TomandJerry
Well-known member
- Oct 1, 2013
- 12,323
By selling two hotels they already own, to a different company that they also own, whilst leaving the revenue streams coming into Chelsea's accounts through a 'management contract'
The sale of Stamford Bridge to a different company they own?This is for Season 22-23, right? I wonder how they’ll try and escape sanctions for the current season, in which their income will be 10s of millions less thanks to no CL football, not to mention extra amortisation charges on the £400m worth of incoming transfers last summer.
Sell the hotels to another company they own.This is for Season 22-23, right? I wonder how they’ll try and escape sanctions for the current season, in which their income will be 10s of millions less thanks to no CL football, not to mention extra amortisation charges on the £400m worth of incoming transfers last summer.
Would love to read @El Presidente 's assessment of this one!
By selling two hotels they already own, to a different company that they also own, whilst leaving the revenue streams coming into Chelsea's accounts through a 'management contract'
Depends on who is the 'group' and which entity is actually the one registered with PL. It can't be net zero else they wouldn't have done it.that cant work as easily as that, Shirley? if the parent owns both the group accounts will show net zero across the transactions.
I assume, being billionaires and having access to the top lawyers and accountants across the world, they'd be able to find a loop hole and exploit it. And wouldn't try to do so if they thought it'd failthat cant work as easily as that, Shirley? if the parent owns both the group accounts will show net zero across the transactions.