Quote Originally Posted by Letters (TPFKA WWTL@WHL) View Post
I'm starting to think this is the only explanation.
Wenger's not suddenly this bumbling idiot and if people think that a new manager would come in and spend, spend, spend and everything would be rosy then I'd suggest they're sadly deluded.
Entirely incorrect. The tendency for people to keep making excuses for AW is impressive albeit deluded. This is a man who has no qualms spending 12m on some kid from the lower leagues but refuses to pay slightly more for established players.

Once again i wish people would take the time and read the financials. It's really all there. Your stadium repayments are 25m(ish) a year and seeing as you were able to meet those repayments at highbury i'm pretty sure you have no problems meeting them in a stadium that brings in shitloads more money than highbury ever did.

If your club decides to repay the debt in record time at the expense of the team's on-pitch success then they are incredibly stupid. You aren't legally bound to repay the debt in 2years or some such crap. It was a long term repayment deal and while paying it off early might seem like a good idea, it's only a good idea if it's done in a balanced way.

Plus the irony of course that if you did get some fucking quality in, you'd win more stuff which = more money (from TV, UEFA, commercial stuff etc). I mean ManUtd have twice your debt and level of repayments and they seem able to repay their debt + invest in the team + win stuff. So it's bullshit that your debt is the reason you can't do a thing. If that was the case ManUtd would be fundamentally fucked.