[Chelsea had borrowed heavily from financial institutions, principally to fund stadium development. Ruth Giste, the widow of the late club director Matthew Harding, had also demanded repayment of a significant sum loaned to the club.] Fans did not know that in January the club had mortgaged, if you will, the TV revenues, ... It borrowed against the TV revenues that were to be handed out in August. -Bruce Buck

 

[Chelsea had borrowed heavily from financial institutions, principally to fund stadium development. Ruth Giste, the widow of the late club director Matthew Harding, had also demanded repayment of a significant sum loaned to the club.] Fans did not know that in January the club had mortgaged, if you will, the TV revenues, ... It borrowed against the TV revenues that were to be handed out in August.


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This quote is just one of 8 total Bruce Buck quotes in our collection. Bruce Buck is known for saying '[Chelsea had borrowed heavily from financial institutions, principally to fund stadium development. Ruth Giste, the widow of the late club director Matthew Harding, had also demanded repayment of a significant sum loaned to the club.] Fans did not know that in January the club had mortgaged, if you will, the TV revenues, ... It borrowed against the TV revenues that were to be handed out in August.' as well as some of the following quotes.

I'm sure there'll be conversations about the tapping-up rule and let's see what develops. The rules could certainly be tweaked in this area.

Bruce Buck

[Chelsea had borrowed heavily from financial institutions, principally to fund stadium development. Ruth Giste, the widow of the late club director Matthew Harding, had also demanded repayment of a significant sum loaned to the club.] Fans did not know that in January the club had mortgaged, if you will, the TV revenues, ... It borrowed against the TV revenues that were to be handed out in August.

Bruce Buck

We are almost certainly going to appeal. We believe that attending the meeting (with Cole in January) did not go over the line... we think that the sanctions are totally disproportionate to the alleged sin.

Bruce Buck

For the next five days, lawyers worked day and night; they gave us a lot of financial information, so we understood there was an urgency.

Bruce Buck

You have seen the transfer spend go down just in one year and you will see it keep going down.

Bruce Buck