Deutsch Wolf
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- Joined
- Oct 16, 2009
- Messages
- 109,438
- Reaction score
- 35,879
Just the five RBs included this time...
How many GKs? He used to be worse than my PTG drafts.Just the five RBs included this time...
Presumably the hotel and stadium are part of that? And in that area that would be a substantial proportion?Chelsea sale now approved by the Government after being satisfied Roman won't benefit from any of the proceeds.
Is it just me that questions the value of the club being £4.5b, surely it can't generate enough revenue to justify that sort of price tag?
Begs the question then, why have they been sold for £2.75bnThey're not *actually* worth much. The hotel is outdated and needs to go realistically if they want to expand the stadium (was a folly by Bates), and the stadium itself isn't worth anything in terms of land value because of the covenant that the Chelsea Pitch Owners have. It's not like you can knock it down, move somewhere else and you've got yourself some prime real estate in West London.
United also own all the cargo yard land round the back of the Stretford End and Alex Ferguson stands. You could easily fit another Old Trafford into that space.United have a massive commercial arm don't they? A crumbling stadium and poor performances on the pitch but they are one of the commercial heavyweights.
Chelsea were all built on abromovichs billions weren't they? As DW says the land is a red herring as the covenants won't allow much, and even if they did sell they'd have to buy a new stadium out if it.
Maybe I'm missing the commercial animal that Chelsea may have become, and I'm not exactly an economics guru, my bank account at the end of the month is proof of that!
If Abramovich doesn't benefit from the sale, who gets the money?
Wow. That's a significant amount of aid!Going into a fund to aid Ukrainians I think