April 11, 20224 yr 2 hours ago, Valpo said: The problem is the Ricketts don't invest in the team they currently own the Chicago Cubs. Major League Baseball is probably the American pro-sport that is run the most like European soccer. In Major League Baseball you can spend as much as you want on wages but if you spend over a certain amount you have to pay what they call a Luxury tax on it. So basically it still means who has the most money has the best chance to win. So it makes for a great comparison. So if you go look at the list of Major league baseball salaries the Cubs are #15. . . slightly below league average in the 3rd largest Media market (read potential fan base size) in the country. https://www.spotrac.com/mlb/payroll/ What is particularly bad about this is that the Chicago White Sox are #7, spending about 60 million a year more than the Cubs. What is worse about that is that I live fairly close to Chicago in relative terms and I can tell you that the Cubs are far more popular than the White Sox. So the Rickett's spends $60 million less dollars a year on their team than another team in the same city that is less popular than their team is. I would say they are better than Woody Johnson because Woody Johnson is spectacularly incompetent. But the Ricketts seem like they could be perfectly happy with making and leaving Chelsea as a mid table team. I say all of the following as an American. I feel like, like it or not we may be stuck with American owners because our country has so many of them and if it costs 3 billion buy the club you are likely going to need an American or a Saudi. That said the problem that comes with American ownership is that in the US, pro-sports are an extremely profitable business that in some cases it's pretty much impossible to lose money at. So American owners will likely look at Chelsea as an investment to turn a profit for them. Less likely to look at is as a way to show off (ala Roman) How are the Cubs doing trophy wise in latest season? What is their reputation in sacking managers?
April 11, 20224 yr I don't know anything about baseball but the Ricketts have owned Cubs since 2009. They have been in the playoffs a couple of times. So basically they are sh*te.
April 11, 20224 yr 6 minutes ago, evissy said: I don't know anything about baseball but the Ricketts have owned Cubs since 2009. They have been in the playoffs a couple of times. So basically they are sh*te. That's not good reading..
April 11, 20224 yr 2 hours ago, Sindre said: As far as I understand it they were Top 5 in payroll for most of the past 5-6 years. Now they are in a bit of a rebuild phase and have cut some of their underperforming star players that were earning huge money. They also won the World Series while investing about a billion into Wrigley Field which is impressive in my opinion. To me that simply sounds like sensible business decisions. Not to mention that it sounds like Griffin/Gilbert will be the majority stakeholders in this case and they both have a ton of cash. That does not seem to be the take of most cub's fans.
April 12, 20224 yr Lord Karan Bilimoria joins Ricketts family’s bid to buy Chelsea The Cobra Beer founder adds political clout to the Chicago Cubs-owning Ricketts’ attempt to buy the Blues. https://www.independent.co.uk/sport/football/chicago-cubs-roman-abramovich-martin-broughton-jonathan-goldstein-sebastian-coe-b2056303.html
April 12, 20224 yr Boston Celtics co-owner vows to ensure Chelsea remain ‘habitual winners’ Stephen Pagliuca confirms ‘serious’ desire to buy club https://www.theguardian.com/football/2022/apr/12/stephen-pagliuca-vows-to-ensure-chelsea-remain-habitual-winners-roman-abramovich-takeover Edited April 12, 20224 yr by SW6Blue wrong format
April 12, 20224 yr 18 hours ago, evissy said: The Ricketts - my problem with them is their track record of the sports side. The racism thing is a minor problem. Media will drag it up but I think they will do what is good for the club in that sense. Pagliuca - Needs to sell Atalanta first which could take time. Boehly - looks a good setup. Not bothered about that Spurs fan at all. Broughton - I have heard least from this group. Them being British feels right. Coe is a good addition. Pagliuca doesn’t actually own Atalanta who is part of a consortium that owns 55% but even if he did there isnt any restriction save that if the two clubs were to play in the same competition and that could/ would only be if the are drawn to play against each otherin either the CL or EL and to be honest looking at the respective league tables that is unlikely to happen in season 22/23 l
April 12, 20224 yr 2 hours ago, SW6Blue said: Lord Karan Bilimoria joins Ricketts family’s bid to buy Chelsea The Cobra Beer founder adds political clout to the Chicago Cubs-owning Ricketts’ attempt to buy the Blues. https://www.independent.co.uk/sport/football/chicago-cubs-roman-abramovich-martin-broughton-jonathan-goldstein-sebastian-coe-b2056303.html I that means we finally see the death of that pisswater they currently flog to idiots and we get a semi-decent beer in then I’m sold!
