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Profit and Chelsea in the same sentence.

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la bestia negra
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Profit and Chelsea in the same sentence. Empty Profit and Chelsea in the same sentence.

Post by Bellabong Sat Nov 10, 2012 11:09 am

www.chelseafc.com/news-article/article/2975285/title/chelsea-fc-announces-annual-profit

I think I've seen it all this year. 40€ million depth signings, Germans giving up a 4 goal lead, Ribery & Robben defending, Celtic beating Barcelona and the top 10 goals this week pretty much consisting of Altintop and Van Basten-like volleys and now this.
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Post by la bestia negra Sat Nov 10, 2012 11:12 am

bigger fan base more shirt sales bounce
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Post by zizzle Sat Nov 10, 2012 11:39 am

watch them go back in the red once the CL profits disapear next year
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Post by RealGunner Sat Nov 10, 2012 1:17 pm

Why did they not publish the report ?
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Post by Art Morte Sat Nov 10, 2012 1:38 pm

It's a nice milestone for CFC, but it's too early to say that that's the sign of things to come.
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Post by Harmonica Sat Nov 10, 2012 2:27 pm

"Intergroup debt of £166.6m was capitalised into equity during the course of the year strengthening the balance sheet and making Chelsea FC plc debt free."

/thread
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Post by Art Morte Sat Nov 10, 2012 3:00 pm

jiopsi wrote:"Intergroup debt of £166.6m was capitalised into equity during the course of the year strengthening the balance sheet and making Chelsea FC plc debt free."

/thread

Debt doesn't affect (interest excluded) whether you make a profit or loss.
Balance sheet =/= profit and loss account

/thread re-opened
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