- Joined
- Dec 21, 2017
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- Chelsea
A good season for me is a very comfortable top 4 finish (say 3rd but just under City-Arsenal by a hair) and a cup. Next season we can go full steam ahead with the challenge.
We had our time when we were doing that. We made several of the most expensive transfers in history, all within a couple of years of one another. They all turned out terriblyBoehley is like an American Abramovich. I remember when Roman first came into the League; he was spending money like a kid in a candy store too.
How come Chelsea is so blessed? Meanwhile, we are scraping around for a few quid to pay players off.
True this. Its basically starting from zero from the Chelsea point of view from board to players. Minimum is CL place and tittle is the bonus for them. They just litterally crash down the whole house and rebuild it. I always have soft spot for Chelsea and kinda envy their way of doing the business with football side.Expecting almost literally an entirely new team under a brand new manager to challenge a winning machine who have been under their manager for ages and are completely settled just isn’t happening. Maybe in the pre-Pep era anything less than a title challenge would be a failure.
The remit for this season after all this money spent should be a top 4 finish. Really, without European football it should be to have a comfortable top 4 finish.
Boehley is like an American Abramovich. I remember when Roman first came into the League; he was spending money like a kid in a candy store too.
How come Chelsea is so blessed? Meanwhile, we are scraping around for a few quid to pay players off.
I know right. I thought after roman left they'd be finished but Boehly is just roman supercharged
Chelsea are a striker signing away from being a real threat and I would not put it past them signing one either.
What are you so impressed by with Chelsea's way of doing business?True this. Its basically starting from zero from the Chelsea point of view from board to players. Minimum is CL place and tittle is the bonus for them. They just litterally crash down the whole house and rebuild it. I always have soft spot for Chelsea and kinda envy their way of doing the business with football side.
Their owners were and are ruthless and cut throat with the way they dealing with players and the footballing system be it loophole and ways of circumvent it. Sometimes i think United are tie down by the view that we are holier than thou and morally look down on others that we enjoy all the hate but scoff at some of the ways other clubs doimg business. Cant we be ruthless and good at the same times with players and the footballing authority.
What are you so impressed by with Chelsea's way of doing business?
It amounts to throwing a lot of money at relatively unproven talent. No real mastery behind that. It's money talking, paying over the odds on many of them which of course means the deals happen.
It's brave from Boehly, I'll give him that because he's chucking a billion quid at something and trusting his sporting and recruitment team to produce. But it's more the mountains of cash that is to be envied than an enviable way of doing business from my perspective. I think every football fan wants to see more cash being spent.
I think a lot of the praise you're dishing out is more attributable to the old regime than the new. After all Boehlynomics has only been in place for a year, and it does represent quite a sea change from what Abramovich was doing. Back then it was ruthless but it was also strategically sound and the decision making was correct. So I don't think it can be all thrown under one blanket. Ultimately they were absolutely dreadful last season in the one season under Boehly and that was at least partly due to decisions he made, especially with weak managers combined with a high turnover of players. Football moves on and Chelsea have moved on, I don't think the fact they won every 3/4 years is relevant to this new strategy which will stand or fall on its own merit.The way of doing business in a ruthless way and find ways of getting the talents either by paying the money or through youth set up. They get a lot of best talents and recycle them year on year and sell at a good price point. They have a very good set up with the business side. You see us having bad players that will stay around for years and our decision with players sales or loan are so out of point compare to other clubs. Chelsea has money, City do, so do us, we spend more that them according to the data and see what got us, it just we dont know how to spend and dont know when to sell. Eg, Sancho, we have to wait for him to turn good, to be fit and after 2 years, he still the same, this year hes going to be bad again. Then we wont be able to sell him.
We can say that Boehly is nuts and spend like crazy and will have problem with FFP but then again City and other club that win will still win. We see him build an entire new team and start afresh with all the talents that im sure most of us wants on here. I think he knows that the football money is not drying up like we think, juat look at the American football and Basketball. The potential for football is still huge becaue its a global sport that plays and watch globally.
Im not saying that we dont love and take care of our players as a club but sometimes we have to be ruthless and be on point with our decision. Maybe its the Glazers that are responsible because everything have to go through them. You see that Chelsea always win every 3/4 years and we still clutching at straw after 10 years.
I think a lot of the praise you're dishing out is more attributable to the old regime than the new. After all Boehlynomics has only been in place for a year, and it does represent quite a sea change from what Abramovich was doing. Back then it was ruthless but it was also strategically sound and the decision making was correct. So I don't think it can be all thrown under one blanket. Ultimately they were absolutely dreadful last season in the one season under Boehly and that was at least partly due to decisions he made, especially with weak managers combined with a high turnover of players. Football moves on and Chelsea have moved on, I don't think the fact they won every 3/4 years is relevant to this new strategy which will stand or fall on its own merit.
We won't be saying Boehly is fantastic if most of these players flop and they're lumbered on long contracts. We won't be saying the rationate for all this spending was fantastic if they don't substantially improve and compete for trophies within a couple of seasons. So I'd say it is very much under the microscope at the moment and we'll see.
The thing I envy is that they have a lot of money and aren't afraid to spend it more than anything amazing I've seen within their setup. We have spent money, pissed it away, but we also haven't spent what this club was capable of if all of its resources could be used, or the ownership pumped some in occasionally. Boehly seems to have more money than God and that's what they are hoping moves the needle more than anything.
Chelsea have clearly learned from what barca did to them last summerAre the scousers looking at signing any strikers?
Absolutely!We would have been better off spending 60 on this guy than mount. You can point to casimero being our dm but think he can easily be more in the mould of say a jordan Henderson as he surprisingly showed last season.
