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mwg

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Registered: 19th Feb 04
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21st Jun 11 at 17:20

Get back in here and take back what you said Ben G. TAKE IT BACK

Nath

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21st Jun 11 at 17:20

FAO Ben G

mwg

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21st Jun 11 at 17:26

Rick Draper

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21st Jun 11 at 17:27

quote:
Originally posted by mwg

quote:
Originally posted by Ben G

quote:
Originally posted by mwg
How the hell are Chelsea going to be allowed in Europe when the rules come in to play when they go round splashing the money to release this guy, £50m on Torres, £20m on Luiz and then however much it'll cost for Falcao. They make no money, surely they are fucked long term?

[Edited on 21-06-2011 by mwg]

this coming from a man united fan spending ridiculous amounts on average english players.

Spending money that they made themselves, Ben G. Man United have got well over £100m in the bank, all their own money.

Chelsea and Man City do not make any money. They run at massive losses and go spending someone elses money.

We are spending our own money, unlike Barcelona and Real Madrid who spend the banks money.

Nath

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21st Jun 11 at 17:27

If that were Steve he would've found it as he does a search for his name everytime he logs on.

True dat.

mwg

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Registered: 19th Feb 04
Location: South Lakes
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21st Jun 11 at 17:30

quote:
Originally posted by Rick Draper
We are spending our own money, unlike Barcelona and Real Madrid who spend the banks money.

You're spending your owners money. Not the clubs money.

If the club was making £50-£100m profit a year and then chose to go out and spend that on players fair enough. But your not. Same applies for Chelsea.

Nath

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Location: MK
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21st Jun 11 at 17:32

Porto announce appointment of Vitor Pereira as new coach on two-year deal

They didnt hang around.

Conway563

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Registered: 7th Jun 06
Location: Yate, Bristol
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21st Jun 11 at 17:33

quote:
Originally posted by Rick Draper

We are spending our own money

Rick Draper

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Location: Cheshire
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21st Jun 11 at 17:37

quote:
Originally posted by mwg

quote:
Originally posted by Rick Draper
We are spending our own money, unlike Barcelona and Real Madrid who spend the banks money.

You're spending your owners money. Not the clubs money.

If the club was making £50-£100m profit a year and then chose to go out and spend that on players fair enough. But your not. Same applies for Chelsea.

So? Glazers spent the banks money so technically although you have £100m in the bank its money they should be using to pay for the club....

Nath

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Registered: 3rd Apr 02
Location: MK
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21st Jun 11 at 17:39

quote:
Originally posted by Rick Draper

quote:
Originally posted by mwg

quote:
Originally posted by Rick Draper
We are spending our own money, unlike Barcelona and Real Madrid who spend the banks money.

You're spending your owners money. Not the clubs money.

If the club was making £50-£100m profit a year and then chose to go out and spend that on players fair enough. But your not. Same applies for Chelsea.

So? Glazers spent the banks money so technically although you have £100m in the bank its money they should be using to pay for the club....

Do you know what Profit means?

mwg

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Registered: 19th Feb 04
Location: South Lakes
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21st Jun 11 at 17:40

They bought United, it's the Glazers debt, not Uniteds. Even though they are already using money from United to pay for it

Ben G

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21st Jun 11 at 17:42

lol sorry i left the internets briefly.

Nath

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21st Jun 11 at 17:43

Dont let it happen again.

Ben G

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21st Jun 11 at 17:44

ok dad sorry.

anyway, what happened to united being £800M in debt? did that just vanish?

mwg

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Location: South Lakes
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21st Jun 11 at 17:56

It's there. But they are meeting the payments and still making money.

Nath

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Location: MK
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21st Jun 11 at 17:57

It's like getting a loan against a car. You don't put every penny you earn into paying off that car as it is still worth something. I have a loan, but can still go out and buy an iPad or something.

[Edited on 21-06-2011 by Nath]

Russ

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21st Jun 11 at 18:31

announcement within the hour from chelsea

Jake

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21st Jun 11 at 18:38

tottenham would win

Tom

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22nd Jun 11 at 07:57

Some 'special' understanding of FFP rules/business going on in here

Nath

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22nd Jun 11 at 08:25

Liverpool don't have to worry about Europe so they'd be ok.

mwg

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22nd Jun 11 at 08:53

Yeah Ben G, get a grip FFS

Conway563

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22nd Jun 11 at 11:21

Confirmed on a 3 year contract

mwg

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22nd Jun 11 at 11:24

Fired by end of 2nd year when they've still got no Champions League trophy.

JonnyJ

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Location: Scotchland
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22nd Jun 11 at 13:11

quote:
Originally posted by mwg
How the hell are Chelsea going to be allowed in Europe when the rules come in to play when they go round splashing the money to release this guy, £50m on Torres, £20m on Luiz and then however much it'll cost for Falcao. They make no money, surely they are fucked long term?

[Edited on 21-06-2011 by mwg]

Easy. All abramovich has to do is setup a fake company/use one he already has then use them as a sponsor for the club so that they pay into the club whatever extra income they need. So many loop holes.

mwg

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Registered: 19th Feb 04
Location: South Lakes
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22nd Jun 11 at 13:14

quote:
Originally posted by mwg
I thought I had read that they can't do that either. Any deals that happen to do with sponsors or boxes and are linked to the owner have to be at what is deemed a normalish rate.

How they keep tabs on that I don't know

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