Vietnam
Thailand
Real Madrid confirm Chelsea worst fears over £84m issue
Football clubs like to plan their budgets three, four or even five years in advance. At the moment, Chelsea do not have that luxury. There are simply too many moving parts.
Chelsea’s Profit and Sustainability Rules (PSR) position is just the tip of the iceberg as far as financial variables are concerned, with the club having lost over £350m in the last three years alone.
While results on the pitch this season have been encouraging, there has been no resolution to the power struggle between Todd Boehly and Behdad Eghbali. Not publicly, at least.
Chelsea’s plans to redevelop Stamford Bridge (Eghbali’s preference) or up sticks in favour of a new stadium altogether (Boehly’s long-term plan) are also still in limbo.
Either way, while the consensus among experts is that Chelsea do need to take action at their home in West London, it will saddle the club with enormous debt.
There are other more immediate issues too, such as Chelsea’s failure to secure a front-of-shirt sponsor.
Todd Kline, the new commercial supremo at Stamford Bridge, could still salvage some revenue this season from that situation. However, it will likely be at least £35m less than the £60m they were targeting.
Perhaps the biggest issue of all, however, is barely being discussed, neither among the fanbase or most of the media. But more on that later.
For now, Chelsea’s finance department need to at least know the baseline revenue numbers they are working with.
And yet even that continues to elude them, with the latest developments from Real Madrid of all places highlighting what is becoming a growing frustration for the club.
The Most Popular
-
Manchester United Ready to Offload Struggling Star After Disappointing Season -
Tottenham Chase Survival Boost in Crucial Leeds Clash -
Napoli Eye Champions League Spot Against Struggling Bologna -
Bhayangkara FC and Madura United Set for Crucial Battle -
Napoli vs Bologna Prediction: Serie A Preview, Team News & Expected Lineups -
Borneo FC Target Sixth Straight Win Against Bali United
Telegram
Facebook
X