politics lmao you're all fan boying over a bunch of people who couldn't care less about you. Trump's a c**t. Kamala's a c**t. Starmer's a c**t. Rishi's a c**t. Boely;s a c**t. Eghbali's a c**t. idiots

12 minutes ago, Ukraine Bolt said:

politics lmao you're all fan boying over a bunch of people who couldn't care less about you. Trump's a c**t. Kamala's a c**t. Starmer's a c**t. Rishi's a c**t. Boely;s a c**t. Eghbali's a c**t. idiots

Not fan boying over anyone mate, don't think we'll of any of them

4 minutes ago, axman2526 said:

Not fan boying over anyone mate, don't think we'll of any of them

this is exactly what a fan boy would say

16 minutes ago, axman2526 said:

Not to defend it or get too deep in it, because I would be very concerned about Alberta becoming its own country, and very much against it becoming the 51st state. However it is not all on Alberta. We have a lot of natural resources that the liberal goverment have used and abused their way over the past 10 years, put in place systems that have hampered the provences development while taxing us high on fuel, which should cost us half the price is does. 70bill a year goes from Alberta to Ottawa, less than half comes back.

I hope Danielle Smiths actions are to secure a better deal from the liberals, who I fully expect to win the election as all you need is Ontario and Quebec to like you to win the election, the rest of what Canada thinks and votes for does not matter.

You’re probably right and that is the same thing that Catalonia say about the rest of Spain, Scotland say about the UK or Eastern Ukraine says about western Ukraine. There’s a disregard about what Spain has done for Catalonia, the UK has done for Scotland etc But we’re derailing this topic, my friend

BlueCo, Boehly and Egbahli are all c**ts. We can all agree on that.

This does raise a very good point.

What if our Lord & Saviour Donald Trump had bought Chelsea.

I presume we’d have won the last 3 PL’s, CL’s, CWC’s, FA Cups, League Cups and somehow even the Johnstones Paint.

Oh and politically in regards Canada, Quebec should be annexed. Letting Trudeau destroy that country the way he has over the past decade is unforgivable and is solely down to those fake frogs.

3 hours ago, RMH said:

BlueCo, Boehly and Egbahli are all c**ts. We can all agree on that.

Well no, Evissy does not ;)

On 28/03/2025 at 23:46, evissy said:

What Liam Twomey is saying is something I've tried to say in terms of what the plan is. He puts it nicely. Starting from around 9 minutes. Not sure if @SydneyChelsea trusts Liam any better than me on whether something has been done before or not but he is saying what I've tried to say since Blueco took over on the plan AND the sentiment that this has not done before on this scale. Harvesting youth is normal but the amount of youth and the level of youth is on our case is on a premium level.

My dear @evissy, I might find your views annoying, naive and illogically optimistic, but I would still sooner trust anything you say over Liam Twomey. Anyone who writes for the The Athletic is invariably an embodiment of the Dunning-Kruger effect writing for similar-minded souls.

4 hours ago, SydneyChelsea said:

My dear @evissy, I might find your views annoying, naive and illogically optimistic, but I would still sooner trust anything you say over Liam Twomey. Anyone who writes for the The Athletic is invariably an embodiment of the Dunning-Kruger effect writing for similar-minded souls.

I have listened to the podcast and read his Athletic articles. I think he is sound minded. He is not saying the plan will work, neither do I, he is just saying how he sees this plan, as do I. Most of the words here are:

12 hours ago, RMH said:

BlueCo, Boehly and Egbahli are all c**ts. We can all agree on that.

Not sure how that helps anyone...just makes this space pretty unbearable.

8 minutes ago, Ukraine Bolt said:

Thank you for your help once more Sir Bolt. We are clearly going forward.

2 minutes ago, evissy said:

Thank you for your help once more Sir Bolt. We are clearly going forward.

Going forward? The club has done nothing but regress under Clearlake.

So we sell our women’s team to ourselves and make a profit avoiding PSR sanctions.

Sooner or later we will run out of loopholes we can exploit. Wonder if they’ve considered having a sponsor on the kit ?

9 minutes ago, charierre said:

So we sell our women’s team to ourselves and make a profit avoiding PSR sanctions.

Sooner or later we will run out of loopholes we can exploit. Wonder if they’ve considered having a sponsor on the kit ?

We haven’t seen the numbers to gain any real perspective but to achieve a profit of £128 million they sold the woman’s team or a % there of for £198 M in effect a trading loss of £70 million. If you apply the same approach to the pre year that suggests the loss has dropped from £160 million to £70 million in a season when there wasn’t any UEFA football.

