After making an £80m in the last financial year,
Chelsea Football Club expressed doubts
about whether it could achieve its target of requiring no external funding by
‘’The finances of the owner Roman Abramovich have been investigated by the
Chelsea board and auditors in order to verify that his commitment to the club is
for the long term,’ Buck said.
‘In signing the accounts both the board and our accountants have to make
investigations and take a view that the funding for Chelsea in the reasonable
future is secure. I can assure you that the board made its investigations and
the accountants also. We did what we had to do and we are satisfied with the
financial security of Chelsea going forward,’ Buck added.
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Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements