Friday, August 5, 2011

Chelsea's biggest debt

Roman Abramovich believe could comply with FFP.
    Chelsea's biggest debt came from loans as owner Roman Abramovich. The amount of debt amounting to 734 million pounds in part for the purchase of star players.
    For example when they make a purchase of two players at once, namely Fernando Torres and David Luiz in January. But Chelsea believe will be able to balance their finances over the past three seasons before FFP rules applied thoroughly. In fact, six months before purchasing it, precisely on June 30, 2010, Chelsea are known to experience loss of 70.9 million pounds. That number rose to 26.5 million pounds compared to the previous year.
     It is worthy of regret because of previous Chelsea managed to reduce the amount of their debt in 2007 and 2008. Therefore, the losses rose to 26.5 million pounds in 2009 to make observers wonder whether the Chelsea suffered a setback in financial trouble?
     Management The Blues believe they will be able to reduce the amount of the debt for the next three years. The conviction was based on a new contract jersey sponsorship and sales estimated at 30 million pounds a year. Not to mention the additional funds from the broadcasting rights of the impressions the Champions League and Premier League.
     That number will grow even if they could sell the name of the Stamford Bridge Stadium whose value is estimated at 10 million pounds per year. Number of Chelsea's debt is larger than Manchester United. But Chelsea do not have to pay any interest because creditors are Abramovich. Unlike Manchester United must pay great interest because as owner, the Glazer family devote their debt to the club's balance sheet. After Manchester United and Fulham to be debtors to the three, despite status as a mediocre club. Debt is of course very difficult for them, given Fulham depends only on the Mohammed Al-Fayed as the owner.

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