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Abramovich’s wallet is closed


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ROMAN ABRAMOVICH will no longer throw his billions at Chelsea to make them successful.

 

The Russian owner has told the club they must operate without his money and run as a proper business.

 

Abramovich will remain as sole owner but has told club directors he is not interested in remaining as a key decision maker.

 

He made his decision known to directors Peter Kenyon, Eugene Tenenbaum and chairman Bruce Buck at a board meeting last Monday.

 

The summit was called to decide strategy for next season but boss Jose Mourinho was not invited to attend.

 

Abramovich’s move to pull the plug on his unlimited funds could now see Frank Lampard and skipper John Terry leave the club.

 

The two England stars have failed to agree new deals with the Blues and Abramovich has laid down the law that there has to be a wage cap.

 

Neither player is willing to accept a deal less than they think they are worth and could now sit out their current deals, which have two years left.

 

Lampard is currently paid £118,000 per week and could stay another season at Chelsea before they would be forced to sell him for a nominal sum with just a year left on his contract.

 

Chelsea’s only other option would be to try and cash in on him now — though so far no club has made a firm offer.

 

From now on, Chelsea will be limited the same as every other club and will have to generate its own budget.

 

The Russian owner has fallen out of love with the club and is intending to spend more time abroad and with his new girlfriend Daria Zhukova.

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This could be the beginning of the end for Chelsea if they don't tighten their belts.

 

They made a rod for their own back by offering Shevcenko and Ballack such silly money but I reckon Lampard has an inflated view of his self-worth if he's not happy with £118k pw.

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yes but despite him having an inflated ego ( i don't think for example he is worth anywhere near what he's being paid) he has been far better than shevchenko or ballack his season gone.

 

oh and neither is terry (happy with just earning 100+k a week that is)

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true enough but lampard was always one to go missing for half a game then come up with the winner.... and compared to our midfielders he's probably played 10 -15 more games than any of them in the last 3 seasons....

 

trouble for him is who in europe would want him on those wages... i know barcelona and madrid have both been having second thoughts.

 

terry is a class player and the player long term chelsea need to keep (alongside essien and cech)

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true enough but lampard was always one to go missing for half a game then come up with the winner.... and compared to our midfielders he's probably played 10 -15 more games than any of them in the last 3 seasons....

 

trouble for him is who in europe would want him on those wages... i know barcelona and madrid have both been having second thoughts.

 

terry is a class player and the player long term chelsea need to keep (alongside essien and cech)

 

Obviously no-one in the Premiership will go for him on those wages, if Barca or Real won't have him, who will?

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It was obviously just a plaything, and as easy as he picked Chelsea up, he's going to drop them. At least they should be in a better position than they were when he took over

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It was obviously just a plaything, and as easy as he picked Chelsea up, he's going to drop them. At least they should be in a better position than they were when he took over

I'd settle for a few years of trophies too tbh....

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It was obviously just a plaything, and as easy as he picked Chelsea up, he's going to drop them. At least they should be in a better position than they were when he took over

I'd settle for a few years of trophies too tbh....

 

 

Aye but I meant financially. They had some big debts when Abramovich took over and he's obviously wiped these and theyve furthered with the "Chelsea Village" infrastructure.

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It was obviously just a plaything, and as easy as he picked Chelsea up, he's going to drop them. At least they should be in a better position than they were when he took over

I'd settle for a few years of trophies too tbh....

 

 

Aye but I meant financially. They had some big debts when Abramovich took over and he's obviously wiped these and theyve furthered with the "Chelsea Village" infrastructure.

Depends how the current debt is managed. Thir financial results have been appalling lately, for obvious reasons. I assume he is going to absorb that himself? The Chelsea brand is far bigger and Kenyon seems to know what he is doing but i'm not sure how it will work tbh. With the level of spending and wages being offered its hard to see how they can break even. Manchester United manage like so it must be possible.

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For a player who is a shadow of his former self 21 goals from midfield isn't too bad :blink:

 

I was going to say...although I think he's useless for England and a billy big bollocks who thinks too much of himself, you'd be mad not to want him playing for us. It's his wage demands that are the issue at the moment though.

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Depends how the current debt is managed. Thir financial results have been appalling lately, for obvious reasons. I assume he is going to absorb that himself? The Chelsea brand is far bigger and Kenyon seems to know what he is doing but i'm not sure how it will work tbh. With the level of spending and wages being offered its hard to see how they can break even. Manchester United manage like so it must be possible.

 

Man U don't offer the same sort of wages Chelsea do, with the current wage structure at Chelsea I can't see them ever being self-sufficient. If Abramovich drops them they'll be in big trouble, chances are though he's just going to refuse to pay the big transfer fees but keep paying the wages. However it'll be difficult to attract the world's best players on £90k pw when they see a lot of the squad on more money, so reducing the wages levels will be difficult.

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Depends how the current debt is managed. Thir financial results have been appalling lately, for obvious reasons. I assume he is going to absorb that himself? The Chelsea brand is far bigger and Kenyon seems to know what he is doing but i'm not sure how it will work tbh. With the level of spending and wages being offered its hard to see how they can break even. Manchester United manage like so it must be possible.

 

Man U don't offer the same sort of wages Chelsea do, with the current wage structure at Chelsea I can't see them ever being self-sufficient. If Abramovich drops them they'll be in big trouble, chances are though he's just going to refuse to pay the big transfer fees but keep paying the wages. However it'll be difficult to attract the world's best players on £90k pw when they see a lot of the squad on more money, so reducing the wages levels will be difficult.

