Stolen money, crooks
God forbid these people made money through legitimate ways.
Think people need to grow up a little. Fair enough if you don't want us to be taken over and stay in this mediocrity. I however would rather we compete with the big clubs by any means necessary. I'm a gooner after all
Saudis, legitimate?Originally Posted by Cripps
Stolen money, crooks
God forbid these people made money through legitimate ways.
Think people need to grow up a little. Fair enough if you don't want us to be taken over and stay in this mediocrity. I however would rather we compete with the big clubs by any means necessary. I'm a gooner after all
Me grow up?
Für eure Sicherheit
Considering they would have their hands chopped off if they were doing anything illegal, I'd say they are the most legitimate country ever.
Not like England where drinking, drink driving, raping etc is seen as a good time and not punishable
Anyone who lives in the sand is a terrorist or is funding terrorism.Saudis, legitimate?
Me grow up?
And I should know, I've seen Fox News.
I have no geopolitical adversity to such a move, it's that i do believe in the term "financial doping" and i think it's a form of cheating.....i think it would be hypocritical of many of us who bemoan the artificiality of the chelsea/man city acheivements and accept it for Arsenal.
It's also extremely short term thinking, maybe ask Malaga fans what they think of their middle eastern owner
Also look at what Man City have spent in the last three-four years and tally it up with what they have achieved, not exactly the most impressive of return on investment.
http://www.youtube.com/watch?v=9dUoxruCh8c
it's all we have left. how many other people in the world can afford to buy a business for so much, bar billionaires from anywhere in the world?
until the game falls to pieces and the money floods back out of the game, we'll always be under the control of rich men with their own agendas and/or dodgy histories. it's pretty fucked up tbh.
It's the royals doing the chopping. They don't chop their own hands off for stealing.
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http://www.forbes.com/sites/bobbymcm...a-decade-late/Then why not spend the cash reserves of $190M reported in the semi-annual accounts a couple of weeks ago?
Jumping to the conclusion that Arsenal has $190M available to spend on new players is like looking at your bank balance after pay day and deciding that you can spend the lot.
What you have in the bank is only relevant once you have accounted for all the payments that have yet to clear and the liabilities you need to settle before pay day comes around again.
Of the $190M on Arsenal’s books, $35M has to be held in reserve under long-term debt covenants. There is another $210M worth of liabilities that must be settled in the next year. That means a negative position of $55M but that is offset by $105M in monies owed to Arsenal within the next year.
So a $190M cash reserve dwindles to a net reserve of $50M.
Without fixating on the $50M as a transfer fund there is further reason that Arsenal should be able to sign more players (and better?) this summer.
A number of contracts are up this summer and it is clear that Arsenal is not going to renew most of them. Salaries of at least $25M per year could drop off the books.
good read.
I dont want us operating along the same lines as City or Chelsea. Nor do I want us to operate as we currently do.Stolen money, crooks
God forbid these people made money through legitimate ways.
Think people need to grow up a little. Fair enough if you don't want us to be taken over and stay in this mediocrity. I however would rather we compete with the big clubs by any means necessary. I'm a gooner after all
All I want, and I suggest others do as well, is for us to make the maximum use of the resources the Club generates.
If that were to happen along with being well managed, we could compete and feel genuine pride in what we achieved, just as we did in the past.
If you don’t send this signature to ten people, you will become a Spurs fan.
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