As we're unlikely to see terraces again at football, this is the virtual equivalent where you can chat to your hearts content about all football matters and, obviously, Arsenal in particular. This forum encourages all Gooners to visit and contribute so please keep it respectful, clean and topical.
Money in bank offsets stadium debt.
When money in bank = the outstanding stadium debt, Kronke decides if he sells up or not.
Agree Quartz, but if we cannot pay off early the stadium debt, then why have they been so short sighted not to invest the cash in world class players that might ensure success and silverware?
Oh yeah, just remembered why. Wenger could have Messi, Ronaldo, Falcao et al and still get them to try zonal marking, tippy tappy footy with 75% possession and lose at home to Swansea.
Money in bank offsets stadium debt.
When money in bank = the outstanding stadium debt, Kronke decides if he sells up or not.
Agree Quartz, but if we cannot pay off early the stadium debt, then why have they been so short sighted not to invest the cash in world class players that might ensure success and silverware?
Early repayment penalties prohibit early repayment of the debt.
If the balance of the debt is held in the bank, then the directors can relax.
It is keeping the club's credit rating, and keeping sale value of club high.
The owner appears to think that the status of being a debt free club in the Champions League is the best financial model, and the greatest lure to any buyer, rather than "gambling" extra cash to try and be a trophy winning club.
I really think the owner does not believe we can currently compete with Man Utd, Man City or Chelsea, so he does not try to compete with them.
Money in bank offsets stadium debt.
When money in bank = the outstanding stadium debt, Kronke decides if he sells up or not.
Agree Quartz, but if we cannot pay off early the stadium debt, then why have they been so short sighted not to invest the cash in world class players that might ensure success and silverware?
Early repayment penalties prohibit early repayment of the debt.
If the balance of the debt is held in the bank, then the directors can relax.
It is keeping the club's credit rating, and keeping sale value of club high.
The owner appears to think that the status of being a debt free club in the Champions League is the best financial model, and the greatest lure to any buyer, rather than "gambling" extra cash to try and be a trophy winning club.
I really think the owner does not believe we can currently compete with Man Utd, Man City or Chelsea, so he does not try to compete with them.
If that's the case and I think you may well be barking up the right tree here...... Then why the does he not just come straight out and say it, I am fed up to the back teeth of the retarded continuous silence!
there are no actual rules as to what 'wage bill' entails are there?
is everyone reporting the same thing?
our commercial team is being outperformed by ManUre's worse than we are on the pitch
(and thats a serious insult) we hired Fox et al on a huge amount
and they've renewed Emirates and asked Nike to compete with Adidas whoopeefeckingdoo
who wouldnt have tried that...?
highburyJD wrote:there are no actual rules as to what 'wage bill' entails are there?
is everyone reporting the same thing?
our commercial team is being outperformed by ManUre's worse than we are on the pitch
(and thats a serious insult) we hired Fox et al on a huge amount
and they've renewed Emirates and asked Nike to compete with Adidas whoopeefeckingdoo
who wouldnt have tried that...?
As I understand it the "wage bill" covers all club employee's, so not just players, but physio's, scouts, tea ladies et al (maybe we pay the kit man Paul Johnson over 100k a year to set the shirts out nicely on a match day ??)
Money in bank offsets stadium debt.
When money in bank = the outstanding stadium debt, Kronke decides if he sells up or not.
Agree Quartz, but if we cannot pay off early the stadium debt, then why have they been so short sighted not to invest the cash in world class players that might ensure success and silverware?
Early repayment penalties prohibit early repayment of the debt.
If the balance of the debt is held in the bank, then the directors can relax.
It is keeping the club's credit rating, and keeping sale value of club high.
The owner appears to think that the status of being a debt free club in the Champions League is the best financial model, and the greatest lure to any buyer, rather than "gambling" extra cash to try and be a trophy winning club.
I really think the owner does not believe we can currently compete with Man Utd, Man City or Chelsea, so he does not try to compete with them.