 

Depends what wages they on at the moment though I suppose, but I don't think we're ever going to see Ronaldinho, for example, in the premiership.

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Depends how the current debt is managed. Thir financial results have been appalling lately, for obvious reasons. I assume he is going to absorb that himself? The Chelsea brand is far bigger and Kenyon seems to know what he is doing but i'm not sure how it will work tbh. With the level of spending and wages being offered its hard to see how they can break even. Manchester United manage like so it must be possible.

 

Man U don't offer the same sort of wages Chelsea do, with the current wage structure at Chelsea I can't see them ever being self-sufficient. If Abramovich drops them they'll be in big trouble, chances are though he's just going to refuse to pay the big transfer fees but keep paying the wages. However it'll be difficult to attract the world's best players on £90k pw when they see a lot of the squad on more money, so reducing the wages levels will be difficult.

 

Depends what wages they on at the moment though I suppose, but I don't think we're ever going to see Ronaldinho, for example, in the premiership.

 

Aye but the world's best players will generally be on a good wage or will soon be demanding one after joining. Take Lampard for example, he's on £118k per week, that's mind boggling money that he wouldn't get elsewhere but it seems that he wants more because Ballack and Shencenko are getting it. It's that sort of jealousy that will mean the top players joining will want at least the same as the top earners already there even though it would be well above the market rate.

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Depends how the current debt is managed. Thir financial results have been appalling lately, for obvious reasons. I assume he is going to absorb that himself? The Chelsea brand is far bigger and Kenyon seems to know what he is doing but i'm not sure how it will work tbh. With the level of spending and wages being offered its hard to see how they can break even. Manchester United manage like so it must be possible.

 

Man U don't offer the same sort of wages Chelsea do, with the current wage structure at Chelsea I can't see them ever being self-sufficient. If Abramovich drops them they'll be in big trouble, chances are though he's just going to refuse to pay the big transfer fees but keep paying the wages. However it'll be difficult to attract the world's best players on £90k pw when they see a lot of the squad on more money, so reducing the wages levels will be difficult.

 

Depends what wages they on at the moment though I suppose, but I don't think we're ever going to see Ronaldinho, for example, in the premiership.

 

Aye but the world's best players will generally be on a good wage or will soon be demanding one after joining. Take Lampard for example, he's on £118k per week, that's mind boggling money that he wouldn't get elsewhere but it seems that he wants more because Ballack and Shencenko are getting it. It's that sort of jealousy that will mean the top players joining will want at least the same as the top earners already there even though it would be well above the market rate.

 

Well that goes back to my Ronaldinho point - I don't think the Premiership is that attractive as a playing proposition to 'the world's best'. The only reason Ballack and Shevchenko came to Chelsea was silly money. And with an Italian team winning the CL despite there being 3 English teams in the semis, you can forget seeing the likes of Kaka and Cannavaro coming here, unless Chelsea continue to pay more and more astronomical wages. Which they won't.

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ROMAN ABRAMOVICH will no longer throw his billions at Chelsea to make them successful.

 

The Russian owner has told the club they must operate without his money and run as a proper business.

 

Abramovich will remain as sole owner but has told club directors he is not interested in remaining as a key decision maker.

 

He made his decision known to directors Peter Kenyon, Eugene Tenenbaum and chairman Bruce Buck at a board meeting last Monday.

 

The summit was called to decide strategy for next season but boss Jose Mourinho was not invited to attend.

 

Abramovich’s move to pull the plug on his unlimited funds could now see Frank Lampard and skipper John Terry leave the club.

 

The two England stars have failed to agree new deals with the Blues and Abramovich has laid down the law that there has to be a wage cap.

 

Neither player is willing to accept a deal less than they think they are worth and could now sit out their current deals, which have two years left.

 

Lampard is currently paid £118,000 per week and could stay another season at Chelsea before they would be forced to sell him for a nominal sum with just a year left on his contract.

 

Chelsea’s only other option would be to try and cash in on him now — though so far no club has made a firm offer.

 

From now on, Chelsea will be limited the same as every other club and will have to generate its own budget.

 

The Russian owner has fallen out of love with the club and is intending to spend more time abroad and with his new girlfriend Daria Zhukova.

 

 

source??????

 

 

and he's so far fallen out of love with the club he sent his double along to the Cup Final eh?

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Abramovich hints at more spending

 

Abramovich has spent nearly £250m at Stamford Bridge

 

Chelsea's billionaire owner Roman Abramovich has dismissed reports that he will no longer spend heavily to bring players to Stamford Bridge.

 

Recent newspaper reports have suggested that Abramovich, who took over at Chelsea in 2003, would be spending less in the transfer market in future years.

 

But he told radio station Ekho Moskvy that such claims were "nonsense".

 

He added: "Everything will remain the same. My relationship with Chelsea has not changed. I don't want to change."

 

 

Rumours have persisted that Abramovich - who is Russia's richest man with an estimated £9.5bn fortune, according to Forbes Magazine - is to reduce his spending.

 

That has led to speculation that key players like Frank Lampard and skipper John Terry could leave.

 

Abramovich has spent about £250m on player transfers since buying Chelsea, including shelling out a British record £30m for AC Milan striker Andriy Shevchenko in 2006.

 

http://news.bbc.co.uk/sport1/hi/football/t...sea/6704101.stm

Edited by ewerk
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