The bottom line of this has been that RA has pumped in 1.5 Billion pounds in 17 years. That's £1,500,000,000 ( just so you can see that 0's) or £88,235,294 a year. The guys in this podcast have said that Chelsea receives cash injections by the owner to maintain and exceed the financial disadvantage that it would have without RA. Chelsea doesn't generate the money it needs to operate at the level it has done for the last 17 years. The reason why a "consortium" is being discussed, more often than not is that there is no 1 individual that wants to spend 2-3 billion and then another 1-2 billion for a new stadium to allow Chelsea to compete financially. Not a lot of billionaires want to spend 2-3 billion on a acquisition and a further £88 million a year to maintain that acquisition . Chelsea had it good for the last 17 years....very good. A lot of Chelsea fans want to ignore the financials of Chelsea's situation because they haven't had to worry about the financial implications for Chelsea in the last 17 years. It's like getting pocket money as a kid, not worrying how that money comes but knowing that it will always be there. Then adulthood comes and you have to get a job and pay taxes. We will see what happens when the dust settles, I'm just no so optimistic that there will be another RA. If new owners come in and do half of what RA did then that would be a win for Chelsea, I doubt that they would keep the status quo though
These numbers are either wrong or misleading. First, he spent 19 years as owner of Chelsea, not 17. Second, and more obvious when talking about the financial situation, those numbers are front loaded. Chelsea doesn't get £80MM/year. Last year, it was £22MM, in part because of crowd restrictions early in the season.
@Mannie303 A lot of opinion and not many facts. Modern football is inherently unprofitable. A large amount of RA/owner wealth is transferred to the players. There is also the matter of how clubs are structured. If RA owns the club, he owns the 25-man squad. If the average value of each player is £40m, the squad alone is worth £1bn. Clearly Chelsea doesn't want to sell its entire squad, but this shows where £1bn of RA's £1.5bn is 'in' the club, where the balance sheet stars to balance. The other £500m is also easy to trace. Let's say Lampard spent 10 years earning roughly £100k/week - that's £52m on one player! Half of which goes to HMRC.
Won't happen. "Allies" doing exactly the same thing, or worse, is seemingly completely okay. If things were consistent then, Saudi Arabia, Israel, UK, and America would all be under sanctions.
I knew Abramovich bankrolled the club, but I was shocked to find out the extent Roman's own money was pumped into the club. That club is definitely not self sustaining. Without a new buyer, Chelsea will go into administration in a matter of weeks. And to make it worse, the stadium is old and rebuild will cost billions more. What a f*cking mess.
As a Arsenal fan i knew how much Abramovich has pumped into Chelsea, the worry for you guys and girls is the player wages every season Abramovich has been covering this season after season while Stamford Bridge doesn't earn enough to cover the costs...Chelsea owed over 1.5 billion to Abramovich basically he's been a sugar daddy.
the mess began the minute we allowed for a russian mobster to buy the club. He should have never been allowed a license. WHY NOW!?!? BECAUSE HE STARTED AN INTERNATIONAL AUCTION/BIDDING WAR IN PUBLIC FOR A CLUB HE COULD HAVE SOLD TWO WEEKS AGO SWIFTLY!
Well that’s what you get when you rely on your owner (with a bit of a shady past ) to fork over money. Which is why I was glad when Lampard came in, he wanted to implement more academy graduates which keep the cost down a lot than just recklessly buying players which money you don’t have (Abramovich paid the money, not Chelsea) That’s a lot more sustainable than what most in the PL have done
I mean under these restrictions who wouldn’t struggle? At some point you’re gonna run out of money. We are not talking about taking away Romans money, we are talking about hurting the day to day running of the club too.
When the new owner comes in, which is most likely, Chelsea will have to compete now on a level playing ground and will be similar to Spurs and Arsenal but just a few years behind in terms of infrastructure and painful squad restructure.
@@jejmoss11 Yes, but you do understand winning champions league wasn’t possible without Abramovich bankrolling the club? The club constantly runs at a loss and when a Private Equity firm buys Chelsea they will want the club to be profitable (such is the nature of PE Firms). So the club will have to have a more sustainable business model and will actually have to play the game without cheat codes.
@@jejmoss11 didnt know winning a trophy magically solves all your financial and squad problems, if Spurs won the Champions League when they got to the final would they magically be a world class team right now with the exact same ownership structure?
So pleased to see Chelsea fans covering this, for all the schadenfreude from other supporters many of us who are Chelsea supporters have supported them for decades and will continue to do so after Roman, but are worried whether we'll even exist. Even some of the Athletic's coverage (Pitt Brooke) screams of partisan resentment and inconsistency.
Your club will exist, of course, but the Chelsea you knew for the last 20 years is gone for good. I agree that Pitt Brooke is a shrill. He's a City fan.
@@BinkyTheGoddessDivineAs long we still exist I don't care. It's a dream everything we've won, but my favourite team is probably the early 2000s team (not that they were put together for free!). I must admit I didn't know that about that journalist, that does make his editorial position clearer. Given their associations and activities his righteous indignation looks worse now.
