What is the long term ambitionof our club????

[Alan B'stard]

PHW is a man of conviction who cannot be bought, don't you think?

well people kiss dein's arse but this is the man who pocketted 70 million and put no money in himself.
Likewise Tony Adams lionises fiszman but his estate made huge profits too.
and lady nina pissed off with well over 100 million so she can shut the fuckj off too instead of sniping on twitter. Cunt.

like him or not, PHW has been a steward of the club and not made a huge killing on any shares cos he really hasnt had many (dein took them off him in the 80s). He has been part of a profiteering baord but he has also beeen a steady hand on the tiller. People are wrong to blast him and misss that point

[Alan B'stard]

Bankers have been a vile curse on humanity for centuries, they have destroyed everything - even hope. Football is just another casualty in a long line. I'm not saying they directly forced anyone to take their imaginary money, but what they have done is created an all encompassing financial environment that means nothing anywhere moves without paying them their cut.

Where does the principle income originate for any football club? Gate receipts and brand merchandising, plus exploitation of home grown talent or an efficient scouting network. We take the intervention of banks for granted, but what service do they actually perform that warrants their massive return on an imaginary risk? They do nothing, build nothing, enhance nothing. It's the customer funding the club in real terms, we generate the actual wealth. The bankers come along and offer to create money out of thin air at zero risk and hand it to the club in advance of customer receipts. But this comes at the cost of eroding the final revenue by whatever amount of insanely greedy interest the bankers want to leech. We don't need them, we've just allowed them to create the conditions in which they dictate their own indispensability. In that respect I agree, we're to fucking blame for allowing bankers to exist at all - my original point.

As for the cuntish board, by comparison they're just little fish snouting around for a free meal. Filthy pigs it's true, but just another product of the world the bankers have carefully crafted. The stunningly simple but perfectly effective solution is to insist clubs operate on receipts arising from football and only football. Shirt sales would be fine, selling flats? Fuck off, what does that have to do with a football club? Let clubs fail when they run out of money. Pay lower wages, have less fancy stadium, less TV, less of everything. That's football genuinely living within its means. Local lads growing up supporting a club and working through the ranks to score the winning goal at Wembley. That's football, a thing to stir the blood, not some crappy roulette wheel for fat corporate bastards and a blood bank for thieving scum bankers who, if they operated as they do in any other industry would be instantly jailed or hanged. Cunts. Burn them.

Yes, I'm mad. Just like anyone else who suggests the very cosy and convenient arrangements set up by banksters and their cronies is not inevitable, that there really is an alternative - indeed an alternative mankind has actually experienced in the past, not some fanciful leap into the unknown. Every cunt of influence tells us how it has to be, what's rational, immutable, inviolable. And it just so happens these rules and constants are maximised to line their fucking pockets at the expense of everyone else. How fucking convenient.

Yeah, it's the bankers. They are at the root of every fucking evil on this earth. Every last one. It's just not so easy to pick out the individual cases now we are deluged beneath their bullshit. Too big to fail they say. To fucking crooked to live is my motto. Kill the cunts if you want to save football and everything else.

just to play devils advocate - its not the banker's fault that people get get ripped off buying to lets in places they have never been. thats sarah, phil, kirtsy and every other T>V show cunt who convinces mongs that spluffng your savings on property is free money.

[gunsofashburtongrove]

The debt (bonds) we have is £177million at 5.142% fixed until 2029,
plus £50 million at 3m libor+0.22 till 2013 and then rising to 3m libor+0.55.

This debt has a charge over our gate receipts. It is not low interest and it is impossible to pay it off early without incurring hefty early exit penalties. Best we can do is acccumulate cash in a deposit account, net these totals argue that our 'net debt' has been reduced. However if you think about it, that bank account isnt going to earn anything like the interest we are obliged to pay out above.

