Excellent article Luke. You hit the nail on the head. These guys are ambitious, they have a 10 year plan and we’re just at the outset. Yes they’ve made mistakes and they are on a learning curve but so did Roman. Let’s not forget that it took Liverpool and Manchester City, four years after the new ownership before they won anything. Liverpool had huge problems at the outset and had to have a complete change in focus before they got success. Finally, Arsenal have played good football for two years, but I’ve yet to win anything.
Tampa are owned by the Glazers (lol) & got Tom Brady out of retirement to win a super bowl... I would love to be like Tampa right now HAHAHA @Michael you sucker.
These Private Equity guys play to win. Yes they want to increase the value of their investment but they know that the more we win the more their investment will increase improve. I have no doubt they are ambitious- but that does now mean they understand premier league and European ‘soccer’ and they have shown themselves to be incredibly naive.
Putting a billion down for players, and the same amount, if not more, for a new stadium is clearly not a lack of ambition.
I suspect they will be learning and course correcting a huge amount over the next few years. But I do hope they realise soon that they need to bring in top football executives. The sooner they bring in a CEO of football to better for all of us.
Dont think their ambition is to win trophies.... just win enough so we stay relevant and increase our worth / revenue... so more like being in the CL consistently. But they have miserably failed in that so far. An uncooked and unbalanced squad that lacks PL ready players. Said it some time back... we are now the Arsenal of old. Only multiple failures will make them realise their mistakes and swallow their ego.
If someone has not read it already then read the 'last days of rome'. Its excellent from Tweeds.
If the Dodgers are anything to go by, I believe they are, these guys absolutely want trophies. That’s how you stay relevant, increase revenue, and increase the team value.
Making bold (borderline stupid) transfer moves and paying top dollar is not how you have a comfortable existence. They dug a hole knowing that only consistent success will be able to get them out of it
Wicked read mate. I really do question the appointment of Poch. I was/still am all for it but it seems like whatever they discussed and he asked for in his interview just got completely ignored. From what I remember, he wanted priority prem proven players which I was excited to hear as we had just signed a load of young players in Jan who didn’t really look ready to carry us up the table and be consistent. The SDs seemed to do the complete opposite and continue to buy players with little/0 prem experience. Really frustrating as there was some very good players available in the summer like Declan rice, Maddison, Guehi and many others who I think would have been a solid base to build with. I also agree that the owners do seem ambitious but there just seems to be a lack of experience on their part and too much faith and reliance on data to sign young talents who they believe will eventually come good. There also doesn’t seem to be any sort of alginment between Poch and the SDs which I think is really important. They shouldn’t hire a manager if they don’t have faith and confidence in what he requires to take a team forward. Our rivals like city, Liverpool and Arsenal all have a recruitment team which work towards the managers style to help them achieve the club targets. There just seems to be no vision on a style of play from the SDs and our transfers have been chaotic
"Alex Goldberg who has great sources has done an article saying Clearlake just want us to “compete” they ain’t that fussed about winning as long as they are making money. Hence the youth project."
I think the way it is meant to work is you buy a promising young South American for around £5 million, develop and play them, and in so doing increase their value (e.g. Brighton). Then wait for a bigger club (probably Chelsea) to come along and pay £100 million.
Unfortunately Chelsea model seems to be you pay around £20 million for the latest Brazilian wonderkid , who turns out to be more Pato than Ronaldo - reward him with the first of a series of appalling loans - and watch his value tumble. Not the way to make money..................
The only way the investors will make money is to turn big club Chelsea into very big club Chelsea and then sell the whole shebang for a profit.
I think we are only judging on 18 months of these young lads and their loans, the beauty of young players is talent doesn't falter, you break even at minimum but it is a clever way to make money, if it pays off.
I vaguely remember that one of the clauses within the club purchase contract was that they (blue co) must “invest” £1B in player purchases within a period of x years (I think it was 5Yrs).
In my opinion, I feel that a lot of this “ambition” is down to hitting contracted targets to avoid voiding the purchase contract.
But regardless of the reasons, ambition is ambition. We just need to remind the owners of the prize fund for winning the UCL 😂
In prize money, perhaps. But it is so much more involved than that. Below is an excerpt from an article. All these figures were released by UEFA as the actual value each team got for the 2020-21 UCL season.
"Chelsea earned €119.7 million for their triumph in Porto, while City took home €119.1m.
Their share came from a total fund of nearly €1.9 billion ($2bn) shared by the 32 Champions League clubs. That total has risen to more than €2bn for the current and next two seasons.
Semi-finalists Real Madrid and Paris Saint-Germain received €109m each - the only other clubs to earn a nine-figure sum from the European governing body.
[Europa League] Winners Villarreal received €33.1m."
Exactly, ambition is ambition and why they are doing it doesn't matter as long as they are doing it and are being ambitious, its not like they are spending 100 mil on Chris wood just to spend money......
Excellent article Luke. You hit the nail on the head. These guys are ambitious, they have a 10 year plan and we’re just at the outset. Yes they’ve made mistakes and they are on a learning curve but so did Roman. Let’s not forget that it took Liverpool and Manchester City, four years after the new ownership before they won anything. Liverpool had huge problems at the outset and had to have a complete change in focus before they got success. Finally, Arsenal have played good football for two years, but I’ve yet to win anything.
