Board Sells - Kroenke Takes Control Of Club!!

MK Gould · Post by **MK Gould** » Mon Apr 11, 2011 10:19 am

Apologies for not posting over the last few weeks (not that any of you feckers noticed!) but I was in the depths of depression over our collapse and didn't want to talk to ANYONE about it. The win yesterday has increased my confidence that we won't finish 5th, hence I feel I can post again.

I would think that it is normal in any friendly takeover to make commitments to the existing Board and Management regarding their positions. The alternative would mean an aggressive takeover which would have meant that he would have had to pay a damn sight more for the club and may not have succeeded in gaining control.

But it would also be normal for that status quo to crumble once the new owner gets his feet under the desk. I find it hard to believe that Stan would spend all that money (whether his or borrowed) and leave everything exactly as is.....

Post by **REB** » Mon Apr 11, 2011 10:24 am

MK Gould wrote: But it would also be normal for that status quo to crumble once the new owner gets his feet under the desk. I find it hard to believe that Stan would spend all that money (whether his or borrowed) and leave everything exactly as is.....

just the way i was thinking, i expect he will have his own men lined up and we will see some of the board leave when the takeover is comple,

wasnt the ceo ivan gazidis his appointment

Irish Gooner · Post by **Irish Gooner** » Mon Apr 11, 2011 10:42 am

Hill Wood still chairman
American owner
Wenger is wonderful
No David Dein

Fuck this club and all it stands for.

TeeCee · Post by **TeeCee** » Mon Apr 11, 2011 10:44 am

Herd - I realise you're not interested in the ticketing system at Arsenal, why would you be? you don't go to games, you just sit behind your keyboard wanking furiously at your own diatribe.
So according to reports, you are wrong about the leveraged debt then? What a surprise, a guy who never actually goes to support his team spouting off shite on an internet forum. You and US Martin should arrange a same sex marriage immediately so you can celebrate the only way you know how, with a bit of mutual man masturbation. You are truly a mug of epic proportions, and you'd be better off concentrating on daytime TV which is more your level. Cheerio.

Arsenal Rich · Post by **Arsenal Rich** » Mon Apr 11, 2011 10:45 am

REBEL GOONER wrote:
MK Gould wrote: But it would also be normal for that status quo to crumble once the new owner gets his feet under the desk. I find it hard to believe that Stan would spend all that money (whether his or borrowed) and leave everything exactly as is.....
just the way i was thinking, i expect he will have his own men lined up and we will see some of the board leave when the takeover is comple,

wasnt the ceo ivan gazidis his appointment

Last night i was full of hope only to have the wind taken right out of my sails this morning to find that prick who called us idiots still has his job...

That said i suppose it is still early days and hopefully Silent Stan will make some changes once all is complete..

Over all i think a change is needed and by all account the club will be run pretty much the same which is ok by me as long as some one puts a rocket up Wengers arse and stops all this 2nd place is enough bollocks..

Almunia is a clown · Post by **Almunia is a clown** » Mon Apr 11, 2011 11:06 am

TeeCee wrote:Herd - I realise you're not interested in the ticketing system at Arsenal, why would you be? you don't go to games, you just sit behind your keyboard wanking furiously at your own diatribe.
So according to reports, you are wrong about the leveraged debt then? What a surprise, a guy who never actually goes to support his team spouting off shite on an internet forum. You and US Martin should arrange a same sex marriage immediately so you can celebrate the only way you know how, with a bit of mutual man masturbation. You are truly a mug of epic proportions, and you'd be better off concentrating on daytime TV which is more your level. Cheerio.

So you really believe that the Yank won't end up borrowing the cash to pay for his takeover? Yet his last purchase of shares a few months ago was made on tick? However he gets the money it's a fact that the supporters of the club will end up paying for more substantial match ticket increases.

Obvious that the current owners have been looking to cash in on their shares once they fattened up the turkey. Custodians of The Arsenal LOL!
And Numpties lap up the propaganda coming from the club & their media stooges.

As for Mr Herd I suggest that you arrange a meeting with this chap who talks sense & not out of his rectum unlike some on here including yourself!

All mouth & no trousers??? Somehow I doubt you have the guts!!!

richpye · Post by **richpye** » Mon Apr 11, 2011 11:53 am

Wow there's a lot of negativity on this topic!!!!

So I'll start off with mine

It seems to be that all the stories we have been fed about a multi-ownership model has been complete bollocks. The directors of Arsenal have just been waiting for Kroenke to get the cash in place for their own personal enrichment.

Onto the positive side

1. Kroenke's company seems to follow a similar model to the Fenway Sports group. So far they don't seem to be scared about splashing the cash when necessary.

