I think our revenue increase and drop in losses will cover the £20m or so loss from champions league money personally
Agreed, people like Boris make football very unbearable sometimes
"Our first annual profit since striving to make the club self sufficient. Considering the losses we made previously I'd say this was a good step in the right direction no?"
Are you serious ??
You have stated here that Roman pays off ANY annual losses that Chelsky have made to date.
The business model by your own comments is :
Annual profit :
Annual loss : Roman gets out the cheque book and pays the creditors
Total number of : 1
Total number of cheques : 8
HOW is that "self-sufficient" ??
Roman-dependent is what you mean.
Can anybody else here ITK on Chelsky confirm that everything this guy has been writing is actually true ??
Agreed he's far too opinionated and it's either his way or he just acts like a child.
http://www.goal.com/en/news/9/england/2012/08/16/3311021/revealed-the-73m-package-that-lured-robin-van-persie-to
Goal.com
Are you fricken kicking me ??? You are either on the wum or perhaps the dumbest person on this site.
"Boris doesn't know as he is a City fan I don't expect him to know the inns and outs of what happens at Utd.
I couldn't give a flying F### what happens at City"
So you don't want to find it for me because I am a city fan? I'm not after it to have a go at United, if you knew my posting history, you would know that.
If that is the case though, why join a multiclub forum? Why not just go on Redcafe?
"The business model by your own comments is :
Annual profit :
Annual loss : Roman gets out the cheque book and pays the creditors
Total number of : 1
Total number of cheques : 8
"
The business model by my own comment is that any previous losses have been covered however we are taking a step in the right direction to not needing Roman to cover our losses as a result of this year's profit but as you still yet to gather this concept I'll expect another comment speaking about irrelevant things such as how we made a debt in 2005
Agreed he's far too opinionated and it's either his way or he just acts like a child.
I didn't realise posting links to try and disprove your claims was being childish. What heading does getting someone banned from your board come under?
Still crying about that Boris? You take the internet way too serious
Boris please feel free to take Goal.com or Dailymail as gospel that's your choice.
I however won't
Boris failed his GCSEs
They were called O levels in our day Arab
Supply a link that says RVP is on a more modest wage then.
"what is your overall wage bill now compared to before the older players left?"
lower
-----------------------------------------------------
So basically, you haven't a feckin clue and are making it up as you go along
I'm going for dinner now, so I'll sum up my thoughts on this...
The business model you described for your club is incapable of sustainability and shows no sign of making a real profit in it's current format. Projections are only that...there is no guarantee any of it will materialise.
To make real profitable returns you need to become a global brand like Man Utd, something you have shown no signs of being capable of doing despite all the investment.
Your cutting the wage bill, if indeed you have, is commendable but you admit you need to invest to win trophies. As a result you still buy expensive players and pay wages higher than most PL clubs. Because of this extra expenditure, success is critical for sponsorship and revenue. Otherwise your owner will have to put his hand in his pocket again
Your belief that having your owner devalue your club in order to pay off debt is a sensible, sustainable way of operating beggars belief and shows a fundamental lack of business acumen.
and for those reasons alone...I'm out
"The business model by my own comment is that any previous losses have been covered however we are taking a step in the right direction to not needing Roman to cover our losses as a result of this year's profit but as you still yet to gather this concept I'll expect another comment speaking about irrelevant things such as how we made a debt in 2005"
Sorry mate, but all you have done is made some quite weird claims about how the clubs' owner deals with the annual profit/loss sheet (8 of which by your own word have been losses) .
But not to say that they are not fact (hence my asking for others more ITK on Chelskys' accounts to comment) .
Boris you are very mistaken if you think I'm going to do this just to argue my point.
Not the kind of person that needs to do this, I know that I'm right. It's down to you where you choose to look for your information.
Utd have a wage structure and the figures you talk about far exceed the structure.
http://www.telegraph.co.uk/sport/football/teams/manchester-united/9462693/Manchester-United-show-their-title-ambitions-by-offering-Robin-van-Persie-wage-parity-with-Wayne-Rooney.html
I suppose the Telegraph is an anti-United, red-top gossip pit as well.
What heading does getting someone banned from your board come under?
