wooooooooooo money to buy star players....
....oh wait
wooooooooooo money to buy star players....
....oh wait
Old GW:
Total Cumulative Posts 4,487 ( 0.23% of total forum posts )
Joined 23-August 06
hey perhaps they will use that money to reduce ticket prices?
no
Ok
You mean PHW has money to buy a few more boats.Originally Posted by Marc Overmars
So how much is available then IvanChief executive Ivan Gazidis added: "It's important to acknowledge that the most important thing for this football club, the most important thing for our fans, and the most important thing for the board and the people that work at the club is how we do on the pitch.
"We have a healthy cash balance of £115million for the half year.
"But it's important to understand that not all that money's available to invest in transfers.
Gazidis said: "We can't gear our entire financial model around that — that expectation — because that would place the club in jeopardy if we didn't qualify.
"So we've always got to keep something in reserve in case things don't go our way."
Finishing outside the top four would make Arsenal a less attractive club to current and potential players.
Gazidis said: "There are very few clubs in the world that you would go to ahead of Arsenal in terms of consistently being there.
"I don't see that adversely impacting on our ability to attract players or retain the top players that we have."
Funny to hear him say now how much we need the CL and how we can attract players if were not in it.
http://www.thesun.co.uk/sol/homepage...sri-sales.html
Last edited by Olivier's xmas twist; 27-02-2012 at 03:52 PM.
But as far as I can make out, £46m from player trading and only about £3.5m elsewhere.
Wenger may not have explicitly said the £15-20m profit we need to make every year come from player sales but there's not a lot there from other sources.
That said, these are the interim figures from the 2 quaters including the off-season so there are probably better numbers at year end.
Would be kind of ironic though, if we lost £45m through CL non-qualification by making £46m on players that would have got us the CL in the first place.
Well Charlie, We do not talk about an exact figure and there is a very good reason why - because it would impact our negotiating position with other clubs and that would mean that we would not be able to do what we want to do as efficiently as we want to do it
It's better to burn out, than to fade away.
"We have to invest efficiently, we have to invest sensibly."
He added: "We do spend all of the money we generate — we do invest it in the squad.
"That doesn't mean we get every decision right
Last edited by Olivier's xmas twist; 27-02-2012 at 05:31 PM.
There's an hour long programme on BBC 5live tomorrow at 8:30pm about Arsenal. I think it's mainly to do with the financial side of it but the blurb on it also says it's about Wenger too.
Martin Keown and Christian Purslow will be on it
Might tune in, I never listen to radio but a mate of mine has started doing a local show which I've listened to a couple times and realised it can be quite engaging.
You can watch the studio live on the website if you wanted. Was doing that for the Monday Night Club whilst they were talking about Arsenal, Motty talks with his head fixed staring at the table.
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