2. I think that this wait for Kroenke to get the funds in place to buy Arsenal is probably the reason why we have been so hamstrung in the Transfer Market. Any transfer close to the sale of the club would have devalued the overall bid from Kroenke - something the pigs at the trough were clearly unwilling to let happen.

3. It is clear that the recent hirings have been Kroenke-led, it now means he can push on with the next stage of his plan (whatever that me). Whilst the other directors may continue to hold their place, they now become employees in the true sense of the word and maybe can start making decisions from the heart again rather than the wallet.

Overall, Usmanov is still to make his intentions known. I personally believe he will sell up now having made a healthy profit - but our future won't be clear until he makes a decision. I still have many reservations like the ones Herd has made above and can fully understand everyone being nervous, especially those that put such a huge financial commitment to our club. The proof of the pudding is in the eating and this has never been so true than at the present, fingers crossed.

richpye · Post by **richpye** » Mon Apr 11, 2011 11:54 am

Wow there's a lot of negativity on this topic!!!!

So I'll start off with mine

It seems to be that all the stories we have been fed about a multi-ownership model has been complete bollocks. The directors of Arsenal have just been waiting for Kroenke to get the cash in place for their own personal enrichment.

Onto the positive side

1. Kroenke's company seems to follow a similar model to the Fenway Sports group. So far they don't seem to be scared about splashing the cash when necessary.

2. I think that this wait for Kroenke to get the funds in place to buy Arsenal is probably the reason why we have been so hamstrung in the Transfer Market. Any transfer close to the sale of the club would have devalued the overall bid from Kroenke - something the pigs at the trough were clearly unwilling to let happen.

3. It is clear that the recent hirings have been Kroenke-led, it now means he can push on with the next stage of his plan (whatever that me). Whilst the other directors may continue to hold their place, they now become employees in the true sense of the word and maybe can start making decisions from the heart again rather than the wallet.

Overall, Usmanov is still to make his intentions known. I personally believe he will sell up now having made a healthy profit - but our future won't be clear until he makes a decision. I still have many reservations like the ones Herd has made above and can fully understand everyone being nervous, especially those that put such a huge financial commitment to our club. The proof of the pudding is in the eating and this has never been so true than at the present, fingers crossed.

pingu · Post by **pingu** » Mon Apr 11, 2011 11:59 am

does all this finally mean joe cole has sigend? or not

rigsby · Post by **rigsby** » Mon Apr 11, 2011 12:01 pm

Are some of you really that stupid to believe he would get rid of Hill-Wood straight off the fucking bat? Not very clever is it. He's a businessman, you don't storm in saying this and that about how you're changing it up.

Also why would he try to knock Wenger? Are you really that stupid?

It's like Abramovich at Chelsea, Hill-Wood will go the same way as Bates. Wenger might finally have some money (this summer will show us what the state of his finances were before)

I can't believe some of the comments from you. Its baffling

mikeyb772001 · Post by **mikeyb772001** » Mon Apr 11, 2011 12:02 pm

If he does declare that money is available and Wenger does his usual then we will know the truth about what has been going on the last few years.

Whoâ€™s to say if money is there Wenger will want to spend it.

rigsby · Post by **rigsby** » Mon Apr 11, 2011 12:04 pm

Well wait and see

Jumpers For Goalposts · Mon Apr 11, 2011 12:10 pm

Just received a very lengthy email from the Arsenal Supporters' Trust which gives details of the takeover and the legal requirements.

Buried deep in amongst all the legal speak is the following info

9. Financing of the Offer

Full acceptance of the Offer would involve payment by KSE of approximately GBP394 million in cash (if all Arsenal shareholders elect not to accept the Loan Note Alternative).

Deutsche Bank, financial adviser to Mr Kroenke and KSE, is satisfied that sufficient resources are available to KSE to satisfy in full the cash consideration payable to Arsenal Shareholders under the terms of the Offer.

I've tried to read it all but it is mind numbing - nowhere as far as I can see does it say where Kroenke is getting the money from, just that money is available to him.

I'm getting worried!!

Irish Gooner · Post by **Irish Gooner** » Mon Apr 11, 2011 12:22 pm

rigsby wrote:Are some of you really that stupid to believe he would get rid of Hill-Wood straight off the fucking bat? Not very clever is it. He's a businessman, you don't storm in saying this and that about how you're changing it up.

Also why would he try to knock Wenger? Are you really that stupid?

It's like Abramovich at Chelsea, Hill-Wood will go the same way as Bates. Wenger might finally have some money (this summer will show us what the state of his finances were before)

I can't believe some of the comments from you. Its baffling

You know this for sure do you??

I must have missed the memo about the plans to aust the current chairman who has a deal to be there lifelong.

Twat.

LeGinge (Northern Branch) · Mon Apr 11, 2011 12:24 pm

pingu wrote:does all this finally mean joe cole has sigend? or not

but

now back to the fights . . .