Thankfully the gentlemen on the City board don't copy the dippers,potatoes and rags who have a hotline for crying to admin
"So basically, you haven't a feckin clue and are making it up as you go along "
No basically I am saying using basic logic that states players such as Drogba, Kalou, Alex, Anelka who had £100k+ wages going off the wage bill and being replaced by players on less than £70k wages will present a significant drop in wages. The exact figures are for you to find out.
"The business model you described for your club is incapable of sustainability "
No as we made a profit this year.
"shows no sign of making a real profit in it's current format."
We made a profit this year.
"Projections are only that...there is no guarantee any of it will materialise."
well put it this way I don't expect there to be some sort of storm that sweeps away all the cash in our bank.
"To make real profitable returns you need to become a global brand like Man Utd, something you have shown no signs of being capable of doing despite all the investment.
"
Explains why we make the 5th highest revenue of every club in the world.
"As a result you still buy expensive players"
We can afford this.
"Your belief that having your owner devalue your club in order to pay off debt is a sensible, sustainable way of operating beggars belief and shows a fundamental lack of business acumen.
"
What does it matter that the sole share holder earns more equity in the parent club?
You are also aware that a lot of these big earners (including your own clubs players) have a basic wage which is still very high but the rest of the figures that are reported in such papers like the Dailymail include the players commercial deals.
If you cannot understand this I won't bother anymore.
"Sorry mate, but all you have done is made some quite weird claims about how the clubs' owner deals with the annual profit/loss sheet (8 of which by your own word have been losses) .
"
Has Roman covered losses made in previous years with his own money? Have we posted a profit this year? Answer these questions please
Again Boris that is just a paper report.
The Telegraph reported that we had signed various players over the summer.
Even if Chelsea have reduced the wage bill they will still be running at a loss I reckon due to lack of CL income and their huge transfer fees in the summer.
If this does come in it will curtail their large spending I would imagine.
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Premier League clubs agree new cost control
Page 11 of 17
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posted on 18/12/12
I think our revenue increase and drop in losses will cover the £20m or so loss from champions league money personally
posted on 18/12/12
Agreed, people like Boris make football very unbearable sometimes
posted on 18/12/12
"Our first annual profit since striving to make the club self sufficient. Considering the losses we made previously I'd say this was a good step in the right direction no?"
Are you serious ??
You have stated here that Roman pays off ANY annual losses that Chelsky have made to date.
The business model by your own comments is :
Annual profit :
Annual loss : Roman gets out the cheque book and pays the creditors
Total number of : 1
Total number of cheques : 8
HOW is that "self-sufficient" ??
Roman-dependent is what you mean.
Can anybody else here ITK on Chelsky confirm that everything this guy has been writing is actually true ??
posted on 18/12/12
Agreed he's far too opinionated and it's either his way or he just acts like a child.
posted on 18/12/12
http://www.goal.com/en/news/9/england/2012/08/16/3311021/revealed-the-73m-package-that-lured-robin-van-persie-to
posted on 18/12/12
Goal.com
posted on 18/12/12
Goal.com
Are you fricken kicking me ??? You are either on the wum or perhaps the dumbest person on this site.
posted on 18/12/12
"Boris doesn't know as he is a City fan I don't expect him to know the inns and outs of what happens at Utd.
I couldn't give a flying F### what happens at City"
So you don't want to find it for me because I am a city fan? I'm not after it to have a go at United, if you knew my posting history, you would know that.
If that is the case though, why join a multiclub forum? Why not just go on Redcafe?
posted on 18/12/12
"The business model by your own comments is :
Annual profit :
Annual loss : Roman gets out the cheque book and pays the creditors
Total number of : 1
Total number of cheques : 8
"
The business model by my own comment is that any previous losses have been covered however we are taking a step in the right direction to not needing Roman to cover our losses as a result of this year's profit but as you still yet to gather this concept I'll expect another comment speaking about irrelevant things such as how we made a debt in 2005
posted on 18/12/12
Boris failed his GCSEs
posted on 18/12/12
Agreed he's far too opinionated and it's either his way or he just acts like a child.
I didn't realise posting links to try and disprove your claims was being childish. What heading does getting someone banned from your board come under?
posted on 18/12/12
Still crying about that Boris? You take the internet way too serious
posted on 18/12/12
Boris please feel free to take Goal.com or Dailymail as gospel that's your choice.
