Roman Abramovich plans to sell Chelsea | SOLD for £4.25BN

Dave Smith said:
As a resident in the area (who has a couple of friends in the real estate busines), the problem with EC is that it missed the boat a little. Vauxhall/Nine Elms/Battersea are absolutely flooded with high spec flats that cannot be sold. I'll give an example.

My gf lives on the site of the US embassy and lives in one of the more recently developed blocks. In her block floor 12 has sold all flats, floor 11 has sold all but one, floor 10 has sold 2 out of five and the rest of the block is completely empty; no investor buys, nothing. Popping up next to her are another four blocks. At Battersea, occupancy is around 30% atm. With the site having around 5000 flats, give or take.

In Ealing, there is a similar problem with the Filmworks development that is also struggling to sell. Whereas, if you go down to Croydon (12-15 mins buy train to London) it is a virtual building site with numerous developments struggling to sell (I am not sure on figures down there.)

As a result, EC doesn't really have a residential marker. Especially as you got the Chelsea Barracks development vlose by (again not privy how this is selling.)

As a result, a lot of residential equity firms, are looking to the EU to invest.

Essentially, there is no need for another mega development of flats in SW London (there is a need for affordable housing, but no one touches that as their is no profit there.)

As a result, EC doesn't have many options. Chelsea actually makes a lot of sense for them, as SB could be developed into a very high end housing project (not flats) owing to its location ad EC could be used as a stadium/events site like previously.

No RA, also helps with the political climate/reaction.
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Very interesting. I work in a pub in Chelsea and live in sands end. My gf recently bought a flat in Wandsworth but was looking at flats in vauxhall, nine elms too. Pretty much all of SW. The big issue she had with all the new builds in those places, absolute ghost towns. No atmosphere, no community, just empty flats left ,right and centre.

Bit of a waste really.
 
TheReligion said:
Called it

The whole club operating model will change.

It won’t be the same Chelsea running smoothly without any change (as some suggested)
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Was obvious to everyone except Chelsea fans their whole structure will change.

It'll be a completely different Chelsea on and off the field next season I reckon.
 
SalfordRed18 said:
And some on here will still have you believe Chelsea is a better buy than say Newcastle.
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They probably are, for a particular type of investor. Newcastle are going to need massive investment to get to where Chelsea are now. If like most football investors you are looking for a club to have as an asset on your books and to take dividends, then Newcastle are not for you. Chelsea probably aren't either, but they tick a lot of boxes that Newcastle don't.

The problem Chelsea have is that they have been living beyond their means for 2 decades. Fan expectation is sky high and to maintain that status quo you are not going to be making any money as an owner, and its probably going to cost you £50-100m a season.
 
feck Chelsea and feck their ownership. The hand wringing in this thread is beautiful.
 
Zaphod2319 said:
FM6pDgPXoAAbp_c
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Florentino, please sign Marina :drool:
 
Your heart bleeds for them. This is the true atrocity that's happening this week.

 
I love all this 'football above finances' stuff. What that means is wed like someone else to subsidize 80m a year so we can continue to operate as we do.
 
SalfordRed18 said:
Was obvious to everyone except Chelsea fans their whole structure will change.

It'll be a completely different Chelsea on and off the field next season I reckon.
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Chelsea can be still successful if we avoid expensive flops like Torres,Lukaku,morata,drinkwater,bakayoko,kepa.

Need to strengthen scouts and give full control to tuchel and Cech for identifying and signing players. Of course it's not easy like Roman days but we are in better place than before Roman took over.

I also think consortiums who want money to suck will not going to buy Chelsea. Because more than 2 bn investment made by some won't let the asset to crash down. So either a state backed investor or wealthy billionaire will buy from Roman in my opinion.

And also our expensive purchases more than 50 mn full of flops ,and at best average(pulisic havertz). If Chelsea concentrate on under valued players such as kante,rudiger,Mendy with pretty good academy we still able to create very competitive teams.
 
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ShinjiNinja26 said:
Just wanted to let you know my post was directed at the tweet you posted about Staveley and not a direct insult to you. Obviously a case of crossed wires as I’ve just received a warning. :lol:
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No way :lol::lol:
 
Rajiztar said:
Chelsea can be still successful if we avoid expensive flops like Torres,Lukaku,morata,drinkwater,bakayoko,kepa.

