How Is The Purse For World Cup Calculated Chelsea FC – Cut Spending and Look to Youth

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Chelsea FC – Cut Spending and Look to Youth

Ever since Roman Abramovich became the new owner of Chelsea Football Club in 2003 he has been known as the biggest spender in the English Premier League.

From 2004-2009 there was £325 million in player revenue, although £245 million was returned from player sales during that time and in particular in 2009 there was a profit on player sales (money verses) of around £68 million.

Obviously transfer fees are half the story, player wages, and they are very expensive, Chelsea spent £142million on player wages last year alone. This surplus is offset by ticket sales, merchandise and matching shirts, advertising, paid television and Premier League winnings, which are estimated to be in the region of £15million.

Chelsea continue to be in dire financial straits and are said to be looking to ‘break even’ in the next few years.

Since Abramovich’s takeover, the money spent on football has paid off, and Chelsea has had a very successful season; they have won eight major trophies, including the Premier League 3 times, the FA Cup 3 times and the League Cup twice – making them the most successful team in England over the past seven seasons.

Chelsea are not the only big spenders in the Premier League, and there are growing financial concerns at other football clubs. In addition to spending a lot of money on other clubs, this financial power is also seen by some as an unfair advantage, if the club is supported by rich businessmen or corporations.

Another concern is the lack of ‘home-grown’ talent, which could affect the national team and clubs, given the number of foreign players in the Premier League.

The football governing bodies have now taken action. From the start of the 2010/11 season the Premier League will introduce 25 players and a growing number of ‘home grown’ players. From this season, clubs must include eight home-grown players in the 25-man squad.

A home-grown player is defined as being registered with a club for at least three full seasons before turning twenty-one.

Chelsea seem to be ahead of the game now, moving to their new academy in Cobham, Surrey in 2004 and opening their new multi-billion academy in 2007, which includes all the latest in education, renovations. , chemical technology, pitch and media and this is the home of the youth team and the Chelsea academy.

Cobham is home to the Under 9s to the Under 18s, right through to Chelsea’s first team. The academy is overseen by Chelsea’s sporting director Frank Arnesen who was appointed in 2005 and is well known for his ability to develop young players.

Chelsea already have a number of academy players who are close to breaking into the first team. The long-term strategy should be the development of talented young players instead of paying large sums of money to older players from other clubs, this will also ensure financial stability in the future.

Developing home-grown players is seen as a key goal at Chelsea. Cobham provides us with the best platform for this, It is a general consensus that the new Premier League rules on home-grown players will benefit the long-term future of football.

Another issue for Chelsea is the high salary of the players. Starting from the 2012-13 season, clubs entering the European competition must prove that they are financially stable, and they will be allowed to spend money on the sale of players and the income they earn, this. it is another thing that will make the youth team players to reduce the cost of sales.

Before the start of this season, Chelsea released several top players, who were said to be the highest earners in the club, it will be interesting to see how it goes and how the salary will go in the next few years, I believe. Chelsea is at the forefront of the game, and will continue to be a major presence in English, European and World football.

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