The amortisation loopholes were always going to bite them back in the future. Imagine them trying to budget transfers in 2029 and still having to account for the Enzo Mudryk etc. amortised costs
All clubs will have amortised costs to take into account. As long as they are playing it's not a problem. The risk is if they're not successful and we can't sell.
I get the feeling that the spending of Chelsea was inevitable but the timing of it, is was makes it perilous. They took advantage of other clubs lack of funds especially when you could argue at least 4 of the big clubs required huge overhauls. If I remember correct, Chelsea have qualified for the champions League the most in EPL since 2002. So I think this loss of revenue will hit Chelsea hard in the short term but the chance to offload players to lower positioned teams could help them turn a profit. We'll just have to see...
We have to see. Enzo is good but will he be worth 150 million good. Mudryk is good but 100m good? Even clubs like city have stopped paying huge fees for players n decided to walk away n only pay for players they need like grealish, haaland, rodri, etc.
They've still got to find a buyer for those players though. I'm struggling to think of a single player who's increased his value in the past 12-18 months. Reece James maybe? Kepa perhaps - but they aren't going to get to close to the money they paid for him. They either have a bunch of underperforming old players on massive wages that no one wants, or young players with inflated fees who no else can afford. Their best hope seems to be selling young homegrown players (Mount, Gallagher, Loftus-Cheek, Broja etc) to upwardly mobile PL teams, but how many fans want to see homegrown players sold when the rest of the squad's such a shower?
@@brucemclaren- We can all agree that Mudryk true value isn't €100, Shaktar just to advantage of the inflated forward market and the fact they were playing UCL
Expensive players with 7-year contracts. If these signings don't work, the club is tied because Boehly was playing with the limits of financial fair play rules
@@frankreynolds9930 they’re not worth it if the price paid was inflated. The club will have multiple windows loosing £10’s of millions to the amortised cost of their overspend.
@@samtorr3947 Well Enzo cost the most and he already looks great. 101mil over 8 years is isn't that much. Murdryk is still questionable but 62 mil over 8 years is again not that high. Everyone talks about if they flop, but if they don't then Chelsea save alot. Chelsea has many problems, these long contracts arent one of them like everyone keeps mentioning.
It’s not a new thing, Arsenal Barca etc have all done similar things with much younger players. It’s just that chelsea went a step further and did it with several players not one or two.
Great explainer. People talk about amortisation like it's a cheat code Chelsea has just discovered, rather than a financial lever with its own set of pros and cons.
@@Ed-zi9juchelshit spent 650 million euros this season and got closer to relegation than to conference league qualification 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
I still can't get over how badly Todd Boehly has screwed this up. Everyone now knows Chelsea need to sell to balance the books so will look to get players on the cheap (although the better ones may create a bidding war). Also, their best players are still the ones from the pre-Boelhy era, but those players have less time on their contracts so will be easier to sell. Some of the new players are on such collosal contracts that they'd struggle to give them away for free. Raheem Sterling for example is on a reported £325,000 year, on a 5 year deal, that's also £80m (less now as 9 months have lapsed). Who in their right mind would pay off that contract, even if it were to take him for free!?!? I don't know how Boehly has been this clumsy, he must be an astute businessman to be a billionaire in the first place. Baffling.
It’s definitely possible to be both a billionaire and an idiot. Especially in Sports, it’s astonishing how many franchises in the US are seemingly run in the dumbest way possible
@@BGeezy4sheezy I get the impression with Boehly that it's more arrogance than idiocy. Coming in and getting rid of all the staff who had been at the club for years and knew the game, then essentially making himself sporting director thinking he knows best. Backfired massively!
An important note to make is for Chelsea will receive an extra loss allowance for when the club was sanctioned, same way clubs received special COVID allowances. This coupled with a mass fire sale will generate some revenue. In addition several players are already looking like they are worth the money I.e badiashile while the rest except cucurella the jury is still out
Also the players they have signed recently are on relatively low wages by prem big club standards, so they can potentially be sold if things don't work out rather than being trapped in golden cages like for example Bale was at Madrid. I think they have made quite a few mistakes, and sacking Potter with no plan then bringing in Lampard shows they don't really know what they're doing, but the owners are rich enough that they will take the loss and basically get away with it. They won't 'do a Leeds', basically.
All of what you said is wishful thinking/hope because none of us can guarantee anything. A fire sale of players isn't guaranteed especially at reasonable sell-on prices, nor is any of the players bought turning out to be good investments. The amount of copium and hopium in you comment leads me to assume you're a Chelsea fan, which I understand the myopic bias
@@AyaGumede which of these players bar Cucurella (lukewarm) and Aubameyang are turning out to not be good investments? Badiashile, Enzo, Wesley Fofana have all been great signings. Mudryk has shown that he’ll be great as well, for the price, Koulibaly is a decent option to have. Malo Gusto and Nkunku are on the way. In all honesty, I genuinely believe most EPL clubs should be afraid of what will happen when Chelsea clicks, because trust me, they will. Chelsea literally have the second most talented squad in England behind City, Arsenal are chancers and next season will show that.
@sakhiwomthunzi listen, no one can guarantee anything until those players actually do something. So what have those players done so far besides avoiding relegation for Chelsea? The only thing that matters is performances that gain you results. No Chelsea player in the squad right now have done anything of note besides almost getting you relegated. So please stop with the unfounded statements where you lie to yourselves and be humble and hope that things will work out next season under Poch(who I believe can make Chelsea better)
The problem with Chelsea's academy system is that if youth players know that Chelsea are only developing them to sell them on, lots of the Youth will leave early, because no one wants to be a statistic
I have always thought of myself as a fairly educated person on football and it's commercial aspects in general. However, this channel regularly puts out content that offers a deeper dive into things that a fan of any level can rationalize. Fookin' phenomenal!
Lord Boehly is trying to play Football Manager. He sees all the high rated players, he just hit BUY BUY BUY. I mean, you have a team of high rated players to boost your team score is how you do it right? :P
He hits buy buy buy and then rages, when Chelsea finish 12th in the season not being able to play in Champions League. He is absolutely delusional thinking, that winning in football must be this easy.😂
I think they believe that even if they got punished by FFP regulations, they will be fine as they have done what needed to be done. A transfer ban like before is what they are okay with which shouldn't be the case. So if Chelsea did breach FFP rules, they should be getting a big deduction on points in the league but i don't think corrupt body like English FA will do anything like that .
Good video, but an idea for a future video would be to explore their finances over the next 5 years. We can estimate their amortisation (based on current players) and tv revenue from premiership and wages (based on current wages) etc. Making some assumptions you could show a worst case scenario (finishing mid league and therefore missing out on champions league money, also players sales would be lower as players likely over-valued in this scenario) and a best case scenario (getting back to champions league next season and staying there).
It's good that the owners willing to spend lot of money into the club. But the recruitment strategy feels non-existent. Going for Potter who is (for the lack of better word) mediocre, then buying all young talents instead of buying the necessary players and have a big squad only for some of them not having a locker in training room. It's embarrassing. I really hope the next manager will work hand in hand with the director of football to ensure no money/talents wasted and less embarrassment moments/news. We've been a clown this season
I've been a Chelsea fan my entire life but I can only see this going one of two ways. Either we gain some financial sense and sort ourselves out which includes on the pitch, or we face an absolute crash, relegation and bankruptcy, then potentially extinction and a phoenix resurrection like Rangers etc.
YES, they have! Everyone was having a go at Potter, but why can't people understand spending too much money on too many players IS as harmful as spending no money!
Everyone was having a go at Potter because Potter simply isn't as good of a manager as everyone was making him out to be. Everyone just wanted him to be good since he's English, but De Zerbi and his Chelsea stint exposed the fact his success at Brighton wasn't anything special, as De Zerbi has them playing better football than they did under him and Potter was doing awful before the January spending spree.
@Harry Siddall De Zerbi was having success with Potters team. Brighton were barely staying up under Houghton when Potter took over, he had them playing better football and fighting in the top half. Oh, and you don't know Potter isn't any good. You can't judge him on 5.5 months when his owner bought like 30 new players! Do you think Poch will get more than 5.5 months to fix it? Arteta got 3.5 YEARS before Arsenal looked good. If you judged Arteta on 5.5 months then everyone would say he was useless as well.
I’d be interested to see a video about how Newcastle plans to spend their sheikh money. I was under the impression they’d go on a spending spree sooner.
I think a lot of people were expecting them to, but I believe they actually watched how PSG, Chelsea, and Man city were handled when the big money came in and learned from them. Eddie Howe was a great manager to get that is young and full of potential to unlock by giving him a war chest. He is also very skilled at player development as he took players that were league one/two level and had them survive in the prem for multiple seasons. So it is a great way for him to instantly improve the squad by working with the current squad to maximize player efficiency and see what is most desperately needed to be replaced first, if at all. They definitely watched PSG crash and burn by just chasing the next shiny player, so they picked clever pieces of relatively cheap business that would serve well to build a solid base for now (such as Trippier and Burn). And likely observed how a younger center midfielder could be the crown of the team in De Bruyne so they got Bruno (they are not the same type of player but both vital and the heart of their teams). It also gave Howe time to settle in and prove that he is worthy to go all in on, which he obviously has this season. So they seemed to have made a long term plan with Howe instead of doing the Chelsea turn and burn manager strategy which produces trophies, but can make for turbulent seasons. I expect at least a couple splashes this summer especially if they finish top 4 as they need more depth and quality in certain areas to compete for top 4 again and contend for trophies on multiple fronts.
