2MetePete

Born and raised in the 280🤑🏬

[Central @WestHam_Central]

THREE YEARS AGO TODAY

HISTORY MAKERS

WE DID IT

WE DID IT UNBEATEN

MOYES MADE IT HAPPEN

BOWEN SLOTTED IT HOME

DECLAN RICE CAPTAINED US TO HIS LAST EVER CLUB EUROPEAN TROPHY

🏆⚒️

[JnR @CFCJnR]

Chelsea fans saw Eghbali after the Spurs match and made sure to let him know what they think.

This is how it should be, protests shouldn't be cancelled, keep up the heat on this ownership.

[CarefreeLewisG🇪🇹📸 #YOURWORLDCHAMPIONS @CarefreeLewisG]

PHAHAHAHAHAHAHAHA It's everyone's fault except BlueCo according to them.

[STread CFC ⭐️⭐️ @STreadCFC]

Yet again another example of Alex completely bottling to calm out a director but pretends to be a voice for the fans…

Did the same with Eghbali last season as well and wouldn’t call him over for an interview🤡

These “fan channels” just want a pay out like AFTV….

[Nupy @Nupako_]

Estoy llorando a moco tendido. Nunca me iré de twitter. Que me entierren en los servidores.

[Kenzo 🇵🇹 @Solo9iii]

From the Arsenal content creators only Troopz Turkish DT Lee Gunner deserve a ticket to Budapest. These man spent thousands during the banter era home and away and now some TikTok prats are getting it for free 😭😭😭😭

[CarefreeLewisG🇪🇹📸 #YOURWORLDCHAMPIONS @CarefreeLewisG]

Have you FINALLY realised how badly YOU sabotaged our season you egotistical clowns!

You were happy to brief that everything wrong was on Maresca after he gave you a taste of success. WHAT CHANGED? #BluecoOUT

@ebehdad @Loz_Stew @todd_boehly @paulwinstanley9 @Dannythefink

[CFCDaily @CFCDaily]

🚨@Carra23 👏👏 — Please listen and watch this. He has hit the nail on the head. [sky]

[Bobby F. 🍁 @bobbyfairview]

Dear @ebehdad

RE: The Conflict of Perverse Incentives

I want to be fair to you. You had less than a month to structure a complex billion pound transaction, so some mistakes were always going to happen. But the mistake I’m describing isn’t an execution error. It’s a conceptual flaw baked into the deal from day one, and it has permanently poisoned your strategic position.

You built a structure with three stakeholder groups, and you only have a fiduciary duty to one of them. That was always going to end badly. Let me explain why.

A man came to you and said he had £300m and wanted to buy a business for £4.2bn. Two of his mates would chip in £300m each. You lent him the rest. To their credit, they’ve been matching cash calls ever since. But here is what you actually agreed to: you needed Boehly’s money, which meant Boehly got something in return. What he got was influence over the sporting operation. And the first thing he did with it was sack Thomas Tuchel so he could have his dressing room access.

That decision, made to protect your financial relationship with a co-investor who couldn’t actually afford the asset, is what set everything else in motion.

Roman left you a blueprint. He won trophies, built a global brand, and maintained a fair value that always exceeded his cost basis. Central to that was Cobham. Fans across England sing “he’s one of our own” for a reason. That bond between a club and its homegrown players is not sentiment. It is enterprise value. You dismantled it. You sold the graduates and killed the pipeline, not because it made sporting sense, but because your financial model required short term asset monetisation over long term brand construction.

You have now spent more on transfers than any ownership group in the history of football. Chelsea are currently 9th. Below Brentford. Below Brighton. That is the sporting output of your model, and those fans who sang “he’s one of our own” have noticed.

Here is where your conceptual flaw becomes permanent. Boehly has £100m of interest accrued and payable to Ares. You have at least £600m sitting in the Cayman Islands, accruing and payable to COP III. Across the group the interest bill is approaching £400m this year. That means you have no choice but to run this club for one purpose: to make debt service payments. Managing a football club to pay interest has never worked in the history of this game unless you’re Manchester United. Your problem is that you don’t have their revenues. So you are flipping players to fund cash flow.

There will be no properly experienced signings. No manager with real authority. No trophies. You’re caught in a sell-to-buy death spiral and fans have worked out exactly what is happening.

If you’ve made it this far in my letter, this is the part I’d encourage you to sit up and focus on. You need the fans more than they need you. Every day more of them are learning what this structure actually means for the club they love, and they are making a rational decision: do not buy the brand of an owner who is just here to pay interest.

Your perverse incentive is to balance the books, manage the asset, and extract the best possible valuation before the debt matures. Their perverse incentive is to make sure you never get there, because the only exit that actually serves their interests is Ares foreclosing and forcing a sale to someone who can run this club properly.

Think about what that means. The fans who generate the revenue you need to service your debt are now rationally incentivised to undermine that revenue.

You created a structure where your key stakeholder group is rooting for your creditor to take the club from you. That is not a communication problem or a PR problem. It is a structural conflict with no resolution inside your current ownership model.

