Chelski for sale

[Unknown user]

Chelsea are a super club now, I don't reckon they'll struggle to find a billionaire with so much groundwork already done.

[jamboinglasgow]

Just now, Joey J J Jr Shabadoo said:

Don't think so. Sky sports news has been covering it quite well.

 

You can, one of the exceptions (the government dont want to punish Chelsea fans, so see it as allowed.)

 

Any tv money they get is going into a special account to pay wages. So that it doesn't go to Abrahamovic

[Joey J J Jr Shabadoo]

Just now, jamboinglasgow said:

 

You can, one of the exceptions (the government dont want to punish Chelsea fans, so see it as allowed.)

 

Any tv money they get is going into a special account to pay wages. So that it doesn't go to Abrahamovic

👍

[Mikey1874]

1 minute ago, Smithee said:

Chelsea are a super club now, I don't reckon they'll struggle to find a billionaire with so much groundwork already done.

 

Sale becomes easier.

 

Reports suggest Government will allow sale but with nothing going to Abramovich. 

[The Old Tolbooth]

26 minutes ago, steve123 said:

Wow, so I wonder what happens after he sells it.

 

22 minutes ago, jamboinglasgow said:

 

I wonder if he can even sell it, surely sanctions would mean he can't make money from a sale. 

 

But this makes me even more glad we are fan owned

 

That's exactly it, he can't sell, neither can the Everton owner apparently, although Chelsea will be operating under a special license, I'm not sure what that covers at this stage. 

 

I do feel a bit sorry for their fans at this stage because it's not their fault, but they've bought plenty success with Russian oligarch money, and are still chanting Roman's name at matches, so feeling sorry for them won't last too long  

[Mikey1874]

Tuchel won't be able to say its nothing to do with him now. 

[Bull's-eye]

I did think Abrahmovic's proposal to sell was purely lip service and a way of keeping the club but seeing as to be not profiting or having anything to do with its day to day running. Looks like Boris thinks the same.

 

I expect it to be sold within a week now 😀

[Joey J J Jr Shabadoo]

11 minutes ago, jamboinglasgow said:

 

You can, one of the exceptions (the government dont want to punish Chelsea fans, so see it as allowed.)

 

Any tv money they get is going into a special account to pay wages. So that it doesn't go to Abrahamovic

Yes, this says catering is allowed, but that's about it.

 

https://www.theguardian.com/football/2022/mar/10/roman-abramovich-unable-to-sell-chelsea-after-uk-freezes-assets

 

[Heartsmad1874]

Chelsea have been given a special operating license, so they can still pay players, play matches and costs with running a matchday so catering, stewards etc.

 

However they are not allowed to bring any cash in from matchday revenue including walk ups as just tickets that have already been sold are valid, guessing it means no away fans, also no sale of merchandise and no transfers/extensions of contracts.

 

Where the money is going to come from to endlessly keep paying staff yet no income coming in is strange, what happens when that money runs out? Which at a club like Chelsea and the wages some of them are on it won't be long.

 

Guessing matches in the next 2/3 weeks will be okay for fans as majority of tickets will already have been sold. If they progress in the UCL, likely to be played behind closed doors as thats not a season ticket match.

Edited March 10, 2022 by Heartsmad1874

[Mikey1874]

1 minute ago, Heartsmad1874 said:

Chelsea have been given a special operating license, so they can still pay players, play matches and costs with running a matchday so catering, stewards etc.

 

However they are not allowed to bring any cash in from matchday revenue including walk ups as just tickets that have already been sold are valid, guessing it means no away fans, also no sale of merchandise and no transfers/extensions of contracts.

 

Where the money is going to come from to endlessly keep paying staff yet no income coming in is strange, what happens when that money runs out? Which at a club like Chelsea and the wages some of their on it won't be long.

 

Guessing matches in the next 2/3 weeks will be okay for fans as majority of tickets will already have been sold. If they progress in the UCL, likely to be played behind closed doors as thats not a season ticket match.

 

I'd wager club will be sold in a few weeks.

[Heartsmad1874]

2 minutes ago, Mikey1874 said:

 

I'd wager club will be sold in a few weeks.

Needs some sort of special dispensation as the sales on hold for now, can see it happening but Abramovich won't make a penny out of it. 

[Geoff Kilpatrick]

Shame

[Geoff Kilpatrick]

Perhaps a sale can be agreed but Abramovich's money is held in escrow until the sanctions are lifted?

[Footballfirst]

Listening to Simon Jordan on Talksport this morning, he believes that the club can still be sold but that the government would ring fence the funds.  That being the case, then the restrictions on the club could be lifted.

 

What is not clear from that approach is what would happen to the £1.5bn in loans.  These are Abramovich's assets, so the loans couldn't be paid back to benefit him.  He could of course write off the loans, which would increase the purchase price for any prospective buyer.

