Let's All Laugh At... Let's all laugh at Chelsea thread

sparx100 · Mar 3, 2022

So, does this mean that they may not be the mega rich club buying all the trophies that they once were, or is it likely that with no debt another mega rich backer will come in and buy them trophies?
Genuine question as I don't understand the statement about wiping the debt and its potential attraction. If he wants to sell it for 3b, if he included the debt it would be 4.5b???

Marty · Mar 3, 2022

sparx100 said:
So, does this mean that they may not be the mega rich club buying all the trophies that they once were, or is it likely that with no debt another mega rich backer will come in and buy them trophies?
Genuine question as I don't understand the statement about wiping the debt and its potential attraction. If he wants to sell it for 3b, if he included the debt it would be 4.5b???

Unless they're bought by another gulf state they won't receive the same level of bankrolling, no. I heard on a podcast that the Swiss guy who first went to the media about it said that he would never take on an asset like that alone, if he did it would be part of a consortium of six or seven because it would cost too much to do alone.

It's much more likely that Chelsea will get an owner more similar to the Glazers, FSG etc. who care primarily about the bottom line. How much that will impact on the club, we don't know yet but it's clear to all and sundry that the club isn't profitable and any new owners will really have their work cut out.

nailsy · Mar 3, 2022

He said that the money he would give to charity would be used for victims of the war in Ukraine - I assume this means from both sides. I don't think there's been any info about which charity he would be giving it to and how the money would be divided up? I know that victims are victims, but you wouldn't want the money going somewhere that's going to spend 99% of it on Russian casualties and 1% on Ukrainians.

piedpiper · Mar 3, 2022

All that is happening here is Roman is selling up..... he is leaving Chelsea much better off than he found them. Debts owed to him he will right off for the love of his club.

Chelsea is now a much higher profile club than he found them. When he departs.... they will still attract higher sponsorship deals due to its profile and trophies won.... I mean bought.

So they won't disappear into obscurity... but they'll be able to compete with United, Liverpool for signings to a degree.

It's why I've never understood the argument of not being owned by a sugar daddy type owner..."because when he leaves... you in a mess"..... Chelsea won't be in any mess... they'll be slightly curtailed/ hamstrung or should I say not have the financial clout they previously enjoyed.

They have their trophies, sponsorships etc... put us up for sale at £2 Billion and Chelsea at £2.5 Billion... they'd get the offers vs us.... or even at the same price.

Roman is leaving them better off than he found them

TC18 · Mar 3, 2022

nailsy said:
He said that the money he would give to charity would be used for victims of the war in Ukraine - I assume this means from both sides. I don't think there's been any info about which charity he would be giving it to and how the money would be divided up? I know that victims are victims, but you wouldn't want the money going somewhere that's going to spend 99% of it on Russian casualties and 1% on Ukrainians.

This is what is being spun in the media this morning. With SKY going with the headline that he’s selling up and donating the proceeds, then in the article saying his trying to broker peace between the two sides.

First of all we don’t know exactly and if he can donate or how much he is going to donate.

Second, how much peace is he actually brokering? None of us truly know but my god it’s being made a huge deal out of in the news articles the last few days.

Being made out to look like a victim that is now having to give up his club and multiple houses, quite astonishing, with none of them thinking about how he actually obtained his fortune to begin with!

spursfan77 · Mar 3, 2022

TC18 said:
This is what is being spun in the media this morning. With SKY going with the headline that he’s selling up and donating the proceeds, then in the article saying his trying to broker peace between the two sides.

First of all we don’t know exactly and if he can donate or how much he is going to donate.

Second, how much peace is he actually brokering? None of us truly know but my god it’s being made a huge deal out of in the news articles the last few days.

Being made out to look like a victim that is now having to give up his club and multiple houses, quite astonishing, with none of them thinking about how he actually obtained his fortune to begin with!

As soon as I heard it, it was obvious that was his idea in the public mind. Try and make it harder for the government to issue sanctions on him.

Dov67 · Mar 3, 2022

piedpiper said:
All that is happening here is Roman is selling up..... he is leaving Chelsea much better off than he found them. Debts owed to him he will right off for the love of his club.

Chelsea is now a much higher profile club than he found them. When he departs.... they will still attract higher sponsorship deals due to its profile and trophies won.... I mean bought.

So they won't disappear into obscurity... but they'll be able to compete with United, Liverpool for signings to a degree.

It's why I've never understood the argument of not being owned by a sugar daddy type owner..."because when he leaves... you in a mess"..... Chelsea won't be in any mess... they'll be slightly curtailed/ hamstrung or should I say not have the financial clout they previously enjoyed.

They have their trophies, sponsorships etc... put us up for sale at £2 Billion and Chelsea at £2.5 Billion... they'd get the offers vs us.... or even at the same price.

Roman is leaving them better off than he found them

I agree with almost all of that. They are certainly a high profile “elite” name in world football whereas they were nothing of the sort in 2003. The sponsorships etc will not dry up because they are not unfortunately going to go back into West Ham like obscurity in the pre Mathew Harding days (sadly!!)