Everyone said the same thing about Chelsea when the Russians came in. Now the Americans are in its all repeating. You don’t buy a club for 4.5b and own several other sports teams without a plan. The current timeline mirrors that of the baseball team they owned and it includes the seemingly mad spending sprees that turned out to have a point to them. It’s just hate and speculation, none of the bad stuff has actually happened.
could not be more wrong, first off there was no FFP when the Russians came in as you put it. Now there is. does not matter how much of a plan you think the Yanks have their transfer spending shows pretty much they dont have much of a plan. speculation comes nowhere near it. its not speculation that Chelsea have made about £275million in losses the last 2 years. you are only allowed to make losses of £105million over a 3 year period. that means this season chelsea need to make a profit of £170million to make sure they dont break FFP rules. They have zero chance of doing that with the spending that they have done and how much of that spending will be attached to this seasons finances.
Chelsea really need to secure UCL football next season because we all know that they're going to spend a ton of money in this window as well, they need a number 9.
@@frankreynolds9930 alot played poorly under Tuchel, then Potter and now Lampard. If questions can't be asked after poor performances under 3 managers when can you ask that question?
@@Chris-oz9qx Tuchel's tactics were already failing since last season. Potter was at bad time and had too many players to choose from while Lampard is clueless. The real test is from next season where squad is trimmed, newer manager and stable environment.
@@frankreynolds9930 any new manager will take time and I don't believe the players signed are anywhere near good enough (yet, if they ever will). 4th is the VERY best Chelsea can hope for and that's largely because they won't have European football
Remember when Chelsea was sold and everyone thought the spending was going to stop lol. Now they've 'spent too much' lol. This squad will come good with a bit of guidance from the right manager. I can't believe they'll be this bad next season.
Having a rethink on why Chelsea are doing this, I think Boehly is treating it like the stock market and basically gambling that high level footballers will continue to rise in price over the next few years. Top teams now want 2 first team players in every position, Saudi clubs entered the market (which he would have known about early due to business links with Saudi) and each year a new premier league club enters the realms of big money. Supply of good players for these teams will only go down so the prices for average players could go even higher then they are now, Chelsea would make back their money easily if that happens. My theory anyway
It’s some achievement to spend that much money and not be confident that a single one of those signings will be top class. Nice to see that cesspit of a club returning to their true level 👍
"Very real chance of no european football". Actually if they won every remaining game they would still be 1 point behind 7th placed Brighton so it is totally impossible
They have nearly 50 first team players. They’re in a position where they have to sell but for totally the opposite reason of most clubs. No one outside England will pay the silly wages the big clubs do.
You have missed 2 major points in this video: 1. You forget to add that Chelsea will probably sell a lot of the high-wage earners this window and that the wage budget will decrease massively due to the lack of European football. 2. Due to bad transfers and short-termism, our squad was in need of a massive rebuild for a long-term project. so we were always due to sink and do a United and Arsenal and have to develop a new core. By spending all this money on young players, we can develop them to play together and by locking them into long contracts, we can develop them and should they develop well, have high sell on value. It is a high risk strategy by Todd, but essentially he's trying to speed our rebuild from a 5/8 year one to a 2/3 year one.
I think people mentioning the reported "strategy" are just on copium at this point. There's no way sacking a decent manager, replacing him with someone who looked so out of his depth it was comical, sacking him and going back to Lampard and ending in 12th was part of any strategy. I think Todd Boehly just wanted to play IRL fifa, damn the consequences.
It's fine if this works in the long term as part of a three, five or ten year plan, but the Premier League doesn't care about your three, five or ten year plan: it only cares about your next game and unfortunately, Chelsea have had a fair few 'next games' that haven't gone to plan.
Chelsea are going to end up like Everton. I'm saying this as an Everton fan having seen how we've spunked money on average players on high wage contracts for a lot of money. Also in paying off too many managers too. Give it a few years to catch up but they'll find themselves hampered by FFP just like we are currently.
Good video but you forgot to take into account the huge losses as a result of the club being sanctioned? No club store sales e.g. jerseys and also no match day revenue must have really impacted the figures from 21-22.
huge losses? you are talking about just a few million. 21/22 match day revenue for the season was 82 million. still a few million up on the last season before covid 18/19 75.6million
nothing to do with chelsea, your voice should never compete with bg music, turn it down even more, or choose a less sonically dynamic song, i ended up liking the song more than what you were saying
Potter and AVB aside, when has Chelsea's managerial appointment actually been totally wrong? The club definitely made more money due to all the rest of the managers than what they cost, due to the winning record. Sackings like Mourinho's first stint, Ancelotti and Tuchel came at the wrong timing tho.
Nah they clearly haven’t spent enough. Need to pay for the ability to play with 12 men in Boehly’s revolutionary 4-4-3 formation to avoid relegation next season
this is the same strategy that the Dodgers and the New Orleans Saints have done for ages. we are always kinda wary about this, but the success of the clubs speaks for itself. NO was a stupid fake penalty away from going to the Super Bowl and possibly beating the old Patriots. The Dodgers have been perennial winners and won the title during the 2020 pandemic it is a huge risk, but if you follow the numbers you can see what they are doing. these guys have money and are not afraid to use it. the banter about this club is too much, based on what is actually happening with players and their salaries
I LOVE all the chelsea fans who think this isn't a big deal! the only positive news here is you get to keep selling your youth talent away? If this strategy worked, everyone else would be doing it too. the idea that you paid like 100 million for Mudryk who didn't even prove himself in the ukraine league (and 25% of which supposedly went to funding the war which is bad enough except I'm sure it just got embezzled like all the other money being sent there) and then put him on a 8 year deal...
Money doesn't always guarantee success, better to smartly invest in the right players, why did they buy so many attacking midfielders when they need a striker ?
I don't get how impairment works. Write off value? As easy as that? Enzo Fernández is a top level player. I'm worried Chelsea might ruin him, not the other way around.
The amortisation loopholes were always going to bite them back in the future. Imagine them trying to budget transfers in 2029 and still having to account for the Enzo Mudryk etc. amortised costs
That's only the case if they're still at the club in 2029...
In 2029, their revenue would have increased too.
@@frankreynolds9930 If they make it into the champions league it might
It's still too early to tell. How about give them 1 full season??
All clubs will have amortised costs to take into account. As long as they are playing it's not a problem. The risk is if they're not successful and we can't sell.
I get the feeling that the spending of Chelsea was inevitable but the timing of it, is was makes it perilous. They took advantage of other clubs lack of funds especially when you could argue at least 4 of the big clubs required huge overhauls. If I remember correct, Chelsea have qualified for the champions League the most in EPL since 2002. So I think this loss of revenue will hit Chelsea hard in the short term but the chance to offload players to lower positioned teams could help them turn a profit. We'll just have to see...
We have to see.
Enzo is good but will he be worth 150 million good.
Mudryk is good but 100m good?
Even clubs like city have stopped paying huge fees for players n decided to walk away n only pay for players they need like grealish, haaland, rodri, etc.
Noone's gonna buy mudryk for 100m after seeing his score 0 goals mate
They've still got to find a buyer for those players though. I'm struggling to think of a single player who's increased his value in the past 12-18 months. Reece James maybe? Kepa perhaps - but they aren't going to get to close to the money they paid for him.
They either have a bunch of underperforming old players on massive wages that no one wants, or young players with inflated fees who no else can afford.
Their best hope seems to be selling young homegrown players (Mount, Gallagher, Loftus-Cheek, Broja etc) to upwardly mobile PL teams, but how many fans want to see homegrown players sold when the rest of the squad's such a shower?
@@Legnid Enzo is 101mil, Murdryk is 62mil. Well Chelsea are also spending big on absolute necessary signings while overhauling the team.
@@brucemclaren- We can all agree that Mudryk true value isn't €100, Shaktar just to advantage of the inflated forward market and the fact they were playing UCL
Expensive players with 7-year contracts. If these signings don't work, the club is tied because Boehly was playing with the limits of financial fair play rules
Expensive players are better with longer contracts and their wages are less anyway.
@@frankreynolds9930 they’re not worth it if the price paid was inflated. The club will have multiple windows loosing £10’s of millions to the amortised cost of their overspend.
@@samtorr3947 Well Enzo cost the most and he already looks great. 101mil over 8 years is isn't that much. Murdryk is still questionable but 62 mil over 8 years is again not that high. Everyone talks about if they flop, but if they don't then Chelsea save alot.
Chelsea has many problems, these long contracts arent one of them like everyone keeps mentioning.
It’s not a new thing, Arsenal Barca etc have all done similar things with much younger players. It’s just that chelsea went a step further and did it with several players not one or two.
@@samtorr3947 the only people it costs are the owners, books will be fine
Great explainer. People talk about amortisation like it's a cheat code Chelsea has just discovered, rather than a financial lever with its own set of pros and cons.
They're the perfect example of how money can't buy happiness
I'm not interested in buying happiness, but I'd like to be rich enough to rent it for a while.
No their buying happiness for their reivels alright
money might not be able to buy happiness but it can sure rent it for a long time.
Money absolutely can buy happiness
Just not 600 million
You're confusing succes with happiness
I honestly think todd was told it wasn't a draft system and went mad
Todd is typical american stupid investor who thought winning in football is easy and thats why he is paying big time now.😂
With all the money they spent, Chelsea still need to score 1 more goal to equal Erling Haaland’s premier league goals !
