How much is Chelsea worth?

Of course, this is an impossible question to answer. Chelsea is worth as much as any consortium is prepared to pay for it. But football finance guru Kieran Maguire uses his accountancy skills to attempt an answer: http://priceoffootball.com/how-much-is-chelsea-worth/

He concludes: 'anyone bidding £2.5bn-£3bn for Chelsea is assuming that the business has been poorly run historically OR there are substantial untapped revenue sources (SuperLeague Mark II or NFT’s?) or cost savings to be achieved in the future…or the prospective owners simply want a trophy asset and are willing to pay a premium to acquire it.'

The first letter of each sentence spells out something about Vladimir Putin.

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The Political Economy of Football V2

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