Chelsea FC- News, Developments & Season

[Bigpokey24]

[Bigpokey24]

[Bigpokey24]

Chei Chelsea's fixtures after Sheff and Everton ..oh boy that one nah real fire on the mountain, City, Villa, Spurs, Westham assanal oh boy

[Scipio Africanus]

Chei Chelsea's fixtures after Sheef and Everton ..oh boy that one nah real fire on the mountain, City, Villa, Spurs, Westham assanal oh boy

[Coach]

What Pochettino is doing at the Bridge beggars belief. Quite incredible.

[Bigpokey24]

What Pochettino is doing at the Bridge beggars belief. Quite incredible.

[Bigpokey24]

na when dem go fire pochetino, and ship out junks like Badashille and Dsasi?

[Scipio Africanus]

na when dem go fire pochetino, and ship out junks like Badashille and Dsasi?

[balo]

How Chelsea are staying within PRS :

• Sold a hotel to BlueCo for £76.3m, which is allowed in the PSR calculations.

• £203m in player sales in 22/23, with a net trading profit of £62.9m.

• Mason Mount’s transfer fee already on the books for next season.

• All signings from January 2023 agreed to have a salary cut if UCL wasn’t achieved.

• £100m+ in sales targeted this summer, to help fund 3-4 key signings this summer. (More academy players to be sold - Gallagher, Chalobah, Ian Maatsen)

[balo]

A few points on Chelsea's 2022/23 accounts.

Club maintain they are confident of avoiding PSR breaches. They have been pretty consistent on this point and are in keeping with the £105m allowable losses for the cycle ending 2022/23.

There are some concerning numbers at face value: £90.1m pre-tax losses, a £404m wage bill, and £745.2m spent on new players (1 July, 2022- 30 June, 2023) with £454.1m after the financial year cutoff, and worth bearing in mind ahead of the next books. Amortisation is also up from from £162.5m to £205m.

Arguably the most worrying number is the £249m operating loss, which is a Premier League high for 2022/23. Leicester (£152m) and Everton (£115m) are also in the top four operating losses and both got charged.

But unlike Leicester and Everton, Chelsea raised £203m from player sales and made a net trading profit of £62.9m.

And, crucially, the sale of a hotel from Chelsea to BlueCo for £76.3m is understood to count as part of PSR calculations, even though it's excluded under EFL rules. It's worth noting, this won't help with UEFA's FFP.

The next set of books, for 2023/24, will reflect only Clearlake-Boehly's tenure, and the drop-off year is the one with Covid allowances.

The £55m sale of Mason Mount to Manchester United is already on next year's books. Newcastle are expected to list Lewis Hall's £28m (when triggered) on 2025/26 not 2024/25, but buyer and sell can actually declare a transfer on different financial years under some circumstances, so that one remains a bit unclear for now.

Chelsea's wage bill will also decrease when the next set of figures come out due to the lack of European football under a new incentive-driven structure. It's understood all new signings from January 2023 agreed to a salary cut if #UCL wasn't achieved. This won't entirely compensate for the lack of Champions League or European football this season, though, which is another big hit to the books.

Player sales between now and June 30 will provide a fuller picture. Sources still insist £100m+ in outgoings are as much about raising funds to help complete a four-window recruitment plan, as well as navigating an inflated market which clearly Chelsea have obviously contributed to.

The numbers do look relatively bleak, but post-tax and with allowable deductions they become slightly more palatable, hence why #CFC have not been charged to date.

Key is how 2023/24 affects the club, and regardless of breaches, how much budget they have and/or can raise, to bring in 3-4 key signings this summer.

Regardless of domestic financial rule changes expected to be ratified this summer, PSR will be in place for the three-year monitoring cycle ending 2023/24. And even under new rules, points deductions are here to stay.

Chelsea insist they are not concerned, and the good news a bit further down the line is they are guaranteed Club World Cup income. This can be put on the 2024/25 books, even though the tournament ends in mid-July.

[Bigpokey24]

https://theathletic.com/5412296/2024/04 ... ed-article

chelsea just sold a hotel for 73M

[Bigpokey24]

A few points on Chelsea's 2022/23 accounts.

Club maintain they are confident of avoiding PSR breaches. They have been pretty consistent on this point and are in keeping with the £105m allowable losses for the cycle ending 2022/23.

There are some concerning numbers at face value: £90.1m pre-tax losses, a £404m wage bill, and £745.2m spent on new players (1 July, 2022- 30 June, 2023) with £454.1m after the financial year cutoff, and worth bearing in mind ahead of the next books. Amortisation is also up from from £162.5m to £205m.

Arguably the most worrying number is the £249m operating loss, which is a Premier League high for 2022/23. Leicester (£152m) and Everton (£115m) are also in the top four operating losses and both got charged.

But unlike Leicester and Everton, Chelsea raised £203m from player sales and made a net trading profit of £62.9m.

And, crucially, the sale of a hotel from Chelsea to BlueCo for £76.3m is understood to count as part of PSR calculations, even though it's excluded under EFL rules. It's worth noting, this won't help with UEFA's FFP.

The next set of books, for 2023/24, will reflect only Clearlake-Boehly's tenure, and the drop-off year is the one with Covid allowances.

The £55m sale of Mason Mount to Manchester United is already on next year's books. Newcastle are expected to list Lewis Hall's £28m (when triggered) on 2025/26 not 2024/25, but buyer and seller can actually declare a transfer on different financial years under some circumstances, so that one remains a bit unclear for now.

Chelsea's wage bill will also decrease when the next set of figures come out due to the lack of European football under a new incentive-driven structure. It's understood all new signings from January 2023 agreed to a salary cut if #UCL wasn't achieved. This won't entirely compensate for the lack of Champions League or European football this season, though, which is another big hit to the books.

Player sales between now and June 30 will provide a fuller picture. Sources still insist £100m+ in outgoings are as much about raising funds to help complete a four-window recruitment plan, as well as navigating an inflated market which clearly Chelsea have contributed to.

The numbers do look relatively bleak, but post tax and with allowable deductions they become slightly more palatable, hence why #CFC have not been charged to date.

Key is how 2023/24 affects the club, and regardless of breaches, how much budget they have and/or can raise, to bring in 3-4 key signings this summer.

Regardless of domestic financial rule changes expected to be ratified this summer, PSR will be in place for the three-year monitoring cycle ending 2023/24. And even under new rules, points deductions are here to stay.

Chelsea insist they are not concerned, and the good news a bit further down the line is they are guaranteed Club World Cup income. This can be put on the 2024/25 books, even though the tournament ends in mid-July.

[Bigpokey24]

nah real wah for Chelsea

[Bigpokey24]

[Bigpokey24]

[Bigpokey24]

[Bigpokey24]

what a goal by Palmer

[balo]

[Bigpokey24]

Hatrick

[Bigpokey24]

10th league goal jackson

[balo]

Surely it won't be a game of halves.

[danfo driver]

The kid is incredible. I dont understand gow he wasnt promised Mahrez's position and convinced to stay.

In terms of talent, he is so far more talented and superior to Saka, its not even close. I will rank him higher in talent to Foden, although Foden is better right now. He just has to keep working hard and he will reach the top.

[balo]

Even Gilchrist got his goal.

Worst defeat of Sean Dyche's career.

Chelsea has to win the next game. No more dakudaji enterprise.