Chelsea Rumours Archive October 29 2010

29 Oct 2010 22:03:50
Chelsea Rumours
Ed, is there any chance of Chelsea really signing Bayern Munich talisman Bastian Schweinsteiger and where would he fit in? {ed's note - I can't see him joining Chelsea, I think you would have trouble fitting him in with Ramires, Essien, Lampard, Mikel etc.}

29 Oct 2010 16:36:28
Chelsea Rumours
Unsigned wrote at 29 Oct 2010 16:14:32:

". . Shevchenko was bought for you as a GIFT from Roman to Chelsea, that will never happen again."

I agree - that was a mistake and I think everyone understands it was.

"Bosingwa was 16.2m, Zhirkov was 18m & Ramires 16m. This is precisely my point these are all under 20m and they are players which are not top signings, they are average players with huge fees."


I think Bosingwa and Zhirkov were excellent buys but they have been injured for mush of the past year. If Malouda had not come to the fore we would be seeing a lot more of Zhirkov. Ramires looks to me that he might struggle a bit in England.

"And as from next season between 2011/12 to 2013/14 Chelsea are only permitted to make losses of up to 38m, that is 38m over the three years, which is around 12.6m each year."

The rules are not quite like this. Any club may spend up to €45 beyond what they make in "profit" over a rolling three year window. Remember that spending on youth, infrastructure etc. is excluded from the calculation, and remember that Chelsea's loss last year included significant one off payments.

"You will break even at best (if you are lucky), you certainly will not make 30m profits to be able to purchase players. Remember this my friend, your owner may have 11bn in the bank but none of that money can help Chelsea in 2011/12 onwards."

All clubs should be making the efforts to move toward responsible ownership and management - not just Chelsea. The punishment for not meeting the new criteria from 2015 is possible exclusion for European competition. I would guess we will see wrist slapping at worse in the short-term. Real Madrid, Barcelona etc. excluded from the Champions' League would only hasten a breakaway pan-European league with separately negotiated media and broadcast rights. As such, I would not get overly concerned about these new rules for a while yet.

"The only money Chelsea will be able to use for transfers come 2013/14 is money generated by the club. In case you have not noticed you only turnover a sad 185m and 142m is taken up in wages."

This turnover figure is simply a snapshot from one year of accounts for the football club and not the business as a whole. There is no third party debt at all; but as you mention wages as a percentage of turnover is much too high.

"Chelsea have got a hard task ahead of them and a massive transitional period, they will have to replace 6-7 of their first team with equally good replacements, problem is you will have no money to do this with."

Chelsea have done an excellent job of bringing through a number of younger players. There will need to be a balancing between experience and youth, but I would suggest that the club are pretty well placed at present.

Sharkey.

29 Oct 2010 16:14:32
Chelsea Rumours
""Not made a big signing since 2004? schevchenko 30 mil bosingwa 17 mil zhirkov 18 mil ramires 17 mill.how about the previosu chelsea managers don't feel the need to buy big players as they wouldn't fit into the squad, i find it laughable that u think chelsea can't afford to spend on players""

Precisely my point, Shevchenko was bought for you as a GIFT from Roman to Chelsea, that will never happen again. Bosingwa was 16.2m, Zhirkov was 18m & Ramires 16m. This is precisely my point these are all under 20m and they are players which are not top signings, they are average players with huge fees.

And what is laughable? Chelsea cannot afford top players, Roman can afford top players but Chelsea cannot afford a bean. And as from next season between 2011/12 to 2013/14 Chelsea are only permitted to make losses of up to 38m, that is 38m over the three years, which is around 12.6m each year. You will break even at best (if you are lucky), you certainly will not make 30m profits to be able to purchase players. Remember this my friend, your owner may have 11bn in the bank but none of that money can help Chelsea in 2011/12 onwards.

The only money Chelsea will be able to use for transfers come 2013/14 is money generated by the club. In case you have not noticed you only turnover a sad 185m and 142m is taken up in wages.

Chelsea have got a hard task ahead of them and a massive transitional period, they will have to replace 6-7 of their first team with equally good replacements, problem is you will have no money to do this with.

What do you think about this ed? Sharks?

29 Oct 2010 15:45:20
Chelsea Rumours
And you guys are roman abramovics's personal assistants are you, how the hell do u now what goes on in meetings.Roman abramovic has said the crazy spending days at chelsea are over and wants to run it as a business this does not mean chelsea will not be signing big players nomore that are needed for the future, Neymar wages at santos are not high wel have to wait and see what happens n point in you guys arguing over neymar is there.

29 Oct 2010 13:37:09
Chelsea Rumours
Come on Chelsea,

Chelsea made a £185.6m turnover this year but a £47m loss, £142m is wages alone, even after Ballack, J.Cole, Beletti, Carvalho & Deco left. This is why Chelsea will no longer be able to pay 30m for a player, we cannot afford it. Neymar is priced out of our range and so is Lakuku. Chelsea have scrapped player bonuses and cut down on all costs but still made a 47m loss. Chelsea are trying to sell the naming rights to Stamford Bridge to make more money for the revenue. Problem is both Samsung & Adidas are not interested in this so Chelsea are looking elsewhere. We have been looking for 12 months now and no luck. Manure make £290m in turnovers and will always rise, whereas ours has decreased by around £40m in two years. In three years time we will find it hard to break even and our owner will not be able to help us.

29 Oct 2010 13:07:56
Chelsea Rumours
"Who is this guy who keeps going on about chelsea's finances please show me quotes where it had said there no will no big summer moves, "

~How about the fact that you have not made a big signing since Essien back in 2004? How about the fact that Chelsea are STUGGLING to get in line with these new financial regulations which come into play in 2011/12 season.

Roman can no longer spend 40m on players and then make the money disappear into Chelsea's parent company's current debt so it doesn't show up in the revenue. Whatever Chelsea spend from this summer onwards is included in their revenue, so expect very little in the way of signings or you will struggle to break even.

Unless you can get Neymar for less than 20m you will not get him. WHY? Because you cannot afford him. {ed's note - didn't Chelsea just pay 25m for Ramires?}