Everyone else still confident a deal will be done soon or is everyone else like me and sh*tting themselves😕

2 minutes ago, Roland The Bruin said:

Everyone else still confident a deal will be done soon or is everyone else like me and sh*tting themselves😕

Enjoy the cup final like it could be the last…yet again it could be new beginnings 

12 minutes ago, dkw said:

It's the times, it's as likely to be true as Roman Abramovich turning out to be an Alien.

It’s the source of the story that’s the worry, Martin Ziegler. He’s the one who broke the stories on FIFA and Blatter

 

5 hours ago, dkw said:

He`s maybe not American enough.

Dickie wuh this is who we’ll get when TT is binned

 

5 hours ago, dkw said:

He`s maybe not American enough.

Dickie wuh this is who we’ll get when TT is binned

 

26 minutes ago, dkw said:

It's the times, it's as likely to be true as Roman Abramovich turning out to be an Alien.

I was under the impression Roman was allowed to continue with the sale, as the UK government was happy with the process and assured Roman would get no money from the process?  There’s no way The government will let Roman take a penny.  
 

The government might be sick of this process or sceptical with where the moneys going.  Is it possible they take control and sell it to their preferred bidder?  Maybe Ratcliffe is dealing directly with the government knowing this?

Absolute madness is the Chelsea way.

 

So come on you smart people, what is the actual breakdown of the sale, are the uk expecting 4.25 million, because what exactly are they paying for, just watched SS, and to say I’m confused is an understatement…..?

Maybe Sir Jim is in now because he found out Roman was demanding this and has laid his terms out to the government directly as he expects them to take Chelsea from Roman by force and sell it against his wishes.

Either way for me hold fast Roman. You have been dealt with disgracefully. You own the club and this is legalized theft by a corrupt government.

I'd suspect its more likely Ratcliffe's bid suits Roman, theyll have cooked up a way to get him his 1.5bn, maybe via one offshore account in Monaco to another which the Uk govt cant touch, and Roman now wants Ratcliffe to own Chelsea.   

 

This latest news just smacks of it.  Roman can still reject Raine's choice, and it's possible thats what he may do. 

 

On the other hand, we are completely and utterly wrong and Boehly takes over tomorrow

Edited May 3, 20224 yr by RickUK

2 minutes ago, RickUK said:

I'd suspect its more likely Ratcliffe's bid suits Roman, theyll have cooked up a way to get him his 1.5bn, maybe via one offshore account in Monaco to another which the Uk govt cant touch, and Roman now wants Ratcliffe to own Chelsea.   

 

This latest news just smacks of it.  Roman can still reject Raine's choice, and it's possible thats what he may do. 

 

On the other hand, we are completely and utterly wrong and Boehly takes over tomorrow

Well if it is the former would that not point to Sir Jim being a bit crooked in dealing against the wishes of his government?

Incidently I wonder if this news and potential for administration, being booted out of the PL and even liquidation is enough to get our fans off their collective behinds and actually protest thr governments tyrannical handling of our beloved club and owner rather than just sitting their like beaten dogs.

Just now, axman2526 said:

Well if it is the former would that not point to Sir Jim being a bit crooked in dealing against the wishes of his government?

Most likely, but that was just me throwing sh*t seeing if it sticks, suspect there is something being cooked up though.  He has pals in the govt. Its why he will get vetted instantly and fly through due dilligence, which is the reason talk of his bid not being able to be done in time is rubbish

Soon as i read he had bid one day after speaking to buck and the govt, i instantly thought "hes been told to bid"

51 minutes ago, Fatty_Speeding said:

In an entirely different sporting and economic environment.

Owners of the last two Super Bowl winners:

2022 - Stan Kroenke

2021 - The Glazers

Well the NFL has a hard salary cap, so I’d argue that Major League Baseball is probably closer to the Premier League in terms of the economic environment.
 

The relative success of the Dodgers doesn’t guarantee anything, of course, but they certainly spend a lot more than they need to in order to just remain competitive; they spend to win.

11 minutes ago, RickUK said:

Most likely, but that was just me throwing sh*t seeing if it sticks, suspect there is something being cooked up though.  He has pals in the govt. Its why he will get vetted instantly and fly through due dilligence, which is the reason talk of his bid not being able to be done in time is rubbish

Soon as i read he had bid one day after speaking to buck and the govt, i instantly thought "hes been told to bid"

If he was does that make his bid a good thing for us or a bad thing? Would Bohely be better?

And who told him to bid? The government or Roman. I doubt both.

Something definitely dodgy here. I think we can all see something is going on. 

Copying this from the Telegraph. It's a bit doom laden, hard to know what the truth really is...

Chelsea have been warned their future is on the line after Government ruled out sale delays amid fears Roman Abramovich is reneging on his promise to write off a £1.6 billion debt.

