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That is a very positive post for me, so none of it will happen. I like Kudus, I like Silva. Thank god we didn't go for Duran. Any player that breaks the first two years of his Saudi deal, and therefore get hammered for tax, mutually with his Saudi club, is clearly bad news to be avoided.

If we are bound to this continued youth policy, then I do think the two do actually have potential.

I'm also going to grab my tin helmet and wait for the pelting. If Madueke is moved on, I wouldn't be averse to Harvey Eliott who is leaving the scouse. I don't know what it is, maybe he reminds me of Mata a little bit with his body language, but I just think he could do well here like Palmer has. I notice that apparently he had a blinding end of the U21 Euros.

 
That is a very positive post for me, so none of it will happen. I like Kudus, I like Silva. Thank god we didn't go for Duran. Any player that breaks the first two years of his Saudi deal, and therefore get hammered for tax, mutually with his Saudi club, is clearly bad news to be avoided.

If we are bound to this continued youth policy, then I do think the two do actually have potential.

I'm also going to grab my tin helmet and wait for the pelting. If Madueke is moved on, I wouldn't be averse to Harvey Eliott who is leaving the scouse. I don't know what it is, maybe he reminds me of Mata a little bit with his body language, but I just think he could do well here like Palmer has. I notice that apparently he had a blinding end of the U21 Euros.
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Harvey Elliot is the kind of youth player that has actually shown he can impact games and big games unlike a lot of the young players we keep buying and getting linked to.

Not sure we have a position for him as he’s not a proper winger. Could easily have a Palmer like impact if given game time.

 
Harvey Elliot is the kind of youth player that has actually shown he can impact games and big games unlike a lot of the young players we keep buying and getting linked to.

Not sure we have a position for him as he’s not a proper winger. Could easily have a Palmer like impact if given game time.
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Good start. One response without a pelting. Waiting on a hammering from UB now though 😁

 
that's hilarious. Please... post the years around that article from 10 years ago.

Anyhow, 1.5 billion is owed. doesnt matter who to, CFC owe that money. tell me im wrong.
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Yes you're wrong. You are right now but prior to this under Roman it was owed to ourselves and because he wrote it off we effectively had no debt.

Pointless argument though as we're going round in circles. Fact remains these clowns have blown the same or more in 3 years than the previous regime took 20 years to generate, with known of the success and having come in on the basis of investing 1.5bn, not borrowing (the implication being that they had it to invest from with in their finances)

 
Yes you're wrong. You are right now but prior to this under Roman it was owed to ourselves and because he wrote it off we effectively had no debt.

Pointless argument though as we're going round in circles. Fact remains these clowns have blown the same or more in 3 years than the previous regime took 20 years to generate, with known of the success and having come in on the basis of investing 1.5bn, not borrowing (the implication being that they had it to invest from with in their finances)
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That's why I'm surprised no-one has sued The Raine Group. Weren't they supposed to come up with a buyer who would invest £1.75m on top of the purchase price, not load us with debt ? Took a huge fee for their "work" as I recall ...

 
Yes you're wrong. You are right now but prior to this under Roman it was owed to ourselves and because he wrote it off we effectively had no debt.

Pointless argument though as we're going round in circles. Fact remains these clowns have blown the same or more in 3 years than the previous regime took 20 years to generate, with known of the success and having come in on the basis of investing 1.5bn, not borrowing (the implication being that they had it to invest from with in their finances)
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I must be financially illiterate... Help a blues brother out, if Chelsea didnt owe Roman money, why was he able to write it off?

So who do we currently owe 1.5 billion to?

In both examples, Money has been invested. What is the return here?

 
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That's why I'm surprised no-one has sued The Raine Group. Weren't they supposed to come up with a buyer who would invest £1.75m on top of the purchase price, not load us with debt ? Took a huge fee for their "work" as I recall ...
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This is what I keep asking. Who was the appointed regulator. What are the consequences for breaching the sale terms. RA remains sanctioned and we don't even have the same government any more

 
I must be financially illiterate... Help a blues brother out, if Chelsea didnt owe Roman money, why was he able to write it off?

So who do we currently owe 1.5 billion to?

In both examples, Money has been invested. What is the return here?
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So, in the first instance it was internal debt from one of Abramovich's entities (the club) to his holding company. As such there would have been preferential servicing costs and cross entity cost charging at a balance sheet level on a captive basis.

Upon the enforced sale of the club that internal debt became crystallised and due to Roman's company because the UK government impounded the sale proceeds. If Roman had called the debt it would have affected the sale (how would Clearlake send sale proceeds to a sanctioned entity. Result Chelsea would have folded.

Roman wrote off the debt and therefore the club that Clearlake purchased was completely debt free and stacked with assets, that we have since seen being sold off, internally. As part of this deal Roman stipulated that the money that he wrote off was to be invested by Clearlake into the club over a ten year.