I however won't
posted on 18/12/12
Boris failed his GCSEs
They were called O levels in our day Arab
posted on 18/12/12
Supply a link that says RVP is on a more modest wage then.
posted on 18/12/12
"what is your overall wage bill now compared to before the older players left?"
lower
-----------------------------------------------------
So basically, you haven't a feckin clue and are making it up as you go along
I'm going for dinner now, so I'll sum up my thoughts on this...
The business model you described for your club is incapable of sustainability and shows no sign of making a real profit in it's current format. Projections are only that...there is no guarantee any of it will materialise.
To make real profitable returns you need to become a global brand like Man Utd, something you have shown no signs of being capable of doing despite all the investment.
Your cutting the wage bill, if indeed you have, is commendable but you admit you need to invest to win trophies. As a result you still buy expensive players and pay wages higher than most PL clubs. Because of this extra expenditure, success is critical for sponsorship and revenue. Otherwise your owner will have to put his hand in his pocket again
Your belief that having your owner devalue your club in order to pay off debt is a sensible, sustainable way of operating beggars belief and shows a fundamental lack of business acumen.
and for those reasons alone...I'm out
posted on 18/12/12
"The business model by my own comment is that any previous losses have been covered however we are taking a step in the right direction to not needing Roman to cover our losses as a result of this year's profit but as you still yet to gather this concept I'll expect another comment speaking about irrelevant things such as how we made a debt in 2005"
Sorry mate, but all you have done is made some quite weird claims about how the clubs' owner deals with the annual profit/loss sheet (8 of which by your own word have been losses) .
But not to say that they are not fact (hence my asking for others more ITK on Chelskys' accounts to comment) .
posted on 18/12/12
Boris you are very mistaken if you think I'm going to do this just to argue my point.
Not the kind of person that needs to do this, I know that I'm right. It's down to you where you choose to look for your information.
Utd have a wage structure and the figures you talk about far exceed the structure.
posted on 18/12/12
http://www.telegraph.co.uk/sport/football/teams/manchester-united/9462693/Manchester-United-show-their-title-ambitions-by-offering-Robin-van-Persie-wage-parity-with-Wayne-Rooney.html
I suppose the Telegraph is an anti-United, red-top gossip pit as well.
posted on 18/12/12
What heading does getting someone banned from your board come under?
Thankfully the gentlemen on the City board don't copy the dippers,potatoes and rags who have a hotline for crying to admin
posted on 18/12/12
"So basically, you haven't a feckin clue and are making it up as you go along "
No basically I am saying using basic logic that states players such as Drogba, Kalou, Alex, Anelka who had £100k+ wages going off the wage bill and being replaced by players on less than £70k wages will present a significant drop in wages. The exact figures are for you to find out.
"The business model you described for your club is incapable of sustainability "
No as we made a profit this year.
"shows no sign of making a real profit in it's current format."
We made a profit this year.
"Projections are only that...there is no guarantee any of it will materialise."
well put it this way I don't expect there to be some sort of storm that sweeps away all the cash in our bank.
"To make real profitable returns you need to become a global brand like Man Utd, something you have shown no signs of being capable of doing despite all the investment.
"
Explains why we make the 5th highest revenue of every club in the world.
"As a result you still buy expensive players"
We can afford this.
"Your belief that having your owner devalue your club in order to pay off debt is a sensible, sustainable way of operating beggars belief and shows a fundamental lack of business acumen.
"
What does it matter that the sole share holder earns more equity in the parent club?
posted on 18/12/12
You are also aware that a lot of these big earners (including your own clubs players) have a basic wage which is still very high but the rest of the figures that are reported in such papers like the Dailymail include the players commercial deals.
If you cannot understand this I won't bother anymore.
posted on 18/12/12
"Sorry mate, but all you have done is made some quite weird claims about how the clubs' owner deals with the annual profit/loss sheet (8 of which by your own word have been losses) .
"
Has Roman covered losses made in previous years with his own money? Have we posted a profit this year? Answer these questions please
posted on 18/12/12
Again Boris that is just a paper report.
The Telegraph reported that we had signed various players over the summer.
posted on 18/12/12
Even if Chelsea have reduced the wage bill they will still be running at a loss I reckon due to lack of CL income and their huge transfer fees in the summer.
If this does come in it will curtail their large spending I would imagine.
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