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

philll

Well-Known Member
Aug 31, 2012
9,543
32,923
Trying to understand the consequences of this. The people who have been deafening in their silence is the Premier League themselves.

They need to explain what rules and principles they are going to apply in terms of competition integrity and financial fair play. How is the league going to treat the 1.5bn in loans. They need to say if these must be taken on by the new owners - regardless about what the oligarch says about the matter, about writing them off. They need to state that the oligarch can't just write them off once the new owners are in place. And of course, what these debts might mean in terms of point deductions. Or point deductions for any defaults.

I can't pretend to know what the right questions to ask are here. But it feels like it's all in the hands of the league. The members control the league. Surely, only the owners of Man City and Newcastle would vote against tough measures
The Premier League, who suddenly started thinking about including human rights in its ownership tests weeks after allowing one of the worst rights abusers around to buy one of its clubs? Yeah, don't hold your breath.
 

Japhet

Well-Known Member
Aug 30, 2010
19,313
57,791
Obviously Abramovich should be sanctioned but some of the actions seem to punish Chelsea as a club, and its fans and players. Idk think it goes too far.

Also shouldn't forget that the purpose of the sanctions is to pressure Putin to stop waging war on Ukraine, not to punish russian oligarchs for the dubious way they acquired their wealth. If the latter is the argument of the UK government then they shouldn't be allowing dirty foreign money to be invested in the UK in the first place.

Lots of people are getting caught in the crossfire of sanctions. A customer of mine works for BP, primarily in their Russian operation. He doesn't know if he'll have a job much longer. Thousands of people face the same situation, so why should footballers be different?

Edit; Chelsea have been shown a lot more leniency than other businesses and their employees.
 
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Cornpattbuck

Well-Known Member
Jul 23, 2013
6,942
16,068
Listen to any of the podcasts discussing this story and you'll see how terrified they are about getting sued. Listened to five this morning and every single one talks about being careful now and in the past. I didn't know just how much legal pressure was placed on reporters til today. They were joking about being safe because "RA can't pay his lawyers anymore."

The funniest one was Football Weekly where Max tells Phillipe that "it's OK we're not live and can edit this out".

He uses the same lawyers as the friggin Queen according to Private Eye, which is usually on the money and has been flagging Abramovich for years.

He's had a well oiled and fuelled reputation management team on the case ever since he came to Britain.

Can't get over how quickly Chelsea fans have adopted a "why us, we're just a football club - this is unfair" mentality.

Most of their success in football came from Ken Bates making them bankrupt in his bid for success but then being saved by a Russian gangster when it was all going horribly wrong.

The Chelsea fans I know (good guys, for what it's worth) used to have an element of understanding of how tainted their success was in the first 10 years, but I guess that was all forgotten with a mix of Abramovich's lawyers and PRs sportswashing, continued on pitch success and then so many others being corrupted in their efforts to find a level playing field with Chelsea.

It's easier to pretend it's all quite normal when the Man Cities, PSGs, Newcastles of this world happen, I guess...

As a Spurs fan, yeah, I'm bitter.

Particularly in the last five/ten years when it's been a continuous stream of memes that Chelsea fans are often the hungriest to share as we only just missed out on winning the league a couple of times and a number of cups - often being pipped by Chelsea and their blood money...

The irony is that in the main sports press, a club like Tottenham has become the butt of jokes while being well run and coming close to winning things, while teams like Chelsea, Man City and now Newcastle seem to get smoke blown up their arse most of the time for their heavy spending and glamour...

Fucking football, man. ??‍♂️
 

SSC

Well-Known Member
Apr 27, 2004
407
1,639
Trying to understand the consequences of this. The people who have been deafening in their silence is the Premier League themselves.

They need to explain what rules and principles they are going to apply in terms of competition integrity and financial fair play. How is the league going to treat the 1.5bn in loans. They need to say if these must be taken on by the new owners - regardless about what the oligarch says about the matter, about writing them off. They need to state that the oligarch can't just write them off once the new owners are in place. And of course, what these debts might mean in terms of point deductions. Or point deductions for any defaults.

I can't pretend to know what the right questions to ask are here. But it feels like it's all in the hands of the league. The members control the league. Surely, only the owners of Man City and Newcastle would vote against tough measures
You can be sure Levy (or club lawyers/officials) and other similar folks at PL clubs will be putting lots of behind doors pressure on the PL to make sure Chelsea dont get away with being bought on the cheap, debt free etc. Not sure what power the PL would have though if RA decided to sell it to nothing to someone who had the right financing/vision to evolve the club.

We will perhaps find out if he really does love the club or if he is that classic Bond villain who turns around and reveals he was in it for 'the cause' all along...
 

IamSpurtacus

Well-Known Member
Jun 5, 2019
1,487
7,011
It's just totally immoral that a club that owes it's position to blood money is probably going to be able to maintain the status quo and it's position with few ramifications

The club should experience some kind of punishment, and yet it seems it's simply going to change hands

Where's the justice?
 

