Kieran Maguire of the PriceofFootball takes an in depth look at the latest Chelsea accounts: The Lion Sleeps Tonight
He concludes, 'The biggest fly in the ointment is Roman Abramovich and his intentions. He has invested a huge amount in the club and clearly has some affection for it, but his lack of appearances at the ground for the last year and the decision to not go ahead with a new stadium leaves Chelsea falling behind the rest of the pack potentially in future years.'
'Using the Markham Multivariate Model we value Chelsea presently at about £2.8 billion, but that value is likely to fall if the club cannot maintain the level of profits on player sales and qualify for the Champions League.'
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