Anyone know what this is now? How long before the excuse of having to pay off the stadium can no longer be used? Or indeed prove many people wrong and be the turning point where we do begin to invest heavily once more.
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Anyone know what this is now? How long before the excuse of having to pay off the stadium can no longer be used? Or indeed prove many people wrong and be the turning point where we do begin to invest heavily once more.
Our debt is minus two squidillon quid.Quote:
Originally Posted by The Verminator
Turning point is when Wenger leaves. 2014.
Dont know what the debt level is, it was down to £125m or so last I heard. Should be all paid off by 2013 I think.Quote:
Originally Posted by The Verminator
Yep, £25mill RvP, £60mill Jack plus general profits then it's all gravy, pure profit.Quote:
Originally Posted by Save me Jeebus!
:lol:
Dont forget the £34m for cesc and £25m for nasri, oh and chuck in £11m for bendtner too.
That takes a huge chunk off.
I'm guessing you are asking about the debt level because you are trying to make sense of a situation that makes no sense at all.
I'm hoping that once the debt is cleared we will start acting sensibly in transfer windows.
Not likely though is it!
We need better commercial deals. City has one that brings in £40mill a season. The eqivilant deal for arsenal only brings 7mill a year. Granted, city's deal is as corrupt as fuck, but it expains the advantages clubs like united, even with the debt they have, have over us.
I'm starting to think this is the only explanation.Quote:
Originally Posted by GB.
Wenger's not suddenly this bumbling idiot and if people think that a new manager would come in and spend, spend, spend and everything would be rosy then I'd suggest they're sadly deluded.
Wenger doesn't want to spend, he loves bringing kids through and signing more kids...and with all his words about big spending and finances it's seems pretty clear he's doing it to prove a point.
We don't owe that much so it makes no sense to worry about that debt, it'll be paid off soon enough, we've paid it off far more quickly than expected.
It makes absolutely no sense to neglect the playing side at this stage as success on the pitch brings massive rewards internationally in a financial sense.
Well if our largest shareholder and owner does not want to pay off the debt, then the simple conclusion is that he wants the clubs profits to pay it off first, in order that he can then cream it when it's paid.
Simple logic.
It will of course mean that the pure profit with no debt senario will yield more funds for the playing staff.
The more I think about it, the more I think AW is, to a degree, sacrificing himself in all of this. Maybe I'm reading things wrong, but I think he's part of the plan to rid the club of the stadium debt.
People will laud the next manager when he eventually comes in....but I think the new manager will have it fucking easy compared to AW. And that says something to me.
Of course, that doesn't excuse Mr Wenger of the atrocious decisions he's made tactically and in the transfer market (and by that I mean not buying when we most needed it...not necessarily the players he's bought).
Entirely incorrect. The tendency for people to keep making excuses for AW is impressive albeit deluded. This is a man who has no qualms spending 12m on some kid from the lower leagues but refuses to pay slightly more for established players.Quote:
Originally Posted by Letters (TPFKA WWTL@WHL)
Once again i wish people would take the time and read the financials. It's really all there. Your stadium repayments are 25m(ish) a year and seeing as you were able to meet those repayments at highbury i'm pretty sure you have no problems meeting them in a stadium that brings in shitloads more money than highbury ever did.
If your club decides to repay the debt in record time at the expense of the team's on-pitch success then they are incredibly stupid. You aren't legally bound to repay the debt in 2years or some such crap. It was a long term repayment deal and while paying it off early might seem like a good idea, it's only a good idea if it's done in a balanced way.
Plus the irony of course that if you did get some fucking quality in, you'd win more stuff which = more money (from TV, UEFA, commercial stuff etc). I mean ManUtd have twice your debt and level of repayments and they seem able to repay their debt + invest in the team + win stuff. So it's bullshit that your debt is the reason you can't do a thing. If that was the case ManUtd would be fundamentally fucked.
:gp:Quote:
Originally Posted by StamfordBrdige
Yep, fans still can't seem to bring themselves to realise that Wenger has created an almighty mess all by himself.Quote:
Originally Posted by StamfordBrdige
We just spent £15m on a League One 17yr old FFS. Gary Cahill's buyout clause is £17m. Yet it's still the board's fault.
Wake up!!
We're about to get £50m from Nasri and Cesc sales!!
You're saying the board have NO say in Wenger's transfer dealings or his budget for them?
good post stamford, it actually makes me laugh when people say Wenger is not stupid but from the evidanc\e of the last few seasons he so clearly is. His record of mistakes on and off the pitch are becoming legend. The guy is deluded and so are his supporters. He is indefensible when you look at the facts. All we hear are poor excuses which only the stupid take any note of.
Another manager of any quality could put this right.
Wenger is a great coach but a terrible terrible manger
They would have told him Nasri is being sold, that's just common sense.Quote:
Originally Posted by Letters (TPFKA WWTL@WHL)
They would never tell him who to buy and who to sell (other than Nasri)
They give him a budget, sure. Wenger said two days ago he can spend £30m, £40m on a player but he can't find the quality.
Do you seriously think Wenger would say such a thing if he doesn't have money to spend? Seriously?
Of course not.
:gp: People on here are biased by Wenger hate, so anything he does will be critisised. even if he does bring it on his self.Quote:
Originally Posted by Letters (TPFKA WWTL@WHL)
I love how they all think he has the bored wrapped around his finger, t hen think the boared will sack him too.
