We're rich!

Discussion in 'Chelsea' started by spectra, Jun 7, 2003.

  1. spectra

    spectra New Member

    Aug 8, 2002
  2. Clan

    Clan Member

    Apr 23, 2002
    The corrected list

    Real Madrid £180m
    Man Utd £148.1m
    Juventus £139.3m
    Bayern Munich £125.7m
    Milan £115.5m
    Chelsea Village £115m
    Barcelona £105.7m
    Roma £102.7m
    Liverpool £99m
    Arsenal £91m
    Internazionale £89.8m
    Leeds £81.5m
    Lazio £80m
    Dortmund £73.1m
    Newcastle £70.9m
    Tottenham £65m
    Leverkusen £57.1m
    Celtic £56.9m
    Aston Villa £46.7m
    Rangers £44.8m

    Chelsea football club would be somewhat further down the table.
     
  3. leftwing

    leftwing Member

    Dec 9, 1999
    Lake Bluff, Il
    Clann--further down than Aston Villa? Or just further down from being in the top 10? I have a feeling that those numbers are not completely accurate. If they are anything like the way they are done over here, lots of revenue gets hidden from the tax man by having it not shown directly on the club's books. Helps when negotiating players' salaries to be able to claim you are making less money.
     
  4. Clan

    Clan Member

    Apr 23, 2002
    I Remember this was done last season as well and Chelsea-or CV to be exact-were considered the 4th richest club in the world.

    It was/is all very misleading however.
    For starters it does not show any net profit amounts for any of the clubs, rather, it gives the gross income.This of course being any and all money that came into the clubs coffers.
    That doesn't necessarily equate to a healthy or even profitable situation.
    This is proven to no end with the case of CFC/CV.

    The vast empire that Bates has built is quite large with its nightclubs, restaurants, hotels, bars health clubs, travel agencies etc etc etc has all it's income lumped into the earnings of "Chelsea".

    If i remember right the actual amount that Chelsea took in from a football point of view was about 76 million last season.Again, of course, these are all gross figures and all subject to great speculation.

    As anyone who has been following Chelsea in recent years will tell you, geting a straight answer out of Bates regarding the financial matters that is whole truth is like looking for the holy grail.
     
  5. BridgeMonkee

    BridgeMonkee BigSoccer Supporter

    Jul 25, 2002
    Club:
    Chelsea FC
    The top 20 with the highest revenue in million of euro ...The Italian Perspective :)

    LA CLASSIFICA DELLE ENTRATE
    Ecco la classifica della rivista World Soccer
    Pos. Società Milioni di euro

    1 Real Madrid 252
    2 Manchester United 207.3
    3 Juventus 195
    4 Bayern Monaco 176
    5 Milan 161.7
    6 Chelsea 161
    7 Barcellona 148
    8 Roma 143.8
    9 Liverpool 138.6
    10 Arsenal 127.4
    11 Inter 125.7
    12 Leeds 114.1
    13 Lazio 112
    14 Borussia Dortmund 102.4
    15 Newcastle 99.3
    16 Tottenham 91
    17 Bayer Leverkusen 80
    18 Celtic 79.6
    19 Aston Villa 65.4
    20 Rangers 62.7

    I was watching FSW report last night and they were discussing this, talking about Chelsea being a surprise inclusion and Arsenal being so low down because they are “handicapped” by the limits of their stadium – the capacity. And I was thinking well, Chelsea are also very limited by the restrictions placed upon them by the council and they are “handicapped” or rather capped in terms of crowd attendance. Games gainst Man U could easily fill a 60,000+ stadium. Chelsea has a HUGE fan base throughout London and the south of England. Just saying.

    Yeah it is ONLY revenues, still they’re pretty good revenues non? A lot of people are buying in, and once we all weather this bad economy, and the “teething” problems of some of our new business ventures, who knows how well we’ll be doing 4-5 years from now eh? I think one has to have a little optimism sometimes.
     
  6. Clan

    Clan Member

    Apr 23, 2002
    The fact that we are still around alone is qyite a step from the days when Cabra went belly up and the Bank of Scotland actually owned the club.

    Massive strides have been taken since then-no doubt.

    The problem is the way in which we took those steps.The day of judgement will be at hand in 2007, and God help us if we can't meet that Euro Bond repayment.

    Although i think one would be a fool to think that Bates has any intention at all of trying to repay it as there has been no monies put aside for this repayment, rather, the monies have been sunk into the club and it's various other off field interests.

    No, i believe, as many others do, that he will try and somehow refinance the whole deal.There is simply no way that we could make that repayment now, even if he was totally committed to doing so.
    The vast amounts of money that would have to be put aside each and every week simply are not there if we are to keep running the club as it is today.

    Written in 1999

    Thru march 2003

    As you can see the only difference is the amount of loss

    Someday soon, and it's going to be real soon i think, the whole idea of Chelsea Village is going to have to be looked at in a fresh light.
    Perhaps that day will only come when ol Ken has passed on, who knows?
    I just hope we still have a quality football club left when that day arrives.

    But, in reality, i look back upon 2 thinks that saved the club during the dark and forgotten (new fans wise anyway) days of the 80's when we spent more time in the lower division than i care to remember.

    #1 the away win in the last away game of the season against Bolton.

    #2 Ol Kenny decided that by hook or by crook he was going to save Chelsea FC.
     

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