Need to strengthen scouts and give full control to tuchel and Cech for identifying and signing players. Of course it's not easy like Roman days but we are in better place than before Roman took over.

I also think consortiums who want money to suck will not going to buy Chelsea. Because more than 2 bn investment made by some won't let the asset to crash down. So either a state backed investor or wealthy billionaire will buy from Roman in my opinion.

And also our expensive purchases more than 50 mn full of flops ,and at best average(pulisic havertz). If Chelsea concentrate on under valued players such as kante,rudiger,Mendy with pretty good academy we still able to create very competitive teams.
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Yep. It's going to be quite the reading experience when people work out the great decline isn't going how they've pictured it, again.
 
ShinjiNinja26 said:
Just wanted to let you know my post was directed at the tweet you posted about Staveley and not a direct insult to you. Obviously a case of crossed wires as I’ve just received a warning. :lol:
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Oh wow :lol:
 
ShinjiNinja26 said:
Just wanted to let you know my post was directed at the tweet you posted about Staveley and not a direct insult to you. Obviously a case of crossed wires as I’ve just received a warning. :lol:
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Oh, I know that mate! I didn't think it was aimed at me at all , just messing about :lol:

And I didn't snitch on you, either!
 
Rajiztar said:
Chelsea can be still successful if we avoid expensive flops like Torres,Lukaku,morata,drinkwater,bakayoko,kepa.

Need to strengthen scouts and give full control to tuchel and Cech for identifying and signing players. Of course it's not easy like Roman days but we are in better place than before Roman took over.

I also think consortiums who want money to suck will not going to buy Chelsea. Because more than 2 bn investment made by some won't let the asset to crash down. So either a state backed investor or wealthy billionaire will buy from Roman in my opinion.

And also our expensive purchases more than 50 mn full of flops ,and at best average(pulisic havertz). If Chelsea concentrate on under valued players such as kante,rudiger,Mendy with pretty good academy we still able to create very competitive teams.
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Chelsea is very likely to end up similar to Arsenal and Spurs in terms of financial power, which is coming down in the world but not a bad place to land.
 
Powderfinger said:
Chelsea is very likely to end up similar to Arsenal and Spurs in terms of financial power, which is coming down in the world but not a bad place to land.
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Quite possibly but we'll (hopefully still) have a big advantage on both of you which will be in the dugout (Conte won't stay at Spurs).

We've seen with Klopp, Fergie and 06-10 Wenger how a quality coach can hide flaws in the boardroom.
 
Dancfc said:
Yep. It's going to be quite the reading experience when people work out the great decline isn't going how they've pictured it, again.
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People said it before when ffp first came into the scene. We couldn't survive this and that but after that won pl and cl twice.

Of course nobody will predict the future but we have now enough to be optimistic as a club. Very good training facility,very good academy and most importantly Roman will not hand over his empire to some money leeching people. He loves the club as much as a very passionate match going fan.
 
ShinjiNinja26 said:
Just wanted to let you know my post was directed at the tweet you posted about Staveley and not a direct insult to you. Obviously a case of crossed wires as I’ve just received a warning. :lol:
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Ha ha you were reported?!

Rajiztar said:
Chelsea can be still successful if we avoid expensive flops like Torres,Lukaku,morata,drinkwater,bakayoko,kepa.

Need to strengthen scouts and give full control to tuchel and Cech for identifying and signing players. Of course it's not easy like Roman days but we are in better place than before Roman took over.

I also think consortiums who want money to suck will not going to buy Chelsea. Because more than 2 bn investment made by some won't let the asset to crash down. So either a state backed investor or wealthy billionaire will buy from Roman in my opinion.

And also our expensive purchases more than 50 mn full of flops ,and at best average(pulisic havertz). If Chelsea concentrate on under valued players such as kante,rudiger,Mendy with pretty good academy we still able to create very competitive teams.
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Dancfc said:
Yep. It's going to be quite the reading experience when people work out the great decline isn't going how they've pictured it, again.
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I think what you’ll all need to accept is you won’t be operating as you used to. Roman was arguably the ideal owner. He didn’t want to take money out and was happy to keep putting money in and happy to take on lots of debt himself preventing it from hitting the club.

