Darren, im certainly not suggesting that this is a good business model, im simply clearly trying to explain that this is more than likely what the ownership are doing.
i think it is more than evident that the ownership are clutching at straws and hoping to ride this out over several seasons.
My ultimate point is it is very unlikley that CFC will be constantly competing at an elite level anytime soon unfortunately as the owners strategy is currently not focussed to do that.
Chelsea off the pitch are the most interesting club in the league with Everton 2nd.
Maresca has to try and find a side amongst the sea of faces and form a style that works. I think Poch had started to do that last season but they have instead gone back to square one again for some reason.
They will be faves for Conference league - wonder if he will experiment in that or try and get a settled and consistent team out
t’s not about buying talent to flip for profits on player trading, because that’s not something a club will make that much money from, it’s about hoarding talent and hoping that enough of them will develop into an elite team and then flip the ones that don’t make it for a bit of money.
Looking at the clubs finances, at this point it is about both imo, considering the FFP/PSR enforcement.
At this point the clubs ability to stay within the financial rules will trump the all out focus for elite competitiveness imo.
Oh and hopefully the unflushable turrd that is Everton finally goes down this year - they’ve been stinking the place out for a while now
comment by ifarka, (B-C- out) (U8182)
posted 45 seconds ago
t’s not about buying talent to flip for profits on player trading, because that’s not something a club will make that much money from, it’s about hoarding talent and hoping that enough of them will develop into an elite team and then flip the ones that don’t make it for a bit of money.
Looking at the clubs finances, at this point it is about both imo, considering the FFP/PSR enforcement.
At this point the clubs ability to stay within the financial rules will trump the all out focus for elite competitiveness imo.
----------------------------------------------------------------------
Yeah it’s panning for gold and then selling on those that don’t make it. The issue is shifting players on long contracts and decent wages - Prem teams can really only sell castoffs to each other in order to break even - the other leagues are skint.
This is what could scupper Chelsea - as we’ve seen so far this summer the markets dead outside the PSR clubs
comment by ifarka, (B-C- out) (U8182)
posted 52 minutes ago
t’s not about buying talent to flip for profits on player trading, because that’s not something a club will make that much money from, it’s about hoarding talent and hoping that enough of them will develop into an elite team and then flip the ones that don’t make it for a bit of money.
Looking at the clubs finances, at this point it is about both imo, considering the FFP/PSR enforcement.
At this point the clubs ability to stay within the financial rules will trump the all out focus for elite competitiveness imo.
----------------------------------------------------------------------
But that’s a consequence of reckless spending, and having to get creative with the books, rather than an intention to make profits that way. As Chelsea are certainly not making profits with their spending, they’re losing loads.
Darren, going back to this point.
But that’s a consequence of reckless spending, and having to get creative with the books, rather than an intention to make profits that way. As Chelsea are certainly not making profits with their spending, they’re losing loads.
Regarding the profit & Loss,
Revenue streams,
The club are earning and generating income through the normal income streams EPL, commercial, TV rights ect,ect, currently they also are eating into their assets, to support the spending investment strategy.
It is like adding or deducting weights on a weighing scale. As long as the scale remains balanced, i.e the club comply with FFP/ PSR the ownership seem to be comfortable.
They are asset striping in one sense,selling home grown pure profit players , whilst simultaneously buying youth prospects on a buy now pay later strategy.Building new assets on the books, the balance.
leveraging assets, i.e. selling the hotels to themselves and generating income, balancing.
All this is standard practice in finance as im sure you are aware, the bottom line is the ownership are on one hand reducing the value of the assets, they are increasing the debt load by spreading the payments, they are able to do this because as venture capitalist - investment bankers the specialise in making money out of moving money around,but are balancing technically by investing in young prospects.
As much as their approach seems counter intuitive , they are not total mugs when it comes to finance, they must have a strategy which they believe will financially stand the test of time.
From a footballing perspective this may not be what us the fans want, it may not be pretty, it will in all likelihood be frustrating, but if it keeps the club in the EPL and leads to a stable footing & ultimately rebalances the ownerships investment , I don't think that they care .
Agreed , it is risky, but buying 100m footballers on 250/300k per week is also a quick root into a failing club.
Unquestionably they have fckd up big time, and very possibly would not have bought CFC if they knew how their first 2/3 seasons would go under their management.
Most of the damage seemed to have been done in the first year when you didn't have enough off pitch expertise and spent massive sums without creating a balanced team....this failure has baked in the current strategy for a number of years.
