The Bitter Truth?

[Letters]

I suggest Letters should read it too and quit with the delusion that we've been poor and incapable of spending because of the incredible burden of a mortgage of 20m a year

I have never said that. Please stop making up things.

[Dein-machine]

Undoubtedly, even without these factors the old guard knew that the stadium project was going to leave us brassic in the short term. The property collapse meant that the expected revenues from the Highbury square project never materialised. You can pretty much understand in retrospect David Deins outspoken reluctance to move away from Highbury. Even before the rise of the oligarchs it's abundantly clear that the vast amount of money a club generates is not from gate receipts so the Emirates move has not exactly done much for us in terms of finances.

There was NO major property collapse in London. Those with money not trusting the banks to gain any returns from investment during recession/low interest periods would look to property/buy to let markets for investment. The new build properties in London ( depending on area ) continued to thrive during your so called property collapse.

[Power n Glory]

In light of this season, I’m sure Wenger had money to spend in the past but chose not to spend. Ozil was a massive signing this year but it’s never been beyond us to spend money on one star player and look for the odd bargain.

[Herbert_Chapman's_Zombie]

In light of this season, I’m sure Wenger had money to spend in the past but chose not to spend. Ozil was a massive signing this year but it’s never been beyond us to spend money on one star player and look for the odd bargain.

I'm less and less convinced the money is there, this 120million in reserves is probably being kept to guarantee the players wages in the result of finishing outside the top four. In last years we have posted pre tax profits, and in the one summer where we haven't made a profit in the transfer market we make a loss. I am beginning to think the operational running costs wipe out any money we make as a club, of course Wenger and the club are to blame for tieing down average players to large contracts that a club of our size simply cannot afford, and in fact a club that is anyway self sustaining can't afford.
Also what does 120m buy you? Well if you sign a player for 43million like Ozil and pay him around 150k a week for five years that's two thirds of that money wiped out.
I think Wenger should have done better with the players he has or spent the money he has more wisely but we cannot waste 250m over three years like a Liverpool because we don't have a financial benefactor.

[Globalgunner]

I have never said that. Please stop making up things.

You say it all the time. But i really cant be arsed to check your history. Not to worry, you'll be saying it again soon, once you think no ones watching.

[Shaqiri Is Boss]

but we cannot waste 250m over three years like a Liverpool because we don't have a financial benefactor.

[Dein-machine]

I'm less and less convinced the money is there, this 120million in reserves is probably being kept to guarantee the players wages in the result of finishing outside the top four. In last years we have posted pre tax profits, and in the one summer where we haven't made a profit in the transfer market we make a loss. I am beginning to think the operational running costs wipe out any money we make as a club, of course Wenger and the club are to blame for tieing down average players to large contracts that a club of our size simply cannot afford, and in fact a club that is anyway self sustaining can't afford.
Also what does 120m buy you? Well if you sign a player for 43million like Ozil and pay him around 150k a week for five years that's two thirds of that money wiped out.
I think Wenger should have done better with the players he has or spent the money he has more wisely but we cannot waste 250m over three years like a Liverpool because we don't have a financial benefactor.

Depends what you call waste - if we spend that money on quality players that bring success you will find that that the rewards will repay that money & ofcourse you still have the players value as as asset. you mention Liverpool wasting £250 mill, if they go on to win the league, get C.L money next year, attract bigger sponsorship deals because of their success then it will be money well spent.
Seems to me your attitude of not being able to afford this expenditure is in line with Mr Wenger's - others would say can we afford not to!

[Herbert_Chapman's_Zombie]

Well more four years Carroll, Suarez, Henderson, Downing, Sakho, Allen, Coutinho, Johnson, Jose Enrique, Sturridge,

Yes you have recouped a lot of that mine but regardless you make less than us through gate receipts and have had less tv revenue the last few years...so I'd imagine a lot of your transfer outlays are paid for by Henry rather than a self sustaining model. Don't get me wrong your not in the bracket of city and Chelsea but you can afford to spend money on players 15 million + consistently, we cannot.

[Herbert_Chapman's_Zombie]

We can't afford to spend 20 million on Jordan Henderson in the hope that he's as good as Aaron Ramsey, 12 million on mid table players like Joe Allen and Fabio Borini. It's like you telling me I should invest in property, but if I can't afford the deposit and I can't borrow the money it's empty advice.

[Marc Overmars]

We shouldn't still be talking about money really because we haven't collapsed due to a lack of it. I think it's become quite apparent the manager cannot extract anything else from his players now. It's the time of year where everyone is fighting for something but for some reason our players look dead on their feet and like they'd rather be elsewhere. Why???