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Financial Fair Play Compliance


Boyne

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Couldn't think of anywhere else to post this so thought I'd start a new thread. Apologies if already posted.

 

http://www.chelseafc.com/news/latest-news/2015/11/financial-results-announced-with-ffp-compliance-maintained.html

 

Chelsea FC plc today announced our annual financial results for the year ended 30 June 2015 with the club’s second highest turnover figure and break-even under UEFA’s Financial Fair Play (FFP) regulations achieved.

On revenues of £314.3m for the year, a £23.1m loss was recorded but after relevant adjustments the club is comfortably within the allowable limits of FFP, which measures expenditure against the income from football-related activities. Chelsea has complied with FFP criteria throughout its monitoring periods which began with the 2011/12 season.

The group turnover figure of £314.3m was marginally down on last year’s all-time record of £319.8m. Revenues fell slightly short of that amount due to the team’s relative UEFA Champions League performance (semi-final in 2013/14 compared with round of 16 in 2014/15).

The latest turnover remains by some distance the second best in the club’s history. In 2013, turnover was £255.8 million which itself was an increase for a fourth consecutive year.

Matchday and commercial revenues for year 2014/15 were largely unchanged from the previous year. The stadium continued to sell out and general admission prices remain frozen at 2011/12 levels.

Following our Premier League championship-winning season, we expect the current year to produce record revenues once again. These will be powered by new commercial deals, including our record-breaking partnership with Yokohama, and revenues related to this season’s Champions League which improve due to entering as Premier League champions and an increase in TV revenue for English clubs.

Chairman Bruce Buck said: ‘Chelsea Football Club has been consistent in our intention to comply with FFP and it was a primary aim in the past financial year to be one of the clubs with a continuous record of meeting the regulations, which we have achieved.

‘To record the second highest turnover figure in the club’s history despite the Champions League campaign ending at the earliest knockout round demonstrates our business is robust, and is testament to good work regarding our commercial activities, our growing fanbase around the world and the tremendous support the team received at home and away matches in 2014/15.

‘Our programme of partnering with world-renowned and innovative market-leaders is accelerating and the beneficial impact made by the Chelsea Foundation in more than 30 countries continues to set the top standard.

‘We thank our fans for another season of sell-out attendances at Stamford Bridge in 2014/15 and for our support everywhere. We hope they enjoyed what was a very successful year.’

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Really not sure about ffp, and whether it is worth even worrying about. We must be in a pretty strong position financially to be bidding for players like Pogba, although I'm not sure if £70m+ on one player will be feasible without cl football next season.

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Don't worry, the club can still buy Pogba and all its targets without having to sell off assets without the income of CL next season, because the club are in a healthy position.  :face_palm:

 

yet another morose, but otherwise largely sterile post from you - why do you bother us with such piffle?

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The purchase of Pogba will cost around £30m a season with regard to FFP, if we place the transfer fee as around £80m (£16m a year) with a five year contract of around £250,000 a week(£13m a year), which isn't too far from a realistic purchase.

This is easily offset by the sale of Cuadrado so that's £15m (currently on the books at around £10m a season) and the sale of Salah which is already agreed £10m (on the books at £5m a year) and the sale of one more fringe player a Moses for around £10m (On the books at £3m a year) and would actually be positive in terms of FFP by £23m for that first season and would then only increase our yearly spend by £12m, again easily remedied.
or
Even the sale of Ramires or Mikel who would be made surplus by the purchase could take place and bring in an extra £10-15m each whilst reducing the wage bill by around £80,000 a week (£4m a year) each

Others sources and forum members have linked Oscar with leaving most likely to Juventus. If this were done in a Swap
the deal looks more like £15m a season. Which when you introduce the increase in shirt sales and increased following due to signing a big name isn't that much to deal with.

So yes the club is in a very solid position financially as we have a lot of assets already in the squad or on the fringes, so we really do not need to start selling our important assets/player to stay healthy.
    

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yet another morose, but otherwise largely sterile post from you - why do you bother us with such piffle?

 

Yet another nonsense reply without actually engaging with any facts of your own. Pathetic.

 

Credit to PedroMendez who actually took the time to write a decent answer without being a moron.

 

The fact is, the club are making a loss, so that's hardly healthy when you factor in that next season the club is extremely likely to miss out on CL football. So it is a fact that our income will be greatly reduced.

 

Player sales are a genuine way for the club to keep pace monetarily without falling further behind with regards to FFP.

 

Whether it's Willian or not that's sold it doesn't matter. I was merely highlighting an asset within the club that was likely to generate enough cash to fund the likes of a player like Pogba.

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Yet another nonsense reply without actually engaging with any facts of your own. Pathetic.

Credit to PedroMendez who actually took the time to write a decent answer without being a moron.

The fact is, the club are making a loss, so that's hardly healthy when you factor in that next season the club is extremely likely to miss out on CL football. So it is a fact that our income will be greatly reduced.

Player sales are a genuine way for the club to keep pace monetarily without falling further behind with regards to FFP.

Whether it's Willian or not that's sold it doesn't matter. I was merely highlighting an asset within the club that was likely to generate enough cash to fund the likes of a player like Pogba.

We don't need to sell a first team player though.

We have been making record income because we are able to bring in talent on the cheap and shift them on.

Expect the likes of Moses, Atsu, Cuadrado, Marin, Salah, Piazon, Van Ginkel and so on to be sold IF we were in a position where we need the extra revenue.