It could still reep big rewards and it looked like Poch was starting to deliver progress and consistency. Who knows if your current man is capable.
‘Keeps Chelsea in the epl’ you keep saying this like Chelsea would be in danger of getting relegated.
Devon
Darren, no that is not what im saying.
What I am/ have said , when the ownership bought the club they fully expected to operate the club as an elite club, relying upon C/L status.
When they damaged the club to the extent that they did in the first season, the whole scenario began to unravel, it went out of control for them.
This has forced them to revaluate their position and strategy to such an extent that as long as they do enough for the club as a minimum to maintain EPL status, relying upon that level of income is key, then after successfully navigate FFP/PSR & gradually push up the league on a stable financial footing.
As i have repeatidly explained Im certain that they originally intended to operate the club as an elite level operation, but that opportunity has past for the time being 3/5 seasons?
Finally they ulitimatley they will focus on rebuilding the original investment value over time, imo.
They’re banking on the club being back in the CL and competing for the biggest honours soon - they expected top four last season. The sheer amount of money spent isn’t done when premier league status as the main source of income is in mind. I really don’t know how you come to these conclusions with the information readily available regarding the club.
Information available,
Seriously, your replying upon second hand media assumption & conjecture.
The reality lies in the actions the club is taking.
Bringing in an inexperienced manager, buying in access of 20 + youth/ young prospects, that will have zero impact on this season.
Selling solid squad players.
This not the actions of a club that is focused on a credible top four challenge.
If they were , they would have kept Poch, and brought in 2/3 solid pedigree players to support the younger footballers.
I would rather reply upon what the club are actually doing, opposed to a media outlet blabbering surley after spending all that money a top 4 challenge is the minimum.
Oh, contray to you understanding the club have not spent 2bln, as you you previously stated.Far from it.
Word, up get off the red tops & poor quality online sporting web sites, you may broaden your knowledge of CFC
Clubs statements don’t count then? You’re confusing the difference between the application and effectiveness of what the club have done and their intentions. The rest is just rambling.
comment by ifarka, (B-C- out) (U8182)
posted 1 hour, 59 minutes ago
Devon
Darren, no that is not what im saying.
What I am/ have said , when the ownership bought the club they fully expected to operate the club as an elite club, relying upon C/L status.
When they damaged the club to the extent that they did in the first season, the whole scenario began to unravel, it went out of control for them.
This has forced them to revaluate their position and strategy to such an extent that as long as they do enough for the club as a minimum to maintain EPL status, relying upon that level of income is key, then after successfully navigate FFP/PSR & gradually push up the league on a stable financial footing.
As i have repeatidly explained Im certain that they originally intended to operate the club as an elite level operation, but that opportunity has past for the time being 3/5 seasons?
Finally they ulitimatley they will focus on rebuilding the original investment value over time, imo.
----------------------------------------------------------------------
I would agree fully with you on this.
Plan A included being successful/Elite.
That part of the plan went out of the window and Plan A has now been adjusted out of necessity to exclude any immediate expectation of success (If they had wanted this then they would have kept Poch, sold a few kids for cash and bought an Osinhem or 2 to really move them on). This situation is probably why Poch effectively walked away, he will have wanted immediate impact signings while it is clear the owners are continuing the policy to accumulate youth/potential.
This strategy is now almost forced on them having fecked up the finances to a point where their decisions are also hugely influenced by meeting PSR compliance - something that will not have been envisaged in Plan A.
Their actions demonstrate their strategy and until they go out and add real quality to the first XI, to plug obvious gaps, their strategy will remain as buying youth and looking to build something for the future.
Darren ,
You are not suggesting that the club are going to announce we have fckd up so badly that our financial circumstances dictate how we go forward , as we are no longer in a position to compete at an elite level?
I can’t see that happening, I think they are spinning it , as any company would, publicly stating ambition, but in reality steering the club to a safe financial position.
Anyway mate time will tell, I’m sure we will speak again later on in the season 😉
Following on,
Conner Gallagher the Chelsea captain on his way to Atletico Madrid for 30m aprx, imo continues to underline that the ownership of CFC currently are fully focused on ensuring FFP/ PSR compliance & not building a team which will mount a credible top four challenge this season 24/25.
Actions do speak louder than words!
Sign in if you want to comment
Another season of transition
Page 2 of 2
posted on 29/7/24
Darren, im certainly not suggesting that this is a good business model, im simply clearly trying to explain that this is more than likely what the ownership are doing.
i think it is more than evident that the ownership are clutching at straws and hoping to ride this out over several seasons.
