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Here comes the money....

Despite Spurs etc fans fantasies, we will still have just as big a budget to spend on players when Roman leaves us

https://www.dailymail.co.uk/sport/sportsnews/article-10808705/Chelsea-announce-cryptocurrency-firm-WhaleFin-new-shirt-sleeve-sponsors-20m-year-deal.html

posted on 13/5/22

CFC, I see Spurs attendance last night of 62,027 was almost twice the Chelsea attendance of a little over 31,000 against Wolves.

posted on 13/5/22

comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 1 minute ago
CFC, I see Spurs attendance last night of 62,027 was almost twice the Chelsea attendance of a little over 31,000 against Wolves.
----------------------------------------------------------------------
Should be a health warning, 62,027 people inhaling the black smog and dust from spurs trophy cabinet

comment by Superb (U6486)

posted on 13/5/22

comment by morespurs (U15748)
posted 16 hours, 36 minutes ago
I think as Chelsea disappear from the top 4, Newcastle will replace them....As soon the new people in charge see the wage bills at Chelsea, they will demand culling and a "rethink" phase will happen....The "we buy young players and bring them through" from Daniel Levy's prize winning book
Watch this space
----------------------------------------------------------------------
Under the new ownership I expect Chelsea to stop throwing away hundreds of millions on poor signings and actually bring top players in that suit the system, coach and vision. Something we've been lacking in for a while. There's every chance that Chelsea become even better under this new ownership with better and more sensible structures in place at the club.

posted on 13/5/22

comment by Superb - Boehly's Blue Army (U6486)
posted 1 hour, 27 minutes ago
comment by morespurs (U15748)
posted 16 hours, 36 minutes ago
I think as Chelsea disappear from the top 4, Newcastle will replace them....As soon the new people in charge see the wage bills at Chelsea, they will demand culling and a "rethink" phase will happen....The "we buy young players and bring them through" from Daniel Levy's prize winning book
Watch this space
----------------------------------------------------------------------
Under the new ownership I expect Chelsea to stop throwing away hundreds of millions on poor signings and actually bring top players in that suit the system, coach and vision. Something we've been lacking in for a while. There's every chance that Chelsea become even better under this new ownership with better and more sensible structures in place at the club.
----------------------------------------------------------------------

Yes, let's hope so

Americans should be great at maxxing out our brand as World Champions and location in London

comment by JFDI (U1657)

posted on 13/5/22

comment by sandy, golden boot winner fa cup 1901 (U20567)
posted 1 hour, 43 minutes ago
CFC, I see Spurs attendance last night of 62,027 was almost twice the Chelsea attendance of a little over 31,000 against Wolves.
----------------------------------------------------------------------
Maybe you should suggest to the FA that they create a trophy for that, it might get lonely, but it would be a start.

posted on 30/8/22

comment by Striketeam7 - the smartest person you know - A... (U18109)
posted on 12/5/22
comment by JFDI (U1657)
posted 5 minutes ago
comment by Striketeam7 - the smartest person you know - Arsenal shat it on 16/01/22 (U18109)
posted 9 minutes ago
comment by morespurs (U15748)
posted 14 seconds ago
comment by JFDI (U1657)
posted 8 minutes ago
comment by Striketeam7 - the smartest person you know - Arsenal shat it on 16/01/22 (U18109)
posted 32 minutes ago
What’s Boehly taking out from this?

Let’s see what actually happens, Absolutelybno way are you being financed like you have been previously, you have American owners now and are more of an investment
----------------------------------------------------------------------
How were we financed previously?

I know you believe that all our money came from Roman but we did also generate a lot of revenue ourselves, and eill continue to do so. We were generating more revenue than spurs even before Roman arrived.
----------------------------------------------------------------------
Didn't Chelsea got sold off for £1?

----------------------------------------------------------------------

Yep, utter nonsense, the club financially had been run into the ground by Bates hence why it was sold so cheap.

What do I mean by how you were financed previously JFDI - well let’s start with the £1.5bn loan that Roman has now written off - it was hot news last week.
----------------------------------------------------------------------
Yes we were sold for 1 pound once, debts were on top of that, when Roman bought us there were also debts and Roman, at least for a while spent more than we earned. The debt in the 70s came about due to investment in the ground, the east stand which enabled Bates to buy us for a pound though he had to take on the debt. The debt Roman took on was largely on the back of two decades of first securing our home at the bridge through legal battles with a development company then re building the bridge, Roman paid Bates for that when he bought us. The 1.5b is debt Roman chose to build up and right off putting us where we are now. The new owners have commited another 1.75b to invest in the club over the next ten years, which will enable us to generate more revenue, as one thing we have become pretty good at anyway just in more recent times had a lot of catching up to do. Which we do not have to do now.

Our sponsorships, growth of fan base and academy revenue streams are all helping there.

The fact is you don't have a clue how our finances , or seemingly how finance in general works.

