JerusalemMan
Chris Perry
When when when will this house of cards fall down around them?
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Cheatski are still scum
- Thread starter NewYorkSpurs
- Start date
Someone must do. Not me though.
markysimmo
Johnny nice-tits
So have sold the womens team to another one of Boehly's companies
Chelsea declare a profit for 2023/24 before taxation of £128.4m compared to a loss of £90. 1m for the prior year.This was down to "increased profit on disposal of player registrations and repositioning of Chelsea Football Club Women Ltd". The women's team was sold from Chelsea Holdings to BlueCo.Chelsea add that "this new approach will ensure CFCW has dedicated resources, management and commercial leadership solely focused on the growth and success of the women’s team."Overall revenue in the year fell to £468.5m due to the men’s team not competing in the Champions League. Matchday revenue increased to £80. 1m as an average attendance of approximately 40,000 was maintained.The growth in commercial revenue to £225.3m was driven by an increase in player loan income and sales of non-matchday activities, including stadium tours and merchandise sales.Decreased operating expenses, profits on disposal of player registrations of £152.5m and a profit on disposal of subsidiaries of £198.7m, led to the group recording an overall net profit of £129.6m after tax.
Chelsea declare a profit for 2023/24 before taxation of £128.4m compared to a loss of £90. 1m for the prior year.This was down to "increased profit on disposal of player registrations and repositioning of Chelsea Football Club Women Ltd". The women's team was sold from Chelsea Holdings to BlueCo.Chelsea add that "this new approach will ensure CFCW has dedicated resources, management and commercial leadership solely focused on the growth and success of the women’s team."Overall revenue in the year fell to £468.5m due to the men’s team not competing in the Champions League. Matchday revenue increased to £80. 1m as an average attendance of approximately 40,000 was maintained.The growth in commercial revenue to £225.3m was driven by an increase in player loan income and sales of non-matchday activities, including stadium tours and merchandise sales.Decreased operating expenses, profits on disposal of player registrations of £152.5m and a profit on disposal of subsidiaries of £198.7m, led to the group recording an overall net profit of £129.6m after tax.
markysimmo
Johnny nice-tits
ricky2tricky4city
Nayim
fudging hell.....what a complete farce
Bedfordspurs
Joe Kinnear
You sure?
At this rate they can sell anything for any fee and it’s fine because the rules don’t work
markysimmo
Johnny nice-tits
I'm surprised other teams haven't started to do the same to cook the books
Kandi1977
Vic Buckingham
It would be stupid to sell assets unless it's absolutely necessary. That's why others haven't done it.
They've been doing it jn the championship for years. Derby sold themselves their stadium, didn't villa do the same?
Luckily that is one thing chelsea can't sell.
markysimmo
Johnny nice-tits
But they are selling to themselves not an outside interest, no doubt Boehly will sell the hotels and womens team back to Chelsea for £3 in a few years
Kandi1977
Vic Buckingham
That loophole is closed. Transactions between assosiated parties need to be at market value.
They sold their soul years ago - not much left to sell after that....
Dicko
Pat van den Hauwe
They would just start a new one and sign all the players on a free
markysimmo
Johnny nice-tits
Sold my Punto to myself and now I'm a millionaire.