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Chelsea they fear they will not be able to pay their bills despite improved government sanctions to help them finish the season, and are now worried they could end up in the administration and get a nine-point penalty if no further changes are made.
The salary for the players and staff is on April 1, and Chelsea’s monthly salary is around £ 28 million. Although there are reserves to pay players next month, currently the only cash flow Chelsea has is revenue from the broadcast Premier League and UEFA and FA cash prizes for promotion to their cup tournaments, the latter being allowed with Saturday explanations.
Hyundai became the last sponsor to suspend marketing activities with Chelsea on Saturday, while the Premier League disqualified the owner Roman Abramovich as director of the club as the turmoil that engulfed the club continued.
Manager Thomas Tuchel players are constantly stressed that they need to focus on what they can control on the pitch, but there is a certain shock left in the locker room as players are unsure of their own future and the club’s path under the new owners.
Most of the agents representing the Chelsea players have consulted with lawyers to determine under what circumstances the club would be in breach of contract.
Chelsea fears they will not be able to pay their bills after sanctioning Roman Abramovich
Despite some easing of government sanctions on Saturday, Chelsea are still unable to sell unsold tickets for upcoming matches, which is expected to be crucial for generating sufficient cash flow, and sources close to the club say they will go into the red very quickly. in serious danger if the government does not relent.
It is understood that the government will reconsider the request early next week and insist they have no desire to run the club. Both sides are focused on quick sales, with the Raine Group commercial bank accepting offers for prospective buyers.
The government will issue another change to the license terms to allow the sale and will be happy to work with the Raine Group and accept their preferred provider.
Manager Thomas Tuchel was forced to ask awkward questions about the club’s future
Abramovich will not hinder the sale, as sources close to the owner insist that he has already accepted that he will not benefit from the sale if he pledges the proceeds to war victims.
Under the terms of the sanctions, the government will ultimately decide where the funds will end up.
Leading the way are all North American sports franchise owners: Todd Boehly, co-owner of the LA Dodgers, who teamed up with Swiss billionaire Hansjorg Wyss and, as Sky reports, London real estate developer Jonathan Goldstein; the Ricketts family, owners of the Chicago Cubs; and New York Jets owner Woody Johnson.
The Daily Mail he also revealed that London real estate developer Nick Candy still wants to form a consortium.
Players are uncertain about their own future and the path of the club under the new owners
Government sanctions against Abramovich had previously only allowed the club to pay staff and imposed a £ 500,000 limit to hold a match at Stamford Bridge, which is about half the expenditure required for a home match. That limit has now been raised to £ 900,000.
Contractors and temporary workers have also been added to the list of staff that can be paid, making it easier for Chelsea to organize home games and pay for players of the academy, parents and rent to host families with young players.
Previously, this was unclear, the club was paralyzed as to who could be legally paid, and did not know if they could order taxis for occasional staff or have match hosts in the press room.
It is essential that the amount the club can spend on travel to matches does not increase, leaving £ 20,000. That won’t be a problem for Lille on Wednesday, who’s upfront, but £ 20,000 wouldn’t cover the cost of a plane to Middlesbrough in the FA Cup next Saturday.
The club’s megastore has been forced to close and officials are trying to evade administration
Although the government appears to be flexible on travel costs for upcoming Champions League matches if Chelsea advance, there is no indication that the limit will be raised for home matches, meaning Chelsea players will have to get used to training and coaching away trips. games.
Chelsea’s company credit card account was suspended last week by Barclaycard, which wanted to assess whether the service violated sanctions, but Chelsea is confident that it will be restored soon.
Chelsea’s sponsors are distancing themselves from the club, but players are expected to still wear the Three logo today, though the telecoms company has demanded not because the logo repair proved impractical and chemical sprays to remove it leave it. the shirt is a mess.
Chelsea sponsors like Three have been trying to distance themselves from the club lately
Nike cannot provide new T-shirts without sponsors for fear of violating the terms of the sanctions.
A spokesman for the Department of Digital Technology, Culture, Media and Sport said: “We have been saying all along that we will work with Chelsea to understand what is needed to enable gaming to minimize the impact on leagues. football pyramid and fans.
“After extensive cooperation with the club regarding the details of their structures, we have made some operational changes to the license for this. We are open to selling the club and we would consider applying for a license to make it possible. ‘
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