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June 2 2024 6.03am

Josh Harris/Chelsea

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View chris123's Profile chris123 Flag hove actually 10 Mar 22 9.51am Send a Private Message to chris123 Add chris123 as a friend

From the BBC

Season ticket holders can still attend games they have tickets for but club can not now sell any more tickets that haven’t been sold already

The merchandise shop will be closed.


 

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View NEILLO's Profile NEILLO Flag Shoreham-by-Sea 10 Mar 22 10.07am Send a Private Message to NEILLO Add NEILLO as a friend

The players are assets....what happens to them I wonder ?

 


Old, Ungifted and White

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View est1905's Profile est1905 Flag 10 Mar 22 5.07pm Send a Private Message to est1905 Add est1905 as a friend

Originally posted by Midlands Eagle

It does make me laugh when Clueless Charlie accuses someone else of talking rubbish

There may well be no general rule in business but there is amongst Crystal Palace shareholders which has been done by shareholders agreement which is a very common type of agreement amongst company shareholders.

How do I know this? Parish has mentioned it on more than one occasions so may I respectively suggest that you stop sucking on those lemons

You're such a pompous idiot. You put a smilie up to hide your frustration that the intelligent amongst us see you for what you are.
Parish has never said everyone has to match each others investment. You just make it up as you go along. Presumably to appear knowledgable and clever. Sorry pal, it aint working. Never did.

 

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View Phil’s Barber's Profile Phil’s Barber Flag Crowborough 10 Mar 22 6.34pm Send a Private Message to Phil’s Barber Add Phil’s Barber as a friend

Originally posted by chris123

From the BBC

Season ticket holders can still attend games they have tickets for but club can not now sell any more tickets that haven’t been sold already

The merchandise shop will be closed.


Presumably that includes away supporter tickets not yet released for sale?

 

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View Midlands Eagle's Profile Midlands Eagle Flag 11 Mar 22 6.02am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by est1905

You're such a pompous idiot. You put a smilie up to hide your frustration that the intelligent amongst us see you for what you are.

I am amused that you see yourself amongst the more intelligent posters on this site as quite a few of us view you as just a legend in your own lunchtime.

I assume that your faux outrage is because I yellow carded you some years ago and you have been stewing over it ever since

 

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View Nicholas91's Profile Nicholas91 Flag The Democratic Republic of Kent 11 Mar 22 6.14am Send a Private Message to Nicholas91 Add Nicholas91 as a friend

Easy gentlemen...

'Tis Friday after all, and Brighton have Livarpool tomorrow so let's finish the week and look forward to a damn good thrashing on the south coast tomorrow lunchtime And I'm not talking about anyone bumping into Willo here!

 


Now Zaha's got a bit of green grass ahead of him here... and finds Ambrose... not a bad effort!!!!

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View antipodeagle's Profile antipodeagle Flag Wellington 11 Mar 22 8.35am Send a Private Message to antipodeagle Add antipodeagle as a friend

Originally posted by NEILLO

The players are assets....what happens to them I wonder ?

They are income generating assets; particularly those out on loan. I would have thought the sensible thing from a government's perspective would be to let them keep generating income to meet the running costs of the club (including presumably a large number of Brits employed), but prevent their sale.

However, the initial sanctions seem to prevent any further income being generated except by payments already committed to by season ticket holders. (Not sure of the legal ramifications if season ticket holders decided not to pay their remaining instalments. I think the club might struggle to enforce the original terms).

So taking this logic another step, feasibly the government could terminate/suspend all loan arrangements as well. Which would be a bummer for us for obvious reasons, but a relatively small sacrifice if it ultimately contributes to some form of Russian step-down (although that's a very long bow to draw).

Edited by antipodeagle (11 Mar 2022 8.36am)

 

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View Badger11's Profile Badger11 Flag Beckenham 11 Mar 22 10.08am Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by antipodeagle

They are income generating assets; particularly those out on loan. I would have thought the sensible thing from a government's perspective would be to let them keep generating income to meet the running costs of the club (including presumably a large number of Brits employed), but prevent their sale.

