We all knew this was coming from City and United in December. City particularly look likely to spend 200m. I've got to look at their sponsorship deals, how are they making up this in revenue...

Well that didn't take long

Dan Levene has increasingly become a propaganda mouthpiece for the club over the last few years. The club feed him information for him to 'leak'.

Although he's right in asking for patience, the fact that he has rushed to a strident defense just days after the season ended makes me very worried indeed.

14 hours ago, enigma said:

well considering we have a stadium which will need to be paid for by roman himself, of course we will be tightening the budget. it doesn't mean we can't compete for all honours, but city and utd just go and throw money at anything hoping they can become the new real madrid and barcelona. it will only work for so long. 

I don't believe for a moment that Roman will pay for the stadium.

He will almost certainly lend the club the money himself, rather than borrow from a commercial lender, but I expect he will take the money back out again. Doubtless his loan will be on favourable terms, just like Matthew Harding's were back in the day. In the end though he will reclaim the cash.

If this guess is right, it could be that Roman is tightening the club's belt in order to build a stadium fund. The fund would pay for the early stages of the project and delay the need for the loan for maybe 18 months or so.

I have no actual information of course but, since it makes zero financial sense for the owner to pay for the stadium himself, I bet he won't.

Edited June 1, 20179 yr by OhForAGreavsie

48 minutes ago, SydneyChelsea said:

Dan Levene has increasingly become a propaganda mouthpiece for the club over the last few years. The club feed him information for him to 'leak'.

Although he's right in asking for patience, the fact that he has rushed to a strident defense just days after the season ended makes me very worried indeed.

matt law seems to be the one in the know. the american guy who is a chelsea fan, but also has knowledge of our finances. jake cohen is it? dan levene i only really know from chelseafanchannel, and he works for the daily mail, so not sure if he's a legit source as far as we're concerned. 

19 minutes ago, OhForAGreavsie said:

I don't believe for a moment that Roman will pay for the stadium.

He will almost certainly lend the club the money himself, rather than borrow from a commercial lender, but I expect he will take the money back out again. Doubtless his loan will be on favourable terms, just like Matthew Harding's were back in the day. In the end though he will reclaim the cash.

If this guess is right, it could be that Roman is tightening the club's belt in order to build a stadium fund. The fund would pay for the early stages of the project and delay the need for the loan for maybe 18 months or so.

I have no actual information of course but, since it makes zero financial sense for the owner to pay for the stadium himself, I bet he won't.

he could always call in a loan from president of russia, putin. putin is valued at 40+ billion, so what's 500 mil loan to a good friend lol. 

42 minutes ago, OhForAGreavsie said:

I don't believe for a moment that Roman will pay for the stadium.

He will almost certainly lend the club the money himself, rather than borrow from a commercial lender, but I expect he will take the money back out again. Doubtless his loan will be on favourable terms, just like Matthew Harding's were back in the day. In the end though he will reclaim the cash.

If this guess is right, it could be that Roman is tightening the club's belt in order to build a stadium fund. The fund would pay for the early stages of the project and delay the need for the loan for maybe 18 months or so.

I have no actual information of course but, since it makes zero financial sense for the owner to pay for the stadium himself, I bet he won't.

That smacks of Arsenal and their stadium.  They were down and out for years and still are due to it. Risky game to play when your rivals are spending for fun 

2 hours ago, enigma said:

matt law seems to be the one in the know. the american guy who is a chelsea fan, but also has knowledge of our finances. jake cohen is it? dan levene i only really know from chelseafanchannel, and he works for the daily mail, so not sure if he's a legit source as far as we're concerned. 

dan levene does not work for the daily mail he is a freelance Journo

2 hours ago, OhForAGreavsie said:

I don't believe for a moment that Roman will pay for the stadium.

He will almost certainly lend the club the money himself, rather than borrow from a commercial lender, but I expect he will take the money back out again. Doubtless his loan will be on favourable terms, just like Matthew Harding's were back in the day. In the end though he will reclaim the cash.

If this guess is right, it could be that Roman is tightening the club's belt in order to build a stadium fund. The fund would pay for the early stages of the project and delay the need for the loan for maybe 18 months or so.

I have no actual information of course but, since it makes zero financial sense for the owner to pay for the stadium himself, I bet he won't.

Um, considering Roman has effectively written off the BILLION POUNDS he has already put into the club, why do you think he will suddenly change how he has run the club. He has shown no desire to profit from the club, in all his years of owning the club. 

2 hours ago, Chelsbear said:

That smacks of Arsenal and their stadium.  They were down and out for years and still are due to it. Risky game to play when your rivals are spending for fun 

Nothing like it apart from a London club getting a new stadium. They are down and out due to not spending the crazy amount of money they have on the right players or at all. They are raking it in atm. They aren't in the Europa league because they don't have money to spend.

6 hours ago, TheChelseaBlues said:

Nothing like it apart from a London club getting a new stadium. They are down and out due to not spending the crazy amount of money they have on the right players or at all. They are raking it in atm. They aren't in the Europa league because they don't have money to spend.