I’m not sure what the long term prognosis is for a business in that position. But I think you already know.

Yours truly,

bf

[NotAProjectCFC @NotAProjectCFC]

🚨Statement on the sacking of Liam Rosenior🚨

We acknowledge this afternoon’s breaking news regarding the sacking of Liam Rosenior.

While the timing may come as a surprise, the outcome itself was inevitable. Liam was not equipped to lead a club of Chelsea’s stature, and his appointment in the first place was a clear reflection of an ownership group that continues to treat Chelsea as a sporting experiment rather than the elite institution it has been for decades.

From the outset, it was clear to fans, media, pundits, and even players that Liam was placed into a role at the wrong stage of his development. At a time when the squad was crying out for an experienced, authoritative leader, the club instead appointed someone still learning his trade, simply because he fit their internal model.

This is the consequence of an arrogant and misguided structure.

We want to thank Liam Rosenior for stepping into an impossible situation. He took on a role under an ownership that has created an unstable and damaging environment, one that had already driven out his predecessor under extraordinary circumstances. His intentions were never in question.

However, intentions are not enough at a club like Chelsea.

As a fanbase, we demand a manager that reflects the stature, ambition, and expectations of Chelsea Football Club. We reject the idea that the role of a head coach can be reduced to data points. Leadership, experience, and the ability to command respect remain fundamental to success at the highest level.

Today’s decision is yet another damming indictment of an ownership and sporting structure that is not fit for purpose. It reinforces what many already know, that those currently in charge are not the right custodians of this football club.

The club has spoken of “self reflection” in its statement. We believe that process must start at the very top. Perhaps the club has come to the conclusion there is a statistical relationship between a manager and results.

Behdad Eghbali must be held accountable for the environment that has been created. Paul Winstanley, Laurence Stewart, and Joe Shields must also take responsibility for a series of appointments and decisions that have consistently fallen well short of the standards we demand.

Any new appointment must go beyond data and fitting a rigid model. It must be about restoring a connection between the squad and the fans. That same principle must apply across the coaching staff and those in decision making positions at the club. Without that connection, there can be no identity, and without identity, there can be no success.

We will continue to hold the club to account and will be announcing further action this season directed at those responsible for the continued decline of Chelsea Football Club.

BluecoOut.

[Steve G ⭐️⭐️🇬🇧 @SW6Steve]

Respect to the lad at front holding up the BLUECO OUT banner at full time right in FRONT of the pathetic players faces, a mate said it was Glen so respect to you mate https://t.co/KaarCQnrlE

[Charlie Patrick @charliepatrick0]

Ugly full time scenes.

Chelsea players and Liam Rosenior booed.

There’s no coming from this.

It’s all over.

[NotAProjectCFC @NotAProjectCFC]

Message delivered!

#BluecoOut

[Chelsea Dodgers @TheBlueDodger]

🚨 Chelsea believe the main reason for their stop-start season has been the unplanned mid-season change of coach which the club were forced into when Enzo Maresca effectively quit.

(@Matt_Law_DT) #CFC

[Sarmo ⚫️🟠 @sarm0161]

Good lord.

[FK @FK09____]

All timer 🤣

[𝐒𝐚𝐦𝐢𝐞 @Lfc_samie]

I’M CRYING MAAAAN 😭😭😭😭

[NotAProjectCFC @NotAProjectCFC]

🚨🚨 PROTEST MARCH ANNOUNCEMENT!!

Date: Saturday 18 April
Game: Chelsea vs Manchester United
Action: Protest march alongside fans of RC Strasbourg

NotAProjectCFC is proud to announce joint protest action in unison with four supporter groups representing more than 2,000 fans of Racing Club de Strasbourg ahead of Chelsea’s match at home to Manchester United on Saturday, 18 April.

As a result of the continued erosion of values at both football clubs, we have decided to come together to take action with one clear, unified message: Blueco Out

Members of Ultra Boys 90, Kop Ciel et Blanc, Fédération des supporters du RCS and Pariser section have kindly agreed to fly over to London and walk in unison with us on a protest march towards Stamford Bridge ahead of the match.

Supporters of both clubs are invited to join us on this march. We plan to shine a light on not only the incompetence and mismanagement at Chelsea Football Club, but also the restrictions implemented by multi-club ownership, where clubs like RC Strasbourg are being stripped of their identities, and where longstanding and respected fan groups are being censored and repressed by a brutal ownership.

We believe this could be a seismic moment in the history of football, where fans of clubs from separate countries will come together to do what is right not only for our clubs individually, but for the sport more widely.

Together, we can force change.

#BluecoOut

Further details of this march will be announced in due course.

@UltraBoys90
@fsrcs
@Kopcieletblanc
@PariserSection

[CarefreeLewisG🇪🇹📸 #YOURWORLDCHAMPIONS @CarefreeLewisG]

Mfers thought the players were happy Maresca left because Palmer didnt post on insta for a few days 😂🫵🏾

Enzo Fernandez you know ball mate. Propa Chels