27-01-2006, 14:40
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#1
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Inactive
Join Date: Jun 2003
Location: Teesside
Posts: 8,315
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Chelsea in the red
Just heard on the news that Chelsea have ended the season £140,00 0,000 in the red, the biggest 'loss' in football history.
Link
Is it just me, or even with his billions, this seems a little O.T.T  
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27-01-2006, 14:42
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#2
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Inactive
Join Date: Nov 2005
Posts: 4,291
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Re: Chelsea in the red
I think a lot of it could also be down to do with astute accountants and tax planning 
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27-01-2006, 14:44
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#3
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Inactive
Join Date: Jun 2003
Location: Belfast
Age: 44
Posts: 4,594
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Re: Chelsea in the red
The accounts that have been released don't include the £100 Mill deal with Adidas and the £50 mill deal with Samsung.
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27-01-2006, 14:46
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#4
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Inactive
Join Date: Jun 2003
Location: Teesside
Posts: 8,315
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Re: Chelsea in the red
Quote:
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Originally Posted by Saaf_laandon_mo
I think a lot of it could also be down to do with astute accountants and tax planning |
Yeah, could have a bit to do with it, but this won't help
Quote:
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Originally Posted by bbc sport
"The rise is down to some exceptional items that were necessary to help us in our aim to break-even by 2009-10."
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Thats a looooooooooooong term plan
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Originally Posted by bbc sport
The termination of a deal with Umbro, which cost £25.5m, plus a total loss of £22.8m over the transfers of Adrian Mutu and Juan Sebastien Veron and the £5m for Academy recruitment were picked out as the "exceptional items".
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Well there's close on £50,000 ,000 that wasn't exactly well spent, they must have some serious sleep problems at night, I panick over my OD, never mind  I'll just think of theirs now 
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29-01-2006, 11:49
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#5
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Guest
Location: Sutton in Ashfield.
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Re: Chelsea in the red
Wait till Abramovich drops them like a hot potato, they'll be in the brown stuff then, or wait till the relevant people catch up with him, they'll be down at the bottom of the table with all their players gone.
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29-01-2006, 13:04
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#6
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cf.mega pornstar
Join Date: Jan 2006
Posts: 18,802
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Re: Chelsea in the red
Quote:
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Originally Posted by Nidge
Wait till Abramovich drops them like a hot potato, they'll be in the brown stuff then, or wait till the relevant people catch up with him, they'll be down at the bottom of the table with all their players gone.
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Didn't Chelsea nearly go bust when their last sugar daddy died
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29-01-2006, 13:27
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#7
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Mum 15/08/46 - 30/09/20
Join Date: Mar 2004
Location: Galactic Sector ZZ9 Plural Z Alpha, www.daves-world.co.uk. A secret Moonbase (shh don't tell anybody)
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Re: Chelsea in the red
With Abramovich owning Chelsea this thread could also be called the Reds in Chelsea 
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