[Dazo]

Assume this will also stop corporate and hospitality sales ? That will be a few quid for homes games. 

[Mikey1874]

12 minutes ago, Dazo said:

Assume this will also stop corporate and hospitality sales ? That will be a few quid for homes games. 

 

Think it's at least £2 million a game lost maybe more. 

[Heartsmad1874]

1 minute ago, Mikey1874 said:

 

Think it's at least £2 million a game lost maybe more. 

Surely sold most hospitality for the season way in advance of 10th March.

[Armageddon]

Wait until the transfer window opens and all the decent players move on.

 

Man U should move for Tam Tuchal.

[Mikey1874]

5 minutes ago, Heartsmad1874 said:

Surely sold most hospitality for the season way in advance of 10th March.

 

Yeah

 

I think its £6 to £12 million a game overall.

 

Maybe see better figures later. 

[Heartsmad1874]

3 minutes ago, Armageddon said:

Wait until the transfer window opens and all the decent players move on.

 

Man U should move for Tam Tuchal.

According to many reports in France  PSG are about to bin Pochettino so reckon they'd go for him

[Armageddon]

16 minutes ago, Heartsmad1874 said:

According to many reports in France  PSG are about to bin Pochettino so reckon they'd go for him

 

The guy who cannot win the Champions League with all the money on earth.

[vegas-voss]

20 minutes ago, Heartsmad1874 said:

According to many reports in France  PSG are about to bin Pochettino so reckon they'd go for him

Another total failure

[Heartsmad1874]

5 minutes ago, Armageddon said:

 

The guy who cannot win the Champions League with all the money on earth.

Feel for him at PSG, all the money and talent in the world but the players just capitulate in big UCL games. Great to have a front 3 of Messi, Neymar and Mbappe but they are extremely lazy and the rest of the team aren't good enough to pick up that slack in the big games.

 

He'll get sacked and he'll get the Utd job 100%.

[Pasquale for King]

Hahahahaha please let him get the Man U job 😆

[Pasquale for King]

46 minutes ago, Heartsmad1874 said:

Feel for him at PSG, all the money and talent in the world but the players just capitulate in big UCL games. Great to have a front 3 of Messi, Neymar and Mbappe but they are extremely lazy and the rest of the team aren't good enough to pick up that slack in the big games.

 

He'll get sacked and he'll get the Utd job 100%.

He doesn’t have to play them all though, it’s up to him to get the balance right. 
Slightly unlucky that Ramos is injured as last night would’ve been perfect for him but you think he might’ve used his knowledge of Benzema to help the other CHs. 
Zidane should replace him as he’s got a track record of harnessing big egos. 

[Lone Striker]

Nice to see the pics of Eamonn in the Chelsea shirt on the last page, by the way.

 

The government action in using their powers to put Chelsea under special restrictions sounds pretty much what UEFA should have done years ago under "Fair Play" rules  (what a joke thats turned out to be). 

 

Even if Chelsea fans are organised enough to have an equivalent of our FoH, it would still need a wealthy Londoner  to  be the Ann Budge equivalent who buys it  "off"  the government.   

 

However I'd imagine that  some overseas billionaire from a dodgy country  with a terrible human rights record will be announced soon.  

 

Jacob's on the phone to his pals already.

 

Edited March 10, 2022 by Lone Striker

[soonbe110]

2 hours ago, Mikey1874 said:

 

Sale becomes easier.

 

Reports suggest Government will allow sale but with nothing going to Abramovich. 

Why would he sell it if he gets nothing from it? Better just to hold the legal ownership of the assets until sanctions are finally lifted. 

[soonbe110]

1 hour ago, Heartsmad1874 said:

According to many reports in France  PSG are about to bin Pochettino so reckon they'd go for him

Hopefully, he is a serial loser. 

[Balders]

Unless there is a sale pretty quickly can only see administration looming. With no income and no more loans from Abramovich it won't be long before cash flow becomes a serious issue.

[sadj]

2 hours ago, jamboinglasgow said:

 

You can, one of the exceptions (the government dont want to punish Chelsea fans, so see it as allowed.)

 

Any tv money they get is going into a special account to pay wages. So that it doesn't go to Abrahamovic

Except Abramovich was propping them up to cover the wage bill. All very bizarre can see it being a bigger mess before its sorted

[sadj]

1 hour ago, Mikey1874 said:

 

Think it's at least £2 million a game lost maybe more. 

They are also. Only allowed to pay £500k towards costs for each home game. Id imagine thats a big loss right there too

[happyjam]

5 minutes ago, soonbe110 said:

Why would he sell it if he gets nothing from it? Better just to hold the legal ownership of the assets until sanctions are finally lifted. 

