Discover and read the best of Twitter Threads about #asfc
Most recents (2)
After 19 years of ownership Roman Abramovich has announced the “incredibly difficult decision” to sell Chelsea “in the best interest of the club” following Russia’s invasion of Ukraine. This thread will look at the financial state of the club as prospective buyers circle #CFC
Abramovich is surely worried that the government will try to freeze or seize his assets, due to his alleged links to Russian president Vladimir Putin. He is not yet on the list of oligarchs being sanctioned, but if he were added, he would almost certainly be unable to sell #CFC
In truth, this decision has seemed a matter of time ever since British authorities delayed the renewal of his visa in 2018, after which he acquired Israeli and Portuguese citizenship. He attended a match at Stamford Bridge for the first time in three years in November #CFC
Promotion on almost the lowest budget in League Two & thriving in League One on definitely the lowest budget, a look at #ASFC finances after the club gave us open access to it's finances. Club has matchday income of less than £2m a year which works out at less than £300 per fan. 
League 2 clubs are given relative crumbs in terms of broadcasting money, & thanks to the way the 'Big Six' of MUFC MCFC Arsenal LFC CFC & THFC have sneaked through changes to the distribution method, will earn less from 2019
#ASFC earned just over £1/2m from commercial & other income in 2017/18, mainly from sponsorship via owner @AndyhHolt's WhatMore group. This is a way of owner supporting club without pumping it full of debt.
