@SnellGeoff @SebC__ You might be right. Personally, I still think they have a few cards to play, as long as there isn't a marked deterioration due to the middle east conflict. We'll find out next year I guess.
English
PNL
23.3K posts
PNL
@PnlChelsea
Welsh. Chelsea fan. Expat in Malta.
Sliema, Malta Katılım Şubat 2012
119 Takip Edilen184 Takipçiler
@PnlChelsea @SebC__ I think the issue is Private Credit is now having to tighten standards and JP will be a risk committee decision rather than a relationship one.I dont think there is any danger until 27 a&e but just like Chelsea Village debt interest comes at you fast and no CL is a death knell
English
Oh yeah I'm sure the cluster of british junior banker bros with disposable income on a two year stint with a Singapore based office is representative of what they'll do all over the world.
In three years they're back in the City and won't watch the games with the 3PM blackout.
PNL@PnlChelsea
@SebC__ The Premier League have just announced a pilot scheme to live stream direct to the consumer in Singapore next season. That has the potential to hugely increase media revenue if it works, and has been something these owners have pushed for since they got here.
English
@John675075 @LewisClarke_ @LexyTopping @AHunterGuardian Don't get me wrong, it could have been worse for Everton but that's hypothetical. A points deduction isn't the punishment. The consequences of a points deduction is the punishment which s why I think it sucks as a sanction.
English
@John675075 @LewisClarke_ @LexyTopping @AHunterGuardian Everton's eventual punishment was around a 2 million quid financial penalty. In the opinion of the panel and appeal panel they gained a sporting advantage. Chelsea got a 10 million fine when it appears the panel didn't find they gained a sporting advantage.
English
Our @AHunterGuardian nails it here. Football fans, Evertonians in particular, are not naive enough to think the Premier League will be fair and well-governed but the shamelessness of the double standards on display this week is still breathtaking
English
@PnlChelsea @SebC__ Why do they need to convince investors? They are locked into the fund until assets are sold. They need to convince JP to a&e the revolver and hope the leverage and extension covenants dont trigger anything in the pik which causes debt interest to get even more out of control.
English
@SnellGeoff @SebC__ I don't disagree that the financial situation is precarious. I just don't see it as being immediately existential, with the caveat of what damage is done by the Iran war. The consequences of that could be dire for the likes of Boehly and Clearlake.
English
@PnlChelsea @SebC__ Good piece but you are out on the loans imo ...the revolver will get extended at a higher rate.Ares pik note will have covenants that could possibly roll it up to match tge extension date of the revolver and if we get too many turns of leverage caused by missing CL god help us
English
🤣🤣🤣🤣 You want to know where I was when we were shit? Watching us save Everton's sorry arses from relegation, in a meaningless match for us that we had to make an effort in, 3 days before a European final. So much bitterness from a club that got off lightly.
Rich Wilkinson@rwilkinson007
Bramley Moore should be a bear pit on Saturday with plenty of corrupt shouts and where were you when you were shit. Let’s bring the EFC UTFT edge 💥⚽️💙
English
@SebC__ @FariMudzi Whatever it is, it's a market of people who seem willing to pay a lot less than a Sky subscription to watch football. Again though, they don't need to convince me or you that it's a potential game changer. They need to convince investors.
English
@PnlChelsea @FariMudzi IPTV is a psyop, it's everywhere but it's breadcrumbs compared to a 13 B deal
English
@vinerbrian @AHunterGuardian @premierleague At no point have I defended Chelsea. I have merely pointed out Everton were not unfairly treated in comparison. You're right for no need for more dialogue. Some people are just too prejudiced to get through to. Enjoy your day.
English
@PnlChelsea @AHunterGuardian @premierleague Always fun reading a defence of the indefensible. No need for more dialogue. Have a good afternoon
English
Absolute and devastating clarity from my former colleague @AHunterGuardian. If they are capable of shame and embarrassment, those who run the @premierleague should be doused in it …
Alexandra Topping@LexyTopping
Our @AHunterGuardian nails it here. Football fans, Evertonians in particular, are not naive enough to think the Premier League will be fair and well-governed but the shamelessness of the double standards on display this week is still breathtaking
English
@John675075 @LewisClarke_ @LexyTopping @AHunterGuardian Because you don't want to believe it in the midst of your manufactured outrage, John? Poor hard done by Everton who suffered around a 2 million quid financial penalty when relegation could have cost them upwards of 50 million.
English
@PnlChelsea @LewisClarke_ @LexyTopping @AHunterGuardian I’ve seen some shite spouted on here but this is probably the most articulate well put together pile of shite @PnlChelsea
English
@SnellGeoff @SebC__ This is what I wrote last September btw.
darrenchelsea.substack.com/p/boehly-and-c…
English
@PnlChelsea @SebC__ And before you say yes but that wasnt the plan...why haven't they changed it ?
English
@LewisClarke_ @LexyTopping @AHunterGuardian When Everton went over the limit, they didn't do it with the thought of avoiding relegation. I think the panel referred to 'chasing the dream' from memory. The spending might have been on players that didn't work out. It doesn't have any bearing on the conclusion though.
English
@LewisClarke_ @LexyTopping @AHunterGuardian It doesn't make any difference what you say the player you claim took you over the limit went on to do. If the teams around you had also breached the cap they may have bought players that made the vital difference.
English
@vinerbrian @AHunterGuardian @premierleague Why don't you just read what I wrote? It was the panel who didn't mention sporting advantage. Everton were found to have gained it. Not just by one panel but by an appeal panel too. I know this goes against what you want to believe but that's a fact. Bless. Now do better.
English
@PnlChelsea @AHunterGuardian @premierleague ‘Sporting advantage didn’t apply in Chelsea’s case.’ 🤣 Bless
English
@vinerbrian @AHunterGuardian @premierleague Second, he fails to understand that the points deduction is not the punishment. The consequence of the points deduction is the punishment . Journalists have a duty to do better than this, they really do.
darrenchelsea.substack.com/p/the-misconce…
English
@vinerbrian @AHunterGuardian @premierleague The thing is, he's neglected 2 vital things. One, he goes into full detail about what Chelsea might have gained, though the panel felt sporting advantage didn't apply in Chelsea's case. He fails to do the same for Everton, though sporting advantage was deemed to have occurred.
English
@johngchambers @jim_keoghan @AHunterGuardian Last season, Everton got 16 when they weren't in a relegation battle. At 900k per live appearance, Everton probably made around 6 million from TV that they wouldn't have without the points deduction.
darrenchelsea.substack.com/p/the-misconce…
English
@johngchambers @jim_keoghan @AHunterGuardian Offset by live TV slots. The difference in merit payments was 8.5 million. Everton got 23 live TV slots that season, more than Villa who finished 4th. Bournemouth, who finished where Everton would have, got 12.
English
Probably the best summation of the disparity of treatment between Everton and Chelsea’s (courtesy of @AHunterGuardian)
English
@LewisClarke_ @LexyTopping @AHunterGuardian Stop crying. You got lucky. You gained a sporting advantage that may have kept you up and you got a 2 million quid financial penalty for it. Disgusting really, but there you go.
English
@PnlChelsea @LexyTopping @AHunterGuardian Oh yeah the panels don’t believe so you mean the premier league and Chelsea working together to give a lesser punishment😂 whole footballing world can see how much of a joke this is with Chelsea’s punishment
English