The assets are frozen, not taken off them so he could get the money later.  By not selling the club now it could lose a lot of value if there are financial issues.  Also, there are a number of "large" clubs in England now so may not be that great an acquisition.

 

 

[Pasquale for King]

Troubled times for them, players will be looking to leave asap. 
 

[Hagar the Horrible]

In essence RA's ownership of Chelski is suspended, the Government have frozen assets, thay cant sell any tickets or heehaw else, the players will still get paid, they are in effectice admin without the points penalty, but as it stands the Foreign office owns them.

 

Houses, Yaught, banks, may not ever be returned to any oligarth

[jamboinglasgow]

10 minutes ago, sadj said:

Except Abramovich was propping them up to cover the wage bill. All very bizarre can see it being a bigger mess before its sorted

 

Yup could get very messy quickly for Chelsea, read somewhere that their month wage is bill is something like £28m.

 

Even if Chelsea do sell to another billionaire or group of Billionaire, the new owners wont subsidise the team like Abramovich has (unless its another oil rich Middle Eastern state.) Chelsea can still be relative successful, but Chelsea fans are going to have to change their expectations. Plus a major issue that needs sorted is the stadium, seen estimates that to do what needs to be done to make a bigger ground at Stamford Bridge, they need at least £1bn.

[Hagar the Horrible]

1 hour ago, Heartsmad1874 said:

According to many reports in France  PSG are about to bin Pochettino so reckon they'd go for him

I am led to beleive talks have been held already that he is MU bound, he still lives in a Paris hotel and his family in London

[Hagar the Horrible]

I said for years that once Roman got board they would collapse like Leeds did, but in this case the club has been grabbed off him by the Government.  If the club is allowed to be sold then RA wont get a penny the Government gets the lot  The club shop has been closed.

 

Its goint to be a bit squeeky bum time for Chelsea fans

[Footballfirst]

The full text of the licence to play

 

[DETTY29]

4 minutes ago, Hagar the Horrible said:

In essence RA's ownership of Chelski is suspended, the Government have frozen assets, thay cant sell any tickets or heehaw else, the players will still get paid, they are in effectice admin without the points penalty, but as it stands the Foreign office owns them.

 

Houses, Yaught, banks, may not ever be returned to any oligarth

Will be intriguing of that ends up the case.

 

It seems a great idea, confiscate  sell and use to fund the Ukranian crisis or whatever however, these guys have super lawyers that will be on the case.  It's doubtful we (the govt) has the resources to win a legal case eventually.

 

These guys haven't just broken the law overnight.  If they have, they have been for years and unfortunately resources such a the Serious Crime (Fraud) Squad have been diminished for one reason or another.

 

Trying to put a case together to win in court (the UK govt) isn't going to be that easy.

 

The legal position, wekening of the Serious Crime, Fraud Offices was a view I saw on BBC or Sky with a bit of a nod on the latter, as being on purpose because digging too deep isn't what a lot of people want to happen.

[briever]

2 hours ago, The Old Tolbooth said:

 

 

That's exactly it, he can't sell, neither can the Everton owner apparently, although Chelsea will be operating under a special license, I'm not sure what that covers at this stage. 

 

I do feel a bit sorry for their fans at this stage because it's not their fault, but they've bought plenty success with Russian oligarch money, and are still chanting Roman's name at matches, so feeling sorry for them won't last too long  

 

Chelsea fans are some of the biggest scumbags around.

 

Their Hun pals will be able to advise them on being a zombie club.

[Footballfirst]

This piece from nine years ago explains some of the background to Abramovich's purchase of Chelsea.

 

 

[Hagar the Horrible]

2 minutes ago, DETTY29 said:

Will be intriguing of that ends up the case.

 

It seems a great idea, confiscate  sell and use to fund the Ukranian crisis or whatever however, these guys have super lawyers that will be on the case.  It's doubtful we (the govt) has the resources to win a legal case eventually.

 

These guys haven't just broken the law overnight.  If they have, they have been for years and unfortunately resources such a the Serious Crime (Fraud) Squad have been diminished for one reason or another.

 

Trying to put a case together to win in court (the UK govt) isn't going to be that easy.

 

The legal position, wekening of the Serious Crime, Fraud Offices was a view I saw on BBC or Sky with a bit of a nod on the latter, as being on purpose because digging too deep isn't what a lot of people want to happen.

We have been lapse in letting them move into Londongrad,  but to get their assets back they would have to prove their money was obtained legally, otherwise its the proceeds of crime act.  Some or all have spread their money around the globe, some countries will just keep it, sell it on.  RA might have been a good guy and has had Chelsea's interest at heart, but he is a pal of Putin, that is why it took time to legally prove that and hald the sale and freeze his assets.  RA has two choices, stand by Putin and be a poor man, or turn against him along with everybody else in the same boat and oust him, and it bettwe be done soon or kiss goodbye to their wealth.

