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April 25 2024 1.38am

Abramovic sanctioned

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View dreamwaverider's Profile dreamwaverider Online Flag London 10 Mar 22 12.33pm Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Government takes the view that football is at the heart of local community and they do not want to disrupt a local club. However their reported sanctioning of Chelsea will cause a major disruption for the club on many levels in the near term.
As always with Boris' rule they tend to act then think. Will be very interesting to see how this plays out and if Chelsea is supported to remain stable until a new owner is in place.
Im sure a resolution will take considerable time to be found.
As a glass half full merchant (or in the case of Palace, brimming over) I just hope that the outcome sees us getting at least one more season out of Connor but preferably a permanent move.

 

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View steeleye20's Profile steeleye20 Flag Croydon 10 Mar 22 12.50pm Send a Private Message to steeleye20 Add steeleye20 as a friend

Without due process its just theft.

 

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View kevlee's Profile kevlee Flag born Wandsworth emigrated to Lanc... 10 Mar 22 1.06pm Send a Private Message to kevlee Add kevlee as a friend

If this was a legal dispute and the court had granted a worldwide freezing order over a trading company's assets, the court could and would appoint a reciever to manage the assets in the interim. This would ususlally be an accountant. They would trade the business, sell the tickets (and possibly players) pay the wages and other bills and retain any profit under their control on behalf of the court, for the court to resolve later.
That seems to me to be the obvious solution here, but even so I doubt the club brings in enough to pay the wages. He doesnt make any money out of Chelsea, I belive his loans to the club are now some £3bn.
This will mean redundancies as I doubt the highly paid prima donna's who play for them will be willing to do so for nothing.

 


Following Palace since 25 Feb 1978

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 10 Mar 22 1.12pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Dubai Eagle

when a club goes into liquidation receivers are appointed to run the club & look after its interests until its either wound up or new owners are appointed - in this case who will run Chelsea whilst this situation unfolds or becomes resolved ?

As they like playing it so much lol

[Link]

 


COYP

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View Robk's Profile Robk Flag 10 Mar 22 1.12pm Send a Private Message to Robk Add Robk as a friend

Anyone know how long Conor’s contract with Chelsea is?

 

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View Painter's Profile Painter Flag Croydon 10 Mar 22 1.20pm Send a Private Message to Painter Add Painter as a friend

Originally posted by steeleye20

Without due process its just theft.

Isn’t that how Abramovich got his money in the first place, from the Russian people.

I can see this dragging on through the courts, as far as I know Abramovich hasn’t committed any crime in the UK. Being a friend of Putin isn’t a crime, questionable but not a crime. So how the Government can steal Chelsea is unclear.

 

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View Omph's Profile Omph Flag Liverpool 10 Mar 22 1.23pm Send a Private Message to Omph Add Omph as a friend

Originally posted by Robk

Anyone know how long Conor’s contract with Chelsea is?

It's a long long contract - he extended with them just before the loan

 

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View chris123's Profile chris123 Flag hove actually 10 Mar 22 1.25pm Send a Private Message to chris123 Add chris123 as a friend

Originally posted by Painter

Isn’t that how Abramovich got his money in the first place, from the Russian people.

I can see this dragging on through the courts, as far as I know Abramovich hasn’t committed any crime in the UK. Being a friend of Putin isn’t a crime, questionable but not a crime. So how the Government can steal Chelsea is unclear.

There wasn't a fit and proper 19 years ago I guess.

 

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View Willo's Profile Willo Flag South coast - west of Brighton. 10 Mar 22 1.25pm Send a Private Message to Willo Add Willo as a friend

Originally posted by Robk

Anyone know how long Conor’s contract with Chelsea is?

My understanding is that he signed a 5-year deal in 2020.

 

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View Robk's Profile Robk Flag 10 Mar 22 1.31pm Send a Private Message to Robk Add Robk as a friend

Even if it is 5 years ... would you want to stay... I don’t think so... this is going to be interesting... as they say a whole different ball game from now on!!!

 

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View Slimey Toad's Profile Slimey Toad Flag Karsiyaka, North Cyprus 10 Mar 22 1.42pm Send a Private Message to Slimey Toad Add Slimey Toad as a friend

Originally posted by Painter

Isn’t that how Abramovich got his money in the first place, from the Russian people.

I can see this dragging on through the courts, as far as I know Abramovich hasn’t committed any crime in the UK. Being a friend of Putin isn’t a crime, questionable but not a crime. So how the Government can steal Chelsea is unclear.

It seems being Russian is a crime at the moment. we don't appear to have offically declared war against the Russian Federation, so why are all these sportspersons being banned as if they tacitly support the invasion?

 

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View Badger11's Profile Badger11 Flag Beckenham 10 Mar 22 1.53pm Send a Private Message to Badger11 Add Badger11 as a friend

Well the sanctions are tougher than I expected. He can sell Chelsea but cannot benefit from it which does suggest if the club runs out of money a fire sale.

As others have pointed out players who contracts are up and academy players due to sign their first contract can't so maybe some rich pickings at there?

What no one has mentioned is next season? Chelsea fans who have tickets for this season are okay but after that nothing unless the government changes it's mind. With no revenue coming in (no TV money) will Chelsea be able to reassure the Pl that they can complete their fixtures?

My guess is there will be plenty of people within the club hoping RA sells.

 


One more point

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