However, in spite of this new status, Abramovich was still pumping in huge sums money to support transfer and wage spending, so their new status did not bring financial self sufficiency, even after 19 years of financial doping.

Here’s hoping whoever buys them will run them as a normal real football club rather than a financially doped club that buys success to launder reputations.

Our luck, Jeff Bezos & Elon Musk will join forces to take them over.

onthetwo · Mar 3, 2022

Id guess Jim Ratcliffe would be interested.

Rocksuperstar · Mar 3, 2022

One thing we can be sure of - right now there's a thousand gutter journos digging through every single transaction and trade, every meeting and investment surrounding the club, to find some filth to get a story out of, so even if/when he does bail on the club and all those fans he apparently loves so much, anyh skeletons in the lockers will be dug up and waved around.

Premier league have to be investigating as well though, surely? An owner is selling a club to raise funds to support a war, like a pimp cashing in his gold chains to buy guns - that's not a great look.

FrankSpencer · Mar 3, 2022

I would like to hear what Shevchenko thinks of all this.

mark87 · Mar 3, 2022

allatsea · Mar 3, 2022

piedpiper said:
All that is happening here is Roman is selling up..... he is leaving Chelsea much better off than he found them. Debts owed to him he will right off for the love of his club.

Chelsea is now a much higher profile club than he found them. When he departs.... they will still attract higher sponsorship deals due to its profile and trophies won.... I mean bought.

So they won't disappear into obscurity... but they'll be able to compete with United, Liverpool for signings to a degree.

It's why I've never understood the argument of not being owned by a sugar daddy type owner..."because when he leaves... you in a mess"..... Chelsea won't be in any mess... they'll be slightly curtailed/ hamstrung or should I say not have the financial clout they previously enjoyed.

They have their trophies, sponsorships etc... put us up for sale at £2 Billion and Chelsea at £2.5 Billion... they'd get the offers vs us.... or even at the same price.

Roman is leaving them better off than he found them

He stole billions from the people of Russia and used some of it to get himself a safe home in London.

Spursmatty87 · Mar 3, 2022

nailsy said:
He said that the money he would give to charity would be used for victims of the war in Ukraine - I assume this means from both sides. I don't think there's been any info about which charity he would be giving it to and how the money would be divided up? I know that victims are victims, but you wouldn't want the money going somewhere that's going to spend 99% of it on Russian casualties and 1% on Ukrainians.

We don’t know I would guess that the victims could be putin and his friends, but I’m conical.

Serpico · Mar 3, 2022

Yes its being spun and we can be sure he's got the clout to do whats right for him/Russia and the club. As Sky need teams like Chelsea to sell subscriptions they will be favourable towards them-are we surprised. its annoying and reflects football/TV as we know it. The bottom line, he's one of P's foot soldiers and now he's on the run because his country are at war. His ill gotten gains are under scrutiny by the government so he needs to act fast. What is there not to enjoy with all this. Its hilarious and songs should be written.

IfiHadTheWings · Mar 3, 2022

The cynic in me thinks he has done a deal to take over/ become a prominent figure in post Putin Russia. Nothing more than a gut feel but it does seem he is being painted as one of the 'good' guys in all of this.

Serpico · Mar 3, 2022

FrankSpencer said:
I would like to hear what Shevchenko thinks of all this.

he has been talking on Sky news but not saying much .

Serpico · Mar 3, 2022

IfiHadTheWings said:
The cynic in me thinks he has done a deal to take over/ become a prominent figure in post Putin Russia. Nothing more than a gut feel but it does seem he is being painted as one of the 'good' guys in all of this.

Once this. is all over then he may express his view, on the side that wins?

CoopsieDeadpool · Mar 3, 2022

Japhet said:
The humanitarian disaster in Yemen, as a direct result of indiscriminate bombing sanctioned and finance by the owners of NUFC, has been going on for years, and yet they were welcomed into the EPL. The difference though is that we sell much of the weaponry to the Saudis and have a convenient 'friendly' territory in the Middle East when needed but Russia manufacture their own weapons and there's no lucrative trade to be had with them. As a result, Ukraine is big news (and rightly so), but Yemen is swept under the carpet continually.

Sorry mate but every time I see Yemen, I instantly think of Chandler in Friends.

IfiHadTheWings · Mar 3, 2022

Serpico said:
Once this. is all over then he may express his view, on the side that wins?

It does seem he may be playing both sides and giving his public image a little cleanse with this 'love of the club' and donating to casualties of war.

I may be talking bollox but i have a feeling a deal has been done.

thelak · Mar 3, 2022

TC18 said:
This is what is being spun in the media this morning. With SKY going with the headline that he’s selling up and donating the proceeds, then in the article saying his trying to broker peace between the two sides.

First of all we don’t know exactly and if he can donate or how much he is going to donate.

Second, how much peace is he actually brokering? None of us truly know but my god it’s being made a huge deal out of in the news articles the last few days.

Being made out to look like a victim that is now having to give up his club and multiple houses, quite astonishing, with none of them thinking about how he actually obtained his fortune to begin with!

What’s happening is he is buying his freedom! Expensive but probably worth it for him

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