No, he said there was money to spend last summer. And we spent plenty. We recovered a fair bit too but it was a net positive spend for a change. Recently the big sponsorship deals have kicked in, replacing the expedient deals that were connected to the stadium project and loans. Next summer is very different to summers gone. There's a potential to spend and then spend every year thereafter. Of course whether they do it is another matter. If they don't they'll get slaughtered and rightly so.
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That's what Wenger should have done last season especially when you consider he's in the last year of his contract. There was nothing stopping us from doing it. Ivan was serious last summer when he said we had resources available but we didn't plan ahead. This was the perfect opportunity show that we're a force to be reckoned with. City and Chelsea had slow starts and that's down to their managers having their first season with their respective teams. We'll have another summer to try and get this right but against teams with unlimited resources, we're going into next season at a disadvantage and the players will know that. We'll hear Wenger talk more about FFP and it it just sets up the inferior complex straight away.
This season, it felt different and the buzz around the club was positive but things have turned sour very quickly because we're repeating the same shit. The fans have lost patience quickly, the team looks jaded and it's a reflection of what Wenger has done. He's run the team into the ground needlessly.
We've got a summer to try and improve but you can't assume all the other teams will stand still. Man Utd will spend crazy money to get back into the CL, Liverpool will be pushing to assemble a better team....we'll have our shot again but right now, this was the best shot we've had in 9 years. I can't believe we haven't taken it. I don't blame the players, this is a management issue. He doesn't learn. He's crocked Ramsey not too long after breaking Wilshere in a very similar way, Giroud lucky not to have broken down but he still keeps sending him up despite the poor form, he never makes use of his subs, we're still mucking around on contracts (Sagna).....
I just can't understand it. Why are repeating the same mistakes? I'm not saying we haven't improved on defence and looking more solid, but I'm very tempted just to attribute that to Bould. We need to shake up the people around Wenger in the same way the Board needed shaking up. We're now seeing the revenue coming in and some forward thinking about how the club should be run. We need to inject Wenger with some new ideas and hunger. Do we need a Director of Football to handle our transfer dealings....we need something to change because I'm not convinced we'll do much this summer if things don't change internally.
That's untrue. Wenger had £70m last summer and he said more was coming in as seen with the Puma deal. 'We can do things that will excite you'. Remember that? When Ivan was talking crazy, Wenger was looking at cheap deals for Sanogo and Flamini, talking bollocks about Sanogo not making the headlines because he doesn't cost £50m. The kid has yet to feature for us and he's been injured all season. It pisses me off the more I think about.
http://metro.co.uk/2013/06/07/ivan-g...sfers-3832068/
I'm merely reporting the facts that are available.
The excitement was understandable. After the years of relative hardship, Arsenal are now moving into a period when all their long-term planning should finally come to fruition.
They are developing the fiscal power to compete with Manchester United and, if Uefa’s new financial fair-play regulations are enforced, move clear of Chelsea and Manchester City.
Gazidis’s frustration is more complicated. It concerns not only the failures of this past season but also the repeated accusation that Arsenal lack ambition. “We get beaten up along the way but I think we are extraordinarily ambitious,” he said.
A glance this week at Deloitte’s latest report into the health of leading European clubs supports his claim. With the benefit of moving to the Emirates evident in their match-day takings, Arsenal are already sixth on the list of Europe’s richest clubs, with an annual turnover of £234.9 million.
What is often overlooked, however, is that to secure the funding to build the Emirates, Arsenal sacrificed a series of commercial opportunities. Decade-long deals were agreed in 2004 for their kit and shirt sponsorship which have offered diminishing market value over the past five years.
In 2011-12, Arsenal's commercial revenue of £64.9 million was dwarfed by Manchester United (£145.4 million), Bayern Munich (£201.6million) and even Liverpool (£99.1million).
For that reason 2014 has long been looked on as a sort of promised land by the Arsenal board as their major commercial deals expire then. New sponsors or dramatically enhanced renegotiations are being rapidly secured.
With Emirates continuing as the shirt sponsor, a kit deal with Puma agreed in principle and further partnerships around the world, an annual increase of £70 million has been secured.
If Arsenal maintain a relatively conservative 60 per cent salary to turnover ratio, that will make an annual wage bill of £180 million easily affordable within the next two years. For context, Chelsea’s current wage bill is £173 million and Manchester United’s £162million.
What this means to those clubs below them is also significant. Whereas Arsenal planned for the day when their commercial revenues would catch up to their real value, those clubs who have not moved stadiums, notably Tottenham, Liverpool and Everton, face falling even further behind.
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Exactly right.
NOTE: The location of this post has been moved and the thread title (which was previously Wenger is Leaving) has been manipulated by a notorious pro-Wenger moderator. What was previously a message that contained no profanity and made a comment on a real life event has now been manipulated by a deliberately provocative title. An old and crude propaganda and censorship technique.
http://metro.co.uk/2013/06/07/ivan-g...sfers-3832068/
These are the facts. Words quoted from Gazidis last summer.‘This year we are beginning to see something we have been planning for some time, which is the escalation in our financial firepower,’ said Gazidis.
‘I’m talking about an extra £70million of additional, high-margin revenue which we will be able to use.
‘We have a certain amount which we’ve held in reserve and we also have new revenue streams coming on board. All of these things mean we can do some things which would excite you.