We would revisit this comment next season
With all the money utd have spent they still can’t win anything. 😂
@@Ed-zi9ju Chelsea have spent more this season than United did over the last 3 years. United won a carabao cup, and chelsea are in a relegation battle
@@Ed-zi9ju Man United have already won a trophy this season you donkey
@@Ed-zi9juchelshit spent 650 million euros this season and got closer to relegation than to conference league qualification 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Chelsea are doing the equivalent of someone buying a car and they’re still paying it off after 8 years but the car no longer works
I still can't get over how badly Todd Boehly has screwed this up. Everyone now knows Chelsea need to sell to balance the books so will look to get players on the cheap (although the better ones may create a bidding war).
Also, their best players are still the ones from the pre-Boelhy era, but those players have less time on their contracts so will be easier to sell.
Some of the new players are on such collosal contracts that they'd struggle to give them away for free. Raheem Sterling for example is on a reported £325,000 year, on a 5 year deal, that's also £80m (less now as 9 months have lapsed). Who in their right mind would pay off that contract, even if it were to take him for free!?!?
I don't know how Boehly has been this clumsy, he must be an astute businessman to be a billionaire in the first place. Baffling.
Arrogance and naivety are a dangerous combination. Especially with a lot of money involved.
It’s definitely possible to be both a billionaire and an idiot. Especially in Sports, it’s astonishing how many franchises in the US are seemingly run in the dumbest way possible
@@BGeezy4sheezy I get the impression with Boehly that it's more arrogance than idiocy. Coming in and getting rid of all the staff who had been at the club for years and knew the game, then essentially making himself sporting director thinking he knows best.
Backfired massively!
Roman was part of the problem
Chelsea been on a downward slide since 2017
Love it
American logic - if you are rich you must be clever and therefore always rights. Idiot.
The answer is yes. A world in which €611.5 million is NOT, under all circumstances, too much for a football club to spend is a dark timeline indeed.
Post-Abramovich Chelsea are moving slowly but surely towards Pre-Abramovich Chelsea.
Happy days.
Good one :D :D
An important note to make is for Chelsea will receive an extra loss allowance for when the club was sanctioned, same way clubs received special COVID allowances. This coupled with a mass fire sale will generate some revenue. In addition several players are already looking like they are worth the money I.e badiashile while the rest except cucurella the jury is still out
Also the players they have signed recently are on relatively low wages by prem big club standards, so they can potentially be sold if things don't work out rather than being trapped in golden cages like for example Bale was at Madrid. I think they have made quite a few mistakes, and sacking Potter with no plan then bringing in Lampard shows they don't really know what they're doing, but the owners are rich enough that they will take the loss and basically get away with it. They won't 'do a Leeds', basically.
All of what you said is wishful thinking/hope because none of us can guarantee anything. A fire sale of players isn't guaranteed especially at reasonable sell-on prices, nor is any of the players bought turning out to be good investments. The amount of copium and hopium in you comment leads me to assume you're a Chelsea fan, which I understand the myopic bias
@@AyaGumede which of these players bar Cucurella (lukewarm) and Aubameyang are turning out to not be good investments? Badiashile, Enzo, Wesley Fofana have all been great signings. Mudryk has shown that he’ll be great as well, for the price, Koulibaly is a decent option to have. Malo Gusto and Nkunku are on the way.
In all honesty, I genuinely believe most EPL clubs should be afraid of what will happen when Chelsea clicks, because trust me, they will. Chelsea literally have the second most talented squad in England behind City, Arsenal are chancers and next season will show that.
@@sakhiwomthunzi they might be good players but you can’t justify the 7 or 8 year contracts
@sakhiwomthunzi listen, no one can guarantee anything until those players actually do something. So what have those players done so far besides avoiding relegation for Chelsea? The only thing that matters is performances that gain you results. No Chelsea player in the squad right now have done anything of note besides almost getting you relegated.
So please stop with the unfounded statements where you lie to yourselves and be humble and hope that things will work out next season under Poch(who I believe can make Chelsea better)
The problem with Chelsea's academy system is that if youth players know that Chelsea are only developing them to sell them on, lots of the Youth will leave early, because no one wants to be a statistic
It's given for top club. Lots of good players come out every year, they all can't get to team.
@@frankreynolds9930 but in London there are a lot of teams that would be easier to get into, such as Brentford, Wimbledon, QPR or Fulham.
@@maherhamadouch2005 Chelsea has better facilities, provide better wages, exposures, education, trainings. They can always leave after 18.
Becoming a professional footballer is tough enough, I can't see them caring if they're used to sell on, as long as they make it professionally.
@@George-bi8sj what are you on? Of course they'll care
Football player: *exists*
Todd Bohely: you’re hired
I have always thought of myself as a fairly educated person on football and it's commercial aspects in general. However, this channel regularly puts out content that offers a deeper dive into things that a fan of any level can rationalize. Fookin' phenomenal!
