I have the highlights of the Deloitte report (about 20 pages) so if you want anything specific I can have a look for you.

What is Net Debt precisely?

I don't understand the concept, is it debt minus cash reserve, or debt after interest or what?

Chelsea Net debt: £878m

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comment by Chris H (U15205) posted 4 minutes ago
What is Net Debt precisely?

I don't understand the concept, is it debt minus cash reserve, or debt after interest or what?

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Chris, Net Debt is a bit like net current liabilites. It is basically what you owe minus cash or anything liquid (something you can easily turn into cash).

So it is your short term debt and your long term debt together less the cash (and cash equivalents) you have.

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City net debt £58m?

fackin FFP dodging, self-sponsoring caants!

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Chris, Net Debt is a bit like net current liabilites. It is basically what you owe minus cash or anything liquid (something you can easily turn into cash).

Forgive me if I'm being ignorant, but Chelsea owe nearly £900m?!

We owe in reality nothing Arab, the 878m is what we owe Abramovich

Aaah I get you, cheers Oscar

comment by RVP's Left Foot - I believe… whatever doesn’t kill you simply makes you…stranger. (U11781) posted 1 minute ago
Chris, Net Debt is a bit like net current liabilites. It is basically what you owe minus cash or anything liquid (something you can easily turn into cash).

Forgive me if I'm being ignorant, but Chelsea owe nearly £900m?!

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They owe more than that gross. But yes.

"Roman Abramovich has taken the burden of his loans away from Chelsea Football Club itself, but these accounts for the holding company show the Russian oligarch's loans increased substantially in the year. Abramovich lent a further £79m to the Chelsea operation, increasing the total to a staggering £896m, poured into Chelsea since he bought the club in 2003."

"whilst Liverpool (for example) are showing net debts of £87m, that could be eradicated instantly by selling Suarez and Carroll (in theory)"

Not sure you'd get £86m for Suarez.

ffp

Kind of makes all Chelsea's success a bit hollow, as a football club.

Spurs are still owed something like £22m of the Modric fee from Real Madrid.......................................

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Kind of makes all Chelsea's success a bit hollow, as a football club.

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My thoughts exactly, makes a mockery of FFP.

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Don't really understand the Chelsea debt situation..so if abramovic were to pull out of the club, would the debt be saddled with him or with Chelsea?

Don't really understand the Chelsea debt situation..so if abramovic were to pull out of the club, would the debt be saddled with him or with Chelsea?
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Chelsea.

"Spurs are still owed something like £22m of the Modric fee from Real Madrid......................................."

I wouldn't hold your breath, I'm fairly sure we're still owed a few quid for Anelka.

Hollow to opposition fans

Forgive me if I'm being ignorant, but Chelsea owe nearly £900m?!

How do Chelsea square this in terms of FFP?

comment by Keano's Magic Hat (U10101) posted 5 seconds ago
Don't really understand the Chelsea debt situation..so if abramovic were to pull out of the club, would the debt be saddled with him or with Chelsea?

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If Abramhovic were to 'pull out' then Chelsea would owe him the money, but that would not help him becuase he wouldn't get it back.

The only way is if another super rich investor agreed to pay it off for him. Basically Abramovich can't just walk away as he would lose nearly £1b