Inq

Well-Known Member
Jul 18, 2013
523
2,638
Does anyone have a realistic outcome to all this?
Because I have no idea. Doesn’t seem like an easy task getting someone to pay 3billion these days
 

degoose

Well-Known Member
Jul 3, 2004
2,833
3,014
It seems that the Chelsea fans are now so used to being a rich mans plaything that they can't comprehend how it works in the real world.
I'm sure many have persuaded themselves over the years that they didn't buy their way to the titles.
 

Cornpattbuck

Well-Known Member
Jul 23, 2013
6,942
16,068


Not using Trivago any more, then.


Wonder if that's got anything to do with this being the first year of a multi-year deal with the club (only announced last May)?

They've probably already handed the money over and don't want to write it off.

Funny old world... ???
 
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arnoldlayne

Well-Known Member
Aug 20, 2007
1,109
1,174
Nicked from COYS member bjdspur but from Daily Mash - pretty realistic I'd say


OTHER Premier League football clubs have been asked to take in displaced Chelsea fans as their team faces ruin.
Following the government’s sanctioning of club owner and oligarch Roman Abramovich, other Premier League teams have been asked to accommodate displaced Chelsea fans as they frantically pile into packed trains leaving Fulham.
Chelsea supporter Nikki Hollis, cradling her baby, said: “Please help, we’ve got nothing left. We can’t buy tickets, the overpriced merchandise shop has pulled its shutters down, and we can’t even transfer Romelu Lukaku to make a bit of money.
“And it’s all because of that evil deceitful bastard with blood on his hands. Quite what Putin was thinking when he bought steel from him to make Russian tanks I’ll never know. It doesn’t reflect well on the Kremlin.”
Pensioner Martin Bishop said: “All we’re asking is that other teams look into their hearts and make some room for us. We’ll wear your shirts, sing your chants, anything you want. Deep down we’re not so different from one another. We’re just football fans trying to express our love for the game.”

Arsenal supporter Wayne Hayes said: “Sorry, we’re full. F**k off.”

Sanctions are unfair but us buying any player we wanted wasn't: A Chelsea fan explains​

THE sanctions on my beloved Chelsea FC are deeply unfair and an abuse of process. Spending hundreds of millions on the best players for 20 years is different. Here’s how:

We deserved it

Our critics know nothing about football history, but Chelsea had a rough time before Roman. No more than a few FA Cups and the lesser European Cups in 10 years before he bought us and we achieved our title destiny. It’s a classic underdog story. Sending us back down? Vicious. There’s no classic overdog story, is there?

You can’t buy success
Look at Paris Saint-Germain. Spending millions and winning f**k all except frog titles that don’t matter. We didn’t win because we spent £121m on players in the first season after Roman, £92m the next and a billion and a half total since he arrived. We won because we’re Chelsea and Chelsea are winners. Anyone who says otherwise is jealous.

He really supports the club
Abramovich wasn’t some mercenary. He really loves the club and the cover it provided for subverting British democracy. Cut him and he’d bleed blue-and-white before having you killed. Sure, he’s an associate of a warlord threatening a nuclear holocaust, but is it ever right to punish a man for loving his team?

It’s the anti-Chelsea agenda
If they’re honest with themselves, every football fan knows about the anti-Chelsea agenda in the FA, the media and world geopolitics. They’re always looking to bring Chelsea down. It wouldn’t surprise me if they kicked off this war just to have an excuse. That’s how much they hate us.

Other clubs are doing it
Qatar own PSG, Abu Dhabi owns City, the Saudis own Newcastle, Delia Smith owns Norwich. None of their hands are clean. If those blood-soaked genocidal bastards – you think she made that money from cookbooks? Dream on – are fine, why not poor Roman? He never pulls the trigger himself. He’s got a strong ethical line about that.

We’re a great bunch of guys
Ask any football fan: Chelsea supporters are really solid dudes. We’ll always give you a bump of our coke and we leave business cards on anyone we kick the shit out of so they don’t wake up all confused. You wouldn’t want to see us suffer, right? Right?
 

Japhet

Well-Known Member
Aug 30, 2010
19,313
57,791
They should be put into administration. The 1.5 billion owed to Abramovich should in no way be written off. It should be deducted at source from any sale price and go straight into humanitarian aid for Ukraine. If they can't pay it, asset strip the club for every penny and flush the remainder down the pan. Fuck Chelsea and fuck Abramovich.
 
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UncleBuck

Well-Known Member
Aug 20, 2003
9,295
11,352
Hahaha
 

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Ribble

Well-Known Member
Apr 13, 2011
3,532
4,822
Has it been explained how the 1.5B loan can be written off within the confines of FFP?

Before the freeze came in I expect the plan was to do another debt to equity conversion, something he's done previously.


Also its hilarious to read that article from 2009 talking about the club aiming for self-sufficiency by 2010.
 
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