He's not in it to lose a billion pounds either though?
---------------
That was his choice, he invested the money, it wasn't like we had 900m debt he paid for us, he gave us it to buy players and redevelop the club etc etc
Comment deleted by Site Moderator
Basically Abramovich can't just walk away as he would lose nearly £1bn
No that is the money Roman has put into the club, he's the owner so its money he owes himself therefore balancing it meaning nothing is owed, if he were to walk away he wouldn't be owed anything
Comment deleted by Site Moderator
He's not in it to make money though Anfield
----
I have a brother who is a Chelsea fans who believes that football will one day become profitable enough for Roman to get him money back.
Some people are really not getting it lol, It was Romans choice to give us & spend that 900m not the clubs, we didn't spent it and go running to Roman for a loan, he chose too
OP, have you got a link for this report?
comment by Bloopaloop (U9437) posted 36 seconds ago
Basically Abramovich can't just walk away as he would lose nearly £1bn
No that is the money Roman has put into the club, he's the owner so its money he owes himself therefore balancing it meaning nothing is owed, if he were to walk away he wouldn't be owed anything
-----------------------------------------------------
Incorrect - it is money he has loaned the club. If he were to walk away Chelsea would have to pay him back. He wants it back when/if they start making a profit like an investor does with their business.
He is not gifting them £1bill.
I actually don't believe that Roman will walk away any time soon. You have to wonder though what will happen if he actually does.
We're well on our way to paying Roman back with the £1.4m profit we made last year.
Comment deleted by Site Moderator
Comment deleted by Site Moderator
Oscar is implying he has.
---------------
No i'm not? Read my above comment i said " We didn't need 900m and go running to Roman for a loan, he chose to "
FFP isn't about debt, it's about forcing clubs to spend money the club generates via revenue streams.
I'm not saying he will walk, but anybody with even a fraction of a braincell lends that kind of money with some kind of guarantee.
If he isn't expecting it back, why is it a debt against the club?
There's a world of difference between a loan and a gift.
----------------------------
Begs the question of why he hasn't written it off yet. Is he allowed to do that BTW?
OP have you got a link for this report?
Comment deleted by Site Moderator
Begs the question of why he hasn't written it off yet
true
Begs the question of why he hasn't written it off yet.
........
A very good question.
City's owners have written off all their expenditure.
comment by Mr Chelsea ✪ (U3579) posted 1 minute ago
OP have you got a link for this report?
---------------------------------------
I have the report on PDF sent to me by someone who worked there. It is only the highlighted package, the full one is 90 pages or summat. You have to pay for it so I doubt it will be online anywhere yet.
comment by Oscar. The Fantastic Four - Cech, JT, Lamps, Drogba, Legends,Leaders,Heroes !! Our god has finally returned, Welcome home Jose!!!!!!CFC 1L 1L 1C. (U12980)
posted 7 minutes ago
He has 10 billion, a billion to him is about £10,000 to us, he wanted to own a football club and he became a fan of the football club, it's a passion for him and he has never shown any signs of being in it for the money and he probably couldn't give a crap
----------------------------------------------------------------
Roman has 10billion pounds now, when he bought us he was valued at around 6.6 billion. He is currently 3.4 billion richer than he was in 2003 despite a global recession, divorce, a number of yachts and airplanes purchased and all the money he spent on Chelsea.
Do you really think he is that concerned?
He is currently 3.4 billion richer than he was in 2003 despite a global recession, divorce, a number of yachts and airplanes purchased and all the money he spent on Chelsea.
-------------
Everton
Turnover: 8th in league, £81m
Wage bill: 10th, £63m
Net debt: £46m
Liverpool
Turnover: 5th in league, £169m
Wage bill: 5th, £119m
Net debt: £87m
Liverpool's figures are nearly twice that of Everton's yet we finished above them twice on the bounce. And folk mock Moyes.
There is no value to Roman to write it off. If he does, then if Chelsea get taken over he will not recoup what he has put in.
If they do not he can claim the debt back from the profts they make.
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Financial Review of Football
Page 3 of 9
6 | 7 | 8 | 9
posted on 6/6/13
He's not in it to lose a billion pounds either though?