I told you not to laugh; now see what you did.We are laughing at Chelsea and Liverpool getting fleeced now but whomever misses out on Lavia is going to go for Amrabat next.
But you don't know yet whether all their unproven kids they signed are going to turn out to be good. It's a risky gamble at this pointThe way of doing business in a ruthless way and find ways of getting the talents either by paying the money or through youth set up. They get a lot of best talents and recycle them year on year and sell at a good price point. They have a very good set up with the business side. You see us having bad players that will stay around for years and our decision with players sales or loan are so out of point compare to other clubs. Chelsea has money, City do, so do us, we spend more that them according to the data and see what got us, it just we dont know how to spend and dont know when to sell. Eg, Sancho, we have to wait for him to turn good, to be fit and after 2 years, he still the same, this year hes going to be bad again. Then we wont be able to sell him.
We can say that Boehly is nuts and spend like crazy and will have problem with FFP but then again City and other club that win will still win. We see him build an entire new team and start afresh with all the talents that im sure most of us wants on here. I think he knows that the football money is not drying up like we think, juat look at the American football and Basketball. The potential for football is still huge becaue its a global sport that plays and watch globally.
Im not saying that we dont love and take care of our players as a club but sometimes we have to be ruthless and be on point with our decision. Maybe its the Glazers that are responsible because everything have to go through them. You see that Chelsea always win every 3/4 years and we still clutching at straw after 10 years.
Romeo Lavia contract = £53m plus £5m in add-ons after rejecting a higher offer of £60m from Liverpool.
Why does this constantly keep happening? This part is beyond me.
Can someone explain to me, has Uefa restricted the length of contract so Chelsea can't sign all these players on 7,8 years and spread the FFP.
Can someone explain to me, has Uefa restricted the length of contract so Chelsea can't sign all these players on 7,8 years and spread the FFP.
UEFA changed FFP guidelines so that the books presented for FFP can only have transfer fee amortisation spread over a maximum of 5 years, even if the contract is longer.
But surely it's a rolling 5 year period, mathematically speaking. So year 1 is highest amortisation, which they can use current sales to offset. Then the next year the reduced capital value will be spread over 5 years, reducing the amortisation in year 2 and so on.UEFA changed FFP guidelines so that the books presented for FFP can only have transfer fee amortisation spread over a maximum of 5 years, even if the contract is longer.
Can someone explain to me, has Uefa restricted the length of contract so Chelsea can't sign all these players on 7,8 years and spread the FFP.
But surely it's a rolling 5 year period, mathematically speaking. So year 1 is highest amortisation, which they can use current sales to offset. Then the next year the reduced capital value will be spread over 5 years, reducing the amortisation in year 2 and so on.
But surely it's a rolling 5 year period, mathematically speaking. So year 1 is highest amortisation, which they can use current sales to offset. Then the next year the reduced capital value will be spread over 5 years, reducing the amortisation in year 2 and so on.
I don't know. It's generally assumed the remaining value to amortise is spread evenly over the X years. Amortisation also supposedly reflect the use you had of the asset and its growing obsolescence -in my understanding- and that makes more sense for machines to assume it's a flat rate. Perhaps clubs are allowed to spread it differently ? I'll let an accountant enlighten us.
It's all a bit hollow, isn't it? Chelsea are a very soulless club.Chelsea won the lifetime jackpot didnt they
First Roman, now this guy.
It's all a bit hollow, isn't it? Chelsea are a very soulless club.
It's because footballers are considered depreciating assets through the duration of their fixed term contracts. There has to be a standardised way to establish player value for bookkeeping purposes since they get sold partway through deals all the time - and using some sort of rating system or whatever based on data would be impossible to justify and would be easily exploited. As such, transfer fees are simply divided by the years remaining on the deal, with the player's book value decreasing linearly.
Well, they have a lot to prove. Roman brought many PL titles and two CL's.Chelsea won the lifetime jackpot didnt they
First Roman, now this guy.
That was what I assumed but not being an accountant I couldn't definitely answer the question. It would be of course a very wide loophole if you could shift around the rate of amortisation. Players are not machine but it's the most sensible compromise to treat them as any other physical asset.
I think the part that is hard to wrap around is that amortisation is a theorical value, it's not a payment due and does not correspond to money moving. It's an accounting convention (and not one uniform, as UEFA has different rules than the PL presently) to calculate the value of an used asset. It only ever gets "real" when the player is sold mid-contract to determine if you sold it at a loss or not. (That's the baby talk explanation but I believe the broad lines are correct).
You can't levy year after year 5x the spending because you spread amortisation, at one point if 200m have gone out you need to have 200m come in (either through revenue, player sales, sponsorship, etc).
Why does this constantly keep happening? This part is beyond me.
But if UEFA are capping it at 5 years, then isn't the contract effectively being 'extended' each year if a player has a base contract of longer than 5 years. For example, Enzo has 8.5 years left now, so UEFA will use 5 years for FY24. But as we move to FY25, is the remaining balance not going to be divided by 5 again instead of 4 years? For example, suppose someone is bought for 100m on a 10 year contract: UEFA will use an amortisation of 100m/5 = 20m in year 1. The net carrying value will be 80m after the amortisation. So next year, do they not amortise 80m/5 = 16m in year 2 (still 9 years left on the contract) vs. the 20m in year 1? And this will continue until less than 5 years are left.No, this is incorrect.
Amortisation is distributed evenly over the length of the contract. If a player signs an extension to their deal, however, the remaining book value yet to be accounted for gets further amortized over the length of the extension. Chelsea were doing something sneaky with this as well since Enzo, for instance, signed an 8.5 year deal with one year as an option, which has already been triggered. So his cost was higher last year and has gone down slightly going forward.