Arsenal's Debt Level

[The Verminator]

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.

[Niall_Quinn]

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.

[Niall_Quinn]

Turning point is when Wenger leaves. 2014.

[KSE Comedy Club]

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.

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.

[Niall_Quinn]

Dont know what the debt level is, it was done to £125m or so last I heard. Should be all paid off by 2013 I think.

Yep, £25mill RvP, £60mill Jack plus general profits then it's all gravy, pure profit.

[KSE Comedy Club]

Dont forget the £34m for cesc and £25m for nasri, oh and chuck in £11m for bendtner too.

That takes a huge chunk off.

[Xhaka Can’t]

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.

[The Verminator]

I'm hoping that once the debt is cleared we will start acting sensibly in transfer windows.

Not likely though is it!

[Letters]

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 starting to think this is the only explanation.
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.

[Alan B'stard]

gross debt, basically the total size of the two bond issues is something like 250 million quid. no chance to pay that back early either since its not feasible to buy those bonds back on the open market. one those bonds is 50 millionish and about 10 years to term, and the other is much longer. 25 years maybe?

In practice, the club doennt pay off debt early, but rather just sticks it in the bank and lets the interest it earns count towards the payments due on the bonds.

SO taken this way, the net debt was something like 140million in the last accounts if memory serves.