Poor Old Chelsea!

Status
Not open for further replies.
It's a real site, but as we know, there's a lot of fantasists on football forums.:)

....and fanta-scruffs
Ci0GLR-WUAAJFNQ.jpg
 
Harald was the King of Norway. Harold was King of England; they fought at Stamford Bridge and Harold won. But it was a pyrrhic victory because it exhausted his forces and their spent circumstance enabled William's victory at Hastings immediately thereafter that battle.
I'm well aware of that mate, but Stamford Bridge can't really be called a pyrrhic victory as it was strategic and tactical mistakes and bad luck after the battle which cost Harold. For instance, he didn't summon the fyrds of Mercia or Northumbria before Hastings. Even then William could easily have lost, had Harold and/or his brothers survived.
 
No, not because Stamford Bridge is falling down but because, allegedly, the Spanish police and stewards were 'heavy handed' with them in Barcelona.
Am I alone in thinking that the racist thugs and general hooligan element amongst their travelling support may have given the local police good reason not to welcome them with open arms?
Just a thought.
Would this be better in The Daily Mail?
 
Horrible, horrible club they've become. For some reason a lot of my mates are Chelsea fans (long standing ones, from when they were in div 2 in the 80s). I think they're a bit embarrased about their club now. I know i'd be.
 
Just read Matt Scott article on Chelsea on ESPN and they really are in the proverbial S***.

http://www.espn.com/soccer/club/che...-on-or-else-their-present-and-future-are-grim

The season they last won the league when they had no European football they had a operating cash flow of 10 million pounds.

They are still reliant on Abramovich propping them up and are no where near being a self sustaining club.

Look at the loans in this graph of Abramovich propping them up at the start of a season and taking money out at the end of the season.

chelseatable1_800x450.webp

Here's some alarming snippets in the article.

Abramovich has been pouring, on average, around £60 million a year into Chelsea. Technically, it has not been largesse but loans, and the most recent count, made in June last year, said the club owed its owner some £1.2 billion. This is repayable within 18 months of Abramovich calling it in -- a commitment Chelsea would naturally be unable to meet if he did -- although at that time he did not express any intention of demanding repayment

The problem for Chelsea is that, if Abramovich turns off the tap, they would need to become self-sustaining, and that could be hard to maintain. If they were to rely on the cash they generate themselves, Chelsea would be forced to operate at a different end of the transfer market.

Despite winning plaudits for canniness in the market, Chelsea spend tens of millions of pounds more on transfers than they generate in free cash flow. And more buying will be required in the years to come: The 11 players that manager Antonio Conte used most frequently this past season have an average age close to 27. Refreshment will be needed before too long.

In only two of the past six seasons have Chelsea had substantially more than £10m in cash left over after core expenditures on wages, travel, utility bills, insurance and the like. It is unthinkable that Conte, who has repeatedly complained during the season about what he perceives as a lack of financing for new players, or a new manager would be satisfied with a net transfer budget of less than £10m annually.

The picture may soon get worse before it gets better. Having failed to finish in the top four, Chelsea will be second-class citizens in Europe when they play in the far-less-lucrative Europa League next season. With that revenue stream falling and stadium income effectively remaining flat, this would be a hard time for the club to have to live within their means.
 
Status
Not open for further replies.

Welcome

Join the Everton conversation today.
Fewer ads, full access, completely free.

🛒 Visit Shop

Support Grand Old Team by checking out our latest Everton gear!
Back
Top