However, the initial sanctions seem to prevent any further income being generated except by payments already committed to by season ticket holders. (Not sure of the legal ramifications if season ticket holders decided not to pay their remaining instalments. I think the club might struggle to enforce the original terms).

So taking this logic another step, feasibly the government could terminate/suspend all loan arrangements as well. Which would be a bummer for us for obvious reasons, but a relatively small sacrifice if it ultimately contributes to some form of Russian step-down (although that's a very long bow to draw).

Edited by antipodeagle (11 Mar 2022 8.36am)

I think this is the one area where the government will have to change their rules. Players have human rights and I suspect that if say CG wanted to sign for Palace and Chelsea were in agreement that it would be against his human rights to prevent this after all he is not being sanctioned himself.

My guess is that at some point Chelsea will be allowed to sell players but the money would then go into a government controlled account.

The current restrictions only apply to the end of May so are about stopping RA from plundering the club now, after that by the time the transfer window opens there will be new rules.

Edited by Badger11 (11 Mar 2022 10.09am)

 


One more point

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View MrRobbo's Profile MrRobbo Flag Purley 11 Mar 22 10.26am Send a Private Message to MrRobbo Add MrRobbo as a friend

Originally posted by Badger11

I think this is the one area where the government will have to change their rules. Players have human rights and I suspect that if say CG wanted to sign for Palace and Chelsea were in agreement that it would be against his human rights to prevent this after all he is not being sanctioned himself.

My guess is that at some point Chelsea will be allowed to sell players but the money would then go into a government controlled account.

The current restrictions only apply to the end of May so are about stopping RA from plundering the club now, after that by the time the transfer window opens there will be new rules.

Edited by Badger11 (11 Mar 2022 10.09am)

I think its exactly that. Give them time to keep the fixtures in place and work out how to play it in the summer.

I suspect that something might happen before then as I can imaging Chelsea will start to have issues with some of the sanctions. Tickets, away travel etc.

On a side, I wonder how much they usually spend on away game travel - I bet its more than the limit set.

 

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View Dubai Eagle's Profile Dubai Eagle Flag 11 Mar 22 10.34am Send a Private Message to Dubai Eagle Add Dubai Eagle as a friend

Some articles have suggested that with player salaries being £28 million a month on the months where there wasnt enough money in the CFC account to pay the players RA wrote a cheque to cover the difference, well clearly thats not going to happen in future, so if the club dosent get new owners soon it may become a case of having to sell players to cover the balance.

Additionally - it feels as though things for CFC are going to get worse before they get better so if you were a prospective new owner you might be encouraged to gamble on letting things get worse in order to be able to buy the club at a reduced rate.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 11 Mar 22 11.01am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Dubai Eagle

Some articles have suggested that with player salaries being £28 million a month on the months where there wasnt enough money in the CFC account to pay the players RA wrote a cheque to cover the difference, well clearly thats not going to happen in future, so if the club dosent get new owners soon it may become a case of having to sell players to cover the balance.

Apart from the fact that Chelsea can't sell players until July what would happen to the proceeds of sale?

This sanction has been very poorly thought out and seems like a knee jerk reaction to get Starmer off Boris's back and I have no doubt that it will be quietly amended shortly

 

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View NEILLO's Profile NEILLO Flag Shoreham-by-Sea 11 Mar 22 11.17am Send a Private Message to NEILLO Add NEILLO as a friend

Originally posted by Midlands Eagle

Apart from the fact that Chelsea can't sell players until July what would happen to the proceeds of sale?

This sanction has been very poorly thought out and seems like a knee jerk reaction to get Starmer off Boris's back and I have no doubt that it will be quietly amended shortly

That's my take on it too. They had to do something and so rushed the ' licence ' agreement through.

My guess now is that Chelsea will be sold for a comparatively low price v. what RA originally wanted, via another Government agreed license. So attracting buyers would not be an issue. And to keep the club financially viable, a deal needs to be done sooner rather than later.

One thing is for sure is that the new owners won't be playing fast and loose with the finances. A major reset in the way the business is run is a dead cert.

 


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