As for the 1.5b owed to Roman and written off. Look at it like the 1.75b investment commited in the recent sale, albuet over half the time. It's all part of the plan.
----------------------------------------------------------------------

The 1.75bn investment is to be spent on the ground, the womens team and other things outside of the mens team and will be staggered over a number of years - this was all front page (back page if you like) news last week. They ain’t spending £1.75bn on Chelsea’s first team.

Your revenues will be in line with the rest of the top 6, aside from City and possibly Newcastle now. Whether you like it or not, your “edge” in the past was that Roman could just go out and drop £200m+ on a summer spending spree - that won’t be happening anymore, you will probably spend around similar levels to Spurs and Arsenal this summer and slowly but surely slink down to our level - it’s essentially already started in the league with you dropping much closer to us since Roman went.
----------------------------------------------------------------------

‘ in the past was that Roman could just go out and drop £200m+ on a summer spending spree - that won’t be happening anymore‘


You should have listened to us, Spurs fans

comment by JFDI (U1657)

posted on 30/8/22

comment by CFC: Quad stoppers (U20729)
posted 3 hours, 9 minutes ago
comment by Striketeam7 - the smartest person you know - A... (U18109)
posted on 12/5/22
comment by JFDI (U1657)
posted 5 minutes ago
comment by Striketeam7 - the smartest person you know - Arsenal shat it on 16/01/22 (U18109)
posted 9 minutes ago
comment by morespurs (U15748)
posted 14 seconds ago
comment by JFDI (U1657)
posted 8 minutes ago
comment by Striketeam7 - the smartest person you know - Arsenal shat it on 16/01/22 (U18109)
posted 32 minutes ago
What’s Boehly taking out from this?

Let’s see what actually happens, Absolutelybno way are you being financed like you have been previously, you have American owners now and are more of an investment
----------------------------------------------------------------------
How were we financed previously?

I know you believe that all our money came from Roman but we did also generate a lot of revenue ourselves, and eill continue to do so. We were generating more revenue than spurs even before Roman arrived.
----------------------------------------------------------------------
Didn't Chelsea got sold off for £1?

----------------------------------------------------------------------

Yep, utter nonsense, the club financially had been run into the ground by Bates hence why it was sold so cheap.

What do I mean by how you were financed previously JFDI - well let’s start with the £1.5bn loan that Roman has now written off - it was hot news last week.
----------------------------------------------------------------------
Yes we were sold for 1 pound once, debts were on top of that, when Roman bought us there were also debts and Roman, at least for a while spent more than we earned. The debt in the 70s came about due to investment in the ground, the east stand which enabled Bates to buy us for a pound though he had to take on the debt. The debt Roman took on was largely on the back of two decades of first securing our home at the bridge through legal battles with a development company then re building the bridge, Roman paid Bates for that when he bought us. The 1.5b is debt Roman chose to build up and right off putting us where we are now. The new owners have commited another 1.75b to invest in the club over the next ten years, which will enable us to generate more revenue, as one thing we have become pretty good at anyway just in more recent times had a lot of catching up to do. Which we do not have to do now.

Our sponsorships, growth of fan base and academy revenue streams are all helping there.

The fact is you don't have a clue how our finances , or seemingly how finance in general works.

As for the 1.5b owed to Roman and written off. Look at it like the 1.75b investment commited in the recent sale, albuet over half the time. It's all part of the plan.
----------------------------------------------------------------------

The 1.75bn investment is to be spent on the ground, the womens team and other things outside of the mens team and will be staggered over a number of years - this was all front page (back page if you like) news last week. They ain’t spending £1.75bn on Chelsea’s first team.

Your revenues will be in line with the rest of the top 6, aside from City and possibly Newcastle now. Whether you like it or not, your “edge” in the past was that Roman could just go out and drop £200m+ on a summer spending spree - that won’t be happening anymore, you will probably spend around similar levels to Spurs and Arsenal this summer and slowly but surely slink down to our level - it’s essentially already started in the league with you dropping much closer to us since Roman went.
----------------------------------------------------------------------

‘ in the past was that Roman could just go out and drop £200m+ on a summer spending spree - that won’t be happening anymore‘


You should have listened to us, Spurs fans
----------------------------------------------------------------------
You just knew it wouldn't bode well for them from that point. They have got so much wrong over the years yet are still supremely confident in every straw they grasp, I almost admire them.

comment by Devil (U6522)

posted on 30/8/22

Sometimes I do wonder what goes on in the mind of a Spurs fan? I get the straw grasping, proclaiming false dawns for themselves & others that don't materialise, but honestly what's the point if your club makes you feel so bitter? Life's too short for that rubbish.

I know so many Spurs fans who have a light hearted attitude to the whole thing, and I've seen on this site they have it when interacting with each other, and that's the way to be. Football's meant to be a distraction, not a burden. If your club is perceived as a joke & you feel the same, laugh with people - cos when you respond defensively like they so often do, people start laughing at you.

