I kind of respect it. They're taking the absolute piss out of rules that are in no way fit for purpose, granted we all know the reaction if PIF tried to pull this.

Won’t respect it much when PIF are giving them 60m a year through Riyadh Air. 

[geordie_b]

And their £50m+ for being invited by FIFA to a bullshit tournament

[Gaztoon]

Chelsea killing the whole bullshit on the quiet. Prem know they lose if they even try and punish a club like Chelsea.. the end is coming 😁

[Turnbull2000]

Gonna be raging if Chelsea cost us a CL place. They've essentially cheated their way to the top 5.

 

And then next season they'll potentially have a £100 million pure cash war chest thanks to Infantino's pet project.

[Jackie Broon]

6 minutes ago, JT24 said:

Won’t respect it much when PIF are giving them 60m a year through Riyadh Air. 

 

PIF have billions invested in Clearlake, which is the majority owner of Chelsea.

[midds]

1 hour ago, The Prophet said:

 

I kind of respect it. They're taking the absolute piss out of rules that are in no way fit for purpose, granted we all know the reaction if PIF tried to pull this.

Exactly. They've found and exploited loophole after loophole and it's all been waved through by the PL as 100% legit. The more ridiculous it sounds the more of a joke they appear to be. Not much different from a cynical side stopping attack after attack with tackles in the middle third and the ref allowing them to get on with it. At some point you have to say "well if they're always going to get away with it then why would they stop? No sanction at all, don't blame them"

[Wolfcastle]

Sheffield United, Southampton, Leicester, Ipswich and Burnley abided by these stupid rules and you just have to marvel at the competitiveness that was created as they all went down with less than a whimper. 

Forest decided not to follow the rules and took the risk of a points hit and are a thriving enterprise now.

But that's bad. Its far better, fairer and competitive if clubs that come up just follow the rules, give up and let themselves be humiliated for a year,

 

[Colos Short and Curlies]

Give it 2 years and Chelsea will have sold the same thing twice over.

 

Either that or they'll find a way to sell the actual club to their owners and recognise the sale as pure PSR profit

[Terraloon]

2 hours ago, Turnbull2000 said:

Gonna be raging if Chelsea cost us a CL place. They've essentially cheated their way to the top 5.

 

And then next season they'll potentially have a £100 million pure cash war chest thanks to Infantino's pet project.

The PL clubs had the opportunity to change the rules around sell of assets but they didn’t vote for a change. Not sure that cheated is the right word it’s more akin to manipulation of the crazy regulations 

 

We as yet haven’t seen the full breakdown but one thing for sure is that SLBN who is the supposed expert on club finance ( he really isn’t) has his tail between his legs because he simply isn’t close to being in the know and his projecting Chelsea making a £200 million loss are clearly way off

 

it seems that if you ignore  sums generated from inter company sale then the 23/24 numbers show circa a £70 million loss as opposed to a 22/23 loss of £180 million so clearly there are far more elements to factor in rather than just the headlines. For instance has amortisation  alongside the wage bill reduced ? 

 

 

 

Edited yesterday at 20:37 by Terraloon

[Optimistic Nut]

https://www.teamwass.com/news/wasserman-acquires-international-football-management/

 

Wasn't sure where to put this, so this is where Charnley ended up.