Yeah but no matter what the board and spreadsheets say we're broke, you should know this.
Yeah but no matter what the board and spreadsheets say we're broke, you should know this.
The King Is Back.
I am curious how you state this so categorically? You have access to the club's bank accounts?Originally Posted by Boss
While all answers are responses, not all responses are answers.
I was being sarcastic - we have plenty of money to spend. Not as much as Citeh and Chelsea of course, but there's no reason we couldn't spend 50M in a summer (on a collection of players not one).
As for the bank accounts, everyone in the public has access to the club's financial statements, which amounts to the same thing...
http://www.arsenal.com/assets/_files..._-_Interim.pdf
The King Is Back.
Tegistan tearin it up!
Apologies Boss. No excuse for missing the sarcasm but I have seen far too many people go on about the lack of funds in other fora.
As an aside, but related to the money situation, a friend suggested the following: Sell Fabregas and Nasri (in excess of 50 million according to news reports), and re-invest the money and their combined salaries in getting Aguero.
Last edited by Toronto Gooner; 20-07-2011 at 01:07 AM.
While all answers are responses, not all responses are answers.
Somewhere along the line, the clubs policy and principles changed. Unfortunately they did not inform the fans and the Stadium was the best excuse to cover the 'change'. Last year we sold Kolo and Ade to City. Net income @ 40mil. What happened to the money? The question no one is asking is ...How many SHARES has AW got? In case you are not aware, any senior personnel in any company is offered shares. The staff are also allowed to buy more at discounted prices. How many shares has AW got? I ask again!!!!. If any of us were AW (with huge investment in Arsenal Shares), what would be your natural reaction? Make money for the company and therefore yourself ...No?
The owners are definitely not complaining. They are having better returns on their investment. AW was once asked whether he is not being overpayed by the club. His response was "I believe I make so much money for the club" Go figure it out. He is not going anywhere. Management is happy, he is happy ... the rest of us can go to hell. Ask yourself, would any top coach refuse to pay 1mil more (Fulham Keeper) if he really wants to win a trophy? Yep... he was he was I mil over valued that was his excuse for not buying the Aussie....we had sold Kolo and Ade for close to 40. AW is not interested in trophies anymore. He is just making more money before he retires.
I asked that same question, mate. But he was once asked if he had shares in the company but he thought it was unethical for a manager to have shares in a club. Maybe he's got shares under his daughter's name! Lol.
People need to take a breath, players are coming, but ''noise'' is for other clubs consumption not fans #arsenal
Although i think this summer has been a shambles, we are where we are. And we are in a position where club is break even on the....
web 26/08/2011 14:29
football side of things in terms of finance, which means every time we buy a player we ''have'' to drive a hard bargain. This will change...
web 26/08/2011 14:30
..in 2014 when we get circa £40m profit to bottom line until then we are where we are. Hence why it takes us ages to sign a player.
web 26/08/2011 14:30
Which means that in effect AW is right, the last 48 hours could be madness as clubs try and sell and buy.
web 26/08/2011 14:31
And no im not being positive, nothing will change my view that 'summer' clubs actions have been a total mess #arsenal Just bieng realistic
web 26/08/2011 14:32
Once you add property sales we will show a profit up until May,take that away & we are about break even in finances on what we spend/recieve
web 26/08/2011 14:34
Hence sales need to pay for purchases in effect until we drive revenues otherwise which wont be to 2014. #arsenal
web 26/08/2011 14:34
Hence the rational of why he has kept on saying that 4th is like winning something,because #arsenal have to stay 4th to keep revenue current
web 26/08/2011 14:37
Same guy of my OP
"what it means to be human - to be featherless, two-legged, linguistically conscious creatures
born between urine and faeces whose bodies will one day be the culinary delight of terrestrial worms.."
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