Why are we not buying ?
- flash gunner
- Posts: 29243
- Joined: Tue Nov 06, 2007 6:55 am
- Location: Armchairsville. FACT.
and the chant from the cornerflash gunner wrote:If anyone moans the club will wheel redAction out again to tell us how ungrateful we all are :awnker:swimmer1 wrote:I know me spending £1,200.00 a year on a season ticket means sweet FA to them.
Will soon be a backlash when we don't reach the top 4 this season due to the lack of buying .
one arsene wenger
-
- Posts: 4569
- Joined: Sat Mar 06, 2010 7:03 pm
- Location: Block 6! Drunk and standing next to a mad man with no clothes on!
God i am dreading that! I am in block 6 this year!REBEL GOONER wrote:and the chant from the cornerflash gunner wrote:If anyone moans the club will wheel redAction out again to tell us how ungrateful we all are :awnker:swimmer1 wrote:I know me spending £1,200.00 a year on a season ticket means sweet FA to them.
Will soon be a backlash when we don't reach the top 4 this season due to the lack of buying .
one arsene wenger
I bet it kicks off when i dare swear at the french twat for making us a joke team!
- FOXYARSENAL
- Posts: 853
- Joined: Tue Sep 02, 2008 8:16 pm
- Location: derry ireland
What you call it then? Coincidence? A purely stubborn manager the Board are terrified to sack though they surely can? do so,DB10 my Hero wrote:Its a "we won't spend cash because our balance sheet looks so sweet"conspiracy perpetrated by the board. Just ask USM
It's funny because the Board manintainn any time they are asked "that money is available to spend if the manager wants to" yet almost eveytime he is asked Arsene Wenger clearly suggests that was not the case, and most recently has pretty much said the opposite of that in the Irish Independent
"For years we have no money. Now we have money and we cannot find players to buy."
So somebody's benen lying now who is it and who's been telling the ruth?
Both of them. The money was there but it was earmarked not to be spent because of the tricky financial position borrowing the additional 100 million to re-develop Highbury created - especially in terms of cash flow at the time. Since then the Board and Mr. Wneger have both employed these rather disingenuous sorts of claims because they gave each party plausible deniability when questioned about the situation and why it was as it was.
They also have perpetuated the confusion and doubt amongst the supporters that has again served both parties fairly well to this point, as no one knows for sure whether we are flush with cash or skint or the verge of being skint, and thus there is no real pressure on the Board - or the manager - from supporters as they are not sure who to blame.
But there is little if any doubt at all this originates clearly from the Arsenal Board Room because that is where the decision to re-develop rather than sell Highbury as originally planned was taken and where all of the benefits of the decision to now have gone to through the increased profits and share price.
- Henry Norris 1913
- Posts: 8374
- Joined: Thu Jun 04, 2009 5:25 pm
- GunnerDude
- Posts: 3176
- Joined: Fri Feb 06, 2009 12:57 pm
- Location: Here with Christina Hendricks
If you're asking me we've clearly been a selling club since 2005 when the redevelopment of Highbury and the extra debt it created undermined our cash flow severely, and while we haven't sold anyone of note this yearv we clearly aren't buying as we have been selling either, so I see nothing to indicate that has changed - yet.swimmer1 wrote:So would you class Arsenal as a selling club now or is it a case that nobody knows what the hell is going on .
I would say its clearly a case of deliberate incomplete if not deceptive information designed to so we don't know for sure what is going on, anf can't be sure whether to question the Board or the Manager's -or both's - roles in it.
- Boomer
- Posts: 8604
- Joined: Fri Jul 11, 2008 11:00 am
- Location: Putting the 'THE' back in the Arsenal.
2005 - CheckUSMartin wrote:If you're asking me we've clearly been a selling club since 2005 when the redevelopment of Highbury and the extra debt it created undermined our cash flow severely, and while we haven't sold anyone of note this yearv we clearly aren't buying as we have been selling either, so I see nothing to indicate that has changed - yet.swimmer1 wrote:So would you class Arsenal as a selling club now or is it a case that nobody knows what the hell is going on .
I would say its clearly a case of deliberate incomplete if not deceptive information designed to so we don't know for sure what is going on, anf can't be sure whether to question the Board or the Manager's -or both's - roles in it.
redevelopment - Check
Highbury - Check
Board - Check
- rodders999
- Posts: 22750
- Joined: Thu Mar 27, 2008 1:59 pm
- Location: Diamond Club
I don't know - I wouldn't expect us to spend like City or Barca in the best of circumstances.swimmer1 wrote:So when the debt is settled in 3-4 years time will we spend like City and Real and the Catalans or line the board pockets up even more .
My guess is right now that all this was if not is leading to the club's sale. The reason I say was is that the most likely buyer - Stanley Kroenke - appears to have re-focused his efforts now at least on taking full control of the St. Louis Rams. It also appears that if he is allowed to do this that he is not prepared necessarily to do it all immdiately financially. This could be dowmn to the fact that NFL rules could block the takeover he is attemting (because of his ownership of of NBA and NHL francises in Denver, CO.), or it coiuld be down to him not having the money in-hand to do so.
If the latter is the case, that certainly would not bode well for any potential take-over of Arsenal as it almost surely would be finded by debt-leverage then.
But putting that aside for now if my belief here is correct I think the Arsenal Board made a mistake here in trying to delay this as long as possible to minimize protests against it and to protect their legacy as custodians of the club whose first interest were always Arsenal's best interests. And in delaying this as long as possible to keep supporters from noticing until now they lost their buyer and now either are back at square one or have to consider that totally unacceptable option for anyone who truly does care about Arsenal Football Club.