More from Kieran Maguire on implications for Chelsea: “Chelsea’s wage bill is round about £28m a month. We don’t know how much cash they have in the bank. The most recent accounts we have are from June 2021 when there was £16m in the bank. Abramovich has been injecting money into Chelsea on a regular basis over recent years and presumably that won’t be able to continue. "The concern might be what happens if Chelsea’s cash reserves are insufficient to pay their wage bill but presumably the government and Premier League, who have been working on this, will have been looking at it to try to minimise disruption on a club level. “We need to see the terms of any sale licence. Presumably, the government would be in a position to ensure any funds from the sale of the club would go into an account that they can monitor to ensure that none of the proceeds go to Abramovich. "He’s said the money would be paid into some form of funds to relieve victims in Ukraine so clearly the government would be careful to monitor how that money was collected from the sale of the club and then probably freeze it before releasing it to the appropriate sources." Lol
gonna have to jump on some refugee boat if they getting to their match against Lille next week costs about 20k for a private Jet that’s their budget gone
NEW Posted at 13:33 BREAKINGPremier League Statement Following the UK Government’s announcement that sanctions have been imposed against Roman Abramovich, the Premier League can confirm tonight’s match between Norwich City FC and Chelsea FC will go ahead as planned. The Government has issued an initial licence to enable Chelsea FC to continue to train, play its fixtures and fulfill its obligations for the rest of the season. The League will now work with the club and the Government to ensure the season will proceed as planned and in line with the Government’s intention.
If the government are involved, then I'll be expecting all Chelsea players to be moved on to the national minimum wage.
Oooft Here is more from Culture Secretary Nadine Dorries on how the government has attempted to sanction Roman Abramovich while still protecting English football. “If it sells tickets and it sells merchandise, Abramovich who owns the club, will benefit. That can’t happen. Our focus was on protecting the club and the national game, and the fans, that was our focus and we think we’ve done that by the licence measures that we’ve put in place.” Asked about the negative impact the sanctions could have on Chelsea's revenues, Dorries added: “Well sanctions have consequences and that’s a fact. “Abramovich has links to Putin who is mounting a barbaric and evil attack against the people of Ukraine. This government, we in this department, stand with the people of Ukraine. "As I’ve said, I’m afraid sanctions have consequences. Abramovich’s actions have consequences too.”
We need to have a whip round for the Chavs. No hotel - they can borrow my tent No money for new kit - I've got some 2nd hand trainers from ebay Anybody else chip in ?
The problem as I see it with the sanctions, is Chelsea Football Club can no longer operate at the level to which they are accustomed. So players can't expect the same pay nor can they expect the same transport or accomodation when travelling. They will now have to live with in their means, see Piskie's list above.
Exactly. Cut your cloth accordingly They've been artificially propelled to the top for donkey's by Roman's bent cash And now the reaper has come to collect his dues.
Some good news for Chelsea in that Fulham more than likely will be promoted to the EPL and is walking distance from Stamford Bridge.
