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Chelseas finances

firefly said:
Does FFP actually apply for clubs that did qualify for Europe? I mean if Chelsea finished outside the top 4 they would care about the FFP as the Europa League doesn't bother them I suppose. So, finishing forth or better would force them to play fair which could harm them as much as dropping out of the Champions League. Which makes me think, that it would be better if Chelsea takes forth rather than Liverpool, Saudi Sportswashing Machine and Woolwich.
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The bold bit above isn't true

There is no "fair" in football

Cheat$ki will continue spending and will point to their increased amortization of net cash subjective imponderable asset derivatives and UEFA will let them off... because they'll all have a new Porsche delivered in the morning
 
Jurgen the German said:
Think Abramovich is starting to regret going for AVB?
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Who's next he could realistically go for?

Guardiola, Del Bosque, Capello, Van Gaal?

I really don't see which managers are out there with ability far superior to the names' he had already - Mourinho, Ancelotti, Scolari, AVB, Ranieri, etc.
 
ArcspacE said:
Who's next he could realistically go for?

Guardiola, Del Bosque, Capello, Van Gaal?

I really don't see which managers are out there with ability far superior to the names' he had already - Mourinho, Ancelotti, Scolari, AVB, Ranieri, etc.
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again he will go for the potential next big thing......probably Luis Enrique at Roma
 
ArcspacE said:
Who's next he could realistically go for?

Guardiola, Del Bosque, Capello, Van Gaal?

I really don't see which managers are out there with ability far superior to the names' he had already - Mourinho, Ancelotti, Scolari, AVB, Ranieri, etc.
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He'll probably just offer Mourinho a brickload to come in and save the day. But I don't think Mourinho would go back there unless he gets 100% control of transfers and Abramovich doesn't but in, but there's more chance of meeting the Pope than there is of that happening.
 
Chelsea Football Club has said it made a profit of £1.4m ($2.2m) for the financial year ending on 30 June, the first time the club has made a profit since Russian billionaire Roman Abramovich took over as owner in 2003.

The West London club also recorded a record group turnover of £255.7m.

The team, which won the Champions League last season as well as the FA Cup, are second in the Premier League.

The profit comes after a £67.7m loss in the previous financial year.

Chelsea says it is in a strong position to comply with UEFA's Financial Fair Play criteria for the coming seasons, which require clubs over a fixed period to achieve a break-even figure when expenditure is measured against income from football-related activities.
'Improving financial performance'

Club chairman Bruce Buck said: "We will never forget that night in Munich and now we are celebrating serious progress off the field, too.

"While we draw huge satisfaction from the achievements of the past 12 months, we are more than ever focused on continuing the story of on-field success supported by improving financial performance off the pitch."

Turnover was up from £225.6m the previous financial year.

"The club also enjoyed an uplift in revenues from commercial activities including new partners and merchandising," a Chelsea statement said.

It added: "The club also negotiated a deal with BSkyB to acquire its interest in Chelsea Digital Media Ltd (the holder of certain Chelsea media rights). This deal allows the club to have full control of our digital media strategy."
Ten trophies

The Stamford Bridge club's statement also said that debt of some £166.6m was turned into equity during the course of the year "making Chelsea FC plc debt free".

Mr Abramovich took control of Chelsea in June 2003, when he bought the club from then-owner Ken Bates.

Since he took over the club has won bought ten major trophies - the Champions League, three Premier League titles, four FA Cups, and two League Cups.

In the year ending June 2005, Chelsea posted a record financial loss of £140m (€165m).

http://www.bbc.co.uk/news/20270934

I'm guessing this doesn't include any of the players bought this summer.
 
My guess too and it looks like the cost of buying Torres and Sideshow Bob the previous January has been written off (turned into equity).
 
Tosh. The money they spent on players easily outweighs the money recouped from CL and 5th in the Premier League.

Rotten to the Russian core.
 
awesome dawson said:
Tosh. The money they spent on players easily outweighs the money recouped from CL and 5th in the Premier League.

Rotten to the Russian core.
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Though unfortunately as they won it last year they count as the highest qualifier from England which gives them the largest chunk this year..
 
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