- Aug 25, 2006
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They need to find over £100mil in a two week period in a market where no one has any money. That 100mil of course needs to be profit selling the likes of Fernandes doesn't help one bit.
But that depends on sales.
I predict they will make the necessary transactions by June 30.
If not, then, they know what to expect next season. And, Chelsea fans may disagree, but it would not be the worst thing for them to take a point deduction next season - which would take a lot of pressure off, and give them a year to consolidate the team.
They will get a lot more for Palmer, he is having one amazing season. He will go for at least double what we paid for Brennan Johnson, even if he wasn't HG and he surely is, plus club trained for City. Rice went for 105m after having a super shitty season, Palmer is younger and one of the best players in the league this year. Main reason why they are in Cup final too. The only problem could be timing, maybe they get few points deducted until they manage to sell few players. But Palmer and Colwill won't take long I bet.
Unless they get injured, then they fucked.
Jumping in on this because it's clear that A) some people still don't get that it's £100m PROFIT not player sales that they need to generate within 2 weeks of the next transfer window opening and B) because some people are forgetting that most other clubs are also struggling to meet FFP regulations and so certainly won't be doing deals that also hit their books this financial year.
No-one was spending in Jan and the same will be true until next FY, at which point any sales that Chelsea make will be too late.
Now let's look at the possible worth of some of their players:
1. Gallagher - 100% of whatever his sale price is, but with 1 year on his contract I can't see anyone paying more than £40m for him unless between now and June he turns into one of the best midfielders in the league.
2. Fernandez - currently only revenue above €98m for him will count as profit. There's no-one paying anything close to that for him, so at the moment they're effectively in negative equity with him.
3. Palmer - revenue above €40m will count as profit. Best case they can get is around €70m IMO and there's only two teams that would be able to pay that before end of June - us and Liverpool. Best case scenario they could make £25m here IMO.
4. Lukaku - currently only revenue above €45m for him will count as profit. I don't think he's worth more than that and no-one in the prem, where the most money is, is going to pay that for him. Probably break even at best or more likely in negative equity.
5. Colwill - probably their best best of raising funds given that his contract is until 2029 with a year option on it. Probably worth around £50m this summer.
6. Broja - another one who they make profit on, probably be able to get around £30m from someone.
Let's say that they can get another £10-15m from other player sales that aren't main players for them. That leaves them with around £80m of profit to make from the above list.
Personally I think it means that they will HAVE to sell Broja and one of either Colwill or Gallagher.