Monday, December 18, 2006

Chelsea in £9 million Purchase of Watford Points

Chelsea moved to the top of the Premiership this morning after successfully buying Watford’s points. The £9m transfer came as a surprise to the rest of the Premiership, but with Watford already having given up any hope of staying in the Premiership, the audacious purchase of all their points benefits both clubs.

Chelsea chief executive Peter Kenyon commented ‘These ten points are exactly the sort of boost the club needs at the moment and could be the difference that helps us retain the Premiership. For Watford, the money will allow them to rebuild their squad to have another tilt at promotion next year. As they say ‘you can’t take them with you’.

The champions now have 45 points, although their goal difference has of course suffered, particular considering the four goals that Chelsea have now ‘conceded’ against Chelsea. But the transfer puts them four points ahead of Manchester United who are now rumoured to be in negotiations with Charlton over a loan of some of their points until the end of the season.

Chelsea’s share value rose after the news. However the company fell several places on the FTSE 100 index after they were deducted points for fielding an illegible accountant.

(shamelessly stolen from NewsBiscuit)

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