@AB The fin results for year ending may 2011 has just been published. The groups overall debt is mentioned as 97.8 mil down from 135.6 the previous year. Can you make sense of it

[Globalgunner]

The ironic thing is that hardly anyone on the board owns any shares these days apart from Kroenke. Between him and Usmanov they control approximately 97% of the shares. This means that the current board are only in it for the fees they are paid as sitting directors. Usmanov coming on will probably mean them being voted off and a standoff between the two billionaires. Basically, the future SHOULD be rosy on the financial front as the debt is gradually paid off however I doubt that the finances are our problem. Wenger has almost deliberately wound down the quality of the squad while raising salaries overall. Wages have gone up 12% in the last year and you have to wonder to whom. I can only imagine that Wenger is doing his usual trick of keeping everybody happy by paying dross like Diaby, Bendtner, Djorou and Rosicky close to 70-90k per week. With Arteta reportedly taking a pay cut to join us who is earning the bazillion bucks that keeps our wage bill skyrocketing. Maybe the academy boys are on 40k each.

[-Xs-]

To not get relegated

[Dog Toffee]

There is no plan to deal with how Man City/Chelsea's zillions have fucked up the game.

And where was this 'plan' written out then? Can I have a copy of it?

More Wenger bashing just for having good morals.

[Niall_Quinn]

There is no plan to deal with how Man City/Chelsea's zillions have fucked up the game.

And where was this 'plan' written out then? Can I have a copy of it?

More Wenger bashing just for having good morals.

We don't need a plan to deal with other teams, we need a plan to deal with our own team. Enough with the excuses. We all know we've been competitive in the past no matter who spent how much money. But we always came up short because we didn't spend that little bit more which was well within our means. The board and the manager have fucked this club. That's the real story here.

What's OUR ambition? To win.

What's THEIR ambition (the board and the manager)? To make money and prove some stupid fucking point that plainly it is not possible to prove.

[Tipsychubbs]

http://www.youtube.com/watch?v=Ll3uipTO-4A

Making it, as opposed to investing it into the team of course.

[Olivier's xmas twist]

Ivan Gazidis has insisted Arsenal will not spend their way of trouble after claiming the club could cope next season without Champions League revenue.

Arsene Wenger's team sit in 15th place - two points above the drop zone - after their worst start for more than 50 years.

Last month the club announced a pre-tax of £14.8m without the summer transfer fees banked for Cesc Fabregas an Samir Nasri.

But the Gunners chief executive said he will not give in to the "dramatic pressure" surrounding the team and spend big in the January transfer window.


"We are always under pressure to spend and our recent results have not changed that," said the American.

"Every club has the temptation to think that the money is the answer to issues and if only we spent a little bit more it would push us over the top of a curve. And that is what drives the cycle of spending that you see in the game and that is by no means always successful. It is tempting to think it is. It relieves pressure for a while but it actually builds long-term pressure in other ways. We will continue to act with discipline to make sure we have a good short and long-term future.

"We think Arsenal can compete in any market, not withstanding our current position.

"We have a very sophisticated business model that looks at what we need to do to compete today, what we need to do to compete next year and five years from now."

Speaking at the Leaders in Football conference in London, Gazidis said new UEFA Financial Fair Play rules would create a "healthier environment" in the game.

"It would take a little of the pressure off - dramatic pressure, we are living it at the moment at Arsenal ob - to spend in order to compete. While it can be attractive in the short term, it can be incredibly damaging to the game over the longer term."

But Gazidis insisted Arsenal will not follow Leeds' implosion if they fail to finish in the top four for the 15th consecutive season.

"We would rather qualify for it (Champions League) but we have got a really stable model that can cope without that money," he said. "Not just cope but do well and compete.

"It would be very foolish to build a business model that relies on being in the Champions League in perpetuity. I don't think any clubs do that. If they do, they probably aren't being run as responsibly as they should do."

http://www.mirrorfootball.co.uk/news...cle808668.html

[Özim]

The excuses are already started top come out, no CL football blah blah blah...sophisticated business model blah blah blah...money isn't the answer blah blah blah...

Why is this guy here other than to spin us some tripe?