Another Championship Club in trouble

[eadiee73]

Yes, it’s bonkers. All over our forum tonight about the debt. But for a man like Lansdowne it’s small change. His franchise of clubs in Bristol are losing money but he can afford it. The loss of £38m could be financed on the interest he earns over the next year.

Not much to cheer about for us gasheads over the last two years but it does make me chuckle that when it all comes to pass for all their millions the gap between us is still only one good season for us and one bad one for them. May not happen but being the second club in a two-club city means you get laughs where you can.

And yes the Championship is a complete mess, clubs with parachute payments, clubs chasing the dream, clubs with points deductions and a few normal ones. Hardly a level playing field.

[normal rules]

News today that Chelsea have made post tax losses of 145mil year ending June 21. They actually owe around 1 billion to “related companies “ . How on Earth are they still in business ?

[Janso]

News today that Chelsea have made post tax losses of 145mil year ending June 21. They actually owe around 1 billion to “related companies “ . How on Earth are they still in business ?

The "related companies" are probably all owned by Abramovich. 

[IDM]

How many of us have mortgages in the region of £100000 or more.?

We all have debts but they are only a problem when we can’t make repayments.  Maybe Chelsea can.?

[phil old leake]

Normal most of the big clubs worldwide are the same

It’s an absolute disgrace how they are run.  The Glaziers are the worst they just borrow money from one franchise to the other

Abramovic can easily cover that so for them it’s not an issue.  The issues lie with the stupid clubs that haven’t got the resources of Chelsea and try to live with them

You can near enough guarantee if a Premiership club got into financial trouble the Premier league would make sure it didn’t happen unlike the EFL who can’t

[Janso]

Normal most of the big clubs worldwide are the same

It’s an absolute disgrace how they are run.  The Glaziers are the worst they just borrow money from one franchise to the other

Abramovic can easily cover that so for them it’s not an issue.  The issues lie with the stupid clubs that haven’t got the resources of Chelsea and try to live with them

You can near enough guarantee if a Premiership club got into financial trouble the Premier league would make sure it didn’t happen unlike the EFL who can’t

Like Portsmouth eh?