Board Sells - Kroenke Takes Control Of Club!!

Mr FINSBURY PARK GOONER · Sun Apr 10, 2011 4:40 pm

Suprised that so many of you are so stupid and short sighted.

Stan Kron does not have enough cash (real money) to finance a takeover.
His value of Â£2billion is mainly made up of Assets.

his purchase of the club will be financed by loan. That loan
like Man City, Chelsea etc etc, will involve the club. i.e Man Utd

That debt will be put on to the club. Whats good about that?

As desperate as some of you seem to want wenger out, please look at the bigger picture. This is a very sad day for Arsenal Football Club.

and before you start slagging of the Hill-Wood Family Arsenal as you see it today would not be what it is, if it was not for them. show a little respect and grace.

selsdon · Post by **selsdon** » Sun Apr 10, 2011 4:41 pm

BournemouthRED wrote:All those Years of taking the piss out of united, Liverpool
Chelsea etc! And now look at us!

We haven't been in a position to take the piss out of anyone for about 5yrs now m8

1989 · Post by **1989** » Sun Apr 10, 2011 4:41 pm

Rugby Gooner wrote:
1989 wrote:
Gunner4LiF3 wrote:I dont know whether this is good news or not
Absolutely good news mate. Wenger will now be under a whole lot more pressure as Kroenke is a winner.
Great! Now we will have 20 more years of Wenger and FOOTBALL stagnation! All that American wanker cares about is making money!Why do you think that Hill-Woods etc welcomed him with open arms! The days of Arsenal Football Club winning anything,(other than stock market plaudits),are over.This is a black day in the history of Arsenal Football Club!!!

I suggest you do your homework on him then mate. Every sporting institution he's owned has been very successful. The Nuggets, The Rams etc.

Goonuz71 · Post by **Goonuz71** » Sun Apr 10, 2011 4:42 pm

Sorry but imo .....NOT GOOD

Mr FINSBURY PARK GOONER · Sun Apr 10, 2011 4:44 pm

1989 wrote:
Rugby Gooner wrote:
1989 wrote:
Gunner4LiF3 wrote:I dont know whether this is good news or not
Absolutely good news mate. Wenger will now be under a whole lot more pressure as Kroenke is a winner.
Great! Now we will have 20 more years of Wenger and FOOTBALL stagnation! All that American wanker cares about is making money!Why do you think that Hill-Woods etc welcomed him with open arms! The days of Arsenal Football Club winning anything,(other than stock market plaudits),are over.This is a black day in the history of Arsenal Football Club!!!
I suggest you do your homework on him then mate. Every sporting institution he's owned has been very successful. The Nuggets, The Rams etc.

lol. Homework? The nuggets and rams aint won nothing under him neither.

Rugby Gooner · Post by **Rugby Gooner** » Sun Apr 10, 2011 4:44 pm

1989 wrote:
Rugby Gooner wrote:
1989 wrote:
Gunner4LiF3 wrote:I dont know whether this is good news or not
Absolutely good news mate. Wenger will now be under a whole lot more pressure as Kroenke is a winner.
Great! Now we will have 20 more years of Wenger and FOOTBALL stagnation! All that American wanker cares about is making money!Why do you think that Hill-Woods etc welcomed him with open arms! The days of Arsenal Football Club winning anything,(other than stock market plaudits),are over.This is a black day in the history of Arsenal Football Club!!!
I suggest you do your homework on him then mate. Every sporting institution he's owned has been very successful. The Nuggets, The Rams etc.

Yeah,Financially successful,(To him and his shareholder mates )!!!

1886 · Post by **1886** » Sun Apr 10, 2011 4:45 pm

mcdowell42 wrote:Best to go into hiding now can hear usmartin beginning to wake.

Bring Back Pires · Post by **Bring Back Pires** » Sun Apr 10, 2011 4:45 pm

1989 wrote:Every sporting institution he's owned has been very successful. The Nuggets, The Rams etc.

They may be financially successful, but when was the last time that the Nuggets or Rams actually won a championship? Or were even in the late stages of their respective tournaments?

AA23Northbank · Post by **AA23Northbank** » Sun Apr 10, 2011 4:45 pm

1989 wrote:
Rugby Gooner wrote:
1989 wrote:
Gunner4LiF3 wrote:I dont know whether this is good news or not
Absolutely good news mate. Wenger will now be under a whole lot more pressure as Kroenke is a winner.
Great! Now we will have 20 more years of Wenger and FOOTBALL stagnation! All that American wanker cares about is making money!Why do you think that Hill-Woods etc welcomed him with open arms! The days of Arsenal Football Club winning anything,(other than stock market plaudits),are over.This is a black day in the history of Arsenal Football Club!!!
I suggest you do your homework on him then mate. Every sporting institution he's owned has been very successful. The Nuggets, The Rams etc.

As Finsbury Park said, he'll load the club up with debt like Glazer as he doesn't have the funds to finance a takeover himself unless he sells some of his assets. I fear it could be another Glazer takeover take II, and Wenger will have an excuse now not to spend as he'll claim we're financially hamstrung due to the debt loaded on us by Kroenke

AA23Northbank · Post by **AA23Northbank** » Sun Apr 10, 2011 4:47 pm

Bring Back Pires wrote:
1989 wrote:Every sporting institution he's owned has been very successful. The Nuggets, The Rams etc.
They may be financially successful, but when was the last time that the Nuggets or Rams actually won a championship? Or were even in the late stages of their respective tournaments?

He just took over The Rams but they haven't reached the NFL play-offs since '04.....

The Nuggets have made the play-offs every season since '04 but never made the NBA finals. AKA not won anything. Bit like us

Jumpers For Goalposts · Sun Apr 10, 2011 4:49 pm

Mr Finsbury Park Gooner is spot on I'm afraid. Kroenke is wealthy on paper due to his assets - most of which are other sporting ventures. He will have to sell these or borrow heavily to raise the amount of money needed to but Arsenal outright.

The most likely scenario is a Glazer style, debt leveraged takeover as due to his good track record and his assets, several banks will be willing to advance him the hundreds of millions needed. Just like Gillette and Hicks at Liverpool . . . . . . . .

But ask yourself this people - what are Kroenke's intentions??????????

Nobody knows do they?? He has been involved with us for 4 years in which time he has seen no more than 2 games and he has made not one single announcement about his long-term views.

All I can see is more of the same with the same old faces in place. I can't see how this can be good news for Arsenal.

selsdon · Post by **selsdon** » Sun Apr 10, 2011 4:49 pm

A sugar-daddy or an investor who'll want his dosh back at some point.

Know which one I'd prefer.

Mr FINSBURY PARK GOONER · Sun Apr 10, 2011 4:52 pm

Please also remember that Stan Kroenke could not afford to pay Â£50m he owed former share holders (whos shares he purchesed) just over a year ago. so how the hell is going to finance Â£500m to buy The Arsenal?

selsdon · Post by **selsdon** » Sun Apr 10, 2011 4:57 pm

Mr FINSBURY PARK GOONER wrote: Before you start slagging of the Hill-Wood Family, Arsenal as you see it today would not be what it is, if it was not for them. show a little respect and grace.

Off topic but Hill-Wood would do well to afford the same respect and grace to us, he wouldn't be here today if it wasn't for fans.

1989 · Post by **1989** » Sun Apr 10, 2011 4:58 pm

The guy has a fantastic record when it comes to sport teams both the playing ANDthe financial side. Not to mention he's spent over 4 years at the club so must have an idea of what Arsenal is all about. Change is good and we've been crying out for it, so lets embrace it. Bit of positivity won't harm.