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Very good points. It is interesting to think how “big” are they if you remove the Russians money. Would they operate like us and Woolwich? Or would they be more of a West Ham?

They where West Ham before the money, they were going bankrupt when Ken Bates got them in huge debt like Leeds then Abramovich saved them.

It was

Woolwich




Tottenham








Chelsea - West Ham





Fulham - Palace - Charlton
 
I don't know the details but didn't Harding do a lot to turn their fortunes around, or did that fall apart after his tragic death?

Well before Abamovich bought them they had £70m debt they where about to default on. Not sure about Harding but without Abramovich they would have gone the way of Leeds.

 
I don't know the details but didn't Harding do a lot to turn their fortunes around, or did that fall apart after his tragic death?
Well before Abamovich bought them they had £70m debt they where about to default on. Not sure about Harding but without Abramovich they would have gone the way of Leeds.


Harding can bee seen as responsible for things improving on the pitch pre-RA, but financially BK & MH just kicked the can further down the road.
 
Does *anyone* know what happens to the £1.5bn that is on the books as a “loan”?

Does that just get lumped in as part of the £4.25bn?

Does it get written off? One way of getting round FFP I suppose.

So it looks look they have fallen in a bucket of shit and come up smelling of roses then.
 
Oh 100% to the points raised.

Not a chance Chelsea were gonna face any sort of punishment in the slightest and that this was always gonna pass.

Seems to be and always will be nowadays that you can get away with anything in the premier league but if you are a lower division team you get the book thrown at you.
 
Load of bollocks, was always going to happen.

Chelsea: Premier League approves takeover deal from Todd Boehly consortium​

By Dan Roan - BBC sports editor

The “fit and proper” test already allowed the likes of Abromovich, Shinawatra, Bin Salman and even Mike Ashley to buy clubs. Why they keep up this facade is anyone’s guess.
 
Al Bundy would've.
Kelly Bundy would have (gratuitous chance to post an image).

oswhlxzigsh11.jpg
 
They were never going to be destroyed, the government didn't want that on their hands. But Boehley is Kroenke light. This is very good for us. Roman was having to pump in £100M/yr to keep them spinning (and even then they've been receding for years). Boehley can't and won't do that.

They're finding financial religion just in time to watch our finances soar while they're trapped in that little west end shithole.
 
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