Chelsea activated Olise 35m release clause.
Add him to the other list of under 23s they’re signing on nice 8 year contracts who will then be moved on in a couple of years
I don't think they can at that level but its all rumours. they are not in the CL or something?
not that is matters to them,
You are right these are all to be forgotten players who are there to be sold to take in money.
20 players in at 50 mil. =1 billion = 125million on the "balance sheet" per year per year.
therefore need to sell some of these players every year to take back in that 125mil (problem is only the ones who play might be worth havertz money, none of them will be worth the same amount by not playing)
the only question people should be asking (i suppose now) is how much money did Clearlake and their Saudi backers set aside for this process?
I mean there has to be some secret budget behind this spending that they are quite willing to just lose. As on the non balance sheet side in the P&L account they are paying out 1bil in this example and at best recouping maybe a quarter of it.
That's massive losses and not even PSG or anyone else can sustain it.
I could have written it as 2billion spend for all i know.
Look at year 1.
The went mad with money and spend a reputed 600million or so in 22/23 financial year. over god knows who long. say they are all 8 years. that 75mil a year amortisation to cover before thought of any prior clubs spend.
In that financial year up pops Man utd with 60 for mount and arsenal with 65 for havertz. Both first teamers of a reputation. FFC is easily covered
however theres a massive massive loos coming on th P&L account but that doesn't seem to matter to ffp?
I believe they will hit 400mil this summer. now divide that by 8. = 50mil.
so year 2 now looks like this
some figure for amortisation of pre boehley. ?
Year 2 amortisation of year 1 = 6000/8 =75mil
Year 2 spend amortisation = 400/8 = 50
totals is somewhere around 130-40mil say.
So how do they cover this and the wages and and and?
In short someone will want to be selling Hall, Cucurella, gallagher, hudson odoi, ziyech, lukaku
In other words they spend 70 mil on cucurella and have to sell him for 40 to keep the show on the raod and just keep accumulating losses in real cash agasint some budget.
year 3 amortisation budget will be even bigger if they keep spending
However the sick joke is they've inflated the market so much they might get 140 mil of that list of misfits.
Reality check is this
annual revenues 22/23 481mil
Net loss 121mil
wages 375mil
No sponsors (yet)
no cl football = -100mil
Yet they spend a billion.