Tampa are owned by the Glazers (lol) & got Tom Brady out of retirement to win a super bowl... I would love to be like Tampa right now HAHAHA @Michael you sucker.
These Private Equity guys play to win. Yes they want to increase the value of their investment but they know that the more we win the more their investment will increase improve. I have no doubt they are ambitious- but that does now mean they understand premier league and European ‘soccer’ and they have shown themselves to be incredibly naive.
Putting a billion down for players, and the same amount, if not more, for a new stadium is clearly not a lack of ambition.
I suspect they will be learning and course correcting a huge amount over the next few years. But I do hope they realise soon that they need to bring in top football executives. The sooner they bring in a CEO of football to better for all of us.
Dont think their ambition is to win trophies.... just win enough so we stay relevant and increase our worth / revenue... so more like being in the CL consistently. But they have miserably failed in that so far. An uncooked and unbalanced squad that lacks PL ready players. Said it some time back... we are now the Arsenal of old. Only multiple failures will make them realise their mistakes and swallow their ego.
If someone has not read it already then read the 'last days of rome'. Its excellent from Tweeds.
If the Dodgers are anything to go by, I believe they are, these guys absolutely want trophies. That’s how you stay relevant, increase revenue, and increase the team value.
Making bold (borderline stupid) transfer moves and paying top dollar is not how you have a comfortable existence. They dug a hole knowing that only consistent success will be able to get them out of it
I hope they do.
Dodgers are not owned by private equity vultures. We are.
Boehly has limited say here… so unfortunately the comparison is not a valid one. This is Clearlake’s project.
Wicked read mate. I really do question the appointment of Poch. I was/still am all for it but it seems like whatever they discussed and he asked for in his interview just got completely ignored. From what I remember, he wanted priority prem proven players which I was excited to hear as we had just signed a load of young players in Jan who didn’t really look ready to carry us up the table and be consistent. The SDs seemed to do the complete opposite and continue to buy players with little/0 prem experience. Really frustrating as there was some very good players available in the summer like Declan rice, Maddison, Guehi and many others who I think would have been a solid base to build with. I also agree that the owners do seem ambitious but there just seems to be a lack of experience on their part and too much faith and reliance on data to sign young talents who they believe will eventually come good. There also doesn’t seem to be any sort of alginment between Poch and the SDs which I think is really important. They shouldn’t hire a manager if they don’t have faith and confidence in what he requires to take a team forward. Our rivals like city, Liverpool and Arsenal all have a recruitment team which work towards the managers style to help them achieve the club targets. There just seems to be no vision on a style of play from the SDs and our transfers have been chaotic
"Alex Goldberg who has great sources has done an article saying Clearlake just want us to “compete” they ain’t that fussed about winning as long as they are making money. Hence the youth project."
I think the way it is meant to work is you buy a promising young South American for around £5 million, develop and play them, and in so doing increase their value (e.g. Brighton). Then wait for a bigger club (probably Chelsea) to come along and pay £100 million.
Unfortunately Chelsea model seems to be you pay around £20 million for the latest Brazilian wonderkid , who turns out to be more Pato than Ronaldo - reward him with the first of a series of appalling loans - and watch his value tumble. Not the way to make money..................
The only way the investors will make money is to turn big club Chelsea into very big club Chelsea and then sell the whole shebang for a profit.
I think we are only judging on 18 months of these young lads and their loans, the beauty of young players is talent doesn't falter, you break even at minimum but it is a clever way to make money, if it pays off.
I vaguely remember that one of the clauses within the club purchase contract was that they (blue co) must “invest” £1B in player purchases within a period of x years (I think it was 5Yrs).
In my opinion, I feel that a lot of this “ambition” is down to hitting contracted targets to avoid voiding the purchase contract.
But regardless of the reasons, ambition is ambition. We just need to remind the owners of the prize fund for winning the UCL 😂
It's not that much, less than £20m for winning the final lol
In prize money, perhaps. But it is so much more involved than that. Below is an excerpt from an article. All these figures were released by UEFA as the actual value each team got for the 2020-21 UCL season.
"Chelsea earned €119.7 million for their triumph in Porto, while City took home €119.1m.
Their share came from a total fund of nearly €1.9 billion ($2bn) shared by the 32 Champions League clubs. That total has risen to more than €2bn for the current and next two seasons.
Semi-finalists Real Madrid and Paris Saint-Germain received €109m each - the only other clubs to earn a nine-figure sum from the European governing body.
[Europa League] Winners Villarreal received €33.1m."
Source:
https://www.thenationalnews.com/sport/football/2022/05/12/rich-list-how-much-did-chelsea-earn-from-their-2021-champions-league-win/#:~:text=Chelsea%20earned%20%E2%82%AC119.7%20million,the%2032%20Champions%20League%20clubs.
Plus all of the extra TV Revenue for UCL and PL, the higher you finish in the PL the more competition and TV revenue you earn
Exactly, ambition is ambition and why they are doing it doesn't matter as long as they are doing it and are being ambitious, its not like they are spending 100 mil on Chris wood just to spend money......