Reports show the holding company is up to 1.1billion in debt with 7% interest and payment is due on 700 million in 2027 Meanwhile the accounts published by cheslea indicate a profit made for the year due to selling their assets off to their holding company. They seem to not care at all. They have bought Jackson replacement (delap) and are now buying delap's replacement (pedro) in the same window and will buy Pedro's replacement by the end of the window. They have bought so far Yet another 6 for 20 mil. 5th or 6th one at the club. Another 10 in paez for 10 but he's not good enough so will buy another. Thry have of course palmer, dewsbury hall, Felixstowe and nkunku They have gittens coming for lw that's more cash. All but done i think. Thry have George who never played ,neto. Madueke, mudryk (drugs) and sterling coming back. They bought a rw for 30, estevao buy have maduekue, neto They had no 9 apparently bar Jackson, fofana, broja, guiu, Felix and delap. It makes total sense to buy Pedro's to add to that little lot. The important point here is that all this is not improve their team at all. Their keeper is **** Their rb situation is dodgy Their lb cucurella not covered Their cbs ain't all that Two cms are 220mil or so but they keep buying more. Palmer is 10 but has stopped playing And their new front 3 are all being replaced before preseason starts!!!! Chelsea defence is not good enough.
they are working the loopholes left open to them. At some point, you’d think it will come back to haunt them but so far, apparently not.
Until that holding company goes bust they are golden. Not only that but in effect they are writing down players.on a 5 year basis against tax and then the player inflation and super long contracts enbale them to sell at a profit. For me fifa rules need to change. Maximum 10 loanees per season. They have a huge amount out on loans. Close all shell company and multicultural ownerships. The lot should go.
