https://www.nytimes.com/athletic/7072081/2026/02/26/chelsea-loss-uefa-finances/?source=twitteruk

This is significant enough to warrant its own thread. If you haven't been awake to reality until now then perhaps this wakes you up.

The future of the club will be in the balance very soon.

But we exceeded expectations last season according to the muppets in charge

I'm deadly serious when I say if I'd been given control of the club with the same funds available I'd have ran it better than these lot. I've cut them a lot of slack over the years but the incompetence and attempted yankification, poorly performed, of this club is a complete f**king joke. £320m in the hole and and I feel like we still need 6 starters.

26 minutes ago, timetowaste said:

I'm deadly serious when I say if I'd been given control of the club with the same funds available I'd have ran it better than these lot. I've cut them a lot of slack over the years but the incompetence and attempted yankification, poorly performed, of this club is a complete f**king joke. £320m in the hole and and I feel like we still need 6 starters.

tRuST tHe DAta/ pRoCEss

Imagine if we hadnt given Brighton nearly half a billion quid... which in my mind appears to be paying off a debt from outside of football.

18 minutes ago, bluelightening said:

tRuST tHe DAta/ pRoCEss

Imagine if we hadnt given Brighton nearly half a billion quid... which in my mind appears to be paying off a debt from outside of football.

To be fair the signings we've made from Brighton are some of the actual good ones. Caicedo, Cucurella and Joao Pedro have all been hits.

Capitalism. Vulture capitalism. BlueCo will be fine. When Blueco sell they will make money on their investment. They won't be selling for a while yet. Personally i do not give a flying fcuck about BlueCo. Alas, the golden age of English football is over. All the clubs have been bought up by foreigners (you can thank BreXit for that).

11 minutes ago, timetowaste said:

To be fair the signings we've made from Brighton are some of the actual good ones. Caicedo, Cucurella and Joao Pedro have all been hits.

Massively Overpaid on all of them. Is potter still costing us money?

Running out of loop holes and things they can sell to themselves. We'll have to start cashing in on our better players soon, and then the true downfall will commence.

If only such news would drive BlueCo to sell sooner rather than later.

I said yesterday at least one big name player would be sold (Enzo he wants out anyway)

and i also said if we fail to get CL football then that would mean Palmer or Caicedo could have to be sold, as for the rubbish being put about today that we still want Rogers, well that wont happen if Villa get CL and we dont

9 minutes ago, Caps_Lock_King said:

I said yesterday at least one big name player would be sold (Enzo he wants out anyway)

and i also said if we fail to get CL football then that would mean Palmer or Caicedo could have to be sold, as for the rubbish being put about today that we still want Rogers, well that wont happen if Villa get CL and we dont

I mean many on here would be happy to see Enzo sold. He would be our biggest name to sell to cause the least backlash on BlueCo, imo.

Really I think only selling Reece and Estevao causes significant backlash, others like Caicedo, Cucurella and Santos would cause rumblings but not full on discontent, unless we had a fire sale of all leaving at the same time.

What makes you think Enzo wants out?

46 minutes ago, Caps_Lock_King said:

I said yesterday at least one big name player would be sold (Enzo he wants out anyway)

and i also said if we fail to get CL football then that would mean Palmer or Caicedo could have to be sold, as for the rubbish being put about today that we still want Rogers, well that wont happen if Villa get CL and we dont

We were on top of the world at the end of last season and signed absolute dross, bar Joao Pedro.

There's no chance any decent players would want to come to us next season with no CL.

Not like the board would want to sign any decent players anyway.

49 minutes ago, yaz said:

We were on top of the world at the end of last season and signed absolute dross, bar Joao Pedro.

There's no chance any decent players would want to come to us next season with no CL.

Not like the board would want to sign any decent players anyway.

United almost got relegated yet signed two of the best attackers in the league last summer.

We're a big club that will always attract interest. The issue is our sporting directors failing to secure any top player without Eghbali having to get involved (which it doesn't look like he does anymore).

6 hours ago, OriginalS said:

https://www.nytimes.com/athletic/7072081/2026/02/26/chelsea-loss-uefa-finances/?source=twitteruk

This is significant enough to warrant its own thread. If you haven't been awake to reality until now then perhaps this wakes you up.

The future of the club will be in the balance very soon.

There's no fixing that without paying for it on the pitch. It's been said many times already, but the owners have f**ked us. I bet all of the Clear Lake shills have gone very quiet now.

9 minutes ago, Scott Harris said:

I bet all of the Clear Lake shills have gone very quiet now.

Let them stick their heads out so we can see who the dumbasses are.

5 minutes ago, OriginalS said:

Let them stick their heads out so we can see who the dumbasses are.

