jose - soccer

Chelsea aren't keen on handing boss Luiz Felipe scolari any cash to spend in the impending January transfer window. Like everyone else, the capital club has been affected by the frightening state of the global financial climate. Naturally, though, the sting of such worries takes has more ridiculous complexion at Stamford Bridge than anywhere else.

Reports suggest that billionaire Russian owner Roman Abramovich will have to choose to sell either the club or his £200 million mega yacht, Pelorus. In fact, he has allegedly sounded out buyers for the club already, hinting that the boat may be too dear to his heart.

According to Russian press agency Prime-Tass - who source an expert in football finance and, for some reason, someone of standing in German football - Abramovich's fortune has dwindled from €16.7 billion (£13.2bn) to €2.3bn (£2.25bn).

The giant yacht apparently has a couple of helipads and an anti-missile system to fend off pirates - a job given to skipper John Terry at the Bridge. Further reports in Russia hint at the practical affect which the crisis is having on Chelsea. For instance, apparently the players are paying for their own lunches.

Assets depreciation and another effects of the world financial crisis might have reduced Roman Abramovich's personal fortune from €16,700 million to €2,300 million, according to Russian news agency Prime-Tass.

This is the current scenario for the Russian tycoon, who must made a decision: either he puts Chelsea for sale (he invested more than €210 million since July 2003, including the team's debts) or he sells his yacht, which is said to cost some €200 million.

The press published statements from an expert in financial transactions in soccer and former manager of two teams from Germany; according to him, "rumors about selling Chelsea started spreading in November" and Abramovich "is looking for a broker to lead the transaction."

The club is yet to comment on the rife speculation.

(source: goal, sportsya.com)

Manchester United, Chelsea and Arsenal have established themselves in the world top five of highest-earning clubs, according to a new report. They made £580m between them last season and Deloitte, the business consultancy which compiles the Football Money League, believes their revenues will only increase as English clubs as a whole seek to maximise their money-making potential abroad.

"Manchester United have 300m overseas supporters but do not make as much money from them as possible," said Deloitte's Alan Switzer. "Even £2 extra from each fan would make an enormous difference. That is something all the big English clubs are now focusing on. The idea of a 39th game is part of that strategy."

A ninth Premier League title combined with a run to the Champions League semi-finals and a £14m-a-year shirt sponsorship deal helped United earn £212.1m in 2007. Chelsea made £190.5m in the same period and Arsenal took £177.6m, mainly from corporate revenue which doubled to £91m in their first season at the Emirates Stadium.

There are six English clubs in the top 20, Liverpool, Tottenham Hotspur and Newcastle United being the others. Financial analysts expect more to follow in 2008 because of this season's £300m Premier League broadcast deal.

The rich list 2008
1 (1) Real Madrid £236.2m
2 (4) Manchester United £212.1m
3 (2) Barcelona £195.3m
4 (6) Chelsea £190.5m
5 (9) Arsenal £177.6m
6 (5) Milan £153.0m
7 (8) Bayern Munich £150.3m
8 (10) Liverpool £133.9m
9 (7) Internazionale £131.3m
10 (12) Roma £106.1m
11 (15) Tottenham Hotspur £103.1m
12 (3) Juventus £97.7m
13 (11) Lyon £94.6m
14 (13) Newcastle United £87.1m
15 (16) Hamburg £81.0m
16 (14) Schalke 04 £76.9m
17 (-) Celtic £75.2m
18 (-) Valencia £72.4m
19 (-) Marseille £66.6m
20 (-) Werder Bremen £65.5m
(source: guardian.co.uk)