@@wizardaka One issue nobody is speaking about: why didn't Abramovich sell the club when he knew that Putin had intentions of invading Ukraine? He's a rich guy who has armies of accountants, financiers and lawyers advising him and "forecasting" about everything, they're basically paid to predict every outcome good, bad and ugly. We ALL knew an all out invasion was going to trigger the West to lash out at everything Russian, and the oligarchs were gonna front and center on that mess. Unless he thought that buying Chelsea gave him some kind of insurance/protection against that, as some people have said years ago.
Not gonna lie...this debacle has put a massive smile on my face. Chelsea fans were warned about RA on day one and the bubble has finally burst. RIP Chelski.
BS he has done nothing wrong. U.K government are hypocrites. Think weapons of mass destruction lies to justify a 20yr illegal war in the middle-east and the invasion of their nations.
@@MetalGearTenno watch this, he is not a very nice guy and has only ever endorsed putin and previously yeltsin th-cam.com/video/6HevVmorHGg/w-d-xo.html
Chelsea owe Abramovitch £1.5 billion, what he should have done - instead of writing it off - is convert that debt to equity (51%) and then given it to the fans in the form of a foundation. That foundation can either allocate non dividend paying shares to season ticket holders or invite fans to buy these non-dividend paying shares. He should then accept the governments offer (it requires his permission) to sell the remaining 49% to any bidder. The buyer would have to be approved by fans. And because the foundation shares won't pay dividends, the accumulated dividends would act as a means of preventing share dilution. Should the new owner fail, the fans would be able to remove him. Also the goodwill - from the fans, would allow Abramovitch to return at some future date.
Chelsea fans now waking up after 17 years of having a sugar daddy.....lol...No they don't have massive cash reserves, Nike the 900m deal sponsorship are pulling out so is Three the main sponsor their all pulling away the mess which is Chelsea football club.
That logic can literally apply to any of the sanctions - and then the point is, we should recognise that all sanctions are useless and ineffective (and always have been)
Prohibiting fans from buying the kit will stop generating revenue for a corrupt oligarch's asset, that's the point of the sanctions not to make chelsea fans victims. You're not that important
Given how long it took the Govt to implement the sanctions on RA, I don’t see why the operating license was so restrictive. They had enough time to design a mechanism whereby RA was isolated from Chelsea’s finances whilst the club was still able to operate as normal.
@@spurge83 It’s nothing to do with whether they run a loss. The license restricts most forms of income therefore how can they be expected to cover operating costs? Any club would struggle.
I see quite a lot of people saying ''when the new owner comes in, it will be fine''. This makes me wonder, how quickly could we expect the club to be sold? We already know theres various interested parties, but how long does it actually take to finalise a sale?
@@JackJarvis321 Personally I dont think the situation in Ukraine matters too much in this case. The UK government will probably want Chelsea sold as soon as possible, so long as they have a guarentee that the money of the sale doesn't go to Abramovich. So it might just be a matter of how quickly a bid will be accepted and the paperwork be completed.
@@stain4128 that’s correct, he has no say. His actions have consequences. He’s already said he won’t take any profit from the sale. The government is just now holding him to that.
The hypocrisy of this situation is that the decision to approve ownership of a British club to a Russia oligarch was taken by the UK Government and Premier League as a part of their standard procedures in 2003. They have had 17 years to step in and assess his relationship with Putin, yet they sanction him in a way that is dismantling the clubs ability to operate at the business end of the season. To deny fans access to the games is punishing us, not Abramovich! Why not let fans in for free or have them donate their ticket funds to a Ukraine Victims Fund? The coaches and the players aren't in favor of supporting Putin's intent to invade Ukraine so why not simply appoint a government CEO and continue operations? Why not appoint a financial auditor to ensure no money is paid out to other than those agreed by the sanctions? There are LOTS of options here but clearly, the UK Government isn't thinking clearly.
@@Peacock__ How about the hypocrisy of the UKs sanctions on anything Russia related because they have invaded Ukraine. Right after an illegal 20yr war and invasions in the middle-east based on lies of weapons of mass destruction by the U.K and U.S.A governments. This is beyond hypocritical. And these sanctions are accomplishing nothing in stopping Russia either.
@@MetalGearTenno i literally could not give a single fuck whether it is hypocritical or not. That doesn't change whether their actions are correct or not. Pointing out that something is hypocritical in this situation literally means nothing. Its an entirely seperate conversation. Sanctions are a long term thing. Expecting the war to just suddenly stop because they have been sanctioned is stupid. However, it does serve to weaken Russia's economy to make it harder for them to invade other countries and sustain their military, weakens them in the global stage and weakens their power as their economy is pretty reliant on oil. This can help to destabilise the regime. The sanctions on the oiligarchs can help influence Putin as part of the point of the regime is the embellish the few in power with the riches (eg Putin and the oiligarchs). If you take away the Oiligarchs money, they may become frustrated with the regime and push for change or attempt to influence Putin. They have assets in other countries because they know how unreliable Russia as a country, administration and economy is.
@@Peacock__ If you honestly think sanctions on Russia will weaken Russia then it is not surprising that you dont give a flying f*ck because you're clearly to ignorant on how sanctions work and their effect on Russia's economy. Considering the West has been sanctioning Russia for the past 30yrs since the collapse of the Soviet union, this is nothing new for Putin to deal with. Putin has also been building a self-sufficient Russian economy for the last 20yrs so your little ignorant rant is completely irrelevant. And the hypocrisy of the U.K does mean something. As does the UK government and our propaganda media's censorship and blatant lies of what is really going on in Ukraine. The civil war between the west and east of Ukraine for the past 8yrs caused by the Obama administrations regime change in Ukraine in 2014. NATOS eastward expansion into Ukraine which has caused this conflict. Even after NATO signed a treaty in 1994 with Russia agreeing not to expand into Ukraine and invoking article 5 to include Ukraine into NATO. The Neo-Nazi military running rampant in Ukraine. President Zelenskyy of Ukraine is a puppet president installed by the U.S government. Eight of the U.S top level 4 Bio-labs found in Ukraine, Bio-weapons have been discovered by Russian forces. Years of the West deliberately provoking Russia and our medias anti-Russian cold war rhetoric propaganda. U.K, U.S.A and the EU shipments of military equipment and weapons into Ukraine for several months leading upto the Russian invasion into Ukraine. How did they know to do that? 🤔 Joe Biden and his useless junkie son Hunter Bidens business involvement in Ukraine. Russia has been providing aid and opening corridors for Ukrainians to seek refuge from conflict. But dont let all of these current and background facts get in the way of your emotional hissy fit response to this conflict because you lack the intellect and emotional maturity and intelligence to comprehend what is really going on without the MSM telling you how to think and feel about it. Go and rustle your feathers elsewhere peacock.
And I thought the F.A. or premier league had a duty of care to ensure club owners were upstanding squeaky clean before assuming control of a club.Maybe the powers that be need to reconsider what qualifies as "fit and proper"
I would expect the license will have to be changed to allow the club to access what it earns to enable it to at least try to keep running. But it might be players will have to start deferring wages and bonuses until club sold.
Hey guys, @12:10 you say not a penny must go back to abramovich. but honestly, the asset is his. so is it the fine point that nothing can go back to him now? can he be paid back later for the sale of the club he OWNS based on political circumstances(assuming a peaceful resolution to the global conflicts)
None of the journalists actually care about right or wrong. They're just going along with the anti-Russian narrative regardless of if people are being wronged or not.
@@johnheckles8239 You seem to have missed the point. Criticising war and the Russian government is fine. Going after Russians and Russian businesses that had nothing to do with the decision to go to war is borderline bigoted. Then we have the obvious double standards at play here.
@@46.56.A. No government can be trusted to do what’s right.. But there’s fkn limits pal.. What’s gone on over there is genocide.. Plain and simple.. Putin is a madman.. I have no issue with Russian people.. Iv met plenty and count some as friends.. They also think Putin is a c@@t 🤷🏻♂️😂
The Academy has cost Millions. But players from the Academy have been sold for Millions and some are worth millions in the first team. Roman pumping 1.5 Billion into Chelsea has give the club a value of 2b 3b when he paid out hust 140m in 2003. Had Roman sold before the Sanction gets back his 140b and 1.5b with a profit.
Vitesse Arnhem and Chelsea are now in the same situation! Vitesse and Chelsea are like Brother and sister now... We as supporters must stand beside each other now as never before!!!!!!!
Who in their right mind would believe that a person can just walk away from £1,500,000,000.00 without a fight, now or later? Abromovic is just watching domino's fall.
He's a Russian oligarch. Dirty money, he could probably care less about 1.5 billion. The reality is we don't really know what these people's real net worth is as well how deep are they linked with the Kremlin. They buy $100 million + yachts like it's candy. Their annual income cash must be sstronomic.
These sanctions on Roman for being Russian or for knowing Putin are harsh. Don't know how it can be argued otherwise. With that being said, Israel should've been sanctioned for their treatment of Palestine and that should've meant Roman getting sanctioned for funding illegal settlements in Palestine. So while the reason he's actually getting sanctioned is unfair, at least he's getting his punishment for his actual crimes.
Are you seriously boiling down acquiring billions of dollars from previously nationalised industries, that were bought for way below the market rate, due to loyalty to the Russian state through all their authoritarianism, corruption, and human rights abuses for decades, to Putin being Abramovich's mate?
@@saltyegges5957 He's not being sanctioned for any of that is he though? If that was the case, it'd happen long ago. All of this is because he's Russian. If he was any other nationality right now, he'd be left alone.
@@46.56.A. He is being sanctioned precisely because of his ties to putin and previously yeltsin, the UK government has just been forced to act because of bad press, they just didn't care before and the tories have historically benefited from russian donations. It seems like every single rich russian is sanctioned because they didn't exist until the fall of the USSR, so they all made their fortunes in similar corrupt ways from Yeltsin's government.
@@46.56.A. no, he’s being sanctioned because oligarchs are an important part of Putin’s regime. They keep him in power. That’s what he’s being sanctioned for. And he’s richly earned it.
I am so bloody happy I hope Chelsea crash so bad, never been able to stand the fans, and some players don't know anybody behind the scenes and don't care Chelsea your years of smug Ness do you know who is laughing today Phillipe senderos
Good. The chavs have cheated and bought all their titles. The women’s team exactly the same. They deserve everything that’s coming to them. Youth players’ parents have been bought, Emma Hayes was bought, she’s a gooner ffs. Cashley was a gooner that never would have left if it wasn’t for roman. If you sign a deal with the devil and all that. You’ll get no pity from me or anyone else who’s not a chav. You’re now gonna have to operate like normal clubs, boohoo 😢.
@@46.56.A. they could've attempted to buy him even without all of this happening. Is the question actually meant to be: "if Southampton are still able to buy him" / "are Southampton no longer able to buy him?" As both of ur questions don't make much sense
The knee jerk decision is already impacting people's life. Kudos to Labour MPs and UK leadership since you think getting in the wagon is the best solutions! Utter rubbish! Not even a Chelsea or a football fan here saying this. Nobody wants war and it is wrong what's happening in Ukraine. This circus of sanctioning is a pure Joke!!! It is your neighbour, friend and family are the ones suffering due to the politicians need of 15 minutes fame. Well done! Hopefully, Chelsea survives.
Celtic fan, Kick them down to the bottom tier of English football as what happened to that other crooked club north of the border, and any other club who has a crooked owner pumping blood money into it. Football has been ruined by this for far too long, it is a sad day when a club the size of Celtic cant compete in the transfer market with championship clubs never mind the EPL. UEFA champions league is also rotten to the core. Hopefully some time soon we will see a breakaway from these corrupt organisation and give football back to the man in the street.
There's not much needed for a trial if theres mountains of evidence showing Roman is a Putin puppet. He can try to take the govt to court but they'd never win which is why it hasn't even been discussed
The bottom line of this has been that RA has pumped in 1.5 Billion pounds in 17 years. That's £1,500,000,000 ( just so you can see that 0's) or £88,235,294 a year. The guys in this podcast have said that Chelsea receives cash injections by the owner to maintain and exceed the financial disadvantage that it would have without RA.
Chelsea doesn't generate the money it needs to operate at the level it has done for the last 17 years. The reason why a "consortium" is being discussed, more often than not is that there is no 1 individual that wants to spend 2-3 billion and then another 1-2 billion for a new stadium to allow Chelsea to compete financially. Not a lot of billionaires want to spend 2-3 billion on a acquisition and a further £88 million a year to maintain that acquisition . Chelsea had it good for the last 17 years....very good.
A lot of Chelsea fans want to ignore the financials of Chelsea's situation because they haven't had to worry about the financial implications for Chelsea in the last 17 years. It's like getting pocket money as a kid, not worrying how that money comes but knowing that it will always be there. Then adulthood comes and you have to get a job and pay taxes.
We will see what happens when the dust settles, I'm just no so optimistic that there will be another RA. If new owners come in and do half of what RA did then that would be a win for Chelsea, I doubt that they would keep the status quo though
These numbers are either wrong or misleading. First, he spent 19 years as owner of Chelsea, not 17. Second, and more obvious when talking about the financial situation, those numbers are front loaded. Chelsea doesn't get £80MM/year. Last year, it was £22MM, in part because of crowd restrictions early in the season.
@Mannie303 A lot of opinion and not many facts.
Modern football is inherently unprofitable. A large amount of RA/owner wealth is transferred to the players.
There is also the matter of how clubs are structured. If RA owns the club, he owns the 25-man squad. If the average value of each player is £40m, the squad alone is worth £1bn.
Clearly Chelsea doesn't want to sell its entire squad, but this shows where £1bn of RA's £1.5bn is 'in' the club, where the balance sheet stars to balance.
The other £500m is also easy to trace. Let's say Lampard spent 10 years earning roughly £100k/week - that's £52m on one player! Half of which goes to HMRC.
We should pay the same attention to the Saudis war in Yemen, death toll currently at 233,000. The double standard stinks
The Liverpool ownership supporting Palestine v Israel as well.
And the US selling the Saudis their cluster bombs ...
Won't happen. "Allies" doing exactly the same thing, or worse, is seemingly completely okay.
If things were consistent then, Saudi Arabia, Israel, UK, and America would all be under sanctions.
You're absolutely right!
Agreed, but it's not an excuse for the prick Abramovich
I knew Abramovich bankrolled the club, but I was shocked to find out the extent Roman's own money was pumped into the club. That club is definitely not self sustaining.
Without a new buyer, Chelsea will go into administration in a matter of weeks. And to make it worse, the stadium is old and rebuild will cost billions more. What a f*cking mess.
As a Arsenal fan i knew how much Abramovich has pumped into Chelsea, the worry for you guys and girls is the player wages every season Abramovich has been covering this season after season while Stamford Bridge doesn't earn enough to cover the costs...Chelsea owed over 1.5 billion to Abramovich basically he's been a sugar daddy.
the mess began the minute we allowed for a russian mobster to buy the club. He should have never been allowed a license. WHY NOW!?!? BECAUSE HE STARTED AN INTERNATIONAL AUCTION/BIDDING WAR IN PUBLIC FOR A CLUB HE COULD HAVE SOLD TWO WEEKS AGO SWIFTLY!
Well that’s what you get when you rely on your owner (with a bit of a shady past ) to fork over money.
Which is why I was glad when Lampard came in, he wanted to implement more academy graduates which keep the cost down a lot than just recklessly buying players which money you don’t have (Abramovich paid the money, not Chelsea)
That’s a lot more sustainable than what most in the PL have done
I mean under these restrictions who wouldn’t struggle? At some point you’re gonna run out of money. We are not talking about taking away Romans money, we are talking about hurting the day to day running of the club too.
Please provide sources
Thanks for the free quality coverage, much appreciated @The Athletic UK
When the new owner comes in, which is most likely, Chelsea will have to compete now on a level playing ground and will be similar to Spurs and Arsenal but just a few years behind in terms of infrastructure and painful squad restructure.
Ill
A few years behind? They’ve just won the Champions League.
@@jejmoss11 Yes, but you do understand winning champions league wasn’t possible without Abramovich bankrolling the club? The club constantly runs at a loss and when a Private Equity firm buys Chelsea they will want the club to be profitable (such is the nature of PE Firms). So the club will have to have a more sustainable business model and will actually have to play the game without cheat codes.
@@jejmoss11 didnt know winning a trophy magically solves all your financial and squad problems, if Spurs won the Champions League when they got to the final would they magically be a world class team right now with the exact same ownership structure?
@@jejmoss11 that´s also your last champions league trophy tho. sorry to break that to you!
So pleased to see Chelsea fans covering this, for all the schadenfreude from other supporters many of us who are Chelsea supporters have supported them for decades and will continue to do so after Roman, but are worried whether we'll even exist. Even some of the Athletic's coverage (Pitt Brooke) screams of partisan resentment and inconsistency.
Your club will exist, of course, but the Chelsea you knew for the last 20 years is gone for good.
I agree that Pitt Brooke is a shrill. He's a City fan.
@@BinkyTheGoddessDivineAs long we still exist I don't care. It's a dream everything we've won, but my favourite team is probably the early 2000s team (not that they were put together for free!).
I must admit I didn't know that about that journalist, that does make his editorial position clearer. Given their associations and activities his righteous indignation looks worse now.
@@wizardaka One issue nobody is speaking about: why didn't Abramovich sell the club when he knew that Putin had intentions of invading Ukraine? He's a rich guy who has armies of accountants, financiers and lawyers advising him and "forecasting" about everything, they're basically paid to predict every outcome good, bad and ugly. We ALL knew an all out invasion was going to trigger the West to lash out at everything Russian, and the oligarchs were gonna front and center on that mess. Unless he thought that buying Chelsea gave him some kind of insurance/protection against that, as some people have said years ago.
@@BinkyTheGoddessDivine thought he was above consequences? Boris tried to protect him, maybe Roman underestimated the outcry.
About time his assets were frozen, time to deal with the Saudis and Qataris dodgy money aswell
wont happen. they dont care ab saudis and qataris money unfortunately
Unfortunately we only care about horrific human rights violations when we don't sell them the guns
Exactly.
What you have to understand is that, these mysoginistic racist slavers are our friends, and so dont need to be held to any standards at all
@@eddie.geminivested interest
Not gonna lie...this debacle has put a massive smile on my face. Chelsea fans were warned about RA on day one and the bubble has finally burst. RIP Chelski.
BS he has done nothing wrong.
U.K government are hypocrites.
Think weapons of mass destruction lies to justify a 20yr illegal war in the middle-east and the invasion of their nations.
@@MetalGearTenno cry more
@@MetalGearTenno watch this, he is not a very nice guy and has only ever endorsed putin and previously yeltsin th-cam.com/video/6HevVmorHGg/w-d-xo.html
Arab money inbound
Chelsea owe Abramovitch £1.5 billion, what he should have done - instead of writing it off - is convert that debt to equity (51%) and then given it to the fans in the form of a foundation. That foundation can either allocate non dividend paying shares to season ticket holders or invite fans to buy these non-dividend paying shares.
He should then accept the governments offer (it requires his permission) to sell the remaining 49% to any bidder. The buyer would have to be approved by fans. And because the foundation shares won't pay dividends, the accumulated dividends would act as a means of preventing share dilution.
Should the new owner fail, the fans would be able to remove him.
Also the goodwill - from the fans, would allow Abramovitch to return at some future date.
Chelsea fans now waking up after 17 years of having a sugar daddy.....lol...No they don't have massive cash reserves, Nike the 900m deal sponsorship are pulling out so is Three the main sponsor their all pulling away the mess which is Chelsea football club.
25 years. Don’t forget Matthew Harding bankrolled that Gullit/Vialli/Zola era.
nike isnt pulling out
@@eddie.gemini it will sooner, maybe in the next years when chelsea isnt a main title pretender
@@eddie.gemini This isn't over.
@@WoodenChickenHead Correct Chelsea have been in money problems for years Ken Bates before Abramovich.
Prohibiting fans from buying the kit at the club store will bring Russia to it's knees.
That logic can literally apply to any of the sanctions - and then the point is, we should recognise that all sanctions are useless and ineffective (and always have been)
@@seadkolasinac7220 I agree
Prohibiting fans from buying the kit will stop generating revenue for a corrupt oligarch's asset, that's the point of the sanctions not to make chelsea fans victims. You're not that important
You real must have a very simple view of the world. I envy you in a way.
@@FLASK904 gtfo here with that high and mighty bs. This victim narrative chelsea fans are peddling is ridiculous
Given how long it took the Govt to implement the sanctions on RA, I don’t see why the operating license was so restrictive. They had enough time to design a mechanism whereby RA was isolated from Chelsea’s finances whilst the club was still able to operate as normal.
It's not the government's job to accommodate the fact that Chelsea runs at a loss. Any such mechanism cushions the blow to Abramovich.
@@spurge83 It’s nothing to do with whether they run a loss. The license restricts most forms of income therefore how can they be expected to cover operating costs? Any club would struggle.
If Abramovich had sold the club a year ago, the fans would all be asking “what did he know that we didn’t?
I see quite a lot of people saying ''when the new owner comes in, it will be fine''. This makes me wonder, how quickly could we expect the club to be sold? We already know theres various interested parties, but how long does it actually take to finalise a sale?
I feel like it depends on how long Russia's situation lasts, once abramovic's sanctions are lightened then thats when it'll happen
@@JackJarvis321 Personally I dont think the situation in Ukraine matters too much in this case. The UK government will probably want Chelsea sold as soon as possible, so long as they have a guarentee that the money of the sale doesn't go to Abramovich. So it might just be a matter of how quickly a bid will be accepted and the paperwork be completed.
@@DenDave_ so did abramovich have no say? Why would he agree to losing billions why would he sell?
The Athletic reported that the sale could.take as little as four to six weeks.
@@stain4128 that’s correct, he has no say. His actions have consequences.
He’s already said he won’t take any profit from the sale. The government is just now holding him to that.
Well. Business clearly has to be concluded fast or we’re going into administration and deducted points and all the other shit that goes with it.
Good clear info, appreciate it
The hypocrisy of this situation is that the decision to approve ownership of a British club to a Russia oligarch was taken by the UK Government and Premier League as a part of their standard procedures in 2003. They have had 17 years to step in and assess his relationship with Putin, yet they sanction him in a way that is dismantling the clubs ability to operate at the business end of the season. To deny fans access to the games is punishing us, not Abramovich! Why not let fans in for free or have them donate their ticket funds to a Ukraine Victims Fund? The coaches and the players aren't in favor of supporting Putin's intent to invade Ukraine so why not simply appoint a government CEO and continue operations? Why not appoint a financial auditor to ensure no money is paid out to other than those agreed by the sanctions? There are LOTS of options here but clearly, the UK Government isn't thinking clearly.
Hypocrisy is not equal to an action being wrong, don't equate the two.
@@Peacock__
How about the hypocrisy of the UKs sanctions on anything Russia related because they have invaded Ukraine.
Right after an illegal 20yr war and invasions in the middle-east based on lies of weapons of mass destruction by the U.K and U.S.A governments.
This is beyond hypocritical.
And these sanctions are accomplishing nothing in stopping Russia either.
@@MetalGearTenno i literally could not give a single fuck whether it is hypocritical or not. That doesn't change whether their actions are correct or not. Pointing out that something is hypocritical in this situation literally means nothing. Its an entirely seperate conversation.
Sanctions are a long term thing. Expecting the war to just suddenly stop because they have been sanctioned is stupid. However, it does serve to weaken Russia's economy to make it harder for them to invade other countries and sustain their military, weakens them in the global stage and weakens their power as their economy is pretty reliant on oil. This can help to destabilise the regime. The sanctions on the oiligarchs can help influence Putin as part of the point of the regime is the embellish the few in power with the riches (eg Putin and the oiligarchs). If you take away the Oiligarchs money, they may become frustrated with the regime and push for change or attempt to influence Putin. They have assets in other countries because they know how unreliable Russia as a country, administration and economy is.
@@Peacock__
If you honestly think sanctions on Russia will weaken Russia then it is not surprising that you dont give a flying f*ck because you're clearly to ignorant on how sanctions work and their effect on Russia's economy.
Considering the West has been sanctioning Russia for the past 30yrs since the collapse of the Soviet union, this is nothing new for Putin to deal with.
Putin has also been building a self-sufficient Russian economy for the last 20yrs so your little ignorant rant is completely irrelevant.
And the hypocrisy of the U.K does mean something.
As does the UK government and our propaganda media's censorship and blatant lies of what is really going on in Ukraine.
The civil war between the west and east of Ukraine for the past 8yrs caused by the Obama administrations regime change in Ukraine in 2014.
NATOS eastward expansion into Ukraine which has caused this conflict.
Even after NATO signed a treaty in 1994 with Russia agreeing not to expand into Ukraine and invoking article 5 to include Ukraine into NATO.
The Neo-Nazi military running rampant in Ukraine.
President Zelenskyy of Ukraine is a puppet president installed by the U.S government.
Eight of the U.S top level 4 Bio-labs found in Ukraine, Bio-weapons have been discovered by Russian forces.
Years of the West deliberately provoking Russia and our medias anti-Russian cold war rhetoric propaganda.
U.K, U.S.A and the EU shipments of military equipment and weapons into Ukraine for several months leading upto the Russian invasion into Ukraine.
How did they know to do that? 🤔
Joe Biden and his useless junkie son Hunter Bidens business involvement in Ukraine.
Russia has been providing aid and opening corridors for Ukrainians to seek refuge from conflict.
But dont let all of these current and background facts get in the way of your emotional hissy fit response to this conflict because you lack the intellect and emotional maturity and intelligence to comprehend what is really going on without the MSM telling you how to think and feel about it.
Go and rustle your feathers elsewhere peacock.
@@MetalGearTenno Jesus dude you've drunk the conspiracy cool aide. Not really sure i can reason with lunacy
And I thought the F.A. or premier league had a duty of care to ensure club owners were upstanding squeaky clean before assuming control of a club.Maybe the powers that be need to reconsider what qualifies as "fit and proper"
I would expect the license will have to be changed to allow the club to access what it earns to enable it to at least try to keep running. But it might be players will have to start deferring wages and bonuses until club sold.
Hey guys, @12:10 you say not a penny must go back to abramovich. but honestly, the asset is his. so is it the fine point that nothing can go back to him now? can he be paid back later for the sale of the club he OWNS based on political circumstances(assuming a peaceful resolution to the global conflicts)
None of the journalists actually care about right or wrong. They're just going along with the anti-Russian narrative regardless of if people are being wronged or not.
@@46.56.A. To be fair though bombing women OAPs and kids whom are trying to evacuate a war zone is likely to make people world wide not so fond 🤷🏻♂️
@@johnheckles8239 You seem to have missed the point. Criticising war and the Russian government is fine. Going after Russians and Russian businesses that had nothing to do with the decision to go to war is borderline bigoted. Then we have the obvious double standards at play here.
@@46.56.A. No government can be trusted to do what’s right.. But there’s fkn limits pal.. What’s gone on over there is genocide.. Plain and simple.. Putin is a madman.. I have no issue with Russian people.. Iv met plenty and count some as friends.. They also think Putin is a c@@t 🤷🏻♂️😂
@@johnheckles8239 Why are you pretending that I said the war is good? Are you even reading what I've written?
The Academy has cost Millions. But players from the Academy have been sold for Millions and some are worth millions in the first team. Roman pumping 1.5 Billion into Chelsea has give the club a value of 2b 3b when he paid out hust 140m in 2003. Had Roman sold before the Sanction gets back his 140b and 1.5b with a profit.
And here come Chelsea requesting that the FA cup tie be played behind closed doors, denying Middlesbrough gate receipts. Disgusting, arrogant club.
Vitesse Arnhem and Chelsea are now in the same situation! Vitesse and Chelsea are like Brother and sister now... We as supporters must stand beside each other now as never before!!!!!!!
Good, its been a long time coming, I wish the same for city and new castle once there is less hypocrisy.
It will be awkward playing away games for chelsea with only home fans in attendance
Who in their right mind would believe that a person can just walk away from £1,500,000,000.00 without a fight, now or later? Abromovic is just watching domino's fall.
He's a Russian oligarch. Dirty money, he could probably care less about 1.5 billion. The reality is we don't really know what these people's real net worth is as well how deep are they linked with the Kremlin. They buy $100 million + yachts like it's candy. Their annual income cash must be sstronomic.
These sanctions on Roman for being Russian or for knowing Putin are harsh. Don't know how it can be argued otherwise.
With that being said, Israel should've been sanctioned for their treatment of Palestine and that should've meant Roman getting sanctioned for funding illegal settlements in Palestine. So while the reason he's actually getting sanctioned is unfair, at least he's getting his punishment for his actual crimes.
How the UKs government lies of weapons of mass destruction to justify a 20yr illegal war in the middle-east? 🤔
Are you seriously boiling down acquiring billions of dollars from previously nationalised industries, that were bought for way below the market rate, due to loyalty to the Russian state through all their authoritarianism, corruption, and human rights abuses for decades, to Putin being Abramovich's mate?
@@saltyegges5957 He's not being sanctioned for any of that is he though? If that was the case, it'd happen long ago. All of this is because he's Russian. If he was any other nationality right now, he'd be left alone.
@@46.56.A. He is being sanctioned precisely because of his ties to putin and previously yeltsin, the UK government has just been forced to act because of bad press, they just didn't care before and the tories have historically benefited from russian donations. It seems like every single rich russian is sanctioned because they didn't exist until the fall of the USSR, so they all made their fortunes in similar corrupt ways from Yeltsin's government.
@@46.56.A. no, he’s being sanctioned because oligarchs are an important part of Putin’s regime. They keep him in power.
That’s what he’s being sanctioned for. And he’s richly earned it.
I am so bloody happy I hope Chelsea crash so bad, never been able to stand the fans, and some players don't know anybody behind the scenes and don't care
Chelsea your years of smug Ness do you know who is laughing today Phillipe senderos
Sames of UK government for putting politics in football. I hope Chelsea will rock in Championship like the recent years.
Good. The chavs have cheated and bought all their titles. The women’s team exactly the same. They deserve everything that’s coming to them. Youth players’ parents have been bought, Emma Hayes was bought, she’s a gooner ffs. Cashley was a gooner that never would have left if it wasn’t for roman. If you sign a deal with the devil and all that. You’ll get no pity from me or anyone else who’s not a chav. You’re now gonna have to operate like normal clubs, boohoo 😢.
As a toon fan i agree..
Someone sounds salty!!! Multiple European Champions. Champions of Europe, you’ll never sing that!!
This news sounds so old and shows that the reports know nothing. What about they have to be sold be this weekend with many offers??
Do football clubs pay in advance for travel? Many businesses work on the basis of invoices which they pay in arrears
🎶 Where's all your money gone? Where's all the money gone? 🎶 🤑
Does this mean we can buy Broja now? 😇
Broja signed a 5 year contract before he went out on loan. He'll be at Chelsea next season for sure.
They're not allowed to sell or buy.
@@46.56.A. Chelsea don't need to buy Broja, he's already under contract
@@martinyLCWM I think the original comment was asking if Southampton (where Broja is on loan) can buy him now.
@@46.56.A. they could've attempted to buy him even without all of this happening. Is the question actually meant to be: "if Southampton are still able to buy him" / "are Southampton no longer able to buy him?" As both of ur questions don't make much sense
Crises??? Who the f*ck did tell you chelsea in crises???
Goodbye Chelsea. Your time is up. Newcastle will be replacing you.
Many content creators have been open with their opinion on SMG. The Athletic has blatantly occulted SMG"s bid. Bias?
Laughing my as* of at cheaters Chelscum.
They literally bought all of their success, nothing earned, no passion, plastic club among plastic clubs
It has been 19 years and Chelsea is living in your heads rent free. 🤣🤣
😂😂 "behind the EU" when they're happily buying $600m worth of Russian energy everyday.
What a dim take. Germans can't just go without energy. Have some 😂😂
No shit, pretty sure countries need electricity. You can't just unplug that you absolute dunce.
Hypocritics
Chelsea may as well have been relegated mid season
As long as the players are still getting paid I wouldn't be surprised if they chip in on transport costs to keep what they are accustomed to.
Shite.
Poundland club....will they be the new sponsors 🤣
Cheslea fc
Hopefully Arab media will buy Chelsea
Free our club borris
cry
no
Capitalism at its very best
Well.. Being a Leeds fan I’m enjoying this.. might aswell lap it up coz we’ve fk all to look forward to football wise 😂👍🏻
low level energy
youre getting relegated
@@eddie.gemini that’s what she said 😂
@@sergioandre894 good attempt.. but you missed the use of ‘ try harder next time.. You’re letting your family down 😂
@@johnheckles8239 😂😂😂
The knee jerk decision is already impacting people's life. Kudos to Labour MPs and UK leadership since you think getting in the wagon is the best solutions! Utter rubbish! Not even a Chelsea or a football fan here saying this. Nobody wants war and it is wrong what's happening in Ukraine. This circus of sanctioning is a pure Joke!!! It is your neighbour, friend and family are the ones suffering due to the politicians need of 15 minutes fame. Well done! Hopefully, Chelsea survives.
🥶😂
Celtic fan, Kick them down to the bottom tier of English football as what happened to that other crooked club north of the border, and any other club who has a crooked owner pumping blood money into it. Football has been ruined by this for far too long, it is a sad day when a club the size of Celtic cant compete in the transfer market with championship clubs never mind the EPL. UEFA champions league is also rotten to the core. Hopefully some time soon we will see a breakaway from these corrupt organisation and give football back to the man in the street.
These guys don't know football
Seems like you don't understand business lol
Not a fan of CFC, not a hater either, but I find it abhorrent that a government can just come in and take someone's property, no trial needed.
Well, just you wait until you find out what Russia is doing in the Ukraine.
There's not much needed for a trial if theres mountains of evidence showing Roman is a Putin puppet. He can try to take the govt to court but they'd never win which is why it hasn't even been discussed
@@danstainback4208 Abramovich leading the charge is he?
@@DarthQueefious he's certainly helping fund and supply the Russian army
Nobody appears to lament that Great Britain is no longer a nation of laws.