Lord Boehly is trying to play Football Manager. He sees all the high rated players, he just hit BUY BUY BUY. I mean, you have a team of high rated players to boost your team score is how you do it right? :P
He hits buy buy buy and then rages, when Chelsea finish 12th in the season not being able to play in Champions League. He is absolutely delusional thinking, that winning in football must be this easy.😂
"too much money ain't enough money" - Lil Wayne, I'M ON ONE (2011).
2:26 "divoiding" - J. O'Devine
Simply put, Bayern is the club that has been the example of great management without selling the soul of the club
Best football news reporting here. Keep up the good work.
I think they believe that even if they got punished by FFP regulations, they will be fine as they have done what needed to be done. A transfer ban like before is what they are okay with which shouldn't be the case. So if Chelsea did breach FFP rules, they should be getting a big deduction on points in the league but i don't think corrupt body like English FA will do anything like that .
Good video, but an idea for a future video would be to explore their finances over the next 5 years. We can estimate their amortisation (based on current players) and tv revenue from premiership and wages (based on current wages) etc. Making some assumptions you could show a worst case scenario (finishing mid league and therefore missing out on champions league money, also players sales would be lower as players likely over-valued in this scenario) and a best case scenario (getting back to champions league next season and staying there).
You can't possibly predict due to CL rights (if they even qualify) changing and PL new TV deal
It's good that the owners willing to spend lot of money into the club. But the recruitment strategy feels non-existent. Going for Potter who is (for the lack of better word) mediocre, then buying all young talents instead of buying the necessary players and have a big squad only for some of them not having a locker in training room. It's embarrassing. I really hope the next manager will work hand in hand with the director of football to ensure no money/talents wasted and less embarrassment moments/news. We've been a clown this season
I've been a Chelsea fan my entire life but I can only see this going one of two ways. Either we gain some financial sense and sort ourselves out which includes on the pitch, or we face an absolute crash, relegation and bankruptcy, then potentially extinction and a phoenix resurrection like Rangers etc.
Your entire life?
That’s from the moment you were born (though some people might say from the moment of conception) :)
The footballing knowledge of this channel blows my mind.
YES, they have!
Everyone was having a go at Potter, but why can't people understand spending too much money on too many players IS as harmful as spending no money!
Everyone was having a go at Potter because Potter simply isn't as good of a manager as everyone was making him out to be. Everyone just wanted him to be good since he's English, but De Zerbi and his Chelsea stint exposed the fact his success at Brighton wasn't anything special, as De Zerbi has them playing better football than they did under him and Potter was doing awful before the January spending spree.
@Harry Siddall De Zerbi was having success with Potters team.
Brighton were barely staying up under Houghton when Potter took over, he had them playing better football and fighting in the top half.
Oh, and you don't know Potter isn't any good. You can't judge him on 5.5 months when his owner bought like 30 new players!
Do you think Poch will get more than 5.5 months to fix it?
Arteta got 3.5 YEARS before Arsenal looked good. If you judged Arteta on 5.5 months then everyone would say he was useless as well.
My fav football channel, the way this guy talks 10/10
Unrelated but I find your music and narration the most relaxing thing on the internet. I do also find your videos interesting, don't worry !
I’d be interested to see a video about how Newcastle plans to spend their sheikh money. I was under the impression they’d go on a spending spree sooner.
I think a lot of people were expecting them to, but I believe they actually watched how PSG, Chelsea, and Man city were handled when the big money came in and learned from them. Eddie Howe was a great manager to get that is young and full of potential to unlock by giving him a war chest. He is also very skilled at player development as he took players that were league one/two level and had them survive in the prem for multiple seasons. So it is a great way for him to instantly improve the squad by working with the current squad to maximize player efficiency and see what is most desperately needed to be replaced first, if at all. They definitely watched PSG crash and burn by just chasing the next shiny player, so they picked clever pieces of relatively cheap business that would serve well to build a solid base for now (such as Trippier and Burn). And likely observed how a younger center midfielder could be the crown of the team in De Bruyne so they got Bruno (they are not the same type of player but both vital and the heart of their teams). It also gave Howe time to settle in and prove that he is worthy to go all in on, which he obviously has this season. So they seemed to have made a long term plan with Howe instead of doing the Chelsea turn and burn manager strategy which produces trophies, but can make for turbulent seasons. I expect at least a couple splashes this summer especially if they finish top 4 as they need more depth and quality in certain areas to compete for top 4 again and contend for trophies on multiple fronts.
Relegation. Let’s go!
That's mathematical impossible already just as its impossible to finish top 4.
