Chelsea FC: Carabottlejobs

[Yousif Arsenal]

It turns out that Abramovich doesn’t love the club as we were told by Chelsea fans.

He really going to make Chelsea go into administration. There no much left. Mister Todd was at stadium to watch Chelsea bottle 2 lead was for nothing then

 

[Riou]

"Mr Chelsea", suits that title perfectly.

Hope he goes to jail, but destroys the club just before.

 

[A_G]

He really going to make Chelsea go into administration. There no much left. Mister Todd was at stadium to watch Chelsea bottle 2 lead was for nothing then

If they get thrown out of the CL, we might take their place even if we finish 5th

 

[Yousif Arsenal]

If they get thrown out of the CL, we might take their place even if we finish 5th

Arteta luck strike again.

 

[Yousif Arsenal]

Chelsea fans losing it They thought it was over. 2 weeks left or you a history.

 

[NieThePiet]

So we don't even need the 4th place anyway.

Another Free Hit today.

 

[Game Over]

Won’t happen unfortunately. No matter how much we wish for it.

 

[Macho]

Chelsea sale 'at risk' as ministers press Abramovich for fresh assurances over sale

Whitehall officials have cast doubt on whether a licence to ensure Chelsea changes hands will be issued by the end of the month amid an impasse with Roman Abramovich, Sky News understands.

news.sky.com

uh oh

 

[Riou]

No one would really miss Chelsea, tbh.

City and now Newcastle have replaced them, as the oil money teams.

You have still have the big 2 in Liverpool and United.

While you would still have the biggest club in London (The Arsenal) with all the glorious history and glamour we have.

I fail to see what exactly Chelsea bring to the table now, just let them go bust.

 

[Paperino]

Wonder if this will happen to us in the future. Our owner is a prominent citizen in one of the worst terror states on the planet after all.

 

[Yousif Arsenal]

Look like it's the 1.6B loan. He want it.

 

[Paperino]

Look like it's the 1.6B loan. He want it.

He want his money? Sensational.

 

[Yousif Arsenal]

He want his money? Sensational.

Yes i can't blame him but should have told them he wanted that when he put Chelsea in sale not 2 months later. At the end i guess they'll just give him that

 

[Beany]

He want his money? Sensational.

Roman wasn’t bothered about the money when he had the money. Now the dude is working shifts at Pizza Hut with @GDeep™ And he’s had his fill of the salad bar at closing time. Times are hard.

 

[Oxeki]

Chelsea takeover: Government accuses Roman Abramovich of putting club’s future in doubt

Roman Abramovich is refusing to accept a sale structure proposed by the government for the takeover of Chelsea, according to government insiders.

A government source said there is “considerable alarm” that the delay could threaten Chelsea’s viability. Its proposal is for all the £2.6 billion from the Chelsea sale to the Todd Boehly-led consortium to go into an escrow account — a holding account — until it is satisfied it can go to a foundation to help victims of the war in Ukraine.

Abramovich and Chelsea are insisting that the £1.6 billion debt from Chelsea’s parent company Fordstam to Jersey-registered Camberley International Investments has to be repaid first, then frozen, before going to the foundation.

The government says that is a red line, would break the sanctioning rules imposed on Abramovich and that there are no legal guarantees provided that would stop the money ending up with the Russian-born oligarch or his beneficiaries.

Chelsea had hoped to complete the takeover this week and the government has agreed to drop the idea that some of the money should go to provide new football pitches in the UK with the entire amount going to help war victims.

A government source said: “There’s quite serious concern in government that the deal may fall apart and that Roman Abramovich is ultimately willing to let Chelsea go under.

“There’s alarm in government about the gap between what Abramovich has said he will do publicly and what he’s willing to commit to legally as part of the sale process. There are pressing deadlines this week, and if there isn’t a breakthrough, we’re quite concerned that the sale of Chelsea could be timed out by certain sporting deadlines.”

Camberley International is registered in Jersey and the government believes it is ultimately owned by a trust fund registered in Cyprus which benefits Abramovich’s children.

The ownership structure is “murky and complicated”, said the source, who added: “The ridiculousness of this scenario is that Chelsea are saying to us they don’t know who owns Camberley International and can’t talk to them. We cannot contact Camberley International to talk about this.

Our understanding of the structure is that Camberley International is an affiliate of a trust fund which is owned by his children or goes to his children with an individual in Cyprus acting as the trustees’ signatory.

“Essentially Abramovich seems unwilling to give the same legal commitments which were made in his public statements about a week ago that neither he nor his affiliates could stake a claim to that unpaid debt between Fordstam and Camberley.

“A deal which would allow the cash to be diverted would be a breach of sanctions and would be a red line for ministers.

“Chelsea have said they are concerned about the tax liability of Camberley writing off this fund would create and would create a tax liability on Fordstam which would then technically make it insolvent.

There’s a ludicrous position which reveals some of this is that Chelsea say they don’t have any contact with the owner of Camberley but at the same time saying to us they can assure us that if the cash was to go via Camberley and was to be frozen, they could guarantee that it will all go to good causes.”

The government’s proposal is for a two-stage process. First the £2.6 billion would go into an escrow account that would be set up so that all the proceeds from the sale would go to a charitable foundation that Abramovich has said will be entirely independent and run by the former head of a United Nations organisation with no previous connection to him.

The second stage of the process would mean money is released only once government and possibly Abramovich are happy that the foundation is ready to receive and spend the funds appropriately.

NEW: Govt says it is “alarmed” at Abramovich refusing to accept its proposed sale model for Chelsea. £1.6bn loan proving a big problem.

 

[Oxeki]

He publicly stated that he won't ask for his loan to be paid back but it seems now that he's willing to see Chelsea crash and burn unless his loan is paid back.

Proper loan shark behaviour.

I love it!!!

 

[Yousif Arsenal]

He publicly stated that he won't ask for his loan to be paid back but it seems now that he's willing to see Chelsea crash and burn unless his loan is paid back.

Proper loan shark behaviour.

I love it!!!

you don't throw 1.6B in the bin specially if it was yours. That's why when he put Chelsea on sale and didn't want his 1.6b back i didn't believe it no billionaire do that.

 

[carter777]

Just give him 1.6 billion in credit for the club shop and get on with it FFS

 

[A_G]

@Riou

 

[grange]

Just give him his 2 billion back - I am very confident he will send it all to Ukraine. Seems like a lovely man.