And the wonderful thing about football, why it's worth investing in, is nothing lasts forever. Spursyness will die one day, there will come a time when they categorially are doing better than us & others for a sustained period of time (they've been near the top for too long to not have their moment in the sun eventually), so just roll with it

posted on 30/8/22

comment by JFDI (U1657)
posted 2 hours, 43 minutes ago
comment by CFC: Quad stoppers (U20729)
posted 3 hours, 9 minutes ago
comment by Striketeam7 - the smartest person you know - A... (U18109)
posted on 12/5/22
comment by JFDI (U1657)
posted 5 minutes ago
comment by Striketeam7 - the smartest person you know - Arsenal shat it on 16/01/22 (U18109)
posted 9 minutes ago
comment by morespurs (U15748)
posted 14 seconds ago
comment by JFDI (U1657)
posted 8 minutes ago
comment by Striketeam7 - the smartest person you know - Arsenal shat it on 16/01/22 (U18109)
posted 32 minutes ago
What’s Boehly taking out from this?

Let’s see what actually happens, Absolutelybno way are you being financed like you have been previously, you have American owners now and are more of an investment
----------------------------------------------------------------------
How were we financed previously?

I know you believe that all our money came from Roman but we did also generate a lot of revenue ourselves, and eill continue to do so. We were generating more revenue than spurs even before Roman arrived.
----------------------------------------------------------------------
Didn't Chelsea got sold off for £1?

----------------------------------------------------------------------

Yep, utter nonsense, the club financially had been run into the ground by Bates hence why it was sold so cheap.

What do I mean by how you were financed previously JFDI - well let’s start with the £1.5bn loan that Roman has now written off - it was hot news last week.
----------------------------------------------------------------------
Yes we were sold for 1 pound once, debts were on top of that, when Roman bought us there were also debts and Roman, at least for a while spent more than we earned. The debt in the 70s came about due to investment in the ground, the east stand which enabled Bates to buy us for a pound though he had to take on the debt. The debt Roman took on was largely on the back of two decades of first securing our home at the bridge through legal battles with a development company then re building the bridge, Roman paid Bates for that when he bought us. The 1.5b is debt Roman chose to build up and right off putting us where we are now. The new owners have commited another 1.75b to invest in the club over the next ten years, which will enable us to generate more revenue, as one thing we have become pretty good at anyway just in more recent times had a lot of catching up to do. Which we do not have to do now.

Our sponsorships, growth of fan base and academy revenue streams are all helping there.

The fact is you don't have a clue how our finances , or seemingly how finance in general works.

As for the 1.5b owed to Roman and written off. Look at it like the 1.75b investment commited in the recent sale, albuet over half the time. It's all part of the plan.
----------------------------------------------------------------------

The 1.75bn investment is to be spent on the ground, the womens team and other things outside of the mens team and will be staggered over a number of years - this was all front page (back page if you like) news last week. They ain’t spending £1.75bn on Chelsea’s first team.

Your revenues will be in line with the rest of the top 6, aside from City and possibly Newcastle now. Whether you like it or not, your “edge” in the past was that Roman could just go out and drop £200m+ on a summer spending spree - that won’t be happening anymore, you will probably spend around similar levels to Spurs and Arsenal this summer and slowly but surely slink down to our level - it’s essentially already started in the league with you dropping much closer to us since Roman went.
----------------------------------------------------------------------

‘ in the past was that Roman could just go out and drop £200m+ on a summer spending spree - that won’t be happening anymore‘


You should have listened to us, Spurs fans
----------------------------------------------------------------------
You just knew it wouldn't bode well for them from that point. They have got so much wrong over the years yet are still supremely confident in every straw they grasp, I almost admire them.
----------------------------------------------------------------------

😭😂

posted on 30/8/22

comment by Devonshirespur (U6316)
posted on 12/5/22
What bodes well for Spurs is that we have gone through our infrastructure investment and growth stage, and it was painful. We are now well placed and if we secured UCL football our revenues would comfortably exceed Chelsea's and when you add other uses of the stadium, possible sponsorship, may be more NFL then from now on its all gravy and the skies the limit.

Chelsea will need to invest massively in the infrastructure to raise their ceiling, which they are already pretty close to....it will be years of disruption. playing at wembley, constraints on spending. Its a nightmare, we know, we've done it!

Over the years Chelsea have successfully dropped out of the top 4 even without such disruption. Look how Arsenal's fortunes changed after their new stadium. Its a tough ride. In Spurs case it ultimately lead to the decline of the Poch era, for completely off field reasons.

Right now Spurs are very well placed, they are Chelsea's financial equals, more or less, but have scope to stretch away from them. Everything we do now is about what happens on the pitch.

With new ownership Chelsea cannot stand still because others have the financial scope to move past them, and you can add Newcastle to that list. People need to remember that these owners will not be handing over £1.75bn without expecting to get it back. The new ownership is largely backed by a private equity company, they are not charities, in fact the opposite. The Roman safety net is gone, suddenly every penny counts, every decision, every transfer matters because these investors are not philanthropists laundering their spare billions, they are investors expecting a return on something they paid £2.5bn for.
----------------------------------------------------------------------

What is the expert’s view now we have dropped 230m, big wages and six year contracts

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