allyuh hypocrits like to cry down Roman Abramovich ... but WHO THE F**K is MALCOLM GLAZER?
What FOOTBALL EXPERIENCE does he have?
What does he KNOW about Football?
steups. keep talking.
u sounding like u losing it dey boy.
I feel u should fire u therapist, and bring in another.
seems like ManUre fans only understand gutter language.
It have nuff examples to back that up.
Maybe if you started making a semblance of sense, they wouldn't be on your case so much.
- The Glazers did NOT gain control of the club via a hostile takeover. If you knew what a hostile takeover was, you wouldn't have said it.
- Chelsea have a plan and that plan is to put themselves in a position where they require ZERO cash funding from their Russian overlord. They are a very long way from that as their wage bill is the highest in the Premiership (which equals 71% of their turnover, Manchester Uniteds wage bill is 44% of their annual turnover) and have recently lost the combined sum of roughly 67 million pounds which was paid to Mourinho and Grant as compensation when they were fired. This does not include the compensation fee for Scolari so that loss will rise.
Another thing that you casually ignore is that Chelsea were on the verge of bankruptcy before Abramovic arrived. He spent over 700 million of his own money to pay off their debt, so when he leaves...Chelsea will OWE him what he paid. He has halved that amount by turning a large portion of the money he used to bail them out and turned them into shares...Chelsea will still owe him over 300 million should he get bored and leave.
You want to go on about United being leveraged, but they have made massive strides in paying that money back, combine that with the fact that their merchandising and commercial arm generates an obscene amount of revenue for the club. Chelsea's pales in comparison.
I mean, you have Peter Kenyon going public today and saying that Chelsea will now need to sell in order to buy. You don't hear United making those noises. Yes, they are in debt but the have a plan and a business model in place. The Chelsea bubble has burst, NOW they are trying to find ways to become self sufficient yet they can't, because their wage bill eats over 70% of their annual revenue and they have to lay out large amounts of cash as compensation for each coach they fire...
You tell me, would you trust a company that spends 70% of its annual revenue on salaries? I'm just talking about the players...that figure would probably be higher when you take into account what the backroom staff are getting...
Remind me which club is poorly run again?
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