- Moderator
- #1,076
How is it disastrous?
Football club finances / FFP
- Thread starter moomba
- Start date
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How is it disastrous?
- Sep 10, 2012
- 6,493
- 3,088
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- St Kilda
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- Al-Nassr FC
Its just an insurance policy that Roman took out on Chelsea.
- Moderator
- #1,078
How does that work?
- Sep 10, 2012
- 6,493
- 3,088
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- St Kilda
- Other Teams
- Al-Nassr FC
Because I believe Roman can recall the debt from Chelsea giving 18 months notice.
- Moderator
- #1,080
So he can recall money that he owes himself. OK.
- Sep 10, 2012
- 6,493
- 3,088
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- St Kilda
- Other Teams
- Al-Nassr FC
Its a complex loan that he hasn't written off even though he can.
- Moderator
- #1,082
- Sep 10, 2012
- 6,493
- 3,088
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- St Kilda
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- Al-Nassr FC
You need 2 parties for a loan to exist
SM
Bigfooty Legend
Only in the sense of two separate legal entities. I can loan myself money if I set up a company where I'm the sole director.
- Moderator
- #1,085
And he owns both parties, so he owes himself the money. As i said earlier.
- Sep 10, 2012
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- 3,088
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- St Kilda
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He's chosen to setup companies that distance himself from the club. RA only owes money for the cheap value of shares he bought I believe, other than that he setup everything as a loan.
- Moderator
- #1,087
I guess you can believe what you want to believe.
Not like hes going anywhere for a while anyways, plus he's about to build a sparkling new stadium too(more disastrous debt coming Romsns way hey). Futures bright for Chelsea fans.
- Dec 30, 2003
- 2,131
- 1,929
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- Western Bulldogs
- Other Teams
- Bulldogs / Willy / Palace
Thank goodness the AFL have a well administered salary cap, helping to provide a relatively level playing field where the smartest, not richest, clubs win the title / premiership.
- Moderator
- #1,089
TooUglyForFugly
Brownlow Medallist
- Aug 15, 2009
- 21,235
- 12,395
- AFL Club
- North Melbourne
Sydney notwithstanding.
SM
Bigfooty Legend
Ahem.
- Dec 22, 2009
- 62,725
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- Hawthorn
- Other Teams
- Matildas/Socceroos/LFC/MVFC/RCStrasbourg
A system so good that the teams from non AFL states need consistent propping up which rewards teams for finishing 18th instead of 9th is not a good system at all.
- Sep 10, 2012
- 6,493
- 3,088
- AFL Club
- St Kilda
- Other Teams
- Al-Nassr FC
There's no ambiguity for me to believe one way or the other, everyone knows there's a debt.
Hard to say if there'll be more debt with the a new stadium, depends if he sets it up as a loan or not. Also hard to know if he'll be going anywhere for a while as he never speaks. He's good at inspiring faith in Chelsea fans though as he's a quality business man. If he was gonna walk the public and fans would most likely be the last to know.
- Moderator
- #1,094
It really doesn't bother me mate(all just figures for others to get frothy about) he owes himself some money, meh. If you think it means something else, good for you.
In concern about Roman, I was a Chelsea fan before he got here and still be one when/if he sells the club to someone else. Life goes on.
In concern about Roman, I was a Chelsea fan before he got here and still be one when/if he sells the club to someone else. Life goes on.
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SM
Bigfooty Legend
You mean there are no sides in AFL states that do need propping up?
WBD, North, St Kilda, Melbourne, Port, etc.?
TooUglyForFugly
Brownlow Medallist
- Aug 15, 2009
- 21,235
- 12,395
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- North Melbourne
Indeed. Because Carlton needs and deserves its favoured fixture ... and Richmond for that matter.
SM
Bigfooty Legend
Not denying you. Just suggesting the AFL isn't just helping the northern states.
moomba
TheBrownDog
- Thread starter
- #1,099
Brand Finance 2015 report http://www.brandfinance.com/images/...the_world_s_most_valuable_football_brands.pdf
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