---------------
That was his choice, he invested the money, it wasn't like we had 900m debt he paid for us, he gave us it to buy players and redevelop the club etc etc
posted on 6/6/13
Comment deleted by Site Moderator
posted on 6/6/13
Basically Abramovich can't just walk away as he would lose nearly £1bn
No that is the money Roman has put into the club, he's the owner so its money he owes himself therefore balancing it meaning nothing is owed, if he were to walk away he wouldn't be owed anything
posted on 6/6/13
Comment deleted by Site Moderator
posted on 6/6/13
He's not in it to make money though Anfield
----
I have a brother who is a Chelsea fans who believes that football will one day become profitable enough for Roman to get him money back.
posted on 6/6/13
Some people are really not getting it lol, It was Romans choice to give us & spend that 900m not the clubs, we didn't spent it and go running to Roman for a loan, he chose too
posted on 6/6/13
OP, have you got a link for this report?
posted on 6/6/13
comment by Bloopaloop (U9437) posted 36 seconds ago
Basically Abramovich can't just walk away as he would lose nearly £1bn
No that is the money Roman has put into the club, he's the owner so its money he owes himself therefore balancing it meaning nothing is owed, if he were to walk away he wouldn't be owed anything
-----------------------------------------------------
Incorrect - it is money he has loaned the club. If he were to walk away Chelsea would have to pay him back. He wants it back when/if they start making a profit like an investor does with their business.
He is not gifting them £1bill.
posted on 6/6/13
I actually don't believe that Roman will walk away any time soon. You have to wonder though what will happen if he actually does.
posted on 6/6/13
We're well on our way to paying Roman back with the £1.4m profit we made last year.
posted on 6/6/13
Comment deleted by Site Moderator
posted on 6/6/13
Mr C.
posted on 6/6/13
Comment deleted by Site Moderator
posted on 6/6/13
Oscar is implying he has.
---------------
No i'm not? Read my above comment i said " We didn't need 900m and go running to Roman for a loan, he chose to "
posted on 6/6/13
FFP isn't about debt, it's about forcing clubs to spend money the club generates via revenue streams.
posted on 6/6/13
I'm not saying he will walk, but anybody with even a fraction of a braincell lends that kind of money with some kind of guarantee.
If he isn't expecting it back, why is it a debt against the club?
There's a world of difference between a loan and a gift.
----------------------------
Begs the question of why he hasn't written it off yet. Is he allowed to do that BTW?
posted on 6/6/13
OP have you got a link for this report?
posted on 6/6/13
Comment deleted by Site Moderator
posted on 6/6/13
Begs the question of why he hasn't written it off yet
true
posted on 6/6/13
Begs the question of why he hasn't written it off yet.
........
A very good question.
City's owners have written off all their expenditure.
posted on 6/6/13
comment by Mr Chelsea ✪ (U3579) posted 1 minute ago
OP have you got a link for this report?
---------------------------------------
I have the report on PDF sent to me by someone who worked there. It is only the highlighted package, the full one is 90 pages or summat. You have to pay for it so I doubt it will be online anywhere yet.
posted on 6/6/13
comment by Oscar. The Fantastic Four - Cech, JT, Lamps, Drogba, Legends,Leaders,Heroes !! Our god has finally returned, Welcome home Jose!!!!!!CFC 1L 1L 1C. (U12980)
posted 7 minutes ago
He has 10 billion, a billion to him is about £10,000 to us, he wanted to own a football club and he became a fan of the football club, it's a passion for him and he has never shown any signs of being in it for the money and he probably couldn't give a crap
----------------------------------------------------------------
Roman has 10billion pounds now, when he bought us he was valued at around 6.6 billion. He is currently 3.4 billion richer than he was in 2003 despite a global recession, divorce, a number of yachts and airplanes purchased and all the money he spent on Chelsea.
Do you really think he is that concerned?
posted on 6/6/13
He is currently 3.4 billion richer than he was in 2003 despite a global recession, divorce, a number of yachts and airplanes purchased and all the money he spent on Chelsea.
-------------
posted on 6/6/13
Everton
Turnover: 8th in league, £81m
Wage bill: 10th, £63m
Net debt: £46m
Liverpool
Turnover: 5th in league, £169m
Wage bill: 5th, £119m
Net debt: £87m
Liverpool's figures are nearly twice that of Everton's yet we finished above them twice on the bounce. And folk mock Moyes.
posted on 6/6/13
There is no value to Roman to write it off. If he does, then if Chelsea get taken over he will not recoup what he has put in.
If they do not he can claim the debt back from the profts they make.
Page 3 of 9
6 | 7 | 8 | 9