Come here to laugh at the Fascist, Failing Chavs

[1991Spurs]

If that money isn't accounted for, 17 PL clubs are going to go apeshit. This sort of thing is unprecedented, and whilst they'll probably avoid going bust, this is going to be messy.

Edit imagine Man City and Newcastle will be quiet.

 

[ShutUpPatrik]

I expect Levy of all people to be fucking all over this particularly now we have a DoF and he should have a lot more time on his hands.

Dan is 100% following this like a wolf tracking a deer.

He's probably ready to reach out to any of the losing bidders once the deal is done to see if they are interested in investing in Spurs instead.

 

[r-u-s-x]

They must be fucked. This £1.5bn has to be accounted for in some fashion because otherwise it was free money, massively breaching rules.

Where's the popcorn?

It was within the rules FFP is rolling year lag (or 3 years in some cases of losses) so if it broke the rules they would have faced consequences by now.

Where they may be fucked is how do they pay off the loan while being frozen.

 

[Bazali]

Yeah I know that but simply to put them cunts in a good position.
They get another sugar daddy throwing billions at them.








Not that I'm paranoid or nothing.

*anything

 

[Shotgunofmichalebrow]

I expect Levy of all people to be fucking all over this particularly now we have a DoF and he should have a lot more time on his hands.

Yep this is like sooooo Levy, time he'll be putting on the infinity gauntlet intent on a fisting. The only genuinely great thing about Daniel is he really really hates Chelsea.

 

[Don Corleone]

Are Chelsea seriously going to be bust? Surely not?

 

[Shadydan]

Are Chelsea seriously going to be bust? Surely not?

Don't be silly, somehow they'll come out of this smelling like roses as per...

 

[Don Corleone]

Don't be silly, somehow they'll come out of this smelling like roses as per...

And probably win the league next season. It’s what Chelsea do ain’t it? Jammy wankers. Hate them.

 

[Airfixx]

And probably win the league next season. It’s what Chelsea do ain’t it? Jammy wankers. Hate them.

It's a loving kind of hate though, isn't it.

 

[Brian Fantana]

I expect Levy of all people to be fucking all over this particularly now we have a DoF and he should have a lot more time on his hands.

He quite rightly hates them ever since the Arnesen business. He aint going to miss the opportunity to fuck them over in some way if he can.

More than anything he will be interested in the price as I bet he values us higher than the chavs.

 

[stevee]

*anything

*Deliberate

See only fools and horses ".......nor nuffink like that".

 

[stevee]

It was within the rules FFP is rolling year lag (or 3 years in some cases of losses) so if it broke the rules they would have faced consequences by now.

Where they may be fucked is how do they pay off the loan while being frozen.

It was within FFP rules as a loan.

Once it ceases to be a loan (being written off it becomes owner investment) it breaks FFP rules.

 

[Tomo]

It was within FFP rules as a loan.

Once it ceases to be a loan (being written off it becomes owner investment) it breaks FFP rules.

Government will find a fudge if Abramovich is willing to actually sell without any money coming his way (that is still up for question), however it will create chaos as it will be seen as the government bailing out Chelsea which other prem clubs will go mad over.

 

[r-u-s-x]

It was within FFP rules as a loan.

Once it ceases to be a loan (being written off it becomes owner investment) it breaks FFP rules.

Yeah I think that converting may break the rules now but him giving that free money in the first place either as debt or equity was within FFP. There are no rules that owners investment needs to be a loan they are restricted on how much but he could have just given that money, correct?

 

[SpiderSpurs]

 

[Shotgunofmichalebrow]

And probably win the league next season. It’s what Chelsea do ain’t it? Jammy wankers. Hate them.

I don't think they will cease to exist (go bust) but right now today...I fail to see how they can avoid some kind of financial incurred points deduction or possible demotion. Its why Spurs need to take every point they can no matter what. No more golf

 

[N17-Tommo]

And that is the llong and short of it.. As much as it would be great and we have our hopes up, them going bust is never going to happen unfortunately.

 

[Shotgunofmichalebrow]

And that is the llong and short of it.. As much as it would be great and we have our hopes up, them going bust is never going to happen unfortunately.

Yeah super brain Jordan is overlooking the real deadline which is June 8th when the EPL has to have the coming season rota finalised. If they are still dickering with where the 'charity' money is going....hello national league

 

[Andy66]

And that is the llong and short of it.. As much as it would be great and we have our hopes up, them going bust is never going to happen unfortunately.

You broke me. I refuse to believe they won’t go bust.

 

[r-u-s-x]

I don't think they will cease to exist (go bust) but right now today...I fail to see how they can avoid some kind of financial incurred points deduction or possible demotion. Its why Spurs need to take every point they can no matter what. No more golf

New owner takes on the debt and chelsea still have an interest free loan that needs to paid off... As its a Roman company they can't pay off until govt say so... Status quo possibly