My ultimate point is it is very unlikley that CFC will be constantly competing at an elite level anytime soon unfortunately as the owners strategy is currently not focussed to do that.
posted on 29/7/24
Chelsea off the pitch are the most interesting club in the league with Everton 2nd.
Maresca has to try and find a side amongst the sea of faces and form a style that works. I think Poch had started to do that last season but they have instead gone back to square one again for some reason.
They will be faves for Conference league - wonder if he will experiment in that or try and get a settled and consistent team out
posted on 29/7/24
t’s not about buying talent to flip for profits on player trading, because that’s not something a club will make that much money from, it’s about hoarding talent and hoping that enough of them will develop into an elite team and then flip the ones that don’t make it for a bit of money.
Looking at the clubs finances, at this point it is about both imo, considering the FFP/PSR enforcement.
At this point the clubs ability to stay within the financial rules will trump the all out focus for elite competitiveness imo.
posted on 29/7/24
Oh and hopefully the unflushable turrd that is Everton finally goes down this year - they’ve been stinking the place out for a while now
posted on 29/7/24
comment by ifarka, (B-C- out) (U8182)
posted 45 seconds ago
t’s not about buying talent to flip for profits on player trading, because that’s not something a club will make that much money from, it’s about hoarding talent and hoping that enough of them will develop into an elite team and then flip the ones that don’t make it for a bit of money.
Looking at the clubs finances, at this point it is about both imo, considering the FFP/PSR enforcement.
At this point the clubs ability to stay within the financial rules will trump the all out focus for elite competitiveness imo.
----------------------------------------------------------------------
Yeah it’s panning for gold and then selling on those that don’t make it. The issue is shifting players on long contracts and decent wages - Prem teams can really only sell castoffs to each other in order to break even - the other leagues are skint.
This is what could scupper Chelsea - as we’ve seen so far this summer the markets dead outside the PSR clubs
posted on 29/7/24
comment by ifarka, (B-C- out) (U8182)
posted 52 minutes ago
t’s not about buying talent to flip for profits on player trading, because that’s not something a club will make that much money from, it’s about hoarding talent and hoping that enough of them will develop into an elite team and then flip the ones that don’t make it for a bit of money.
Looking at the clubs finances, at this point it is about both imo, considering the FFP/PSR enforcement.
At this point the clubs ability to stay within the financial rules will trump the all out focus for elite competitiveness imo.
----------------------------------------------------------------------
But that’s a consequence of reckless spending, and having to get creative with the books, rather than an intention to make profits that way. As Chelsea are certainly not making profits with their spending, they’re losing loads.
posted on 30/7/24
Agreed
posted on 31/7/24
Darren, going back to this point.
But that’s a consequence of reckless spending, and having to get creative with the books, rather than an intention to make profits that way. As Chelsea are certainly not making profits with their spending, they’re losing loads.
Regarding the profit & Loss,
Revenue streams,
The club are earning and generating income through the normal income streams EPL, commercial, TV rights ect,ect, currently they also are eating into their assets, to support the spending investment strategy.
It is like adding or deducting weights on a weighing scale. As long as the scale remains balanced, i.e the club comply with FFP/ PSR the ownership seem to be comfortable.
They are asset striping in one sense,selling home grown pure profit players , whilst simultaneously buying youth prospects on a buy now pay later strategy.Building new assets on the books, the balance.
leveraging assets, i.e. selling the hotels to themselves and generating income, balancing.
All this is standard practice in finance as im sure you are aware, the bottom line is the ownership are on one hand reducing the value of the assets, they are increasing the debt load by spreading the payments, they are able to do this because as venture capitalist - investment bankers the specialise in making money out of moving money around,but are balancing technically by investing in young prospects.
As much as their approach seems counter intuitive , they are not total mugs when it comes to finance, they must have a strategy which they believe will financially stand the test of time.
From a footballing perspective this may not be what us the fans want, it may not be pretty, it will in all likelihood be frustrating, but if it keeps the club in the EPL and leads to a stable footing & ultimately rebalances the ownerships investment , I don't think that they care .
Agreed , it is risky, but buying 100m footballers on 250/300k per week is also a quick root into a failing club.
Unquestionably they have fckd up big time, and very possibly would not have bought CFC if they knew how their first 2/3 seasons would go under their management.
posted on 31/7/24
Most of the damage seemed to have been done in the first year when you didn't have enough off pitch expertise and spent massive sums without creating a balanced team....this failure has baked in the current strategy for a number of years.
