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Thread: Match Reaction v Aston Villa

  1. #331
    bye Xhaka Can’t's Avatar
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    Quote Originally Posted by Fist of Lehmann View Post
    £150 includes stadium naming rights extension.

    One thing I don't get. Why did they ask for the deal to be so heavily front-loaded again? After the self same thing fucked us over last time?
    It fucks us over in terms of cash flow. However the overall amount needs to be accounted for in each of the accounting years covered by the deal.

    So even though we are accounting for income on the current deal and this goes towards any profit or loss, we aren't getting the liquid funds because the bulk of these will have been received years ago.

    So, when we report a £30M profit for the current year, while correct, some of this profit will relate to funds received years ago so go no way towards our current liquidity.

    Excuse the briefness of the accounting explanation, it is tough to do on a phone. But yeah, you are right, we are about to repeat the past and could store up future liquidity problems while turning what on the face of it looks like healthy profits.

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  2. #332
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    Quote Originally Posted by GB. View Post
    It fucks us over in terms of cash flow. However the overall amount needs to be accounted for in each of the accounting years covered by the deal.

    So even though we are accounting for income on the current deal and this goes towards any profit or loss, we aren't getting the liquid funds because the bulk of these will have been received years ago.

    So, when we report a £30M profit for the current year, while correct, some of this profit will relate to funds received years ago so go no way towards our current liquidity.

    Excuse the briefness of the accounting explanation, it is tough to do on a phone. But yeah, you are right, we are about to repeat the past and could store up future liquidity problems while turning what on the face of it looks like healthy profits.

    Sent from my HTC One S using Tapatalk 2
    I have a maths degree and what is this?

    Actually that's a pretty clear explanation. Do you think that the aggressive transfer profiteering we've seen in the last couple of seasons are down to similar cashflow problems at the end of our current deal?

    Are we selling off tomorrow in order to maintain healthy share price today?

  3. #333
    Pat Rice LDG's Avatar
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    Quote Originally Posted by Fist of Lehmann View Post
    I have a maths degree and what is this?

    Actually that's a pretty clear explanation. Do you think that the aggressive transfer profiteering we've seen in the last couple of seasons are down to similar cashflow problems at the end of our current deal?

    Are we selling off tomorrow in order to maintain healthy share price today?
    I should imagine, we're banking on other commercial revenue offsetting it this time.

    However N_Q has it summed up I reckon. I'm sure swissramble will be filling us in shortly too
    It's better to burn out, than to fade away.

  4. #334
    Member Kano's Avatar
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    i thought this was quite an interesting view from a fan:

    Which Arsenal Do You Want Back?
    I was at a wet and miserable Villa Park on Saturday night, and I was as disappointed as the next Gooner to only get a point, although I would give some credit to a well-organised and hard-working Villa side. But that isn't really the point of this mail. Towards the end, as has been jumped on by eager members of the press, Arsenal fans asked if Wenger knew what he was doing, and that they want their Arsenal back. I'm sure there will be comment on the first aspect of that, and I will not add to it. However, it did bring back the question I've been meaning to ask for a long time - which Arsenal do people want back?

    There are a few angles to view this from. In terms of the relationship between club and fan it is pretty low at present. So maybe this is it? Maybe people are harking back to a previous age of fan engagement and low ticket prices? I'm old enough (not quite 40 yet though - thanks) to remember the formation of the first independent Arsenal fan groups in protest to the David Dein created Bond scheme. My 'Guide to Football League Grounds' 1992 edition shows that Arsenal had the highest ticket prices in the league in conjunction with Man United. So my conclusion is that it isn't this Arsenal that people want back. It's always been expensive in relation to other clubs, and the club and fanbase have been fractured for many years.

    Maybe it is the ownership. The silent, rich American who is totally detached from the real fan. Who appoints a stooge in Gazidis to do his dirty work. Now, I have major issues with the ownership at present but is it that different from the past? I mean, can we all relate to the Hill-Woods or Bracewell-Smiths of this world? Again, I think this is a red herring. The ownership of Arsenal has always been elitist and detached. But, the club has also always been well run financially. I see little difference bar the nationality.