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Yet another nonsense reply without actually engaging with any facts of your own. Pathetic.

 

 

 

The fact is, the club are making a loss, so that's hardly healthy when you factor in that next season the club is extremely likely to miss out on CL football. So it is a fact that our income will be greatly reduced.

 

The fact is, the next set of results will show us winning the Premier League and being in the CL THIS season. Neither of those feature in the set of results just announced.

 

Get your facts straight before even thinking about posting on this forum.

 

You're just a pathetic WUM and everyone knows it.

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Winning the PL makes us almost nothing more than the team finishing second, or third, or fourth. Prize money increases are marginal. The real money comes from TV appearances, which again had us lower than some other teams such as Manchester United. Winning the PL, coming 10th in the PL, relegation from the PL means nothing in terms of the amount of money earned for simply being in it.

 

What about the season before then? Weren't we in the CL then, too? How come we're making a loss still if a CL appearance is factored into the results released?

 

Whether it's next season or the season after, the fact remains that missing out on CL income will make our figures even worse.

 

What was that about facts again?  :face_palm:

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Winning the PL makes us almost nothing more than the team finishing second, or third, or fourth. Prize money increases are marginal. The real money comes from TV appearances, which again had us lower than some other teams such as Manchester United. Winning the PL, coming 10th in the PL, relegation from the PL means nothing in terms of the amount of money earned for simply being in it.

What about the season before then? Weren't we in the CL then, too? How come we're making a loss still if a CL appearance is factored into the results released?

Whether it's next season or the season after, the fact remains that missing out on CL income will make our figures even worse.

What was that about facts again? :face_palm:

Well from this season onwards we have a new and improved record kit deal plus the increase from EPL TV money.

The groups in the CL get you about £15-20 million depending on results and teams in the group, we can recoup that by selling 2-3 players. We have nearly 35 odd out on loan remember.

Financially it really isn't a big deal like you are making it our to be and we certainly will not NEED to sell any player we don't want to sell.

We won't suffer financially because we have other areas in place to sustain us if we missed out on CL for a season.

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Well from this season onwards we have a new and improved record kit deal plus the increase from EPL TV money.

Financially it really isn't a big deal like you are making it our to be and we certainly will not NEED to sell any player we don't want to sell.

We won't suffer financially because we have other areas in place to sustain us if we missed out on CL for a season.

And a much larger sponsorship deal than we had with Samsung.

 

WUM said:

Winning the PL makes us almost nothing more than the team finishing second, or third, or fourth

CL income is larger for this year than last because we enter as Champions. So you're wrong again.

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Don't worry, the club can still buy Pogba and all its targets without having to sell off assets without the income of CL next season, because the club are in a healthy position.  :face_palm:

 

Oh my, based on this post, the club must be in financial perils or in danger of breaking FFP.

the club is comfortably within the allowable limits of FFP, which measures expenditure against the income from football-related activities. Chelsea has complied with FFP criteria throughout its monitoring periods which began with the 2011/12 season.

 

 

we expect the current year to produce record revenues once again. These will be powered by new commercial deals, including our record-breaking partnership with Yokohama, and revenues related to this season’s Champions League which improve due to entering as Premier League champions and an increase in TV revenue for English clubs.

 

‘To record the second highest turnover figure in the club’s history despite the Champions League campaign ending at the earliest knockout round demonstrates our business is robust

 

Oh wait, the club is in a healthy position....... :face_palm:

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Yet another nonsense reply without actually engaging with any facts of your own. Pathetic.

 

Credit to PedroMendez who actually took the time to write a decent answer without being a moron.

 

Ok, well if a post starts like this, Im expecting an intelligent response backed with facts.

 

 

Yet another nonsense reply without actually engaging with any facts of your own. Pathetic.

 

Credit to PedroMendez who actually took the time to write a decent answer without being a moron.

 

The fact is, the club are making a loss, so that's hardly healthy when you factor in that next season the club is extremely likely to miss out on CL football. So it is a fact that our income will be greatly reduced.

 

Player sales are a genuine way for the club to keep pace monetarily without falling further behind with regards to FFP.

 

Whether it's Willian or not that's sold it doesn't matter. I was merely highlighting an asset within the club that was likely to generate enough cash to fund the likes of a player like Pogba.

 

 

No facts here (They made a loss, you have no idea what they are currently making in this reporting period, or do you have an inside look at the books and future plans?).

 

Winning the PL makes us almost nothing more than the team finishing second, or third, or fourth. Prize money increases are marginal. The real money comes from TV appearances, which again had us lower than some other teams such as Manchester United. Winning the PL, coming 10th in the PL, relegation from the PL means nothing in terms of the amount of money earned for simply being in it.

 

What about the season before then? Weren't we in the CL then, too? How come we're making a loss still if a CL appearance is factored into the results released?

 

Whether it's next season or the season after, the fact remains that missing out on CL income will make our figures even worse.

 

What was that about facts again?   :face_palm:

 

And, despite mentioning facts many times, not a single one.

 

Im hoping your next post is a sound financial analysis (which at a minimum contains) missing out on the CL, the new TV deals, the new sponsorship deals, the effects on merchandising globally, projections of prize money this season, and projections from player sales/purchases including their salaries......because Im assuming that you've done all this based on your posts.  That or you are a loud mouth c**t who, as usual with the type, have no actual idea what you are talking about.

 

 

PS If you engage some of those facts you are so fond of you might see that the club could miss out on next seasons CL and still easily generate more revenue than last season.......

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