You Guys are the Best,Appreciate the video and Your hard work
Everyone said the same thing about Chelsea when the Russians came in. Now the Americans are in its all repeating. You don’t buy a club for 4.5b and own several other sports teams without a plan. The current timeline mirrors that of the baseball team they owned and it includes the seemingly mad spending sprees that turned out to have a point to them. It’s just hate and speculation, none of the bad stuff has actually happened.
could not be more wrong, first off there was no FFP when the Russians came in as you put it. Now there is. does not matter how much of a plan you think the Yanks have their transfer spending shows pretty much they dont have much of a plan. speculation comes nowhere near it. its not speculation that Chelsea have made about £275million in losses the last 2 years. you are only allowed to make losses of £105million over a 3 year period. that means this season chelsea need to make a profit of £170million to make sure they dont break FFP rules. They have zero chance of doing that with the spending that they have done and how much of that spending will be attached to this seasons finances.
Yes. Thanks for coming.
5:13 'an onimous future'?
Like always well detailed video with facts and figures..
Chelsea really need to secure UCL football next season because we all know that they're going to spend a ton of money in this window as well, they need a number 9.
A rebuild was needed fast because we couldn't do much in the summer because they are out of Europe
Chelsea are out of Europe because they've signed average players
@@Chris-oz9qx Hardly average players. More like average manager.
@@frankreynolds9930 alot played poorly under Tuchel, then Potter and now Lampard. If questions can't be asked after poor performances under 3 managers when can you ask that question?
@@Chris-oz9qx Tuchel's tactics were already failing since last season. Potter was at bad time and had too many players to choose from while Lampard is clueless.
The real test is from next season where squad is trimmed, newer manager and stable environment.
@@frankreynolds9930 any new manager will take time and I don't believe the players signed are anywhere near good enough (yet, if they ever will). 4th is the VERY best Chelsea can hope for and that's largely because they won't have European football
The music for this is so good
I knew I had seen this before but looked at the title and the date and CRIED laughing. You MUST revisit this now....
Remember when Chelsea was sold and everyone thought the spending was going to stop lol. Now they've 'spent too much' lol.
This squad will come good with a bit of guidance from the right manager. I can't believe they'll be this bad next season.
Looking forward to the next session
Their buying is like going to the grocery store with a shopping list and buying random products and hope it all blends together.
Long answer:They spend too much and they should really start trusting in the youth
Short answer: Yes
The youth 🤨 yeah sure bring more mediocre mounts that would make Chelsea a real football team again
@@haimainjauo242 "Mediocre Mounts" Yeah, Mount needs to leave because you guys clearly don't deserve him
@@haimainjauo242 callagher mediocre too??
Having a rethink on why Chelsea are doing this, I think Boehly is treating it like the stock market and basically gambling that high level footballers will continue to rise in price over the next few years. Top teams now want 2 first team players in every position, Saudi clubs entered the market (which he would have known about early due to business links with Saudi) and each year a new premier league club enters the realms of big money. Supply of good players for these teams will only go down so the prices for average players could go even higher then they are now, Chelsea would make back their money easily if that happens. My theory anyway
It’s some achievement to spend that much money and not be confident that a single one of those signings will be top class. Nice to see that cesspit of a club returning to their true level 👍
so quick it feels illegal
Great one. Nice information..
Do a video on financially healthy football clubs in Europe ❤
I hope they double down and sign 22 players in the regular transfer window, then 44 in the summer window.
This video needs a part 2 cuz the spending has gone off the rails
Todd has the money and that’s it , is he good at spending at? Yes Is he good at knowing what to spend it on? No
After 1 yr you made that determination? He bought the best young prospects not ready made players
Fraud Lert
the problem that he bring only scouters in the board while we really need an professional experienced administrative employee and a real CEO
"Very real chance of no european football". Actually if they won every remaining game they would still be 1 point behind 7th placed Brighton so it is totally impossible
The fact of the matter is that you will only know if they have when you see the pieces of the picture come together.
Great reporting 👍👍👍
It's frustrating that Todd wants to do a good job and cares, he just doesn't know what he's doing and could end up running our club into the ground
I would love to be a doctor but I’m not smart enough. I don’t put on a jacket and pretend to be one.
Can’t believe Potter was paid higher than Tuchel
Best football news reporting here👍
They have nearly 50 first team players. They’re in a position where they have to sell but for totally the opposite reason of most clubs. No one outside England will pay the silly wages the big clubs do.
If players want to play, they will take paycut. And actually, lots of players has already gotten offers so its wont be that bad.
Looking forward to the next season
Excellent video and content
You have missed 2 major points in this video:
1. You forget to add that Chelsea will probably sell a lot of the high-wage earners this window and that the wage budget will decrease massively due to the lack of European football.
2. Due to bad transfers and short-termism, our squad was in need of a massive rebuild for a long-term project. so we were always due to sink and do a United and Arsenal and have to develop a new core. By spending all this money on young players, we can develop them to play together and by locking them into long contracts, we can develop them and should they develop well, have high sell on value.
