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Thread: Arsenal owner Stan Kroenke angers fans by taking £3m out of club

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  1. #1
    Asian Clique Head Bhaiya The Emirates Gallactico's Avatar
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    Quote Originally Posted by Dein-machine View Post
    Its £5 mill less than Wenger takes out & in relation to what their doing to this club - its a bargain.
    They're completely different situations.

    Wenger's actually providing a tangible service (management) and is rightfully getting a salary for it (whether or not it's too high is another debate).

    Kroenke sits on his arse all day and doesn't provide anything to the club yet feels content with withdrawing 3 million out of the club for "consulting services". Until this gets cleared up (probably at the AGM) it looks dodgy as hell and just a mask to siphon money out. Kroenke shouldn't be withdrawing money out to get back his return - moreover the increase in value of his shares since purchase (probably already pocketed 200 + million) should account for that.

    Now there's no questioning the legality of it, as principal shareholder and a board member he has the influence and power to direct the club to do what he wants, however it isn't a moral or sensible thing to do in the face of an increase in ticket prices and general unhappiness with the squad at the moment.

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    Quote Originally Posted by The Emirates Gallactico View Post
    They're completely different situations.

    Wenger's actually providing a tangible service (management) and is rightfully getting a salary for it (whether or not it's too high is another debate).

    Kroenke sits on his arse all day and doesn't provide anything to the club yet feels content with withdrawing 3 million out of the club for "consulting services". Until this gets cleared up (probably at the AGM) it looks dodgy as hell and just a mask to siphon money out. Kroenke shouldn't be withdrawing money out to get back his return - moreover the increase in value of his shares since purchase (probably already pocketed 200 + million) should account for that.

    Now there's no questioning the legality of it, as principal shareholder and a board member he has the influence and power to direct the club to do what he wants, however it isn't a moral or sensible thing to do in the face of an increase in ticket prices and general unhappiness with the squad at the moment.
    I know - it was a bit of a tongue in cheek moment!
    However, I would say that it could be argued that Wenger's tangible service to the club over the past few years had been more in line with "mis-management", but hey - I suppose he needs paying.

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