Let's All Laugh At... Let's all laugh at Chelsea thread
- Thread starter ibbz
- Start date
Nick-TopSpursMan
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- Aug 4, 2005
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I would imagine anything and everything is on the table.
This is an unprecedented situation, no one really knows what will happen.
spursfan77
Well-Known Member
- Aug 13, 2005
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Yes, my mistake, I meant the licence runs until May.
GMI
G.
- Dec 13, 2006
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I suspect the ‘I worked for Chelsea not Abramovich’ will be the standard response to this question.
BehindEnemyLines
Twisting a Melon with the Rev. Black Grape
- Apr 13, 2006
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Yid-ol
Just-outside Edinburgh
- Jan 16, 2006
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If the talk that they have enough cash to last a week or two is true, if they they can't pay staff/wages I would guess they would need to be placed into liquidation? Doesn't that carry a points penalty? Though I half think it will only apply from next year (as I am sure that's what would happen to derby, so using them as my bench mark)
Guntz
Loves a good meme/gif
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slartibartfast
Grunge baby forever
- Oct 21, 2012
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King Yid
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- Jan 3, 2011
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I think you’re right though, I’d be surprised if this is resolved swiftly. I think the subtle difference with Chelsea is that it hasn’t been seized by the Gov, but frozen. Im not sure what that means in terms of how much involvement RA would have in the sale though.
Was actually reading from a piece of paper as he said it
Saw a financial expert who values clubs saying if it’s not sold quickly very good chance the receiver will come in meaning a points deduction. Also said first measure will be cutting players wages, sure they will love that.
topper
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- Jan 27, 2008
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Chelsea’s bank accounts have been frozen, leaving the club facing financial ruin after the government sanctioned Roman Abramovich, The Times has been told.
The government yesterday gave Chelsea a licence to continue with football-related activities after Abramovich, the club’s owner, was sanctioned over his links to Vladimir Putin, the Russian president.
Sources at the club have warned that despite the licence several of the club’s corporate accounts, including credit cards, have been frozen because banks are being “risk-averse”.
“The licence allows the club to continue with day-to-day activities but the banks don’t have the risk appetite for it,” a source said. “They’ve frozen some of the corporate credit cards. It’s put a lot more pressure on the club.”
A senior source at Chelsea confirmed that the situation was causing grave concern. “It’s making it even more difficult to run our day-to-day operations,” the source explained.
Poor lambs?
The government yesterday gave Chelsea a licence to continue with football-related activities after Abramovich, the club’s owner, was sanctioned over his links to Vladimir Putin, the Russian president.
Sources at the club have warned that despite the licence several of the club’s corporate accounts, including credit cards, have been frozen because banks are being “risk-averse”.
“The licence allows the club to continue with day-to-day activities but the banks don’t have the risk appetite for it,” a source said. “They’ve frozen some of the corporate credit cards. It’s put a lot more pressure on the club.”
A senior source at Chelsea confirmed that the situation was causing grave concern. “It’s making it even more difficult to run our day-to-day operations,” the source explained.
Poor lambs?
Rogmeister
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- Jun 14, 2008
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Exactly. They’ve already said this is about punishing RA and not the club, fans or the sport. I’m sure boris and his merry men will get it sold asap so they can wash their hands of it
- Oct 17, 2006
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Anyone who believes that Chelsea will suddenly become our and everyone else's whipping team, and that they will rapidly move down the table are living in cloud cuckoo land.
Westmorlandspur
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- Feb 1, 2013
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Only reason they will sell the club is that Roman does not want any of the money so does not gain. Quite what Putin will make him selling it and all the money going to the British govt who will send it on to the Ukrainian war effort, I shudder to think. That is what could make it difficult to sell.
Roman will find that very difficult to agree to. Will make him look anti Putin.
spursfan77
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- Aug 13, 2005
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Bank accounts frozen now. I think there’s a lot of wishful thinking out there from people that they wont be fucked. Not us obviously, most want them in the complete shit.
GMI
G.
- Dec 13, 2006
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I would tend to agree. There will be some short term pain but they will stabilise. However, financially, they will be back down with the rest of the pack, probably slightly worse due to their legacy of unsustainably. To be honest I’m happy with that.
What I really want to see is fundamental change in football and ownership in this country to stop these type of people from entering the game. If we are stuck with the City and Newcastle owners we need to strengthen ffp and how sponsorship is regulated to stop them doping. If they can’t throw their money around they may lose interest. ?
