acnumber9
Full Member
- Joined
- Jun 21, 2006
- Messages
- 22,605
What needs to be looked at is whether Chelsea could’ve sustained their finances and position in the game without the artificial growth of a billionaire pumping money in and writing it off. The answer is they wouldn’t. And they aren’t financially stable because of how well run they are.That is what needs to be looked at. It is all great saying, 'well Chelsea were £1.5bn in debt' as they really weren't; all that was really happening was that an individual investor was pumping his own money into his own asset in order to stimulate growth
They really were in that debt. The circumstances and what may have happened aren’t really relevant. They spent way above their means. Way, way above.