What? You do know their stadium and paying it led to them not being able to bring in the players United, ourselves and city were bringing in? It's common knowledge 

Whatever happens, Chelsea's Transfer Policy, Youth Team and success is promising and even if Roman is tightening the belt still believe he and the board have best ideas at heart and setting us up for the future when we may not have Roman. :)

Going to be very hard to get any real "value" in the transfer market with so many clubs now having large financial windfalls ... it's a sellers market and the selling clubs, players and agents must be rubbing their hands in glee.

Transfer fees are all about double what they ought to be, triple in some cases (Lukaku and Virgil Van Dijk spring readily to mind).

But gems are still out there, and I just hope our scouting department is up to the task of finding them.

 

Above all, I trust Conte to know what he wants, improve the squad, and manage it superbly to keep us in the hunt for trophies.

 

 

Just gotta hope we are looking for players ready to be put into the first team or at least compete for it instead of players destined to be loaned out

19 hours ago, Joust said:

I guess you're not that gay for Diegod afterall seeing as you want to ship him  off for Lacazette. What will your new username be?

I am gay 4 lacazette .. obviously ?! 

On 01/06/2017 at 06:35, abramovich said:

Levene is trying hard to reassure the impatient fans that everything is under control, but all I've got from this article is that we can't compete with Manc clubs when it comes to transfers. "Chelsea, who are living within their means" - that line made me wonder if we're turning into Arsenal and that sends shivers down my spine.

http://www.umaxit.com/index.php/columns/chelseas-transfer-caution-isnt-reason-to-panic

The club should be honest we don't want to spend as big as the manc clubs, when it comes to city: we have more fans, far far more, we get the same tv deal if not better, we have made 150 mil in prize money, we make more money selling players than any other club in the league , this bollox about our means, a shot at keeping within the ffp is an excuse not a reality, city have come up with lots of clever ways at moving their money around, and why not, ffp is being branded as the new "you don't pay your taxes" we have been built on outspending clubs, we are now established enough not to need to spend that big and live "more" within our means, however if roman wanted to spend big, and to me he clearly doesn't, there are ways to move around the pay structures and revenue streams of the club to free up at least 300 million this summer, oscar plus prize money is 210 million, add tv rights, new sponsorship deal, there is no way we couldn't spend 300 million even pre financial manoeuvring. The club should be honest,  Roman is finding  it hard to spend what he used to, he has been great for us, but we deserve  straight reasons, club spend big on stadium, Roman is cutting back etc, if we hadn't won the league this season we were in great danger of becoming arsenal, we have been given a change to preserve our elite status but to do so we need to spend big, we can spend big if we want to even without ffp, and even outside of ffp city have showed if you want to spend you can, how do people lap up the success we have got through spending big then criticise FFP dodgers, same way people moan if hard workers don't want to part with half their money so JSA scroungers can sit on their arses this is another faux moral high ground, ffp mate ffp mate, not to mention its highly hypocritical considering that's how we made our way to being an elite club. 

If we are becoming another Arsenal we'd be selling our first team hahaha! Luckily for us, we only really sell fringe players or players that arent that good like Oscar, Cuadrado etc.. 

 

Though with Madrid trying to get Hazard and Courtois i could be proven wrong in the next few months

We will spend over 150m this summer, no doubt in my mind.

https://mobile.twitter.com/SimonGleave/status/870544638624575488/photo/1?ref_src=twsrc^tfw&ref_url=http%3A%2F%2Fbleacherreport.com%2Fchelsea

it's crazy to think how much we were spending with inflation, essien' s  £25m transfer would £90m in today's market. 

It would mean the £200m we spent in Romans first 2 seasons, would be like spending £750m in the next 2. 

7 minutes ago, JMaher94 said:

We will spend over 150m this summer, no doubt in my mind.

That just our prize money 150 mil

oscar and cuadrado et al 100 mil

Kit deal plus sponsor 100 mil

then all other commercials, match day revenue, shirt sales, our total earnings will be close to 350 plus players sold I would imagine we are up to 450 million, our wage bill is 217 million so there is no reason we can't spend close to 200 million this season, wheatger we will I dont know, 150 mil won't get you more than 3 top players in this market we need 4 or 5  

 

 

6 hours ago, Chelsbear said:

What? You do know their stadium and paying it led to them not being able to bring in the players United, ourselves and city were bringing in? It's common knowledge 

Is that sarcasm?

16 hours ago, SydneyChelsea said:

Dan Levene has increasingly become a propaganda mouthpiece for the club over the last few years. The club feed him information for him to 'leak'.

Although he's right in asking for patience, the fact that he has rushed to a strident defense just days after the season ended makes me very worried indeed.

I doubt Levene is getting any feeds from the club - it's more likely that he's a self-appointed mouthpiece. 

What he wrote can be written by anyone in this forum.  He hasn't even provided a single name that is strongly linked to us and the reason is simple - he knows no better than any of us.

What I want the club to do is sign most if not all the first team improvement targets before pre-season begins and those targets have Conte's input and approval.  If the Board can't do that during this summer transfer window, then they don't deserve any trust ever again.

The Fee of a player doesn't say anything , isn't the most expensive player on our PL winning side hazard  ? He only cost 37 million  then Diego  and fabregas who cost   Around 32 million If i can remember right ... as long as we buy the right player I don't really care if we don't wanna spend more than 60 million on a player 

3 hours ago, JMaher94 said:

We will spend over 150m this summer, no doubt in my mind.

Yeah that will buy us 2, maybe 3 players in this market lol