Summer Transfer Misery and Recriminations.

The pay is a few million here and there compared to what other execs and managers earn yearly, so it's small change in the larger scheme of things. The valuation of the shares was based on the clubs market value, with the largest being the asset of the tadium itself, so the money they made didn't come from the fans but Kroenke and Usmanov. The real money, the £200m in the bank, has come off the backs of the fans though. Kroenke saw an investment opportunity and he's sure as hell made the most out of it.

You know what the absolute foolish thing about all this is? You know what appreciates the most in value in football? Players. A typical 20 - 24 year old player today has nearly doubled in value from 5 years ago. You have average pub team strikers like Troy Deeney being touted for 25 million minimum when 5 years ago even half of that would have been ridiculous.

Even from a pure economic "running the business" point of view, hording cash in the bank is absolutely asinine. You get little return on it considering current interest rates. Remember that 70 million warchest we used to have stored away? Now that doesn't even buy you Higuain. Not only does it make football sense, but it also makes financial sense to spend some money on youngish talented players.

No but when you are trying to build a multi-billion dollar stadium across the Atlantic, it sure as hell adds to the value of the assets you own so you can borrow the money you need.

Quote:

---

Originally Posted by fakeyank

So if we cant even compete with the big boys now that we have moved to the Emirates, what was the fucking point of moving to the new stadium then? :rolleyes:

---

The valuation of the club has more than doubled. The revenues have shot through the roof. The owners are sitting on a gold mine. All great news. This is what success looks like in modern football.

Why such little discussion about Varane?

...And don't you quite fancy Lacazette Ozim? Are you at all enthused / heartened by the bid?

Chelsea bid 38m for Koulibaly.

Was thinking he'd be suitable for us but if that's the kind of money it will take to get him, there's no chance in hell Wenger would ever spend that much on a defender.

Quote:

---

Originally Posted by Kano

The money isn't going into their pockets, it's sitting there in a bank being used as an asset to secure Kroenke's other projects.

---

Money makes money. You don't need to put one stash of money in your pocket to generate cash off the back of it. Just provided the original pot doesn't dwindle - and they are bloody experts at making sure that never happens.

Legalised thieves. Not because they robbed the money but because they robbed the club of it's true purpose.

Quote:

---

Originally Posted by Blink 1nce Quince 2wice

...And don't you quite fancy Lacazette Ozim? Are you at all enthused / heartened by the bid?

---

:lol:

Quote:

---

Originally Posted by Blink 1nce Quince 2wice

Why such little discussion about Varane?

...And don't you quite fancy Lacazette Ozim? Are you at all enthused / heartened by the bid?

---

I'd love Varane, quality centre back, won't happen though.

Yes I would like Lacazette, but the bid was way below their valuation and was a while back, so it appears this deal is dead.

Coquelin said on the Arsenal snapchat that he was training as a CB today

:haha:

Internal solutions :bow:

That's our CB done