They won't, even most of the ones that backed them on here quietly disappeared. Evissy spent pretty much all of last season defending them, but we haven't seen him for months now.

This video of younes discusses about this. It is a good analysis for anyone who wants to watch.

5 hours ago, yaz said:

We were on top of the world at the end of last season and signed absolute dross, bar Joao Pedro.

There's no chance any decent players would want to come to us next season with no CL.

Not like the board would want to sign any decent players anyway.

Funny thing is, the sporting directors never wanted to sign top players, but now, even if they did, they can’t, financially. Answers the same both ways, just more depressing now.

This summer we’re just going to float around, unless a big sale is made. It’s game over squad wise, aside from scraps/loans. I’d add scouting lesser known/cheaper youths with actual talent, but we know they’re not capable of this.

So off the back of these accounts and the inevitable fire sale we’ll be looking to start next season with a lineup of…

Jorgensen

Disasi, Badiashille, Tosin, Hato

Essugo, Lavia

Gittens, Neto, Garnacho

DD Fofana.

What absolute exemplary running of a club to take it from Champions League winners to relegation fodder in 5 years.

f**king vile that the Government chose these Venture Capitalist Septics over a Legitimate Businessman with an actual passion for the club and sport on the whole just because of Nationality. I’ve said it before but heads should be f**king rolling for that.

8 hours ago, TheCeleryKing said:

Capitalism. Vulture capitalism. BlueCo will be fine. When Blueco sell they will make money on their investment. They won't be selling for a while yet. Personally i do not give a flying fcuck about BlueCo. Alas, the golden age of English football is over. All the clubs have been bought up by foreigners (you can thank BreXit for that).

I’m pretty sure all the clubs were owned by foreigners before brexit too

I wonder if Simon Jordan still thinks of Eghbali as "one of the most capable and compelling individuals he has encountered in football" ... 🤡

16 minutes ago, Sexyfootball said:

I wonder if Simon Jordan still thinks of Eghbali as "one of the most capable and compelling individuals he has encountered in football" ... 🤡

If Simon Jordan tries to defend him, somebody should shove this in front of his face

Does this take the CWC money into account? Because if it does, then it's even more disastrous.

Edited February 26Feb 26 by Scott Harris

4 hours ago, Sconnie Blue said:

United almost got relegated yet signed two of the best attackers in the league last summer.

We're a big club that will always attract interest. The issue is our sporting directors failing to secure any top player without Eghbali having to get involved (which it doesn't look like he does anymore).

Utd can pay the big wages we can’t though

“Sources at Chelsea say a number of factors have caused an unfavourable outlook in Uefa's latest report.

They say they remain profitable on an operating basis, believe they will comply with Uefa's rules, and deny they will have to sell star players to fulfil any regulatory requirements.”

Sure they are profitable on an operating basis as they can value any player at whatever price they want. The reality is because they have spent recklessly, UEFA only count play player sales from registered players.

12 minutes ago, Scott Harris said:

Does this take the CWC money into account? Because if it does, then it's even more disastrous.

BBC Sport

Chelsea finances: How English football's biggest-ever ann...

Chelsea recorded a pre-tax loss of £355m for 2024-25 - the highest loss ever made by an English football club - according to financial figures released by Uefa. How did it happen?

Yes it does.

The only area in which Chelsea performed impressively in comparison to their rivals was broadcast revenue, with participation and victory in the Fifa Club World Cup boosting income to £192m

What I found crazy in the BBC article was

They were the sixth-highest spenders on wages in Europe, paying their players £388m - £43m more than they did the previous year.

Only Liverpool, whose spend was increased by bonuses paid to players for winning the Premier League, and Manchester City were higher in England.

How is that even possible with them touting their low wages. Player agents must be laughing all the way to the bank.

Chelsea have signed many of their players to long-term contracts in order to ensure their value is 'amortised' - spread out over a longer period of time to reduce the yearly cost in the club accounts.

The report states "English clubs' amortisation costs are impacting profitability", meaning the amount ending up on the cost sheet at the end of each year - from what are effectively deferred transfer payments - is adding to their losses.

Seems trying to game the system with long contracts has backfired. Our annual amortisation has blown past £200m+ annually which becomes a big problem under the new Squad Cost Ratio rules which kicks in next season. This caps spending on wages & transfers (amortisation) at 85% of revenue, 70% for CL clubs. Last season we hit 90% and go hit with a £80m fine + four year “settlement arrangement” and the 1 in 1 out transfer rule.

One thing missing from the UEFA report is it doesn’t not factor in our interest costs at the holding company, 22 Holdco;

- Interest cost Ares subordinated debt £65m

- Interest cost BOA/JPM senior debt £60m

- Strasbourg losses £69m

- CFCW losses £unknown