Chelsea owe money to Chelsea. Not a debt.
Hopefully Chelsea will write that off
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Abramovich effectively owes money to Abramovich.
It’s put @TheUlteriorMotive in an awful muddle altogether, the poor chap.
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Chelsea owe money to the shareholders.
The holding company of Chelsea owe money to Abramovich.
Abramovich is the majority shareholder of the holding company ergo Abramovich owes money to Abramovich.
Chelsea have no debt.
Ruh roh… Is Cicero, the EPL fanboy,caught up in another heated EPL debate?
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Awesome.
Don’t tell our EPL fanboys thought, they can’t get their head around it.
Chelsea must have made an equity for debt swap
The English and Welsh Premier League is the opium of the Irish people
Heroin is the opium of the Irish people
Una Mullally is the heroin of the Irish people
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Fuck me that’s some clamping.
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We really need to see Note 21 itself.
Sunday of a bank holiday weekend and lads are posting financial statements of EPL clubs.
He has posted the balance sheet of the holding company of Chelsea because Chelsea do not have any debt themselves. @TheUlteriorMotive got in over his head and lied to us. Abramovich is the controlling shareholder in Fordstam and owes himself over a billion.
@TheUlteriorMotive must be getting corporate reporting lessons from the same chap as Ewan.
Posting financial statements of firms has always been a very TFK thing
Weird
FIFA uphold Chelsea transfer ban.
Do do do do do do do do do do