Can Chelsea become the world’s biggest club?
Posted on February 23, 2008 Filed Under Headlines
The Russian “money man” (ROMAN ABRAMOVICH), who bought Chelsea in June 2003, continues to pump vast amounts of his fortune into the business. Already he had spent £578 million and will be injecting £810,000 more if his Blues lift the Carling Cup on Sunday.
Chief executive Peter Kenyon insists that they’ll reach the break even point by 2010 despite losing £74.8m last year. He further said: “Breaking even is ambitious but I don’t think it’s something we are postponing. It’s no less ambitious than saying in 10 years’ time we want to be recognized as a top international club.
“£204,931 A DAY and £8,539 AN HOUR”
Chelsea’s aim is to reduce the transfer spending, which reduced to £11.7 million as compare to £84.5 million in 2006 and £126.7 million in 2005. Kenyon said: “The real measure to us is reducing our investment in transfers and if you look at our trend we have gone down significantly.”
So this means, the possible transfer The Brazilian master Ronaldinho to Stamford Bridge could just end here. About this, Kenyon said: “I’m pretty sure we won’t be signing Ronaldinho. We’re always looking to keep the age profile right. It’s fundamentally got to be somebody who will contribute to the team and have a long-term view.”
Ask about the stability of the club under Avarm, he said: “Yes! Avram has got on with the job quietly and efficiently, under some pretty significant hurdles in terms of injuries and the African Cup of Nations.”
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