Chelsea sign Wesley Fofana - Official

[PAULCFC]

Not an accountant by any means,but surely if Chelsea are paying the debt straight to the lending bank wouldn't they be responcible for any interest as well?

[Paninistickers]

1 hour ago, Lambert09 said:

the only reason i’m slightly worried is because we also did this in the summer and that cash was never visibly accounted for. we assumed it was for the stadium build or transfers but it obviously wasn’t the latter. 

 

if it is for general  cash flow we are in proper trouble 

It's not a recent thing. We've been robbing Peter to pay Paul since the Mahrez deal. So, what, 4 years of TV deal money? I've found it bemusing since day 1....but it's clearly part of KPs MO, as it were. 

 

Make money, shift money, create money, swap money, clean money. Bob Maxwell used to do it til Mossad bumped him off. It's all financial smoke and mirrors. 

 

 

[MPH]

9 minutes ago, Paninistickers said:

It's not a recent thing. We've been robbing Peter to pay Paul since the Mahrez deal. So, what, 4 years of TV deal money? I've found it bemusing since day 1....but it's clearly part of KPs MO, as it were. 

 

Make money, shift money, create money, swap money, clean money. Bob Maxwell used to do it til Mossad bumped him off. It's all financial smoke and mirrors. 

 

 

 

id be very surprised if  we are the only club that do this..

[moore_94]

11 minutes ago, MPH said:

 

id be very surprised if  we are the only club that do this..

Us, Brighton, Wolves, West Ham, Aston Villa, Brentford, Burnley, Watford, Sheff Utd

 

Those are the clubs that have used Macquarie and Barclays to borrow against future TV money or future transfer fee payments in the last year or so just from going through Kieran Maguires tweets

 

Then there will be other clubs doing this with other facilitators or doing it as a loan from the owner etc.

Edited 8 November 2022 by moore_94

[st albans fox]

42 minutes ago, PAULCFC said:

Not an accountant by any means,but surely if Chelsea are paying the debt straight to the lending bank wouldn't they be responcible for any interest as well?

No

if we are borrowing against future payments then we pay interest to the bank

 

chelsea are simply meeting the negotiated payment terms of the deal with us 

[AyewJoking]

2 hours ago, HarryDee8 said:

Why not sell off Perez, Vestergaard, sourmare, ihenacho and use the money to buy players?

 

Why we keeping a squad of players who are not  good enought to make  first team

Genius

[Hamilton Fox]

Borrowing the money so we can offer Maddison and tielemans mega money to stay

[stu]

 

[moore_94]

Apparently went off holding his knee

[Paninistickers]

15 minutes ago, stu said:

 

Good. I never ever wish ill on a player, with two exceptions. Dennis Wise (Eric Hall too, but he weren't a player) and this young man.

 

He shook hands on a deal, took the money, then shat on the deal. The football gods dishing up just desserts, as they always do in the end

 

[Jattdogg]

Not our problem anymore.

 

 

Fck chelsea anyways

[Foxes1]

Danny Drinkwater mk 2

[Guest Dirkster the Fox]

Never nice to be wishing ill on people.

 

That said a little bit of Karma can be healing............

[Lambert09]

Chelsea are as bad at managing injuries as us.  You give a player a run out because the time works for their recovery. Not because it’s their last chance to pick up minutes before the season resumes 🤷‍♂️

Edited 20 December 2022 by Lambert09

[Miquel The Work Geordie]

"He looked upset as he went off injured" is such a non phrase that doesn't add anything to a story, anyone ever gone off injured with a big grin across their chops?

[Sharpe's Fox]

12 minutes ago, Miquel The Work Geordie said:

"He looked upset as he went off injured" is such a non phrase that doesn't add anything to a story, anyone ever gone off injured with a big grin across their chops?

Shinji.

[Chrysalis]

On 08/11/2022 at 10:15, Foxxed said:

Financially, Youri walking is a huge mistake. Another reason Braybrooke needs to be integrated to ease some of next season’s pain.

 

But isn’t this loan to get us the Fofana cash early, in time for the jan window, rather than an indication of financial problems?

I would say if we need to borrow to fund a transfer window, its an indication of financial issues probably cash flow.  Its the sort of thing you expect Norwich to do.

Doing external loans with interest attached, suggests KP are pretty much still broke or any desire to fund the club is diminishing.

Next season accounts be interesting as has been suggested on here that the KP loan might have been (partially) recalled.

All this expected really with how high we let our wages to turnover get.  It was only going to end well if we either substantially increased turnover (CL?) or owner cash injection to plug the holes.

[Aus Fox]

2 hours ago, stu said:

 

Phrases I wish I had seen more often at the World Cup “Mason Mount didn’t feature”

[AyewJoking]

Hope Wes is ok.

 

[Guest Col city fan]

Is he still injured anyone know?

[lifted*fox]

imagine wishing injuries on people ffs 

 

some bitter guys about 

[Steve_Guppy_Left_Foot]

Personally don't wish him to get injured but can't say hearing about it brings out the same sympathy from me when majority of our ex players get injured. Just a shrug. 

[KFS]

Oh dear. Anyway

[don_danbury]

1 hour ago, lifted*fox said:

imagine wishing injuries on people ffs 

 

some bitter guys about 

can't see too many people wishing injuries on him. just a few saying they really don't care.

i think it's kinda funny how they spent 55m and 75m on 2 very injury prone defenders. then you chuck in 35m for DD  
 

[Cincinnati Fox]

What is our add on structure?

I assume we need him to play and Chelsea to be successful to get them.