April 12, 20224 yr Really shows we have become a big deal that all these billionaire are fighting tooth and nail for a piece of the club.
April 12, 20224 yr Comments form Pagliuca are here, all the right things said: https://weaintgotnohistory.sbnation.com/2022/4/12/23021969/pagliuca-reveals-three-area-of-focus-ahead-of-substantial-final-bid-for-chelsea
April 12, 20224 yr I no don’t know anything about Pagliuca or the Boston Celtics…but I liked his statement. I’m a big fan of people who go about their work quietly and without a fanfare.
April 12, 20224 yr Do we actually know which of the prospective owners actually "like" football? It's all well and good saying that so and so has deep pockets and already runs a successful American football team, but if that individual doesn't have any genuine passion for the sport of football then their drive for on-field success at Chelsea will always be limited.
April 13, 20224 yr 12 hours ago, Fatty_Speeding said: Do we actually know which of the prospective owners actually "like" football? It's all well and good saying that so and so has deep pockets and already runs a successful American football team, but if that individual doesn't have any genuine passion for the sport of football then their drive for on-field success at Chelsea will always be limited. I suppose that the Spuds fan in the Boehly bid does not count as a person that enjoys football and winning silverware, does it?
April 13, 20224 yr On 11/04/2022 at 20:04, acidicleo said: Why should he wait? He isn't getting any proceeds from this sale. And he is already disqualified isn't he? No idea pal just very interesting to observe the utter horse ballax thats going on re Roman and the attempt to wreck our club Money talks and i bet he ends up with a la liga team, banned or not We all still using billions worth of resources from russia and after diving into the facts its an absolute circus, All optics!
April 13, 20224 yr So provided the goalposts are not moved again tomorrow is deadline day for final bids. Then we wait for the PL to answer on all 4 ownership buds if they pass the fit and proper test. Provided that is done in time Raine are expected to put forward a preferred bidder on the 18th or later, as they won't until the PL has done its due diligence.
April 13, 20224 yr 52 minutes ago, CaitlinCFC said: Expect the PL to take forever then. While I know Toni's contract has a lot of people concerned on here, not AC as most of us believe he has pre signed with Barca already, I would rather the process takes a bit longer and we for sure get the best owner possible. At least we are told Roman and the board can still make that call and will be looking not just at money but who will look out for the club long term. And by the sounds of it at least 2, Griffin and Bohley, have got more funding behind them than Roman does. Maybe the other bids too we don't know.
April 13, 20224 yr JT has put out a statement saying that he is backing Pagluica’s bid. Interesting. Wonder how much weight that carries
April 13, 20224 yr 2 minutes ago, JM7 said: JT has put out a statement saying that he is backing Pagluica’s bid. Interesting. Wonder how much weight that carries Last I looked that bid was the only one with no votes in the Shed end poll. It was said JT and true blue and held positive talks with 2 of the bidders who would sell 10% to true blue, golden share if you will. Now makes sense why we have heard little form the CPO or CST trust on Pagliuca as he went the route with JT. Of course is risky for true blue as now they have thrown in with one camp if that camp fails the others may be like "well you did not support us so on your bike".
April 13, 20224 yr Roman Abramovich and the current Chelsea board are understood to be prioritising the "quality of the deal", and commitments to the future, over the final offer price. - @TeleFootball Quote from True Blue/JT: “Having engaged and being well received by all the bidders we were recently able to spend some time with Steve and Larry and getting to know their bid we're again confident that they are aligned with Chelsea fans, and of course have experience in this area of owning sports teams” Really interesting
April 13, 20224 yr 2 minutes ago, JM7 said: Roman Abramovich and the current Chelsea board are understood to be prioritising the "quality of the deal", and commitments to the future, over the final offer price. - @TeleFootball Quote from True Blue/JT: “Having engaged and being well received by all the bidders we were recently able to spend some time with Steve and Larry and getting to know their bid we're again confident that they are aligned with Chelsea fans, and of course have experience in this area of owning sports teams” Really interesting First bit is not new, has been that way since Roman announced he was selling. Second bit is hardly JT and True blue picking a candidate. Is rather them backing all of them while saying nice things about the ones they just met.
April 13, 20224 yr @JM7 they also said this: “We feel the club are in a fortunate position with the final bidders and look forward to continuing dialogue with them.”
April 13, 20224 yr Not to be a cynic but I wonder what Pagliuca’s offered True Blue to give them public backing
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