Serious question

Perryashburtongroves · Mon Jun 13, 2011 7:43 pm

The players can now drive under ground to avoid those pesky, commoners called the fans every time there is a home game. Now, without the money from that loan, would they be able to do that?

Henry Norris 1913 · Post by **Henry Norris 1913** » Mon Jun 13, 2011 7:44 pm

The evidence is coming ! Oh Marty your being cruel making us wait like this. I can't wait for the prophecy to be told by the great messiah who knows all
HAIL HAIL MARTY OF U.S

Rugby Gooner · Post by **Rugby Gooner** » Mon Jun 13, 2011 7:47 pm

Henry Norris 1913 wrote:The evidence is coming ! Oh Marty your being cruel making us wait like this. I can't wait for the prophecy to be told by the great messiah who knows all
HAIL HAIL MARTY OF U.S

"Will this wind be so mighty as to lay low the mountains of the Earth?"
(from: The Secret Policemans Ball)

USMartin · Post by **USMartin** » Mon Jun 13, 2011 7:58 pm

Perryashburtongroves wrote:The players can now drive under ground to avoid those pesky, commoners called the fans every time there is a home game. Now, without the money from that loan, would they be able to do that?

Yes they would. The stadium construction loan and the Highbury re-development loan are seperate loans. Nice try though. Maybe if the tunnel was paid for by both projects maybe at best.

Post by **QuartzGooner** » Mon Jun 13, 2011 7:59 pm

Â£30M profit says it was worth it.
But ONLY if that profit goes on much needed players!

The club should have sold for ready cash as Olgit says, but that is with hindsight f the London property price crash.

If I was Chairman I would have taken a lump sum of cash for 75% of the development, and retained ownership of 25% of flats as a bit of a gamble.

mcdowell42 · Post by **mcdowell42** » Mon Jun 13, 2011 8:50 pm

Rugby Gooner wrote:
Henry Norris 1913 wrote:The evidence is coming ! Oh Marty your being cruel making us wait like this. I can't wait for the prophecy to be told by the great messiah who knows all
HAIL HAIL MARTY OF U.S

"Will this wind be so mighty as to lay low the mountains of the Earth?"
(from: The Secret Policemans Ball)

The biggest conspiracy has always been the fact that there is no conspiracy

mcdowell42 · Post by **mcdowell42** » Mon Jun 13, 2011 8:53 pm

TeeCee · Post by **TeeCee** » Mon Jun 13, 2011 9:40 pm

simple fact - they thought they could make a tidy profit of somewhere around 30m by doing it themselves. They read the markets wrong, we could have been discussing what a fantastic decision it was. But it wasn't....in hindsight, which is a very useful thing. Move on.

A more pertinent question from the AST meeting - Gazidis said Arsene has a say in transfer valuations, ie: we go after someone, Gazidis talks to Arsene regarding the cost and Wenger says if he thinks it's a good deal or not. So yet again it's clear, transfer deals are done on Wenger's say so. Wenger would rather not sign a player than pay 1m more than what 'he' considers their worth to be (Alonso anyone)?
Our manager really is the problem.

USMartin · Post by **USMartin** » Mon Jun 13, 2011 9:55 pm

TeeCee wrote:simple fact - they thought they could make a tidy profit of somewhere around 30m by doing it themselves. They read the markets wrong, we could have been discussing what a fantastic decision it was. But it wasn't....in hindsight, which is a very useful thing. Move on.

A more pertinent question from the AST meeting - Gazidis said Arsene has a say in transfer valuations, ie: we go after someone, Gazidis talks to Arsene regarding the cost and Wenger says if he thinks it's a good deal or not. So yet again it's clear, transfer deals are done on Wenger's say so. Wenger would rather not sign a player than pay 1m more than what 'he' considers their worth to be (Alonso anyone)?
Our manager really is the problem.

No fools like you are really the problem.

The Board did in fact make an addtional 30 million pounds of profirt re-developing Highbury. And that additional profit has done nothing for Arsenal football Club or the team - it hasn't been used to pay our best players as they should be. It hasn't been used to buy new players to replace the crap bargain players we have bought, and it hasn't been used to reduce the debt on the satdium and won't nor will the rest of 100-plus million im our cash reserves as Ivan Gazidis indicated tonight.

So whether they read the market right ow rong. The one thing we can be sure of is that the re-development of Highbury would have had the same exact negative effects if the market had not dropped as it has now, and we the one thing we cannot be sure of at all that if we made another 30 million of 50 million that it would have been invested in the football team given that the 30 million has not.

But as long as there are blindly loyal people like you they can fuck and lie straight to who will let them and even aid them they will frankly. Be as offended as you want - Gazidis said the Board is 100% behind the manager. Of course they as long supporters like you blame him to protect the Board why wouldn't they be 100% behind him?

USMartin · Post by **USMartin** » Mon Jun 13, 2011 10:00 pm

BTW answer the question - what tangible benefit has the club gotten? Has the team gotten? Aswer the question instaed of playing what if.

Henry Norris 1913 · Post by **Henry Norris 1913** » Mon Jun 13, 2011 10:01 pm

But as long as there are blindly loyal people like you they can fuck and lie straight to who will let them and even aid them they will frankly. Be as offended as you want - Gazidis said the Board is 100% behind the manager. Of course they as long supporters like you blame him to protect the Board why wouldn't they be 100% behind him?

so your saying anyone who blames our on-pitch problems on our manager not the board is a fool?
Fuck I can't wait for this evidence

USMartin · Post by **USMartin** » Mon Jun 13, 2011 10:06 pm

QuartzGooner wrote:Â£30M profit says it was worth it.
But ONLY if that profit goes on much needed players!

The club should have sold for ready cash as Olgit says, but that is with hindsight f the London property price crash.

If I was Chairman I would have taken a lump sum of cash for 75% of the development, and retained ownership of 25% of flats as a bit of a gamble.

The problem is that's irrelevant. The London housing crash has nothing to do with negative impact already visited on the club.

The extra 30 million drove the share price up and nothing else top this point and there is nothing to suggest it will do anything else. In 2009 when the club itself expressed concerns it would be unable pay off the 120 million pound loan on time in 2010 the share rpice plummeted to under 6800GBP. When the loan was paid in full on time and the addtional 30 million GBP made it skyrocketed to 10000GBP.

We do know that no matter what the project made or didn't made it would have had same negative impact on the makeup of the football team. The only thing we don't know is if not for the London Housing market decline if it might have had an different impact after 2010. But we do know that the over 100 million is banked in cash reserves - including that extra 30 million and - going unspent, with the Board's 100% support at the very least.

mcdowell42 · Post by **mcdowell42** » Mon Jun 13, 2011 10:07 pm

USMartin wrote:BTW answer the question - what tangible benefit has the club gotten? Has the team gotten? Aswer the question instaed of playing what if.

Why dont you answer the question i asked you last night marty instead of calling other people on here fools.

USMartin · Post by **USMartin** » Mon Jun 13, 2011 10:12 pm

As I said I'm going to this week. Why are you afraid to just answer this question, and I can only conclude you are at this point.

mcdowell42 · Post by **mcdowell42** » Mon Jun 13, 2011 10:19 pm

USMartin wrote:As I said I'm going to this week. Why are you afraid to just answer this question, and I can only conclude you are at this point.

im not really interested in the question you asked, i want to know why cant you right now produce evidence and proof of your crackpot theory,why do we have to wait until further in the week.For the last 12 months you have been spouting the same inane drivel and crap on here yet have nothing to back up your bullshit.Put up or shut up.