https://news.sky.com/story/chelsea-fc-takeover-official-as-government-approve-sale-12620888
No guys, we are going to go bust and not be able to play Prem fixtures anymore.
Listen to SteveF and Luca
And saddled with Roman’s debt no one will want to buy the club
comment by CFC: Quad stoppers (U20729)
posted 2 minutes ago
And saddled with Roman’s debt no one will want to buy the club
----------------------------------------------------------------------
It was always clear to anyone that has half a brain cel that debt becomes part of the sale value but at least we don't have to keep trying to explain that to numptys anymore.
comment by JFDI (U1657)
posted 0 seconds ago
comment by CFC: Quad stoppers (U20729)
posted 2 minutes ago
And saddled with Roman’s debt no one will want to buy the club
----------------------------------------------------------------------
It was always clear to anyone that has half a brain cel that debt becomes part of the sale value but at least we don't have to keep trying to explain that to numptys anymore.
----------------------------------------------------------------------
Actually that's probably wishful thinking.
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
They will come up with something JFDI, they always do lol
comment by Devonshirespur (U6316)
posted 52 seconds ago
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
----------------------------------------------------------------------
There it is
You spent £1.25bn on transfer in the last 10 years and your new owners have committed to spend at least £0.5bn less than that in the next 10....so generous
Enjoy!
comment by Devonshirespur (U6316)
posted 2 minutes ago
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
----------------------------------------------------------------------
Yes but football clubs don’t make other revenues to spend on players or wages, do they?
A Spurs fan obsessed with how much a Chelsea owner spends, haven’t seen that before…
comment by Randomer (U5245)
posted 1 minute ago
A Spurs fan obsessed with how much a Chelsea owner spends, haven’t seen that before…
----------------------------------------------------------------------
With no understanding whatsoever either
PS Roman will want his £1.5bn back…. Hello SteveF Luca
comment by CFC: Quad stoppers (U20729)
posted 1 minute ago
comment by Devonshirespur (U6316)
posted 2 minutes ago
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
----------------------------------------------------------------------
Yes but football clubs don’t make other revenues to spend on players or wages, do they?
----------------------------------------------------------------------
You have been duped !
Their commitment says nothing about the source of the money and its likely to be borrowing and spending of revenues earned.......its not saying its coming from their back pocket.
And when you consider Forbes value Man Utd at £3.3bn, your investor owners are not going to spend £2.5bn to buy, invest a further £1.75bn of their own money and expect to get back their total £4.25bn, and unlike Roman, they will expect a return on their money in the form of capital growth.
Mostof the LA Dodgers fans are wondering which Chelsea players will be sold to finance their next big draft signings.
I am not saying Chelsea are going to the wall, just that your financial realities will now be more normal
comment by Devonshirespur (U6316)
posted 21 seconds ago
I am not saying Chelsea are going to the wall, just that your financial realities will now be more normal
----------------------------------------------------------------------
There is no such thing as normal, every club has a model that suits there owners and shareholders.
comment by Devonshirespur (U6316)
posted 7 minutes ago
You spent £1.25bn on transfer in the last 10 years and your new owners have committed to spend at least £0.5bn less than that in the next 10....so generous
Enjoy!
----------------------------------------------------------------------
We’ll enjoy it just as much as we’ll enjoy Spurs winning fack all as per usual
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
comment by Chelsea_since_summer_1969 ✯✯ (U1561)
posted 6 seconds ago
comment by Devonshirespur (U6316)
posted 7 minutes ago
You spent £1.25bn on transfer in the last 10 years and your new owners have committed to spend at least £0.5bn less than that in the next 10....so generous
Enjoy!
----------------------------------------------------------------------
We’ll enjoy it just as much as we’ll enjoy Spurs winning fack all as per usual
----------------------------------------------------------------------
Thickos like this tend to forget that we are not in the same position that we were 20 years ago.
comment by Randomer (U5245)
posted 52 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
https://twitter.com/jackpittbrooke/status/1529357565666131968?s=21
Another little nugget you might be interested while gleefully chatting brown about Chelsea
comment by Randomer (U5245)
posted 16 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
There is no harm in borrowing, the point im making, which seems to have gone straight over your head, is that it costs and needs repaying. Under Roman, it didnt. Under investment company ownership, it will!
