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CHELSEA -Value for money?

Discussion in 'The Premier League' started by littleDinosaurLuke, Jul 14, 2015.

  1. CFC: Champs £launderx17

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    Club is worth £800m, he bought it for £120m, if he sells he gets big chunk of cash back.

    Club will be worth over a billion with new stadium, TV deals and more success under Jose.

    I would not worry about Roman too much
     
    #21
  2. NSIS

    NSIS Well-Known Member

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    Yes! That's exactly my point!! It's the value of the real estate more than anything else that has made him money. CFC, as a footballing enterprise alone, has cost him money.
     
    #22
  3. CFC: Champs £launderx17

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    It is only a 12-acre site, I think the club and brand is worth more than the land (Arsenal and Spurs stadiums will be bigger sites: 20 acres maybe?) because it attracts TV and commercial revenue.

    TV and commercial revenue dwarfs stadium revenue and land values these days.

    Of course he has lost money on transfers, wages and sacking managers.

    But now the club is the best run in England, winning titles, making money all within FFP.

    Our wage bill is smaller than Arsenal's now and our net spend was minimal last season
     
    #23
  4. NSIS

    NSIS Well-Known Member

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    You clearly have no concept of the value of property in that area!! I suggest you look at Rightmove, or similar. It will give you an idea of just how valuable that "only 12acres" is!...
     
    #24
  5. UnitedinRed

    UnitedinRed Well-Known Member

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    Chelsea keep Roman alive. Thats the truth of it all. Makes him a very public and popular figure* protected by UK law.
     
    #25
  6. UnitedinRed

    UnitedinRed Well-Known Member

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    Spurs and Liverpool talk about net spend. Think about it <ok>
     
    #26
  7. NSIS

    NSIS Well-Known Member

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    Er...I think you have that the wrong way around! I believe it's Roman who's been keeping Chelsea alive!....
     
    #27
  8. CFC: Champs £launderx17

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    I've always lived in the area and own a house here too, so I realise it is of course it is worth a lot of cash. But the ability to pocket TV and commercial revenue will be the main earner in the future. That's what the club's value will be based on, more so than land value.

    Is 12 acres of land in sw6 worth more than 20 acres in N7?

    How much do you think 12 acres is worth?
     
    #28
  9. UnitedinRed

    UnitedinRed Well-Known Member

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    Hes owed about a billion.
     
    #29
  10. UnitedinRed

    UnitedinRed Well-Known Member

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    True. Chelsea wouldnt exist of not for Roman. They would be a reborn amateur side playing non league football.
     
    #30

  11. NSIS

    NSIS Well-Known Member

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    All the signs are that Central London property prices will continue to rise, crazy as it seems when bedsits ( quaintly referred to as studios) no bigger than a box, sell for £500,000+ So, to answer your question, yes the value of Stamford Bridge will probably continue to rise.
     
    #31
  12. NSIS

    NSIS Well-Known Member

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    The value of those 12 acres would depend, to an extent, on what planning permission could be obtained. As residential property, the value would be staggering!! Think of what one flat sells for in that area!
     
    #32
  13. Star of David Bardsley

    Star of David Bardsley 2023 Funniest Poster

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    Abramovich could walk away one day a billion quid down and it wouldn't matter a jot to him.

    He definitely enjoys the power and notoriety owning Chelsea gives him. Also now he is famous as well as rich his chances of being bumped off are considerably smaller which I think was a big part of the reason for him buying a football club.
     
    #33
  14. NSIS

    NSIS Well-Known Member

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    I don't believe that Abramovich is in any particular danger of assassination. Unlike Berezovsky, who was also high profile, Abramovich has been a good boy, and agreed to sell his Sibneft shares back to the Russian state, as he was asked to do.

    He, also has not made the mistake of becoming political. Many of the other Oligarchs who plundered the state assets under that old drunk, Yeltsin, made the mistake of becoming political and challenging Putin. Virtually all are imprisoned, or mysteriously dead!
     
    #34
  15. PleaseNotPoll

    PleaseNotPoll Well-Known Member
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    I don't think that Abramovich is protected by his fame at all. Putin doesn't seem to give a flying ****.
    NSIS is right about him playing ball. Do the right thing and you'll be fine. Do the wrong thing and it won't end well.
     
    #35
  16. UnitedinRed

    UnitedinRed Well-Known Member

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    Roman worries about Roman enough for all of us.

    So Chelsea are worth 800million, minus the 1billion Chelsea owe to Roman...

    -200million. Its just like the Bates days <whistle>
     
    #36
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  17. UnitedinRed

    UnitedinRed Well-Known Member

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    Hes significantly less likely to be targeted by have british intersts. It certainly does protect him.
     
    #37
  18. PINKIE

    PINKIE Wurzel Gummidge

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    #38
    UnitedinRed likes this.
  19. UnitedinRed

    UnitedinRed Well-Known Member

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