It could still reep big rewards and it looked like Poch was starting to deliver progress and consistency. Who knows if your current man is capable.
posted on 31/7/24
‘Keeps Chelsea in the epl’ you keep saying this like Chelsea would be in danger of getting relegated.
posted on 31/7/24
Devon
Darren, no that is not what im saying.
What I am/ have said , when the ownership bought the club they fully expected to operate the club as an elite club, relying upon C/L status.
When they damaged the club to the extent that they did in the first season, the whole scenario began to unravel, it went out of control for them.
This has forced them to revaluate their position and strategy to such an extent that as long as they do enough for the club as a minimum to maintain EPL status, relying upon that level of income is key, then after successfully navigate FFP/PSR & gradually push up the league on a stable financial footing.
As i have repeatidly explained Im certain that they originally intended to operate the club as an elite level operation, but that opportunity has past for the time being 3/5 seasons?
Finally they ulitimatley they will focus on rebuilding the original investment value over time, imo.
posted on 31/7/24
They’re banking on the club being back in the CL and competing for the biggest honours soon - they expected top four last season. The sheer amount of money spent isn’t done when premier league status as the main source of income is in mind. I really don’t know how you come to these conclusions with the information readily available regarding the club.
posted on 31/7/24
Information available,
Seriously, your replying upon second hand media assumption & conjecture.
The reality lies in the actions the club is taking.
Bringing in an inexperienced manager, buying in access of 20 + youth/ young prospects, that will have zero impact on this season.
Selling solid squad players.
This not the actions of a club that is focused on a credible top four challenge.
If they were , they would have kept Poch, and brought in 2/3 solid pedigree players to support the younger footballers.
I would rather reply upon what the club are actually doing, opposed to a media outlet blabbering surley after spending all that money a top 4 challenge is the minimum.
Oh, contray to you understanding the club have not spent 2bln, as you you previously stated.Far from it.
Word, up get off the red tops & poor quality online sporting web sites, you may broaden your knowledge of CFC
posted on 31/7/24
Clubs statements don’t count then? You’re confusing the difference between the application and effectiveness of what the club have done and their intentions. The rest is just rambling.
posted on 31/7/24
comment by ifarka, (B-C- out) (U8182)
posted 1 hour, 59 minutes ago
Devon
Darren, no that is not what im saying.
What I am/ have said , when the ownership bought the club they fully expected to operate the club as an elite club, relying upon C/L status.
When they damaged the club to the extent that they did in the first season, the whole scenario began to unravel, it went out of control for them.
This has forced them to revaluate their position and strategy to such an extent that as long as they do enough for the club as a minimum to maintain EPL status, relying upon that level of income is key, then after successfully navigate FFP/PSR & gradually push up the league on a stable financial footing.
As i have repeatidly explained Im certain that they originally intended to operate the club as an elite level operation, but that opportunity has past for the time being 3/5 seasons?
Finally they ulitimatley they will focus on rebuilding the original investment value over time, imo.
----------------------------------------------------------------------
I would agree fully with you on this.
Plan A included being successful/Elite.
That part of the plan went out of the window and Plan A has now been adjusted out of necessity to exclude any immediate expectation of success (If they had wanted this then they would have kept Poch, sold a few kids for cash and bought an Osinhem or 2 to really move them on). This situation is probably why Poch effectively walked away, he will have wanted immediate impact signings while it is clear the owners are continuing the policy to accumulate youth/potential.
This strategy is now almost forced on them having fecked up the finances to a point where their decisions are also hugely influenced by meeting PSR compliance - something that will not have been envisaged in Plan A.
Their actions demonstrate their strategy and until they go out and add real quality to the first XI, to plug obvious gaps, their strategy will remain as buying youth and looking to build something for the future.
posted on 31/7/24
Darren ,
You are not suggesting that the club are going to announce we have fckd up so badly that our financial circumstances dictate how we go forward , as we are no longer in a position to compete at an elite level?
I can’t see that happening, I think they are spinning it , as any company would, publicly stating ambition, but in reality steering the club to a safe financial position.
Anyway mate time will tell, I’m sure we will speak again later on in the season 😉
posted on 5/8/24
Following on,
Conner Gallagher the Chelsea captain on his way to Atletico Madrid for 30m aprx, imo continues to underline that the ownership of CFC currently are fully focused on ensuring FFP/ PSR compliance & not building a team which will mount a credible top four challenge this season 24/25.
Actions do speak louder than words!
posted on 5/8/24
Page 2 of 2