    I hear that David Dein is the answer. A real Arsenal man. He'll bring our Arsenal back. This is the man who introduced the Bond scheme, knocked down the North Bank, wanted to move us to Wembley and then sold his shares to an Uzbeki 'businessman' for a huge profit - leading to the current impasse we have at ownership level. Add in his solicitor son, Darren, who has been a major player in all the recent big money transfers out of the club in recent years (Fabregas, Nasri, RVP all had Dein in their 'team') and I need convincing that Dein is the knight in white armour some seem to think.

    Arsenal are actually a football club, as well as a well run business, so let's consider the situation on the pitch. Since 1996-97 (and the arrival of our current manager) we have not finished outside the top four. Prior to this we had finished in the top four only 25 times. Our average league position is higher than ever it has been. We haven't won a trophy for seven years now (© every newspaper in the UK) but in the 60s we won none at all. 70s? 4. 80s? 2. The period since the title in 1989 (our first in 18 years) has been our best in post war history. Two titles in the 90s and two in the 2000s together with a number of cups of various importance. So which Arsenal do we want back?

    The current situation on the pitch is frustrating. But Arsenal do not have a divine right to win every game, or to win trophies and we need to accept that. I would agree that there are short-term failings in the side, and that the apparent reluctance to spend money is irritating but this isn't getting 'our' Arsenal back. Because I'm not sure what 'our' Arsenal looks like. Is it the failing 1980s version, the nearly relegated 70s version or the current consistent but lacking glory version?

    There's a load more to say on this subject but I'll spare the rest of the readership the debate. I am genuinely interested in comments from fellow Gooners about this - which Arsenal do we want? I'll sign off with a couple of quotes from people who know the club far better than I.

    "I really like Arsenal. Do you really like Arsenal, or only Arsenal with trophies?" - Dennis Bergkamp.
    "Which Arsenal do they want back, the one Arsene created?" - Tony Adams.

  5. #335
    MOe Marc Overmars's Avatar
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    That's a very good post.

  6. #336
    Member Olivier's xmas twist's Avatar
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    Quote Originally Posted by Terry Tuffnutz View Post
    i thought this was quite an interesting view from a fan:
    Good article.

  7. #337
    MOe Marc Overmars's Avatar
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    I think "We want our Arsenal back" is just a general chant of disdain towards the board, Wenger and the team, rather than something that has a specific meaning.

  8. #338
    Pat Rice LDG's Avatar
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    Quote Originally Posted by Marc Overmars View Post
    I think "We want our Arsenal back" is just a general chant of disdain towards the board, Wenger and the team, rather than something that has a specific meaning.


    A venting of frustration that is now at overload.

    When all you get is soundbites from politicians, you get the wrath of the electorate. Except, we don't even get to vote. They just take our money and fuck off.
    It's better to burn out, than to fade away.

  9. #339
    Member Olivier's xmas twist's Avatar
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    Quote Originally Posted by Marc Overmars View Post
    I think "We want our Arsenal back" is just a general chant of disdain towards the board, Wenger and the team, rather than something that has a specific meaning.
    Some people are frustated, but some follow the crowd and believe it has a meaning to it.
    "I really like Arsenal. Do you really like Arsenal, or only Arsenal with trophies?" - Dennis Bergkamp.
    "Which Arsenal do they want back, the one Arsene created?" - Tony Adams.

  10. #340
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    The Arsenal I want back is the one that plays exciting football that was fun to watch. The football we play at the moment is shit. This is certainly something Wenger can be criticised for. Why did we dispense with power and pace to replace it with ponderous, tippy-tappy bullshit nothing ball? I hate the shit we play now, I can't bear to watch it, yet am compelled because I'm a fan. It's torture, the most pointless football I have ever seen. Even as recently as two years ago there was a degree of entertainment in our play. Now there's nothing, maybe 2-3 snippets of entertainment a month if we are lucky. It's intolerable and made even worse by the media still banging on about our entertaining style. It makes you wonder if you are insane, you see the boring shit and then you see the glowing reports and think WTF? What am I missing? Did I imagine the footie we used to play?
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