I'm saying it's up to AW to get the players in. If AW wanted to spend 70m on one player i'm sure the board would tell him to go fuck himself (and rightly so). Ashley young cost ManUtd 17m. For a bit more than you paid for some kid from league one you could have got ashley young (for example).Quote:
Originally Posted by Letters (TPFKA WWTL@WHL)
I'm pretty sure a board that sanctioned the purchase of some kid for would see the logic in paying a bit more for an established international PL experienced player. Unless you are suggesting otherwise.
You got rid of Clichy and are relying on Gibbs + some other random kid. Meanwhile enrique gets signed by Liverpool for 6m. You really telling me your club can't pay 6m for a LB.
How do you know they gaveh him a budget was you there at the time? or are you believing what the sun tells youQuote:
Originally Posted by Grebbo
So you think Wenger wanted to Sell Nasri then, no chance all down to the boared, who would never let him go for free.
I know of no other case where a manager has been consulted on the appointment of a CEO. AW clearly has major pull in the club hierarchy. You speak as if this is Real Madrid where the manager is just a puppet or something. This isn't real madrid we're talking about, this is a PL club and in most PL clubs the manager is the one who decides which players get signed (unless buying said player will bankrupt the club).Quote:
Originally Posted by Charlie the Gooner
I'm pretty sure buying enrique wouldn't have bankrupted arsenal.
I just told you about Nasri.Quote:
Originally Posted by Charlie the Gooner
We are making massive profits and paying tax on these profits (the only club in the Prem who is paying tax).
So you think the board just wants the money to sit there even though they don't take dividends (yet)?
In that case we are not a football club we are a savings account (for Stan) and PHW and Wenger should re-sign and tell us the truth. Instead Wenger will end up dying of a heart attack with the amount of pressure that's only going to increase.
And in case you forget Wenger just spunked £15m on a 17yr old League One player!!Quote:
Originally Posted by Charlie the Gooner
Selling Nasri is common sense. Letting him run down his contract would be seriously daft. Sell the dude, get the money and buy some fucking quality players with it. What's silly is letting it drag on this far when they should have got rid of him a long time ago and used the money to get replacements in.Quote:
Originally Posted by Charlie the Gooner
They don't tell him who to buy that's for sure.Quote:
Originally Posted by Letters (TPFKA WWTL@WHL)
Moroever if they sold players left right and centre without his approval I'm pretty sure he wouldn't stay on as he would see it as intefering in team affairs.
He couldn't persuade Cesc to stay, just like he can't persuade Nasri to sign a new contract and stay.
I guess the board must have made him do that too!Quote:
Originally Posted by Grebbo
Which is why any talk Wenger makes about being unable to afford players and the market being overpriced is complete garbage.Quote:
Originally Posted by Grebbo
You can't complain about a young English top quality CB being overpriced at 17M, or a Spanish first team player for a top four side being overpriced at 14M, or a PL regular 1st choice GK being overpriced at 4M and then spend 15M on a 17 year old and expect people not to call you absolutely fucking insane.
15M on Oxlade-Chamberlain is far more overpriced than 38M on Aguero.
Yep he is under pressure and coult lead to this if he ain'r careful tbh, Could not tell you what the boared wants to do this days they all seem to spout the same shite anyway.Quote:
Originally Posted by Grebbo
well they not against it are theyQuote:
Originally Posted by ItsMe
Wenger says he will only buy players that are better than the ones we already have.
So many names you could post in here that are simply crap and Wenger HAS indeed bought them.
The bloke is an incompetant liar no two ways about it.
So what? He chooses who he signs it's pretty clear, I'm sure he has input on who is sold too.Quote:
Originally Posted by Charlie the Gooner
That's the whole point, he builds the team according to his view of what it should be, the board don't stop him doing that, your comment in fact proves my point further.
So you think he wanted Fabregas and Nasri gone and the team left like that? And if AW has all this power over the board you moan about, then no point you crying he should be sacked because its not going to happen as he is that powerful.Quote:
Originally Posted by ItsMe
Cesc & Nasri wanted to leave. That has fuck all to do with the board or AW or anyone else. It's not up to the board if the player wants to go now is it? If you want to leave your job then you want to leave your job cos you as an individual have made the choice.Quote:
Originally Posted by Charlie the Gooner
I'm sure AW & the board would prefer it if they had both stayed but the players made a decision and you could drag it out and fuck up the dressing room atmosphere or you try to work it to your advantage. Which they have as they stand to make about 50m from the whole thing.
You really need to change the record and stop reiterating the same blanket statements. Many do read the financials, some I dare say have a much better understanding of it than you. But, and this is the crux here, many, myself included are trying to make sense of a situation that makes no sense. We are speculating on what is motivating the actions of Wenger, the Board and the Owners along with discussing the dynamics between those parties. Those making excuses for Wenger are few and far between, and that you apparently fail to understand this as displayed in your posts, leads me to question your capacity to comprehend anything you read.Quote:
Originally Posted by StamfordBrdige
:pQuote:
Originally Posted by GB.
:lol: I see you understood that!
On a more serious note, what's your take on it?Quote:
Originally Posted by GB.
I'm good like that.Quote:
Originally Posted by GB.