Shame to see a committed Chelsea player forced to leave yet at least he is not going to a rival and perhaps at AM he will do well in their system. 

On 03/08/2024 at 22:36, The Rising Sun said:

Amazing.

Without working with Conor, without playing him , without seeing how he would fit into his system,  Enzo and the Club can declare that Conor will not be a regular starter. 

 

This is outside Maresca hand. Maresca want to play man marking everywhere with his 8 going up as a 10 makin channel run to create space for winger. This is what Conor good at. 

 

12 hours ago, JM7 said:

This is exactly the same as Mount. All about the ££££. 

I disagree it's a lot different to Mount.

Mount's move to United was months if not years in the planning, Gallagher I think would ideally like to stay but it's largely out of his hands and I don't think he'd want to return to the utility role he had under TT and Potter, which i don't blame him for when Simeone wants him and he's had a season of a manager treating him like he's Eden Hazard.

2 hours ago, petre ispirescu said:

Reece James is pure profit as well and would probably command a very big fee should they put him up for sale. But they don't. All this given his injuries and the fact that you never know whether he will give you 38 match season or get his muscles done for the most part of it.

Colwill is pure profit as well, but the board did not even want to hear about it when Bayern came in for him a couple of months ago and informed everybody he is not for sale.

These conspiracies we'd suddenly sell those two are ridiculous.

It's like saying Arsenal will soon sell Saka because they've just sold Smith Rowe and are trying to sell Nketiah.

Madness

Was one of our better, more committed players last season

Preferred it when we were actually sh1t and in Div2 with massive away support and players and fans at games that had blue blood 

I get it that everyone is annoyed he has gone 

but 

he could of taken the latest deal for a lot better money 

20 minutes ago, Argo said:

These conspiracies we'd suddenly sell those two are ridiculous.

It's like saying Arsenal will soon sell Saka because they've just sold Smith Rowe and are trying to sell Nketiah.

Hypothetically we fail to make the CL next season, they will need to sell players for big money to cover the shortfall and to continue buying those young prospects. Our revenue growth has flattened, without CL it is harder to attract big money sponsors and presently we don’t even have a front of shirt sponsor. Next summer promises to be interesting.

34 minutes ago, Argo said:

I disagree it's a lot different to Mount.

Mount's move to United was months if not years in the planning, Gallagher I think would ideally like to stay but it's largely out of his hands and I don't think he'd want to return to the utility role he had under TT and Potter, which i don't blame him for when Simeone wants him and he's had a season of a manager treating him like he's Eden Hazard.

You keep saying this yet it was widely reported by almost every journalist that Mount had agreed to a contract extension before Christmas before Clearlake revised their offer and offered much worse terms, even JT has said similar. Why would he agree a deal with Chelsea if his move to Utd was years in the planning? Stop spouting bollocks because you read a thread about a PR company from a highly biased anti-English twitter account. 

39 minutes ago, Argo said:

I disagree it's a lot different to Mount.

Mount's move to United was months if not years in the planning,

Complete bollocks, did you not take anything in from the posts the other day? 

“Months if not years in the planning” - you absolute sausage!

These owners are clueless fools who do not understand the greatest football club in the world... We used to be serial winners with a squad who would die for each other.

They are killing the culture of Chelsea Football Club. Good luck CG, you gave it your all.

10 minutes ago, AlienX said:

These owners are clueless fools who do not understand the greatest football club in the world... We used to be serial winners with a squad who would die for each other.

They are killing the culture of Chelsea Football Club. Good luck CG, you gave it your all.

Ironically, under the previous ownership Conor probably doesn't make the squad in the first place.

25 minutes ago, Argo said:

Ironically, under the previous ownership Conor probably doesn't make the squad in the first place.

True! And if my aunt had bollocks she’d be my uncle!

4 hours ago, SydneyChelsea said:

No, that's not true at all. Abramovich did not finance the club through cash but through a series of interest-free loans, an arrangement clearly done for legal reasons to avoid both political and UEFA scrutiny prior to FFP being enforced. Here is an article from 2010 that speculates the arrangement between club and holding companies.

It is not dissimilar to the current arrangement between Chelsea and Blueco, except that the current structure involves multiple parties and is largely based on share-market wealth whereas Abramovich had a range of tangible assets including cash.

