Simon Jordan Praises Chelsea's Choice To Sell Properties Instead Of Players For FFP Safety! 👏💷
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- เผยแพร่เมื่อ 13 พ.ค. 2024
- talkSPORT's Jim White, Simon Jordan and Stefan Borson discuss Chelsea's finances.
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This guy has been beating the panic drums for Chelsea all year and he's consistently being made to look a fool.
Why do you think he’s been a fool? You do know the date for FFP is June 30th… and the sale of the two hotels have not been signed off yet by the PL. I think Chelsea fans are telling themselves this to make it easier to deal with the fact you guys are going to get shafted 😂
@@nathanj109Money works boy nothing will happen
@@nathanj109big fool
@@nathanj109 Grow up!
This steffan is always trying to make Chelsea fans worry. He’s been proven wrong so many times 😂
Wrong about what?
What we know for sure is - Chelsea's financial people are outplaying him every step of the way.
@@environm3ntalist549 Chelsea`s so called troubles
He hasn't been wrong about much, if anything.
I think you're just crying about someone pointing out that you may have done something dodgy?
@@MaterLacrymarum No, he says what they're doing could cause an issue.
They then do something else to get around the hole they found themselves in and then he points out the issues that could cause an so on.
Chelsea being put on blast here
But 115 charges on the other hand………..
Stefan is so hurt. I love it 🤣🤣🤣🤣🤣
Hurt by what? Us finishing mid table after spending a billion?
@@BirdLives7 i don’t care about you and Chelsea
@@BirdLives76th/5th is mid table? You need to do some maths mate
@@rynoburrow where did we finish last season?
@@BirdLives7 had only spent half a billion last season though innit. He's clearly salty about being outsmarted by the Chelsea owners.
This salty Man City fan is on again.
He’s fuming 🤣
He gets so Giddy just talking about chelsea i'm not surprised...FMV...LOL
He is not as informed as he thinks he is..
🤣🤣🤣
He wasn't wrong on anything
Wish he would give it a rest about Chelsea and discuss how city have managed to get away with any ffp charges in the last 5 years plus?
City lawyers understand law = simple as
simple word difference like "implied" and "law" = City walk away = just like Chelsea will walk away with doing this .
is a line i heard in a song (Ren -- Money game part 2) "Ditch all your morals they 're a poor mans quality""
Stefan, the league had the chance to stop clubs selling assets to themselves, they didn’t take that chance. Don’t be salty that the Chelsea owners are taking advantage. It’s what investment bankers do.
3:51 saltiness at its best 😂
Stefan chatting shite about Chelsea. Just make it a weekly program at this point lmao
Haha, the man can’t help himself 😅
I cannot wait till Stefan gets proved right and you find you club in the mud 😂 if there’s any justice in football, with you guys spending a billion, we all expect a harsh punishment. Fans from all clubs bar none
This guy talks as if he is paid per/minute.... Like pulling blood from a stone... Get to the point
Everyone is technically paid per minute.
@@travisbickle5829 Not really... Most people are paid per month.... So you haven't got to draw things out.... But lawyers, consultants etc are masters at stringing you along the garden path
@@travisbickle5829 he thought he was smart with that one 😂🤣
The owners of Chelsea whilst not football expert are financial expert. they are in another universe to others.
LOL They've spent like £50M on hiring & firing managers, wasted hundreds of millions on players, & are now selling off assets to cover their losses
@@interstellarbeatteller9306and selling assets to whom? To themself 😂😂 that's a big brain move
@@jommzom9715are you saying other 19 PL club owners are mugs? Or BlueCo 22 are idiots?
@@interstellarbeatteller9306 Get some context, and perspective, these guys are in big business, something you and I know little about, Your comment is dumb.
Nope. Nobody else is dumb enough to do what they've done.
Stefan’s very loud when it comes to chelsea….VERY quiet and defensive when it comes to city….hmmmm
Quiet when it comes to City? He literally said if they're found guilty that they will be relegated to League 2. He hasn't been 1 bit quiet. Brutally honest if anything.
For the sake of people who aren't aware of city, please do some research before you make a comment like that.
its Cause he is one of the persons Pushing for Chelsea's punishment to FFP WITHOUT UNDERSTANDING THE STRATEGIES USED BY THE CLUB TO CONFORM TO FFP. He has zero facts etc.. he is a Gossiping Moron... ive listen to him on Sky and the guy have no facts or clue what he's talking about.
@@aluwiciousprimus6480And what "facts" do you have? Are you a professional accountant?
If he was on city's books is he implicated anyway in the 115 charges?
@@aluwiciousprimus6480 "strategies to conform with ffp" ? Nice way of putting dodgy dealings
The city mouth piece has a lot to say about chelsea but goes mute once city is referenced in any way 😂
This is why pundits like Borson should quit prematurely waffling about an entity’s financial situation because they don’t know the intricate details of every aspect of the financial situation.
True but he's not a pundit.
Don't hate the player hate the game 😂
Man his guy don’t like Chelsea!!! Every time he’s on he basically accuses them of cooking the books. I suppose as a financial advisor to Man City he would know that he’s talking about 😂
This guy whose a city man never talks about city issues.. Always abour cheslea.. What do you know about 115 charges then?
Stefan Borson the FFP Specialist that isn’t a Specialist, quite clearly…
no mention of the £28m lewis hall money(all profit) plus loan fee, £17m sell on from Livramentos move to newcastle, Ampadu to dirty leeds £8m, Lukaku and Maatsen will raise over £50m, Fulham owe £6m for the Broja loan. Kepa will be sold also
and 5million from madrid via hazard deal lol
Unfortunately Lukaku will raise nothing Paul. He was bought for £97.5 mill, amortised over 5 years of which he has served 3 in August which is 60% (£58.2 mill). Meaning if Chelsea sell him for the reported £37 mill at the end of the season, it will go into the books as a loss of £-1.8 million (£97.5mill - £58.2mill = £38.8mill Book Value). Keep that in mind.
@@SheaBethellthe fee paid for him may not be the fee stated in the media.
Please stop trying to act as if you're Chelsea's accountant.
It's embarrassing
Stefan is almost like he wants Chelsea to play in the Sunday League when his words are translated to lay man's language.Simon is presenting a more fair and practical summary of what is likely to the outcome of Chelsea PSR problems.
" Chelsea have done it again " What a masterpiece of business, They're Smart and intelligent
Does chelsea football club own the properties if not then how is this different to a club owner just putting more money into the club this shouldnt be allowef under current ffp rules simon is wrong here
@@petersmith2522PL clubs had a chance to ban profit from selling assets (like property sales) contributing towards PSR and they chose not to… valuing property is also a lot easier than valuing players👍🏻
@@petersmith2522Clubs had the opportunity to stop profit from assets like property sales contributing towards PSR but chose not to👍🏻
So what will happen, the hotels will be sold off, refurbished and then the owner will buy back as a buffer.
correct = legal shithousery
Football becomes a business and now every rule will be exploited
Yep smart business.
@@neitherhereorthere7131not really unless they have a deal to buy back at a similar price
They don’t need to buy them back, they’ve been bought by the ownership. The only difference now is they aren’t directly owned by Chelsea FC plc but by BlueCo. BlueCo could sell them back to the club in theory once the financial situation is more stable, though.
Boehly always finds that loophole, 2 steps ahead
What makes no sense is they are “selling” the building but retaining rights to use it rent free. Hard not to see how that’s not a related party transaction
Can't speak for law in England but here all they would do is sell it and just give them a 99 year lease which could be just 1p a month or something like that
but what is the fair market value of that? Much less than a sale without the 99 year leaseback
@@gregbeales7945 They had 2 independent evaluations of the cost of the sale + and contract their after. The FA/Prem have agreed to it being sufficient.
It shouldnt be allowed chelsea football club doesnt own the properties so how is this any different to an owner just pumping more money in himself which isnt allowed as a way to reduce ffp spending
@@petersmith2522 they literally own those properties
Poor little Jimmy sounds so confused as the adults speak...😂
Jim thinks understanding things is overrated. 😅
Blokes a clown 😂 barking about them all season only for bohley and co to make him look a fool
Oh the city stooge is back on must be a slow day
Stefan Borson over exaggerating Chelsea’s situation 🤡🤡🤡
He is a professional he knows what he is talking about
I forgot GOATBryan10 knows more about financial accounting for football clubs than one of the leading financial advisers that works with the very clubs we’re talking about…
@@Lovelydropp I will trust David Ornstein, respected as 1 of the best football journalists, over Stefan Borson who clearly has an agenda 👍
@@GOATBryan10is David a financial expert? No. He's simply reporting what a source in Chelsea told him.
@@Lovelydropphe does not work with or for any of the clubs in the premier league and his company Watchstone group PLC.
None of the companies in Watchstones’s portfolio offer accounting services to any sports industry. The groups main focus is providing technology services in Insurance, Automotive and Healthcare sectors.
Stefan is a business employed by talksport under the occupation of sports accountant.
He will be gutted when Chelsea don’t have to sell players and have met FPS guidelines. These guys hate Chelsea and this guy is so biased. Very rarely talks about city but loves to scare monger about Chelsea and each time he gets it wrong
He has talked at length about City
Oh shut up and stop crying. He has talked extensively about City.
Stephan loves the sound of his own voice just a little too. much
He has quite a lot in common with Simon really.
Does that dude ever get tired of being wrong? Every time he’s been on since his first show, he’s had to explain what he got wrong the last time.
here comes man city's media mouthpiece again, he has very blatantly been encouraged by man city (former employers, or secretly current? i wonder) to go on a public radio show and continuously trying to obfuscate city's transgressions and 115 charges, while trying to throw accusations at other clubs, kinda sad how man city are now trying to influence the national radio
Hypocrisy is rampent.
Stefan has been right about virtually everything he had said to this point!!
What specifically do you disagree with what he has said? It sounds like you just can’t take the facts due to your hope that City will get clobbered when reality is it is quite likely they will get off very lightly.
Yup, the guy who's been sitting in the seat saying multiple times that if City are found guilty than they will get the most punishment of all the clubs is sitting there as a mouthpiece for the club.
According to people online like yourself, City are simultaneously the smartest people on the planet who have a plan for everything.
As well as the stupidest people on the planet because every idiot on twitter/reddit or TH-cam seems to see right through it?
Just the other day the hosts were throwing out baseless accusations at Stefan saying that City were sending out cease and desist letters to youtube channels and he told them all to their faces that they were falling for a hoax, and then was proven correct. But I guess that doesn't count as media manipulation to you, you probably fell for it too didn't you codemaster.
He'd probably make a good stunt double for Martin Freeman.
I thought martin o'neil
Possibly also martin lewis!
Just to clarify, Stamford Bridge is not located in what would be considered PCL. In fact, it is not even located in Chelsea, it's in Fulham (SW6)
Fulham is PCL.. Prime Central London includes the City of Westminster and the Royal Borough of Kensington and Chelsea and parts of the boroughs of Hammersmith, Fulham, and Camden.
@@CJ4YRD No part of Fulham is considered PCL and certainly no part of Hammersmith. Having made a career in property specifically within PCL for 20 years, I am fairly well versed on the topic. Worth mentioning too, I am a season ticket holder at Chelsea, so this is by no means a dig, but rather a statement of fact.
@RICHARDWOODWARDTV I've literally copied and pasted from searching on Google mate.. I get where you're coming from and if Google searches said the same id agree with you..
Every time I hear Stefan, the old saying "put your own house in order first" springs to mind.
Guy’s talking like he got rejected at a Chelsea job interview 🤣🤣🤣🤣
Smartest move, that's why Boehly is a billionaire and we aren't. GOAT
Sir Simon = Top LAD Proper Clobber 💯 Facts
Todd Boehly : Why do loopholes exist if not for exploiting.
Borston eating huge quantities of humble pie. He’s now saying Chelsea have to make a profit on £100m of ASSETS whereas two months ago he categorically stated it was through the sales of players, and even started speculating about selling the likes of Reece James just to get clicks. What he has proved here is that far from being an expert, he is massively to blame’s for Man Cities 115 charges. As Simon Jordan says, maybe City should have looked at this instead of signing up sponsorships way above fair market value from UAE owned companies.
And why has no one mentioned the Lewis Hall sale for £30m pure profit which Newcastle are now legally obliged to complete in the summer following them finishing above 15th place in the league, which was a term of the loan. And Ian Maatsen will easily make another £30m pure profit after his hugely successful loan to Dortmund. No one mentions this stuff as it doesn’t fit the media narrative that Clearlake don’t know what they are doing. They certainly seem more business savvy than failed CFO Simon Boraton. Why do TalkSport give this guy airtime?
So so SALTY 😂
This whole conversation is pure speculation. Nothing factual. Could be.. might be...
Tod bohley isn’t daft, you don’t get to be in control of the money he’s got access to by being stupid
Todd paying 5D Chess yet again
Todd wins AGAIN!
What did he win?
So Forest are being told by PL we we have to sell players by 30th of June to remain within PSR or get deducted more points in next season PL Campaign.
@DavidTOBrien
1 second ago
This guy keeps getting it wrong . He said 6 months ago Chelsea will be docked points . Also he said Chelsea have to sell loads of players by June 2024 or breach PSR . He’s useless ! Toxic pundit .
PSR now being shown for what it is Unfair and not fit for purposeForest and Everton got deducted points and have been called Cheats, Why are Chelsea and 115 115 being treated differently. Just glad that both us and Everton have not paid with Relegation due to these unfair deductions
Because we. Chelsea. Haven't broken rules. I agree on the city topic though
I love how this guy isn't phased by simons big words. He's not scared of pushing back on Simon.
Newcastle looking at Chelsea with disdain. They are exploiting all the loopholes they thought they could use before the Prem shut them down
Boehly a genius smartest owner in world
We've already sold Maatsen and Hall for 60m. Lukaku can go for 40, Broja 10 and then hotel and Cobham looking at about 250m there haha
How about they stop overpaying average footballers instead?
All footballers are overpaid
The amount of 360 degrees turnaround Simon has done in the last year even a seasoned politician can't beat him to it.
This borson guy needs those brown envelopes from ClownLake! 😂
This guy should keep Chelsea’s name out his mouth and inform people on what he knows about the 115.
Selling it to yourself is hardly selling it, I thought Simon would be calling this for what it is but the greedy owner comes out in him
If it's within the rules what's the difference with selling players or hotels or training grounds they are all club assets
This makes no sense we can sell players 3 players could be sold by summer already some already been actived like Lewis’s hal, Ian mattioson and lukakak them 3 alone could be around 100 mil
Not necessarily true. Issue is Lukakus book value, him being sold for his clause that was agreed only bags about 7m in profit
Yeah it doesn't act as 100million profit
2024, the year when hotel sales have become the topic of football conversation. Isn't this the beautiful game we all dream of...
At what point in the narrative did you forget [or did you never know?] that Football is first and foremost, simply a 'business', then its an 'entertainment business' and finally its a 'sports entertainment business'. Unfortunately, the business model for the vast majority of clubs is sh.. and, if run on a normal business model, most clubs would be bankrupt and have folded. Fans either don't care or are too ignorant to know, but feel aggrieved and get all 'testy' when the model goes wrong for their club.
@@garyross4602 Never forgot that but it didn't start out that way. Before all that it was simply a sport. Unfortunately that's so much of what we hear / talk about now, there is becoming less discussion about actual football and more about the business which is my point. It's guaranteed all manners of things went on in the past decades that no one really knows about but with the media being what it is and how it has grown we are stuck with it, which is not what we made us love the game.
@@garyross4602 You're wrong, tell the kids kicking a ball around in a park that football is a business first, it's not, it's a sport. It's a sport upon which the vultures have swooped down to try to take full financial advantage of. Don't lose sight of the facts. Football existed for many decades before it became completely commercialised. You cannot rewrite history.
@@BlueBloodPenn You're right, well said.
@@FreshAlchemy Sorry but we are not discussing or talking about a bunch of kids playing football in a playground, or an amateur sports team playing on a Sunday afternoon, we are talking about professional sports teams which, whether you like it or not have evolved from their original beginnings into exactly what I said, sport entertainment businesses [but not in that order]. By the way, the commercialisation can be traced back to the early 20th century, its nothing new. Plus the rules of the game have evolved to make it more 'entertaining' and therefore commercial [surprise, surprise]. And by the way, the very people who are looking at this through rose coloured spectacles are the same economically/financially illiterate tend to be the same fans who scream for rich businessmen and investors to take over their club so they can buy their way to success, then cry when it goes horribly wrong. Being hoisted on ones own petard springs to mind!
no longer is epl football competition ☹️☹️ its who can cheat / get away with things the most
I wonder if the buyer of the hotels is a business based in the Middle East and closely tied to a nation state 🤔
This Steffen guy you can hear the hate for Chelsea in his voice guy is going to come and cry in the corner
Every football fan in the UK now has a front row seat to see how big business works to avoid the spirit of law and rules to do as they please.
PL clubs had the opportunity to stop profit from selling assets (like properties) contributing towards PSR and chose not to👍🏻
The land cfc is on is probably worth as much as 15 other prem clubs land combined
Going on about 24/25 now, what happened to the past 4 years? he’s been going on about us being relegated to the national league for years now, get him off ffs, concentrate on your club being charged.
How is this legal ? All non football related things don't count when you spend so why does it count to sell ?
Glad Simon loves Chelsea; love his hair cut ♥
Give Palmer #10 next season
First 3 minutes were a pain to listen to... the same information could have been communicated with perhaps 1/3 of the words used...
Bloke sure loves the sound of his voice
YOU ARE HEARING THE SOUND OF SOUR GRAPES. GREAT BUSINESS SIMPLE AS THAT. THE CHELSEA OWNERS ARE EXTREMELY GOOD WITH BUSINESS KNOW GETTING AROUND IT. IT IS OBVIOUSLY EXTREMELY HARD FOR CLUBS AND SUPPORTERS TO TAKE AND CERTAIN CLUBS ARE PROBABLY FEELING LIKE HOW DIDN'T THEIR CLUB THINK OF THAT? ABSOLUTELY BRILLIANT KNOW GETTING AROUND IT.
The pl should have put rules in place to stop this when lower league teams started doing it.
UEFA banned this 10 years ago
But then they no longer have the asset. Look at what happens to clubs that sold their assets in the past.
What about the 30 million newcastle owe us for lewis Hall and maatsen will also be sold too
Selling the hotels etc fair enough, however when it is inter group and they are still retaining the profits seems like a complete cop out
If it’s legal then what’s wrong with it ?
@@Insertnamehere287 you wouldn’t be able to sell your house and then still rent get the rental income for it. Having your cake and eating it is the phrase that comes to mind. It should be one or the other
Not sure any clubs will need to meet PSR ever again if they are allowed to get away with this sort of nonsense. Real double standard appearing between big clubs and others
It's not against the rules so cry harder
You're missing the point - none of this is against the rules. If the FA didn't want these types of sales included, then why do their rules no forbid it?
@@MaterLacrymarum the best part is they had the option to do it.. but not enough clubs voted for it.. I wonder why? Maybe they plan to do the same..
@@CJ4YRD If it's not against the rules, why not? Honestly, the FA are so incompetent.
What other club has assessoria it can sell?
If Stefan Borson was an “expert” he wouldn’t be doing cameo appearances on talk sport like a brokee
Beautiful hair cut, Simon, less 100% better than more in this instance
Sheikh Mansour agent this accountant.
Chelsea are building a team that in 4-6 years will be able to go toe to toe with City. The league knows this and desperately wants a rival for City. It’s in their best interest to allow it
Madrid sold their training ground to the Spanish government for 300 million then got it back on 999 year lease to use for free. Then used the 300 mill to buy Ronaldo and kaka
The way I like Simon
If Newcastle were selling hotels and their training ground to themselves, Simon would go out his way to say to say it was damaging the game.
Should get a good reporter like Ornstein on
He just doesn’t like the fact that city never thought of it , I think Clearlake are far more savvy than a journalist like him
I'm not defending Borson, but what makes you think he's a journalist? He's not a journalist.
Stefan IFRS 13 is always subjective
So now talksport listens to people who make assumptions on what’s happened?
Are the houses owned by chelsea ?
I highly doubt it.
Thats why this City man is on radio and Chelsea owners are billionaires.
Hate Chelsea being clever.
So according to Stefan only 114 to go?
Unlucky Stefan 😂😂😂
This has nothing to do with football. More like a business education. 👍
News flash.. Ro-man never left
They should investigate Man City
Which guy here is that stefan
My Chelsea said: We almost fell for the dud called Josko Gvardiol and bought him!!!
For future " Chelsea scouts " just don't talk what are you doing - cuz Chelsea scout's are the dud!!!
Can a club pump and dump GameStop or a BTC/Crypto and get around FFP?
Has Chelski sold "Fawlty Towers"?
They could have sold the property to a 3rd party with no issues. They sold it to the football club