So you dont know then. A Chavski fan, who does not know what the project is, everybody else knows it but not the fans of the club, very sad state of affairs. As you dont know I will tell you...... ..... another day
Lol, so buying players counts as an exceptional cost? Yeah, it's really exceptional for a football club to ever pay a transfer fee For what it's worth, I reckon Chelsea probably will meet FFP, maybe with a few fines and warnings, but without serious sanctions. But that comment made me laugh!
Why must I give you a serious answer? You're an utter tool who created this article in an attempt to wum. Cock.
Never said that. The Torres+Luiz deal were done on the last transfer window where clubs could spend any amount of money which woudn't get affected by FFP. The exceptional costs from last years finance report are as follows: (a) £28 million – £15 million termination payments for Ancelotti + 13 million compensation for AVB - This could see the norm for chelsea, but UEFA views this as a one off. (b) £7.4 million – impairment of player registrations; (c) £6.4 million – payments to HMRC to settle the industry wide investigation into taxation of image rights. These figures were gotten from SwissRamble.
You would be right, if transfers were accounted for on a cash / cost basis. However they are actually reported on a capitalise and amortise basis. In other words, Chelsea don't just say "we have spent £70 million on these players so that is a £70 million loss". Instead they capitalise the cost of the players as assets and amortise it over the value of their contracts, usually five years. So basically as long as Torres and Luiz are still playing for the club until 2016, you will have a £14 million a year annual cost for their amortisation charges and that is included in FFP. That's not too much on its own, but add in £7m from Hazard, £5m from Mata, £4m from Lukaku, £3m from Meireles etc and it all adds up. Your amortisation charge was around £40m in 10/11, and you have bought another £120 million worth of players since then for another £24m on top of that, whilst not losing many players still in their amortisation period. So that is a burden you'll need to tackle, and I honestly doubt you'll be spending an average of £70m a year (over the last three seasons) once FFP has come in. As you say, there is a question over just how 'exceptional' those costs are for Chelsea. I suspect UEFA will overlook them in the first monitoring period, largely because they will want clubs to fall into line without having to actually ban anyone, but I think in the long term they will have to include termination payments and compensation payments if they want the rules to work fairly. After all, what's the difference between paying Ancelotti a termination payment to cover the wages he was owed, and actually just paying him his wages? And what's the difference between 'compensation' for AVB and a 'transfer payment' for a player? They both do the same thing - compensate a club for releasing an employee from their contractual obligations - so why should one be in and one out?
Why the hell are United fans talking about us? We aren't even your rivals. You lot seem awfully bitter since City battered you home and away to take the title to the better half of Manchester and since feel the need to have a dig at clubs that had far better seasons than you.
1. I asked about the Cheavski project. 2. Answer the question (if you can, as so far not one Chavski fan has, or more like cant) 3. You are rivals (remember you have won the Champions league) so you are now one of the BIG boys.
Chavski won't make FFP and RA knows it. He also knows they won't fluke another CL. So the Chavski project is to piss away a fortune, get banned from the CL and try to dominate the PL.
Oh no Ivor Biggun says we won't make FFP. That's it. We're doomed. IB understands FFP far better than RA. And RA now accepts that Chelsea won't make FFP now IB hath spoken. IB, have you told RA that all transfer fees and wages agreed before 2010 will be waived for Monitoring Period 1, 2, and 3?
Why should we be crying? We might not win the PL next year, but at the worst we'll be second to Citys first and give a good accounting. Chavski's latest, unproven, manager will be sacked by Christmas and 3rd + a good cup run is the highest you can hope to achieve.
IB have spoken. we're doomed... doomed. I'm throwing away my season ticket. Third and a good cup run... that's not good enough. I hate you Roman. I hate football. Unless Chelsea win the league every year, I will go and support United with the other plastics. DO YOU HEAR ME ROMAN?
IB is like eatcustard part 2 - a bitter glory hunting ****er who thinks United and Chelsea are arch enemies.