You’ll do very well to find an owner who will do this. A consortium will want profit and to be able to run normally like other clubs.

With all due respect some of you won’t have experienced that given RA has been at your club for 19 years. Your whole structure is going to change. Marina leaving today is more evidence of this.

I think you’re absolutely burying your heads if you think things will crack on as normal. That’s not to say you’ll fade in to obscurity but it doesn’t need to be one extreme or the other. The impact will be significant.
 
Rajiztar said:
People said it before when ffp first came into the scene. We couldn't survive this and that but after that won pl and cl twice.

Of course nobody will predict the future but we have now enough to be optimistic as a club. Very good training facility,very good academy and most importantly Roman will not hand over his empire to some money leeching people. He loves the club as much as a very passionate match going fan.
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You arguably only survived it as you put it because of RA! That’s the point. He’s been great for you.Too good in fact.
 
Dancfc said:
Quite possibly but we'll (hopefully still) have a big advantage on both of you which will be in the dugout (Conte won't stay at Spurs).

We've seen with Klopp, Fergie and 06-10 Wenger how a quality coach can hide flaws in the boardroom.
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And the ruthless culture Roman created that won at all cost will not move away too easily. We are still a very young team with winning experience of cl. We will see.

Hope whoever buy the club need to trust Tuchel and Cech to continue their football side of business. Commercial they can take care of it.
 
TheReligion said:
Ha ha you were reported?!




I think what you’ll all need to accept is you won’t be operating as you used to. Roman was arguably the ideal owner. He didn’t want to take money out and was happy to keep putting money in and happy to take on lots of debt himself preventing it from hitting the club.

You’ll do very well to find an owner who will do this. A consortium will want profit and to be able to run normally like other clubs.

With all due respect some of you won’t have experienced that given RA has been at your club for 19 years. Your whole structure is going to change. Marina leaving today is more evidence of this.

I think you’re absolutely burying your heads if you think things will crack on as normal. That’s not to say you’ll fade in to obscurity but it doesn’t need to be one extreme or the other. The impact will be significant.
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I'm under absolutely no illusion they'll be some changes but we have a good squad already here, an academy brimming with more talent than we know what to do with and most crucially of all a coach that can put it all together (I'm confident he'll stay as i read he was apparently going to settle for a Levekusen esque job out of the spotlight if the Chelsea job went tits up) which as we've seen with Liverpool can go a long way.

Will we be turning the PL into another Bundesliga anytime soon? Almost certainly not but whether people want to admit it or not we're a big club in the modern day and I'll be amazed if we're still not competive at the right end of the table to some degree or another.
 
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Is it weird to feel jealous that Chelsea is getting sold (even though it sucks for them), I wish we were too
 


Odd to say i hadn’t seen much video of him before the one I posted above. Comes off as humble and quite awkward. He did it right and who knows what would have happened if he bought United instead of Chelsea.
 
TheReligion said:
You arguably only survived it as you put it because of RA! That’s the point. He’s been great for you.Too good in fact.
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His 1.5 bn he loaned for club mostly for club s infrastructure related expenses. Cobham,training facility and academy related expenses. We are not some third tier club. We are generating better revenues than all the clubs in the world except some elite may be maximum ten.

Yes we can't operate like Roman days but still we can operate Liverpool like model and have great academy too.

If we avoid expensive mistakes to count them it's almost half a billion worth like Torres,kepa,morota,Lukaku,pulisic and havertz that's almost half a billion worth of players.

Chelsea got the base from Roman s time from fan base to commercial income as one of the biggest clubs. Its upto next management to make them stay there at top with less spending and investing wisely in players.
 
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Dancfc said:
Quite possibly but we'll (hopefully still) have a big advantage on both of you which will be in the dugout (Conte won't stay at Spurs).

We've seen with Klopp, Fergie and 06-10 Wenger how a quality coach can hide flaws in the boardroom.
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In the short term, Tuchel definitely gives you an advantage. And obviously you will also start with the best roster of current players.

In the longer term, I think the three clubs will be on roughly equal footing and relative success among them will just come down to which are the best run, which is good in the end.
 
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