Clearly they are reducing costs ( amortisation/ wages) and increasing other income streams but the 24/25 numbers will reflect not having a shirt sponsor but everything seems to be leading up to a big announcement around a deal circa £60 million which if correct will make a massive difference particularly if the headlines around loan income and player sales is correct

13 minutes ago, charierre said:

So we sell our women’s team to ourselves and make a profit avoiding PSR sanctions.

Sooner or later we will run out of loopholes we can exploit. Wonder if they’ve considered having a sponsor on the kit ?

Having looked a bit into it it’s not as bad as I thought.

Even without that sale the loss would have only been 70m, half of which is deductible. Considering no CL football and short sponsor it’s pretty good.

I expect with Europe, shirt sponsors and the big money from Club World Cup we should be making a profit next year without those loopholes.

25 minutes ago, Remodez said:

Having looked a bit into it it’s not as bad as I thought.

Even without that sale the loss would have only been 70m, half of which is deductible. Considering no CL football and short sponsor it’s pretty good.

I expect with Europe, shirt sponsors and the big money from Club World Cup we should be making a profit next year without those loopholes.

The numbers that really matter are those in the PSR/FFP submissions ( which we never see ) as opposed to the accounts.

However if you look at 22/23 and 23/24 then for PSR purposes it would appear that there would be circa £30 net profit as a starting point then to that you can add some £23 million back depreciation, probably another £15 million academy and woman’s football so quite a lot of wriggle room. What we do know is that the previous year 21/22 didn’t hadn’t led to a PSR charge so that number will drop off.

The 24/25 year will impact in terms of not having any shirt sponsor but there has been a growth in match day, a growth in other club partners and of course a limited sum extra from playing in UEFA competitions. I doubt that we will have matched the player trading profit of £150 ish million achieved in 23/24 but I suspect amortisation and wages have dropped significantly and whilst I very much doubt that 24/25 will get any benefit from our participation in the club World Cup the 25/26 should get a big boost as a consequence.

Having said all that FFP is far more restrictive and in one sense in that certain income isn’t allowable in another namely sanctions, it might well be well worth the approach being taken.

17 hours ago, Term_X said:

1 hour ago, terraloon said:

We haven’t seen the numbers to gain any real perspective but to achieve a profit of £128 million they sold the woman’s team or a % there of for £198 M in effect a trading loss of £70 million. If you apply the same approach to the pre year that suggests the loss has dropped from £160 million to £70 million in a season when there wasn’t any UEFA football.

Clearly they are reducing costs ( amortisation/ wages) and increasing other income streams but the 24/25 numbers will reflect not having a shirt sponsor but everything seems to be leading up to a big announcement around a deal circa £60 million which if correct will make a massive difference particularly if the headlines around loan income and player sales is correct

For FFP rules, amortisation is calculated as a cost , essentially, it's calculated as spending , same as is our transfer spending, wages etc Currently our amortisation cost is calculated for FFP rules at over £200m a year.

Edited March 31, 20251 yr by The Rising Sun
Info

16 minutes ago, The Rising Sun said:

For FFP rules, amortisation is calculated as a cost , essentially, it's calculated as spending , same as is our transfer spending, wages etc Currently our amortisation cost is calculated for FFP rules at over £200m a year.

I appreciate that but my point was that it’s likely that the 23/24 the numbers when published will show a year on year reduction. Put another way my reading is that the £200 million + wages will be reduced

My other point re other income streams is we know that gate receipts went up as did profit from player loans and transfer fees received

2 hours ago, charierre said:

So we sell our women’s team to ourselves and make a profit avoiding PSR sanctions.

Sooner or later we will run out of loopholes we can exploit. Wonder if they’ve considered having a sponsor on the kit ?

2 hours ago, terraloon said:

I appreciate that but my point was that it’s likely that the 23/24 the numbers when published will show a year on year reduction. Put another way my reading is that the £200 million + wages will be reduced

My other point re other income streams is we know that gate receipts went up as did profit from player loans and transfer fees received

I appreciate your reply. Thanks

So Ornstein reckons Boehly could be on the way out...

1 minute ago, cfr95 said:

So Ornstein reckons Boehly could be on the way out...

This would literally be the nail in the coffin of this dying football club.

10 minutes ago, cfr95 said:

So Ornstein reckons Boehly could be on the way out...

Just realised it's April 1st. Disregard.

Sorry for any stress this has caused!

1 hour ago, cfr95 said:

So Ornstein reckons Boehly could be on the way out...

More doom and gloom, good lord