Gauging NPE's reaction to no Mata or Luiz playing after his bird dumping him she must have needed police protection

RVP the one where he goes to California as a doctrine of art

If you haven't seen it you have to

You Guys

I look fantastic. Drop dead TCP.
Haps New Year Blu-eeees

Sky - Chelsea announce loss of 49.4M for financial year ending June 30th

Chelsea have announced an annual loss of £49.4million in their latest financial figures, released today.

It is a slip back into the red for the big-spending west London club which recorded a small profit of £1.4m the previous year.

These figures cover the 12 months ending 30 June 2013 and highlight the cost of crashing out of the Champions League at the group stage as they did last season.


For Chelsea’s board of directors, however, there is the encouragement of record turnover, improving commercial performance and the key aspect is that the numbers will comply with UEFA’s criteria for Financial Fair Play (FFP).

About £15m of the overall loss comes from investments in infrastructure and youth development, which do not count towards the FFP calculations.

Chairman Bruce Buck said: 'From the very beginning of the current ownership of Chelsea Football Club, a long-term objective was financial sustainability, and the subsequent implementation of Financial Fair Play by UEFA and by the Premier League has brought that to the top of the agenda for football clubs.

'We are pleased therefore that we will meet the stipulations set down by UEFA in their first assessment period, and by our own analysis we are progressing from a commercial viewpoint as well as continuing to add trophies to our collection, which we never lose sight of as our most important goal.'

Chelsea’s group turnover increased for a fourth successive year to £255.8m (up from £227.3m) and a 19% increase in commercial income was up to £79.6m.

Future projections are good with a record-breaking Adidas kit deal worth £300m over 10 years, secured in June, which will not start to appear until the next set of financial figures.

The small profit for the financial year ending in 2012 (the club’s first recorded profit in the Abramovich era) was explained by an unusual profit from player sales including £14m for Yuri Zhirkov and seven-figure fees for Nemanja Matic, Alex, Slobodan Rajkovic and Michael Mancienne

Chief executive Ron Gourlay said: 'For Chelsea FC to achieve a record level of turnover despite our first group-stage elimination from the Champions League shows we have structured our business and are growing in the correct way for long-term stability.

'Our philosophy is we build upon success on the pitch and although in these financial results we haven’t repeated the sizeable profits made the previous year from player transfers, we believe the age profile of the existing squad means we will benefit from that investment for many years to come.

'A successful team builds awareness around the world and our increased commercial revenues in 2012/13 and new or extended partnership deals demonstrate we are working hard to capitalise on that.'

Daily Mail -

PROFIT/LOSS UNDER ABRAMOVICH

2004 - Loss £74.7m
2005 - Loss £131.6m
2006 - Loss £77.1m
2007 - Loss £65.6m
2008 - Loss £69.2m
2009 - Loss £45.8m
2010 - Loss £69.2m
2011 - Loss £70.7m
2012 - Profit £1.4m
2013 - Loss £49.4m

£50m and still comply with FFP rules

Obers - 15M is deducted for youth development etc, as is the profit of last season plus any charitable donations made. So it goes to about 33M which under UEFA regulations over 3 years is about a loss of 11M per season, the current limit is 15M.

Further losses if we repurchase Matic.

Loss and a gain

Na Arab we were shît. Only salvaged our season into an average one in the last couple of months.

Loss =/= Bad season imo

Steve that is way too lenient (not that I'm complaining). It would take an extraordinary situation for any club to fail to comply with the rules.

What does the verb 'to pree' mean?

To take notice of something/To pay close attention

In April we were facing the prospect of finishing outside the top 4 and potentially going trophyless. Boos at every home match, clueless manager in charge, it was a pretty rubbish season up until that point having already sacked a club legend.

Obers - Sort of. Not every club will be able to claim they're figures can be offset by youth team financing etc. Plus when you look at it, we are (at the minute) only about 4/5M off being on/over the limit. So if you're loss is over 50M then you're pretty much border lining the rule. It is a bit lenient though, but then again it has to be.