Far from investing from Clearlake's funds they have run up 1.5m of debt against the club in just three years and this debt is true, external debt that will need to be serviced at the prevailing rates as well as the sum borrowed being repaid in full.

Back to those assets. We are led to believe that the debt that has been built up is actually investments into the playing staff. This is slightly disingenuous because the clubs operating losses have been significant. No CL income, no FOS sponsor. 4/5 manager payoffs etc.

The coverall to hide all this is the sale of the assets internally. This is the reverse of the RA model. Now when the club is eventually sold you will see that the individual assets have been partitioned and reside within BlueCo.

There are far more astute and eloquent posters on here than me who have a better familiarity with the finances, but this is what passes a lot of us off.

That and the sh*t boring football from Maresca.

 
So, in the first instance it was internal debt from one of Abramovich's entities (the club) to his holding company. As such there would have been preferential servicing costs and cross entity cost charging at a balance sheet level on a captive basis.

Upon the enforced sale of the club that internal debt became crystallised and due to Roman's company because the UK government impounded the sale proceeds. If Roman had called the debt it would have affected the sale (how would Clearlake send sale proceeds to a sanctioned entity. Result Chelsea would have folded.

Roman wrote off the debt and therefore the club that Clearlake purchased was completely debt free and stacked with assets, that we have since seen being sold off, internally. As part of this deal Roman stipulated that the money that he wrote off was to be invested by Clearlake into the club over a ten year.

Far from investing from Clearlake's funds they have run up 1.5m of debt against the club in just three years and this debt is true, external debt that will need to be serviced at the prevailing rates as well as the sum borrowed being repaid in full.

Back to those assets. We are led to believe that the debt that has been built up is actually investments into the playing staff. This is slightly disingenuous because the clubs operating losses have been significant. No CL income, no FOS sponsor. 4/5 manager payoffs etc.

The coverall to hide all this is the sale of the assets internally. This is the reverse of the RA model. Now when the club is eventually sold you will see that the individual assets have been partitioned and reside within BlueCo.

There are far more astute and eloquent posters on here than me who have a better familiarity with the finances, but this is what passes a lot of us off.

That and the sh*t boring football from Maresca.
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Im sure that's all great and compliant accounting... I just read what you have said and again come to the conclusion Roman wrote off 1.5 billion to clear Chelsea debts. Without doing so we couldnt have been sold to the florida mobsters. he wrote it off because it was money he was owed. That's my simple understanding of it. Sorry...

 
Reports of 34m offered for real madrids gonzalo garcia.
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It wouldn’t surprise me. All we needed was a quality no.9. Now we’re going to corner the market on potentially good no9’s all competing for the same game time stifling one another while still having potentially good no9’s Broja,Jackson, Guiu on the books and academy players arguably with as much potential refusing to sign because their pathway is congested.

A bit like the keeper situation, I’m seeing quantity when I want to see quality😔.

Sort this squad out Chelsea it’s a f**king mess. Have a good clear out, there’s still some quality signings out there.🤬

 
Arsenal appear to be after Rodrygo.
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If they sign Rodyrgo, Eze and a striker, I don't see how we catch them in the next 3 or 4 years. We'll just have to pray the likes of Delap, Gittens, Estevao etc grow to be incredible footballers.

 
If they sign Rodyrgo, Eze and a striker, I don't see how we catch them in the next 3 or 4 years. We'll just have to pray the likes of Delap, Gittens, Estevao etc grow to be incredible footballers.
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Before, it would be us going all in for this type of signings that immediately improve the team, and we'd go on to win the PL and/or the CL. I just hope that Arsenal continue with their loser mentality and finishing second in everything.

 
Before, it would be us going all in for this type of signings that immediately improve the team, and we'd go on to win the PL and/or the CL. I just hope that Arsenal continue with their loser mentality and finishing second in everything.
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Maybe my memory is going but I don't recall us ever really going for established top top players so much. Off the top of my head Torres and Shevchenko are the big ones oh and re buying Lukaku possible. Most if not all of the best players like Lampard, Drogba, Hazard for example were seen as prospects but not established stars at the time.

I just hoping we nick in and get Rodrygo and sell Arsenal Madueke in return.

 
If they sign Rodyrgo, Eze and a striker, I don't see how we catch them in the next 3 or 4 years. We'll just have to pray the likes of Delap, Gittens, Estevao etc grow to be incredible footballers.
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No they won't. That's just silly. You're telling me the guys who sign Kepa and are interested in signing Noni whilst giving obscene wages to has-beens and no-hopers are going to make an astute signing that takes them to the next level?

We'll win trophies for the next decade whilst they're still fumbling around

 
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No they won't. That's just silly. You're telling me the guys who sign Kepa and are interested in signing Noni whilst giving obscene wages to has-beens and no-hopers are going to make an astute signing that takes them to the next level?

We'll win trophies for the next decade whilst they're still fumbling around
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The difference is that players on the level of Kepa and Madueke would go into Arsenal as squad players, that level of player becomes a regular starter for us.

 
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