The Bitter Truth?

http://www.arsenaltrust.org/news/lat...un-to-nov-2013

It's worth looking through this as Globalgunner suggested and we can cut the speculation.

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Despite the huge increases of recent years and summer culling of deadwood the wage bill is still likely to grow by £11m over the season to around £165m (an increase of 7.2%). This will come as a surprise to many but is explained by the following: the new deals for the 'British Core of Five' coming on stream in this financial year; the impact of Champions League qualification bonuses becoming payable in August once the play-off game was won; the return of Park and Bendtner to the squad from loans last season; the cost of adding a stellar signing like Ozil to the squad with Arsenal for the first time paying Galactico wages.

The club have explained that they see maintaining a wage bill at 65% of the club's total turnover as sustainable and are clear that their aim is to increase wage spending to get closer to the £180m/£190m recently recorded by Man Utd and Chelsea. This reflects the close correlation that exists in modern football between wages paid and football success.

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The wages are increasing but is to get it close to the numbers Chelsea and United which is maintainable. We plan to stretch it even further. We just have to distribute smartly. They're is no point in having at that level and not having the squad to back it up.

The point I am making is because of the wage bill we can't afford the players or to make the wage bill higher than it is already, a wage bill two thirds of your turnover is sustainable only at current spending levels. So the only other option is to sell all our players and start again from scratch, and we can't afford to do that because we need the money from champions league revenue. It's a catch 22 situation we are fucked no matter who we have as manager. What other business in the world spends two thirds of what it makes to pay its staff, not even Banks with the obscene bonus culture.

How stubborn can you get? The club say they can afford to increase the wages and go as far as £190m. You're just plain wrong. The debate is done.

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Originally Posted by Globalgunner

You've expended more than 30 posts exhorting us to agree that we can't afford to compete, lamenting how our wage bill is too high yet justifying how we must pay average players high salaries to prevent them leaving. Defending Wenger's position while insisting you are not his supporter. Also you started this campaign with the ludicrous proposition that we probably saved 120m to pay for Ozil and his wages. You post unsubstantiated figures and ignore counters with links attached to them.
You seem to be arguing essentially that we can't compete because it's impossible. So in essence we close down the club and divide ourselves amongst the supporters of the minted 3.
Basically, nothing you have said is reasonable or logical.
Please no one should bother replying him anymore because he has no point and Arguing is the only point.
Sad individual.

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:gp:

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Originally Posted by Power_n_Glory

How stubborn can you get? The club say they can afford to increase the wages and go as far as £190m. You're just plain wrong. The debate is done.

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So you believe everything that the club says even though the maths don't add up?.
Man United can afford their wage bill because they are a global brand and make loads more in overseas marketing than we do.
We can just about break even with our current wage bill so the idea that we have the money to spend on players to bump it up further still is ludicrous, it doesn't work.

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Originally Posted by Power_n_Glory

How stubborn can you get? The club say they can afford to increase the wages and go as far as £190m. You're just plain wrong. The debate is done.

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Fine go on believing in fairies and that everything will be fine in the magic kingdom once the big bad Wenger is gone.

Yes, I'll trust you instead. ;) You're not even taking into account the revenue increase from commercial deals and broadcasting in that report. Or what else can happen over the next few years with sponsorship deals. It's all there in the report.

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Originally Posted by Herbert_Chapman's_Zombie

Fine go on believing in fairies and that everything will be fine in the magic kingdom once the big bad Wenger is gone.

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Herbert can i ask you a question.Would you rather

1/ Have the club completely self suficient in the way it operates but finishing where we do every year and in the process fleece our supporters for £65-£100 per ticket to watch us.

2/ Use one of our multi billionaires to imput say £100m a year which gives us a realistic chance to win the premier league and champions leage and also reduces the Wages in line with the likes of man city to £25-£50

I know which i would choose.

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Originally Posted by saintnickle

Herbert can i ask you a question.Would you rather

1/ Have the club completely self suficient in the way it operates but finishing where we do every year and in the process fleece our supporters for £65-£100 per ticket to watch us.

2/ Use one of our multi billionaires to imput say £100m a year which gives us a realistic chance to win the premier league and champions leage and also reduces the Wages in line with the likes of man city to £25-£50

I know which i would choose.

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Exactly those are the only two choices we have (though City have got a ridiculous wage bill so don't really understand what your saying) and neither are really palatable. I literally don't think I could support the club anymore if we were owned by Usmanov, because I pride myself on having a moral compass and respect for human rights. Things that would be in direct conflict with the values of human garbage like that.

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Originally Posted by Power_n_Glory

Yes, I'll trust you instead. ;) You're not even taking into account the revenue increase from commercial deals and broadcasting in that report. Or what else can happen over the next few years with sponsorship deals. It's all there in the report.

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You mean the commercial deals that might net us another 30-50 million a year which buys you one 10-15 player and his wages for five years, wow I bet Chelsea and Man City must be pissing themselves at our financial firepower.