Also not only were the Profits stills coming in; even though we were not playing well or realistically challenging so the Krankies just sat back and let it all happen, until of course not only did the protests start and so the dis-satisfaction of many of the fans part of which highlighted the divisions in the fan base and so the empty seats; which although only impacted in terms of TV and Media (ie: Not Good Publicity) as many of those staying away were Season Ticket holders, so the club still had their money. But then the results got worse under Wenger; whom the Krankies had trusted to keep their profits coming in.DB10GOONER wrote: ↑Sat Jul 08, 2023 4:53 pmFair points. My problem with Kroenke was not so much the spending, it was how long it took him to remove Arsene tbh. I think that corelates with the excuse that many Wenger fans held onto, that there was no money. Personally I think there was always money to some extent, but Arsene spent it badly on new contracts and extended contracts and huge pay rises for players that hadn't earned them.nut flush gooner wrote: ↑Sat Jul 08, 2023 3:45 pmIts not hindsight, its been plain clear he's opened his wallet since he took full control in 2019. Just now we have a setup where we aren't spunking money on players that don't fit in to the system. And DB10, I am a financial man so been looking at the way the club has been operating for years. Just because it's not said in here, doesn't mean its a retrospective opinion.DB10GOONER wrote: ↑Sat Jul 08, 2023 11:41 amHindsight is great huh? At the time most of those posts complaining about wiggy were posted, they were not spending and they hadn't gotten rid of Wenger. Should people only base their arguments on what might happen five or ten or fifteen years down the road then? You seem to just love digging people out for posts from years ago Nutty but then say "no point dwelling on the past".nut flush gooner wrote: ↑Sat Jul 08, 2023 9:50 amThis thread in general shows how clueless our fanbase is when it comes to the finances of Arsenal. Not one fan can say the Kroenkes haven't invested in the team now. The inflection point was when Usmanov was bought out and Kroenke owned the club in its entirety. I guess having a hostile member on the board, didn't encourage them to invest in the club before the share buyout. I know that led to a lost 15 years, but no point in dwelling on the past. They are spending now, long may it continue.
A lot of this spending is down to the vision and persistence of Arteta, I couldn't see many managers convincing the Kroenke's to invest the best part of half a billion quid in what is now Arteta's team.
Not only that, there's a lot of jealousy coming from fans of other clubs citing FFP etc, they haven't got a clue about our finances either. This video which features Kieron Maguire is a very good take on where we stand in the money stakes.
https://www.youtube.com/watch?v=SltWUjJ ... =LatteFirm
Also, you praise wiggy and Co for now spending but qualify that with it only being due to Arteta's genius that they now spend.... so I guess all those posts criticising wiggy and Co were right then? No?![]()
I'm not praising him btw, we still lost 15 years, but you can't change that. As things stand, would rather have the Kroenke's going forward than the Glazers or Henry of Liverpool. It's what I would call a marriage of convenience at this moment in time, not necessarily a happy one.
There was also Gazidis - a well dodgyCunt who jumped ship as soon as he was able to, because he knew the club was in a mess (internally) at all levels. He oversaw the hiring of Emery then fucked off at the first opportunity.
I think the Krankies: although astute business people knew very little about British Football and had expected Wenker to run the club like he always had, but when things started going wrong: Empty Seats / Finishing outside the top 4 (and so impacting on the Money Side) it was only then they took notice and decided to do something.
Sadly the club was in a far worse state than may realised, which is why those who continued to laud & support Wenker (in the last 11 years of his tenure) were delusional.
Emery is a good manager and perhaps had the club not been in such a mess he might have had some success. And so for Arteta to Change the Culture of the club on all levels so quickly (regardless of what happens in the future) deserves much praise.