Spurs, like any other club, had to cover off losses made during the pandemic. We borrowed from teh Government, and then paid it back and refinanced the debt, so we are paying off those losses over time. Most other clubs will be covering off their losses through borrowing. Roman covered yours and now he's not getting his debt back so you did well in this respect
comment by Devonshirespur (U6316)
posted 1 minute ago
comment by Randomer (U5245)
posted 16 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
There is no harm in borrowing, the point im making, which seems to have gone straight over your head, is that it costs and needs repaying. Under Roman, it didnt. Under investment company ownership, it will!
Spurs, like any other club, had to cover off losses made during the pandemic. We borrowed from teh Government, and then paid it back and refinanced the debt, so we are paying off those losses over time. Most other clubs will be covering off their losses through borrowing. Roman covered yours and now he's not getting his debt back so you did well in this respect
----------------------------------------------------------------------
Roman is getting nothing actually, not even his debt.
There are legally binding clauses in the sale details that prevent the new owners taking any profit or selling any shared in the club for ten years.
Mate I’m not interested in whatever your point is because you made it clear several comments aho you haven’t got a clue.
Focus on your own team
comment by Randomer (U5245)
posted 6 minutes ago
comment by Randomer (U5245)
posted 52 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
https://twitter.com/jackpittbrooke/status/1529357565666131968?s=21
Another little nugget you might be interested while gleefully chatting brown about Chelsea
----------------------------------------------------------------------
What's your point here? Spurs owners have injected money into the club. This is a good thing for Spurs.
Sign in if you want to comment
Sale Approved
Page 1 of 4
posted on 25/5/22
https://news.sky.com/story/chelsea-fc-takeover-official-as-government-approve-sale-12620888
posted on 25/5/22
No guys, we are going to go bust and not be able to play Prem fixtures anymore.
Listen to SteveF and Luca
posted on 25/5/22
And saddled with Roman’s debt no one will want to buy the club
posted on 25/5/22
comment by CFC: Quad stoppers (U20729)
posted 2 minutes ago
And saddled with Roman’s debt no one will want to buy the club
----------------------------------------------------------------------
It was always clear to anyone that has half a brain cel that debt becomes part of the sale value but at least we don't have to keep trying to explain that to numptys anymore.
posted on 25/5/22
comment by JFDI (U1657)
posted 0 seconds ago
comment by CFC: Quad stoppers (U20729)
posted 2 minutes ago
And saddled with Roman’s debt no one will want to buy the club
----------------------------------------------------------------------
It was always clear to anyone that has half a brain cel that debt becomes part of the sale value but at least we don't have to keep trying to explain that to numptys anymore.
----------------------------------------------------------------------
Actually that's probably wishful thinking.
posted on 25/5/22
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
posted on 25/5/22
They will come up with something JFDI, they always do lol
posted on 25/5/22
comment by Devonshirespur (U6316)
posted 52 seconds ago
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
----------------------------------------------------------------------
There it is
posted on 25/5/22
You spent £1.25bn on transfer in the last 10 years and your new owners have committed to spend at least £0.5bn less than that in the next 10....so generous
Enjoy!
posted on 25/5/22
comment by Devonshirespur (U6316)
posted 2 minutes ago
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
----------------------------------------------------------------------
Yes but football clubs don’t make other revenues to spend on players or wages, do they?
posted on 25/5/22
A Spurs fan obsessed with how much a Chelsea owner spends, haven’t seen that before…
posted on 25/5/22
comment by Randomer (U5245)
posted 1 minute ago
A Spurs fan obsessed with how much a Chelsea owner spends, haven’t seen that before…
----------------------------------------------------------------------
With no understanding whatsoever either
posted on 25/5/22
PS Roman will want his £1.5bn back…. Hello SteveF Luca
posted on 25/5/22
comment by CFC: Quad stoppers (U20729)
posted 1 minute ago
comment by Devonshirespur (U6316)
posted 2 minutes ago
Enjoy being owned by a private equity firm!
And dont be duped by the commitment to spend £1.75bn over 10 years. That amounts to £1bn for a stadium, probably through borrowing, and £75m a year in transfers, which is less than you spend already
----------------------------------------------------------------------
Yes but football clubs don’t make other revenues to spend on players or wages, do they?
