PHW- "increased revenues allow us to continue to be competitive and to keep pace with ever present cost pressures within the game"
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PHW- "increased revenues allow us to continue to be competitive and to keep pace with ever present cost pressures within the game"
Gazidis- "Club is strongly placed to succeed over the long term. off field revenue growth will provide sustainable funds for future investment in the team"
oh piss off slaphead.
gazidis- "continue to be successful in attracting top brands to sign on as commercial partners largely because of proposition we offer".
loadsamoney!!!!
thats the lot.
arsenal making profit which we all knew anyway. will the manager spend? we'll wait and see.
i was talking hypothetically. if wenger wanted he could easily go on a spending spree. there aren't any major restrictions such as the queensland development project and our debt has gradually reduced. there is cash to spend unlike the first couple of years.
we're in the green right now, when we renegotiate our sponsorship deals in 2014 we'll be fucking loaded. which is when stan will sell up.
:lol:
Yeah. Tbf, nobody can say we're a badly run business. The issue amongst fans is why we don't spend.
I guess your answer is looking at the current squad...which for me, all of a sudden seems really good :blink:
Inetersted to see the long term debt, and whether we're still paying off massive chunks....
not massive chunks because early repayment of debt has penalties (believe it or not). and i think we've got a low steady interest rate so there's not much point either.
but a self-sustainable model is all about spending what you make. in the first couple of years we weren't making much so couldn't spend much, but now we are so we can (or stan can pocket!).