[Hagar the Horrible]

If Vlad was still with us, there would have been calls to kill us, the Lithuanian/Russian thing would be seen as the same thing as far as the SFA is concerened,  Vlad to replace Putin..make it happen just to see the SMSM spew up

[Pasquale for King]

8 minutes ago, briever said:

 

Chelsea fans are some of the biggest scumbags around.

 

Their Hun pals will be able to advise them on being a zombie club.

Hahahahaha spot on 

[DETTY29]

3 minutes ago, Hagar the Horrible said:

We have been lapse in letting them move into Londongrad,  but to get their assets back they would have to prove their money was obtained legally, otherwise its the proceeds of crime act.  Some or all have spread their money around the globe, some countries will just keep it, sell it on.  RA might have been a good guy and has had Chelsea's interest at heart, but he is a pal of Putin, that is why it took time to legally prove that and hald the sale and freeze his assets.  RA has two choices, stand by Putin and be a poor man, or turn against him along with everybody else in the same boat and oust him, and it bettwe be done soon or kiss goodbye to their wealth.

Let's hope so.

[Pasquale for King]

3 minutes ago, Hagar the Horrible said:

We have been lapse in letting them move into Londongrad,  but to get their assets back they would have to prove their money was obtained legally, otherwise its the proceeds of crime act.  Some or all have spread their money around the globe, some countries will just keep it, sell it on.  RA might have been a good guy and has had Chelsea's interest at heart, but he is a pal of Putin, that is why it took time to legally prove that and hald the sale and freeze his assets.  RA has two choices, stand by Putin and be a poor man, or turn against him along with everybody else in the same boat and oust him, and it bettwe be done soon or kiss goodbye to their wealth.

We have to hope their love of money will make them oust him somehow, for everyone’s benefit. 

[tian447]

On 04/03/2022 at 15:13, Mikey1874 said:

 

No sanctions against Abramovich yet.

 

It is true sanctions could prevent him selling Chelsea. 

 

Looks like this is exactly what is happening now.

 

Did wonder why there was talk about him just getting to sell for however many billion and being free to just disappear into his riches and do what he wants. 

[Pasquale for King]

Chelsea release a statement they are going to try and have a discussion with the Government to help them operate as normally as possible. 
https://www.chelseafc.com/en/news/2022/03/10/statement-from-chelsea-fc

Edited March 10, 2022 by Pasquale for King

[Nookie Bear]

9 minutes ago, Hagar the Horrible said:

We have been lapse in letting them move into Londongrad,  but to get their assets back they would have to prove their money was obtained legally, otherwise its the proceeds of crime act.  Some or all have spread their money around the globe, some countries will just keep it, sell it on.  RA might have been a good guy and has had Chelsea's interest at heart, but he is a pal of Putin, that is why it took time to legally prove that and hald the sale and freeze his assets.  RA has two choices, stand by Putin and be a poor man, or turn against him along with everybody else in the same boat and oust him, and it bettwe be done soon or kiss goodbye to their wealth.

 

5 minutes ago, Pasquale for King said:

We have to hope their love of money will make them oust him somehow, for everyone’s benefit. 

 

There must be $$billions of assets under threat here and we have to hope there are enough individuals out there able and willing to try and somehow reverse this situation.

[I P Knightley]

3 hours ago, Bull's-eye said:

I did think Abrahmovic's proposal to sell was purely lip service and a way of keeping the club but seeing as to be not profiting or having anything to do with its day to day running. Looks like Boris thinks the same.

 

I expect it to be sold within a week now 😀

It was just lip service; he wasn't going to sell but "transfer stewardship". 

 

 

54 minutes ago, Lone Striker said:

Nice to see the pics of Eamonn in the Chelsea shirt on the last page, by the way.

 

The government action in using their powers to put Chelsea under special restrictions sounds pretty much what UEFA should have done years ago under "Fair Play" rules  (what a joke thats turned out to be). 

 

Even if Chelsea fans are organised enough to have an equivalent of our FoH, it would still need a wealthy Londoner  to  be the Ann Budge equivalent who buys it  "off"  the government.   

 

However I'd imagine that  some overseas billionaire from a dodgy country  with a terrible human rights record will be announced soon.  

 

Jacob's on the phone to his pals already.

 

I saw reports that the London property developer (something) Candy was getting his ducks in order for a potential bid. I don't know how any bid would work now under sanctions. Legals could go on for years but it appears that the Govt now "own" the club so first guess is that the Govt sell to the highest bidder. 

 

I mentioned in the Shed that there's an article in the current Private Eye which details the impact that sanctions on Abramovich would have on Chelsea. There's such a web of ownership through Luxembourg & BVI that I suspect the legals will be painful. The essence of the story is that sanctions would mean that the club's Donald Ducked and any sale by Abramovich is scuppered.