All Things Footie

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All Things Footie | Wednesday, July 2 | Jordan

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Well, it wasn’t quite so much of a transfer flurry as a mild inkling of activity. David Bellion has signed for United, Teddy Sherignham for Portsmouth, [David Dunn for Birmingham — ed] and Papa Smurf has severed his financial ties with Chelsea and sold half the club to Russian businessman Roman Abramovich. After dragging them out of the doldrums and turning them in to a Champions League club, even those that dislike Ken Bates have to admit that he’s achieved a great deal with Chelsea. He can now retire on around £140m, though he’ll still keep an exectutive position at the head of Chelsea football club.

I’ll dodge the ‘Chelski’ quips and pseudo political communist inferences — I think this deal will be excellent for Chelsea. At the very least they are now financially sound.

At the beginning of the 2002/3 season, Chelsea were close to administration and needed around £80m to salvage themselves. Champions League qualification gave them a respite, but now, with Abramovich’s fortune lying somewhere between 3 and 5 billion pounds, clearing those debts is just a drop in the ocean.

In other news, have a read of footblog; it’s a fascinating football weblog supposedly written by a current professional. I’m not wholly convinced it isn’t a wind up, but from some of the things written on there (like calling one of his teammates a ‘dick’) I’m not surprised he wants to remain anonymous. I’d suggest reading through all the posts while the site’s still young, then you can say you were in there from the start.

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10 Previous Articles

  1. Peas in a pod
  2. Still Nothing?
  3. A little respect
  4. Excitement mounting?
  5. Adios David!
  6. The search
  7. I give up
  8. Just 11 weeks to go
  9. Every Dog Has Its Day
  10. Best of 2002–3