ANNUAL FINANCIAL RESULTS ANNOUNCED Chelsea FC plc today (Tuesday) announced our financial results for the year ended 30 June 2013, which when combined with those from last year will enable the club to satisfy UEFA’s break-even criteria within the Financial Fair Play regulations. A group turnover of £255.8 million for the 12-month period is a […]
Tag Archives: Financial Fair Play
How Bosman’s lawyer is plotting another football revolution
Bespectacled, business-like and Belgian, Jean-Louis Dupont does not look like a revolutionary. But then if revolutionaries looked too obvious, we would see them coming. There is little danger of Dupont sneaking up on anybody now, though. He is the man who took on European football’s bosses as an inexperienced lawyer and claimed a landmark victory […]
Real Madrid under investigation amid allegations of illegal state aid
FFP implications as Real Madrid alleged to have colluded with city council over price of land around Bernabeu (Getty) Real Madrid are the subject of a European Commission investigation following allegations they have received illegal state aid, the decision on which is overdue and will be of great interest to the likes of Manchester City […]
Who Benefits from Financial Fair Play? – Part 2
In Part I we looked at the pros and cons of the upcoming Financial Fair Play rules (FPP). In Part 2 we look at a few answers by Martin Samuel on questions posed by various readers. We choose the best answers for a quick summary of the disadvantages of FPP. And the modern era’s greatest achievement […]
Man U, Liverpool, Arsenal and Spurs unite versus big spending rivals
Arsenal, Spurs, Manchester United and Liverpool have written to the FA for stricter financial fair play rules. Below is a copy of the letter obtained from the Daily Mail. The letter was sent on Arsenal’s letterhead. Chelsea, Manchester City, West Bromwich Albion and Fulham oppose and spending controls while the others (besides the other 4) […]
PSG Secure New Commercial Agreement
While the world is focusing on the Champions League Draw, many might have missed this bit of news. ESPNFC has reported that PSG has signed a new EUR 150 Mln a year deal with the Qatar Tourism Authority. Is it a brilliant marketing deal or a slap-in-the-face for FFP? Paris Saint-Germain have clinched […]
Man City halve their losses
Manchester City have announced pre-tax losses of £93.4 million for the 2011-12 season. It means the Premier League champions have halved their losses, following a record loss of £197.5 million in the 2010-11 campaign. City’s annual revenue also rose beyond £200 million for the first time, partly because of their debut campaign in the Champions […]
Chelsea back in the black in time for FFP
After nine years and more than £1bn of investment, Chelsea are in the black for the first time in the free-spending Roman Abramovich era, thanks to their Champions League victory, a rare profit on transfers and improved commercial deals. The chairman, Bruce Buck, claimed on Friday that the modest profit of £1.4m for the last […]
The Special One’s point to prove
Jose Mourinho has picked a fight with Madrid B coach Alberto Toril, underscoring the club’s failure to develop and promote young players from within. I’m not going to waste time asking for sympathy, because he doesn’t need it, but I think it was more than somewhat unfair that Jose Mourinho’s achievement in becoming the fastest […]
The Arsenal AGM
After back-to-back defeats against Norwich and Schalke, the timing of the Arsenal AGM couldn’t really have been much worse. It was expected to be a fiery affair especially with the summer sale of ex-skipper Robin Van Persie to Manchester United. However, the abject displays the team put on show for us over the last few […]
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