----------------------------------------------------------------------
You have been duped !
Their commitment says nothing about the source of the money and its likely to be borrowing and spending of revenues earned.......its not saying its coming from their back pocket.
And when you consider Forbes value Man Utd at £3.3bn, your investor owners are not going to spend £2.5bn to buy, invest a further £1.75bn of their own money and expect to get back their total £4.25bn, and unlike Roman, they will expect a return on their money in the form of capital growth.
posted on 25/5/22
Mostof the LA Dodgers fans are wondering which Chelsea players will be sold to finance their next big draft signings.
posted on 25/5/22
I am not saying Chelsea are going to the wall, just that your financial realities will now be more normal
posted on 25/5/22
comment by Devonshirespur (U6316)
posted 21 seconds ago
I am not saying Chelsea are going to the wall, just that your financial realities will now be more normal
----------------------------------------------------------------------
There is no such thing as normal, every club has a model that suits there owners and shareholders.
posted on 25/5/22
comment by Devonshirespur (U6316)
posted 7 minutes ago
You spent £1.25bn on transfer in the last 10 years and your new owners have committed to spend at least £0.5bn less than that in the next 10....so generous
Enjoy!
----------------------------------------------------------------------
We’ll enjoy it just as much as we’ll enjoy Spurs winning fack all as per usual
posted on 25/5/22
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
posted on 25/5/22
comment by Chelsea_since_summer_1969 ✯✯ (U1561)
posted 6 seconds ago
comment by Devonshirespur (U6316)
posted 7 minutes ago
You spent £1.25bn on transfer in the last 10 years and your new owners have committed to spend at least £0.5bn less than that in the next 10....so generous
Enjoy!
----------------------------------------------------------------------
We’ll enjoy it just as much as we’ll enjoy Spurs winning fack all as per usual
----------------------------------------------------------------------
Thickos like this tend to forget that we are not in the same position that we were 20 years ago.
posted on 25/5/22
comment by Randomer (U5245)
posted 52 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
https://twitter.com/jackpittbrooke/status/1529357565666131968?s=21
Another little nugget you might be interested while gleefully chatting brown about Chelsea
posted on 25/5/22
comment by Randomer (U5245)
posted 16 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
There is no harm in borrowing, the point im making, which seems to have gone straight over your head, is that it costs and needs repaying. Under Roman, it didnt. Under investment company ownership, it will!
Spurs, like any other club, had to cover off losses made during the pandemic. We borrowed from teh Government, and then paid it back and refinanced the debt, so we are paying off those losses over time. Most other clubs will be covering off their losses through borrowing. Roman covered yours and now he's not getting his debt back so you did well in this respect
posted on 25/5/22
comment by Devonshirespur (U6316)
posted 1 minute ago
comment by Randomer (U5245)
posted 16 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
There is no harm in borrowing, the point im making, which seems to have gone straight over your head, is that it costs and needs repaying. Under Roman, it didnt. Under investment company ownership, it will!
Spurs, like any other club, had to cover off losses made during the pandemic. We borrowed from teh Government, and then paid it back and refinanced the debt, so we are paying off those losses over time. Most other clubs will be covering off their losses through borrowing. Roman covered yours and now he's not getting his debt back so you did well in this respect
----------------------------------------------------------------------
Roman is getting nothing actually, not even his debt.
There are legally binding clauses in the sale details that prevent the new owners taking any profit or selling any shared in the club for ten years.
posted on 25/5/22
Mate I’m not interested in whatever your point is because you made it clear several comments aho you haven’t got a clue.
Focus on your own team
posted on 25/5/22
comment by Randomer (U5245)
posted 6 minutes ago
comment by Randomer (U5245)
posted 52 seconds ago
https://theguardian.com/football/2020/jun/04/tottenham-take-175m-bank-of-england-loan-to-ease-coronavirus-impact
Man’s ranting about borrowing. Have some shame
----------------------------------------------------------------------
https://twitter.com/jackpittbrooke/status/1529357565666131968?s=21
Another little nugget you might be interested while gleefully chatting brown about Chelsea
----------------------------------------------------------------------
What's your point here? Spurs owners have injected money into the club. This is a good thing for Spurs.
Page 1 of 4