The arrangement was complex but legally speaking, Chelsea 'owed' Abramovich for everything he spent; when he sold the club, he absolved this debt and in doing so prevented both the UK government and UEFA/PL etc. coming after the club with either fantastic foresight or unbelievable luck.

 

The regulator authorities ( PL& UEFA) required submissions from the accounts . In effect you could make a loss without the need for any cash injection via equity . You could increase the level of loss if the owners was prepared to in effect fund losses to the upper sum, in the case of the PL regulation it was up to £105 million over a 3 year period . But and here’s the big but those limits didn’t really tell the whole picture when it came to cash needed. 

This can be best exampled by transfer fees. Some you would have to pay in one sum ( Kepa for instance) others you pay over an agreed timeline. Rarely are these agreed terms in accord with the rate at which the fee is written off (depress as its correctly know amortised) 

Most of the “ Benevolent Owners” such as Cities and now Newcastles inject cash either directly or via the hierarchy of companies that make up the deeper ownership structure but to ensure no debt these companies increase the number of shares and in an accounting exercise in effect sell the extra shares to the owner and that clears the debt.

RA did it differently. CFC Ltd drew money down from CFC Holdings and that is where the debt was held. To suggest RA didn’t finance the club through cash is just not the case.But fundamentally the FFP /PSR measures didn’t  look at debt ( they will going forward) . 
RA could easily have converted all his loans into equity but he chose not to. All his loans had a period of notice my guess was he decided on this route because it became a tax efficient approach. 
 

Let’s for the sake of illustration say he had sold CFC for £2.5 billion in normal days. Loans of £1.5 billion would show as a creditor liability from proceeds of sale. In effect the profit would be £1 billion. Had that £1.5 billion been converted to equity then a completely different set of calculations would have been applied. 
 

 

 

 

 

I'm probably in a minority here, but whilst it is a shame to see a homegrown player leave, and one who can put in a shift, I am not exactly devastated. What's troubling me is that we are not signing anyone that you would assume actually improves the first eleven to a notable degree. Four hundred South American school boys who can't even move to Strasbourg for another few years is not going to help us. If we sold Conor but bought Federico Valverde then I'd say we were moving in the right direction at long last.

The way the club have treated him and trevoh is an absolute disgrace. 

Yes, PSR rules need to be changed not to incentivise clubs to sell off their own academy products, but the rules are no excuse for the way the ownership has conducted itself. These are arrogant, small minded, asset stripping capitalists and nothing more. 

52 minutes ago, Argo said:

Ironically, under the previous ownership Conor probably doesn't make the squad in the first place.

Our standards have dropped in every department, I agree.

Roman would have sacked Poch too, 100%.

1 hour ago, Mod said:

Complete bollocks, did you not take anything in from the posts the other day? 

“Months if not years in the planning” - you absolute sausage!

On behalf of sausages everywhere I object to their name being taken in vain. Cease and desist or face censure from @Mod.

... Oh ...

Matt Law reporting he will be earning £200kpw with bonuses on a 5 year deal at Atletico. 

Good on him. Much like Mount I don't believe the wages reflect the quality but if a club is willing to spend that much on you we'd all snap their hands off. 

 

If you love them, set them free. Sad he’s leaving us, but happy to see him go somewhere he’ll get the respect he deserves from the club and fans

Maybe we are bankrolling better players with the money. 

14 minutes ago, evissy said:

Maybe we are bankrolling better players with the money. 

🤣🤣🤣

20 minutes ago, evissy said:

Maybe we are bankrolling better players with the money. 

Point being for 33 million can we find a  suitable replacement? In this current market with players like 29 year old Palinha going for 56 million , it's very unlikely. Complete farce of a sale in my opinion. 

Edited August 5, 20241 yr by Erik

Do we even need a replacement? We have Carney and KDH for depth, and with regards to Conor's missing void of aggression Lavia seems to be doing a pretty good job. 

It has felt inevitable for a while now but still gutted. One of the few players at the club who still had a connection with the fans. Ultimately sold to cover the money invested on unproven talent (most from South America). Most of those players seem to have been purchased more to sell in years ahead too. Feels like we've become a brokerage company.