Ministers believe time is running out on the May 31 licence deadline and are understood to be flatly refusing the prospect of more negotiations allowing Abramovich to claw back funds.

The sanctioned Russian billionaire had promised in a statement when he put the club up for sale at the start of March that he would write off the huge sums that the club still owes him.

However, sources close to the Government process say Chelsea are now raising the prospect of a restructure on sale terms, which would appear to allow Abramovich to be repaid.

Two Whitehall sources told Telegraph Sport that it remains ministers' position that Chelsea will not get approval for the takeover if he receives a "penny". Under an amended proposal mooted late last week, Chelsea’s parent company Fordstam Ltd would pay off loans to offshore Camberley International Investments, which is believed to be linked to Abramovich.

The 11th hour perceived change of plan has heightened a sense of anxiety within Government that negotiators will soon start running out of time to complete the complex process.

With auditors also needing to check and implement the process of paying billions into a foundation, Whitehall figures have raised the prospect of an "existential threat" facing the club. Abramovich had his licence as a Premier League owner removed in the wake of the sanctions announced by Government, and England's top tier meet on June 8 to constitute the 2022-23 season.  At it stands, Chelsea's licence to continue operating under a Government licence will have expired eight days before then.

The feeling within Government is that Abramovich's people had been attempting to force ministers' hand by raising the prospect of a change of heart over the loan at this late stage. However, multiple figures within Whitehall say the loan arrangement remains a red line and there can be no room for further negotiation.

Abramovich said at the start of March, when he put Chelsea up for sale, that "I will not be asking for any loans to be repaid".  There was just over £17 milllion in cash reserves in Chelsea's parent company during the last set of accounts up to the end of last season, but the loans that Abramovich has pumped in since buying the club in 2003 now total £1.6 billion. Last season alone, Abramovich injected around £150m and withdrew around £130m to end the year loaning the club an overall £19.9m.

Rob Draper:

My understanding on Chelsea bid is that owners’ + directors’ test has been completed by PL on Boehly consortium 

I wouldn’t anticipate any issues (tho that hasn’t been confirmed, it’s just my best guess)

So really Boehly bid is good to go if Roman + UK Govt give 👍

Just wondering, who pays the players and staff this month? We know Roman was allowed to inject cash in during April to meet commitments. 

@Benjacobs

Big Chelsea update incoming tonight. But for those asking, how to deal with the 1.6bn in debt ‘owned’ to Abramovich remains a sticking point. Simplest solution, and government preference, is to convert debt to equity. This would weaken the share price but resolves the situation.

The only other option is for the new owner to take on the debt at book value. But in the same way Abramovich can’t legally write it off without government help, Chelsea can’t pay it off under sanctions. So the notion Fordstam can just wire Camberley 1.6bn is hugely problematic.

Jersey-based Camberley are outside of UK government remit. Company is believed to be Abramovich controlled. That means Fordstam couldn’t make them a payment now if so. If that was the plan, UK gov. would block the sale.

So a new owner would effectively instead inherit debt they can’t currently pay back. And if they had to borrow extra to run the club because of allocating funds to one day pay this back, they may also get less preferable interest rates. Or they have to inject more of own money.

Boehly group, or any new owner, won’t be comfortable taking on a debt unless there is clarity as to how, when (or if) they can pay it back. That’s why the debt-to-equity approach is simpler.

48 minutes ago, JM7 said:

Rob Draper:

My understanding on Chelsea bid is that owners’ + directors’ test has been completed by PL on Boehly consortium 

I wouldn’t anticipate any issues (tho that hasn’t been confirmed, it’s just my best guess)

So really Boehly bid is good to go if Roman + UK Govt give 👍

That be key, maybe he does not want it.

Why does the 1.6B need paying anywhere? It feels like the media doesnt really have a clue whats going on tbh.

I thought 1.5 from any new owner goes to paying off the debt and 1.5 goes to the ukraine and roman just writes off his debt

Now it sounds like a right ponzi scheme from all sides, The gov have absolutely caused this, We must protest if things get much worse.

6 minutes ago, Kantesmini said:

It feels like the media doesnt really have a clue whats going on tbh.

I do laugh at all these social media journalists that keep getting quoted as gospel in this thread LOL

2 hours ago, RickUK said:

I'd suspect its more likely Ratcliffe's bid suits Roman, theyll have cooked up a way to get him his 1.5bn, maybe via one offshore account in Monaco to another which the Uk govt cant touch, and Roman now wants Ratcliffe to own Chelsea.   

 

This latest news just smacks of it.  Roman can still reject Raine's choice, and it's possible thats what he may do. 

 

On the other hand, we are completely and utterly wrong and Boehly takes over tomorrow

Either way we're dead in a month by the looks of it