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.
QuartzGooner wrote:SwissRambler is not an obscure blog, it is the daddy of all football blogs. It is investigative forensic financial journalism, and is more serious than most newspaper articles.
No Wonder Only People Without a Life Read The Fuckka.
QuartzGooner wrote:Financials off the top of my head -
We pay our stadium bonds back at roughly £21M per season until the end of the 2030 - 2031 season.
Total to pay £357M.
We already have £159M of that in cash reserves (stated £138M balance plus £21M mandatory one season's repayments stored in the bank as per terms of the bonds, and I may be wrong but I have seen it written that we have to store £35M rather than £21M as an emergency fund under the terms of the bonds.)
So we have to find an extra £198M from gate receipts, prize money, TV money, sponsorship, merchandise and other commercial income between now and summer 2031.
Split over 17 seasons until summer 2031, that is an extra £11.65M per season we have to find, on top of the cash we already have.
I reckon that is realistic under current economic conditions.
It's YOU isn't it Quartz - You edit the Swiss Rambler - Well I never!
A random thought Wenger hasn't won enough trophies to fill a Gooner calendar. After 18 years that's incredibly poor going. We've become the premier league version of Crewe Alexandra.
He'll be wetting himself when he reads that