It is a high risk strategy by Todd, but essentially he's trying to speed our rebuild from a 5/8 year one to a 2/3 year one.
and you're right
I think people mentioning the reported "strategy" are just on copium at this point. There's no way sacking a decent manager, replacing him with someone who looked so out of his depth it was comical, sacking him and going back to Lampard and ending in 12th was part of any strategy. I think Todd Boehly just wanted to play IRL fifa, damn the consequences.
5:13 "an onimous future" lol
Please make a video on possible Chelsea player sales.
Should also add the clauses in the new signings contracts that their wages are reduced as we didnt get top 4
It's fine if this works in the long term as part of a three, five or ten year plan, but the Premier League doesn't care about your three, five or ten year plan: it only cares about your next game and unfortunately, Chelsea have had a fair few 'next games' that haven't gone to plan.
Chelsea are going to end up like Everton. I'm saying this as an Everton fan having seen how we've spunked money on average players on high wage contracts for a lot of money. Also in paying off too many managers too.
Give it a few years to catch up but they'll find themselves hampered by FFP just like we are currently.
Good video but you forgot to take into account the huge losses as a result of the club being sanctioned? No club store sales e.g. jerseys and also no match day revenue must have really impacted the figures from 21-22.
huge losses? you are talking about just a few million. 21/22 match day revenue for the season was 82 million. still a few million up on the last season before covid 18/19 75.6million
Please do something about the coaching of Herve Renard
nothing to do with chelsea, your voice should never compete with bg music, turn it down even more, or choose a less sonically dynamic song, i ended up liking the song more than what you were saying
When has Chelsea’s managerial appointments ever been right?
Mourinho, Conte, Tuchel, Di Matteo?
Potter and AVB aside, when has Chelsea's managerial appointment actually been totally wrong? The club definitely made more money due to all the rest of the managers than what they cost, due to the winning record.
Sackings like Mourinho's first stint, Ancelotti and Tuchel came at the wrong timing tho.
@@glimpsepandey3174 You can add Scolari to that list.
@@roohdarX fair
Nice video thanks for sharing
I honestly think todd was told it wasn't draft system and went mad
Just announced season ticket freeze for next season too.
Great explainer of the sports
Great explainer
4:04 Stoke city wasn’t / still isn’t in the premier league at this point
Nah they clearly haven’t spent enough. Need to pay for the ability to play with 12 men in Boehly’s revolutionary 4-4-3 formation to avoid relegation next season
Great vid ❤
this is the same strategy that the Dodgers and the New Orleans Saints have done for ages. we are always kinda wary about this, but the success of the clubs speaks for itself. NO was a stupid fake penalty away from going to the Super Bowl and possibly beating the old Patriots. The Dodgers have been perennial winners and won the title during the 2020 pandemic
it is a huge risk, but if you follow the numbers you can see what they are doing. these guys have money and are not afraid to use it. the banter about this club is too much, based on what is actually happening with players and their salaries
Difference is the saints best player played to he was 40 at a very high level where as Chelsea will be playing these lads to they are 40😂.
What would cause impairments ?
reducing in the players performance on the pitch ?
managerial decision to offset revenue ?
Love you, Tifo.
Graham Potter deal worked out well...
Rival fans when Boehly pumps 600 mil quid in 1 season : 🤩🥰😇
Rival fans when Sheikh pumps 600 mil quid in 6 seasons : 🤬🤬🤬
I LOVE all the chelsea fans who think this isn't a big deal! the only positive news here is you get to keep selling your youth talent away? If this strategy worked, everyone else would be doing it too. the idea that you paid like 100 million for Mudryk who didn't even prove himself in the ukraine league (and 25% of which supposedly went to funding the war which is bad enough except I'm sure it just got embezzled like all the other money being sent there) and then put him on a 8 year deal...
It's like they saw Barcelona during Bartomeu's era and immediately thought "That man is legend for managing the club, Let's steal and copy him.."
Yes
I don't even need to watch the vid...yes..
Money doesn't always guarantee success, better to smartly invest in the right players, why did they buy so many attacking midfielders when they need a striker ?
Nice information
If a team breaks uefa FFP they should receive the lowest proportion of TV money in subsequent years
Just imagine what liverpool, bayern would do what that money. Insane that they still dont have a proper striker
I don't get how impairment works. Write off value? As easy as that?
Enzo Fernández is a top level player. I'm worried Chelsea might ruin him, not the other way around.
as a Chelsea fan I do not like Mudryk, he has shown zero promise and no results to back up his massive price tag
He's a genius. Providing lots of funny for a neutral.
American owners are the killers of any football club. Chelsea took one massive L here.
Hardly, they have put even more structure for long term project than Roman ever did. 1st year of their ownership turned bad doesnt mean much.
They made a pre season after january as long they had been in competitions.its not easy and cleaver.
Do a video on Newcastle United
Finally the 600M spend paid off. They are save from relegation!!! 🎉
Just 1 of just the clubs from just London that just spends more than just the whole league of one of Europe's biggest economies.
Just... absurd.