For losing the most money in one year - £140m.
Even when they account for some exceptional items (sale of Mutu and Veron and the termination of the Umbro contract ) the loss is still £90m.
http//news.bbc.co.uk/sport2/hi/football/teams/c/chelsea/4652672.stm
That's staggering. I bet the price of the meat pies goes up this year.
I bet the price of the meat pies goes up this year.
You mean the price of champagne and prawn sandwiches? :shock:
No-one drinks champagne and eats prawn sandwiches at football unless someone else is paying for it.
Still - to make a profit they need fan to spend about 400k a year - lot of prawns that
Yeah Chelsea look at the deficit as a investment in the future .hope it pays out for them .
Yeah Chelsea look at the deficit as a investment in the future .hope it pays out for them .
It's topsy-turvy business and unless they either change their ways or Roman keeps shelling out the dough to prop them up, they are going to go bankrupt.
Not sure I'd want to be associated with a club that has a few years of boom and then goes bust - not that I have anything against Chelsea or their winning ways. I just feel that clubs must be run responsibly and this is not a good example currently.
You could look at it like an investment All these big signings are worth big money still if they leave and most likly for more than what they came in at, well excluding the overpriced Essien wink In the mean time they are earning big prize money and lots of TV cash to sell more of those Adidas shirts.
The mob is no mug when it invests it expects a return grin
The mob is no mug when it invests it expects a return :grin:
That’s why he (the Russian criminal) bought back the shares and took it private so the mob won't be clamoring for a return.
No-one drinks champagne and eats prawn sandwiches at football unless someone else is paying for it.
Or they're extremely rich.
I hope they do a Blackburn.
Yeah Chelsea look at the deficit as a investment in the future .hope it pays out for them .
Roman stole that idea from Enron :wink: