Speak to the resident Newcastle fans mate. That's your oil comrade now.Hi Pot, I'm Kettle
Wow so childishReally hope their new managers are a Hicks and Gillete/Kronke type who doesn't want to dump hundreds of millions into the club.
I mean ideally, I'd like the owners like the Oystons and the club does a Bury and goes under.
It probably depends on how long they have to wait before the club is seized as an asset, I haven’t got a clue how this shizzle works but I presume if it is seized as an asset the government will sell it off cheap to get it off their hands, so will interested parties just wait until/ if this happens? and I’m assuming there is a real possibility it will because Roman wouldn’t be selling otherwise.Someone is gonna get a bargain if they have the patience to wait long enough.
Not sure how it works in England but the loans would still be on Chelsea’s books though in that case? If he wants to recoup them by means of the price he gets for the club, he’d need to do an unconditional waiver of debt which would be seen as an abnormal or benevolent advantage (i.e. not something an independent party would do under market terms) at the level of Chelsea and a taxable income for the club.He’s not though. He’ll sell the club for >£1.5 billion and the debt will be repaid in full.
A Chelsea fan who's club built on oil complaining about oil clubs, you couldn't make it up. WeePot it is from now on. Glass houses and all that.Speak to the resident Newcastle fans mate. That's your oil comrade now.
Not sure if serious…A Chelsea fan who's club built on oil complaining about oil clubs, you couldn't make it up. WeePot it is from now on. Glass houses and all that.
Also the word comrade gave me a chuckle.
Thank God most your fans aren't so silly.
They're not an oil club?Not sure if serious…
He’s taking the piss you plonkerThey're not an oil club?
Mate he was making a joke from the get-goThey're not an oil club?
So was I. Sarcasm doesn't come across well.He’s taking the piss you plonker
The sale price would be including the loans owed surely. There's no way Roman sells for 2bn and is still owed the loan amount.Not sure how it works in England but the loans would still be on Chelsea’s books though in that case? If he wants to recoup them by means of the price he gets for the club, he’d need to do an unconditional waiver of debt which would be seen as an abnormal or benevolent advantage (i.e. not something an independent party would do under market terms) at the level of Chelsea and a taxable income for the club.
A potential buyer wouldn’t want shareholder loans on the books when they take over the club I’d imagine. Or what they could do is include the promise to repay any remaining shareholder loans in the SPA maybe, some stuff like that. Again, not sure how it works in England.
I used to regularly post complaints about other team's spending and although 99% can see the obvious sillyness, there's always one who bites.He’s taking the piss you plonker
Who forgives 1.5 billion debt? Doesn't make any sense.Tweet
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Seems to be the greatest owner a football club has had.
.....awkwardSo was I. Sarcasm doesn't come across well.
I'm sure the Premier League will ignore their rulebook on such matters, once Boris has a word with them.What is the tax implications for Chelsea by suddenly having £1.5 billion suddenly written off. Surely these become a gift?
To be fair you are a complete jerk like most oppo's.I used to regularly post complaints about other team's spending and although 99% can see the obvious sillyness, there's always one who bites.
The sale price takes care of that surely. It's not like some financial institution is forgiving the loanWho forgives 1.5 billion debt? Doesn't make any sense.
I mean its not that awkward, if you read back to where I originally quoted him its pretty plain to see but whatever......awkward
Top Geezers doWho forgives 1.5 billion debt? Doesn't make any sense.
Exactly, it's highly irregular and alarm bells are ringing.Who forgives 1.5 billion debt? Doesn't make any sense.
That’s Roman. Monday brokering peace with Russia. Wednesday gives 1.5bn to charity. It’s just what the man does.Who forgives 1.5 billion debt? Doesn't make any sense.
But then they’d be paying £500m for the club with the included engagement to repay existing shareholder loans. My point was that they wouldn’t pay £2b and the loans would suddenly be gone from the books. If they pay £2b to Abramovich for the club, the loans keep existing. But yeah I think that would indeed be the likely solution.The sale price would be including the loans owed surely. There's no way Roman sells for 2bn and is still owed the loan amount.
Its not how his statement is worded.The sale price takes care of that surely. It's not like some financial institution is forgiving the loan
so he’s now Henry Kissinger and Bill Gates ? Feck off, he’s crook, pure and simpleWell so far he has tried to broker peace and promised what must be a significant amount of money to victims of the war. If that’s failure then you must adjust your life perspective
All his money is super clean Hasn't he funded illegal settlements in Palestine too?so he’s now Henry Kissinger and Bill Gates ? Feck off, he’s crook, pure and simple
I don’t think some of the chelsea fans are grasping how much things will change. For example, the Lukaku transfer in the summer never happens unless it’s Roman Abram. No one pays £100m for a 28/29 year old with no resale value. They would never have signed Torres for £50m at the time either.Haven’t they made the most losses this recent financial year?
Either way their fans have been used to the way RA funnelled money in to the club. I don’t think they’re quite prepared for how a sustainable football clubs books need to look like. The new owners might have decent chunk of change but they’ll be playing by a whole new set of rules now.
The bright spot is the playing squad is in relatively good shape, so a drop off wouldn’t be immediate.
There is a massive disparity in terms of infrastructure and profile between the clubs. I think your point stands if the aim is to rescue a distressed asset, but for a buyer for whom profit isn't the main objective Chelsea are orders of magnitude more appealing.
Unless he finds a way of selling it back to himself. Time for Roman to put the 632 new UK businesses linked to Russian owners to good use.The sale price would be including the loans owed surely. There's no way Roman sells for 2bn and is still owed the loan amount.
We'd be far better off had neither of those signings happened!I don’t think some of the chelsea fans are grasping how much things will change. For example, the Lukaku transfer in the summer never happens unless it’s Roman Abram. No one pays £100m for a 28/29 year old with no resale value. They would never have signed Torres for £50m at the time either.
I worked in the banking sector for about the same amount of time as you, in financial crime. The problem with laundered money is that once integration has been achieved it is a bit like tying to remove the raw eggs from a baked cake.Exactly, it's highly irregular and alarm bells are ringing.
I worked for an international Bank for 13 years and we were constantly doing tests and checks on Money Laundering, this ranks up at the top.
I still say, that despite all the internal crap we had about ML and sanctions etc, all the really rich people would avoid these because the heads of the banks are in it with them.I worked in the banking sector for about the same amount of time as you, in financial crime. The problem with laundered money is that once integration has been achieved it is a bit like tying to remove the raw eggs from a baked cake.
And JP Morgan Chase and many others involving trillions of pounds.I still say, that despite all the internal crap we had about ML and sanctions etc, all the really rich people would avoid these because the heads of the banks are in it with them.
Look at HSBC and Barclays in more recent times, all guilty of helping launder money.
Tbf - he’s always said he doesn’t want the debt repaid before all of this.Who forgives 1.5 billion debt? Doesn't make any sense.