Saudi teams are splashing cash for a bunch of younger talent now. Marcos Leonardo was signed by Benfica last year for 10m, scored 7 goals and was sold for 40m to a Saudi team.
I mean we suck and there are plenty of opportunities to make fun of Chelsea’s transfer business but this one seems fine in the big scheme of things.
One scored a goal himself every other match. The other produced one assist every seven matches. I won’t speculate that Chelsea is doing dirty shit with Saudis but the math doesn’t math on an increase in Angelo’s fee.
Saudi teams are clearly having to overpay for talent and Leonardo’s fee went up 4x. Angelo is young and the fee went up from what Chelsea paid but it doesn’t strike me as a gross overpayment for a promising teenager. Some of that is just the Saudi league tax. This is miles off from Chelsea offloading a bunch of washed players on high wages to the SPL.
Start with why is Chelsea able to do deals with Saudi? Notice, not every club does and can. Yes, 19, but he has done nothing to show that he is more valuable now then when Chelsea bought him to actually pay them more than what they signed him for. His production is virtually nothing in 120ish games. The market has not gone up in the past couple of years. If anything it has contracted with less buyers throughout other European leagues. If you don't see that your club is engaged in Ponzi tactics, I am no sure what to tell you, but they absolutely are. Oh, but yes this one deal is all good...
under no circumstances do you have to hand it to Chelsea but unless you can point out where there’s been some collusion/self-dealing, you can’t blame Chelsea for taking advantage of the existence of some other league where money doesn’t matter. What are they supposed to do, tell the Saudis they reject the valuation as too high?
Getting yourself all frothed up over this deal seems like a bit much. I’ve already said that Chelsea’s transfer “strategy” is a joke (both incomings and outgoings) but this is well down the list of deals that are even worthy of a conversation.
They should be overpaying on wages to get the talent to commit. They shouldn’t have to overpay on fee unless there’s shenanigans or buying a player the selling club doesn’t want to sell(not happening on this one)
He’s not the first to say that about Gravenberch. Kid has all the talent in the world. Unfortunately, he knows it.
what is the alleged collusion here? Overpay for this random 19 year old now and we’ll let you overpay for some random 29 year old later?
something to do with this… https://m.allfootballapp.com/news/E...rabia-for-meeting-with-Al-Hilal-chief/3113461 PIF are understood to have billions of pounds of assets managed by Clearlake, the American-based private equity firm who bought 60 per cent of Chelsea in a £4.25billion takeover last summer. PIF announced it will take control of four leading Saudi teams this week, also acquiring majority stakes in Al-Nassr - where Cristiano Ronaldo currently plays his football - and Al-Ahli.
Chelsea are going to do a lot more of buying a player, loaning him, and selling him without there ever being minutes. It's an obvious part of the dumb but entirely comprehensible asset speculation shit they're doing.
Again, this doesn’t begin to show why the Saudis would give Chelsea a sweetheart deal. Clearlake is a service provider and the PIF can move its money around if they’re displeased with Clearlake. Just look at LIV Golf. The Saudis just acquire the assets they can without any real grounding in market value. There doesn’t have to be anything insidious or underhanded about it (from the Chelsea side).
other than they were in violation of PSR rules coming into the season and somehow finds parties (that just happen to be close business connections) to bail them out by paying above market value for assets. This isn't hard, but I am done shitting up the thread.
“Hi, PIF - it’s us, Clearlake. We manage a lot of money for you, remember? As it turns out, we manage Chelsea, which is in a world of hurt due to asset mismanagement. Care to throw us a bone?”
I don’t think the scenario presented by NYGator is as far fetched as your acting There are plenty of reasons they(PIF) would take part, namely money and control.
what gave it away...the fact that they were just barely acquaintances in his example after sharing business dealings together worth billions of dollars, LOL?
ah yes, the control that comes with allowing your partner to realize a $6 million profit but not with owning billions of dollars of assets comprising an actually measurable amount of the controlling company’s ledger
you’ve spent the better part of two years whinging about Saudi jokes and the second Chelsea benefits from their stupid largess you’ve got the Charlie Kelly wire diagram out
Chelsea (who Clearlake only own 60% of) are a tiny portion of Clearlake’s assets (about 1-3% of 80 billion) and the PIFs investments in Clearlake are all quite small (~5%). The transfer fees are rounding errors in the schemes of these organizations. This is dumb people spending money they’ve found in their couch cushions, not some worldwide money laundering scheme.