If I had the slightest artistic talent I would draw a caricature of what I imagine our board meetings to be: Gazidis fellating Kroenke who is counting his money, PHW slumped asleep in his chair reeking of Tanqueray with Shepherd's Pie all down his front and piss-soaked trousers, Wenger in a corner in a wheelchair with fingers to his temples convincing himself that he has such mental strength that he must be Professor X and the rest as sheep with dollar signs in their eyes.
Fulham manager Martin Jol has admitted that he would be interested in keeping Emmanuel Frimpong for another season, should the opportunity arise.
Frimpong is on loan at Fulham for the rest of the season and his Arsenal contract is due to expire in the summer.
Jol said that while it would be "expensive" to sign Frimpong permanently, he would be interested in another loan deal should the player stay at Arsenal.
"If there was an opportunity to take him on loan, I would probably do that," the Evening Standard quotes Jol as saying. "It is quite a nice position to be in, to get a loan player you do not have to pay a transfer fee. It is a good way of doing things because it would be quite expensive to take him [permanently].
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Real Sociedad striker Carlos Vela has opened the door to a return to Arsenal after making his asking price public.
Vela left the club last summer and has since enjoyed an excellent season with Sociedad, helping to guide the club to sixth in La Liga, two points adrift of the Champions League places.
The Mexican has scored 11 league goals this season and says should Arsenal wish to resign him this summer they need only pay a €1m more than Sociedad originally paid for him in 2012.
anyone heard anything about a Quatar buyout story thats breaking this sunday alledgedly????? personally i think its a deliberate plant for season ticket renewals
den10kamp, not sure where you saw the rumours but...... summary from old web article.......
Sheikh Hamad bin Jassim bin Jaber al-Thani, of the Qatar Investment Authority. said in 2011 about rumours of buying Man Utd that " a lot of people talk about 'Qatar now will buy this, they will pay that.' This also makes the price good for anything that will be sold."
David Frost interviewed him and Frost, an Arsenal fan, asked him for Qatar to buy the Gunners instead.
Sheikh Hamad said "Thank you,I'm not specialised in the clubs. I'm not fond of football."
The QIA now own Paris St Germain so wouldn't be allowed to own Arsenal I believe. I don't think you can own two clubs in the same competition and PSG will be in the CL next season.........oh hang on.....we won't be!!
Bit of a surreal link, but for those who follow Ice Hockey in the NHL, the following week has seen the following interesting contract saga come to a head.
This one concerns Ryan O' Reilly of the Colorado Avalanche a Restricted Free Agent (a player who has the ability to negotiate a trade with other clubs but if the existing club match a deal then he has to sign with the existing club or not sign at all and move as an unrestricted free agent at the end of the season) - ringing a bell?
O'Reilly is a decent player on a poor Avalanche team. Great Potential but not even the best player on his team (ringing a bell yet?)
Effectively O' Reilly wanted $5 Million Dollars per year to play for Colorado. Colorado declined keeping to their original offer of just over $3.5 Million Dollars. O' Reilly's agent touted the player around the NHL only for Calgary to offer him $6.5 million dollars per year (incidentally this took place during a match between Colorado and Calgary).
So the Avalanche (who during the summer could have signed this guy for $5 million dollars during the summer) either had to let the player go (i.e. Not in return for another player) or match the offer of $6.5 million dollars to make the player re-sign with them.
The Avalanche - who are in danger of missing out on the playoffs (read this as Champions League) - who spent all summer refusing to offer the player $5 million dollars per year, took 7 minutes to match the offer of $6.5 million dollars and by the end of the 2nd period in the Colorado-Calgary game, the player had effectively become an Avalanche player.
Greg Sherman, the Avalanche GM has been labelled the worst GM in the NHL and not worthy of his position in the mainstream media (another bell?)
Seems Mr Kroenke likes to surround himself with fools.
Apologies this went on for so long, just found it very amusing and coincidental considering the Walcott contract saga earlier this year. We are not alone...