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.
Basically if Dein is involved I am happy! I trust him more than any other person past or present who has had a position of power in the club! The guy would never hurt Arsenal and I hope he is the influence that drags our club hard and fast into the 21st century!
Funny how Wenger is now so keen to sign a new contract too hey? Coincidence? Yeah right oh!
The board must be bricking it and rightly so!
There is an Arsenal man through and through with a fuck load of roubles banging on the doors of Ashburton and his biggest buddy is the club manager!
I for one am not worried in the slightest about this and in fact I am dead fucking happy about it!
Arsene Wenger with a shed load of cash.....lets see how long your the "special one" for now Mourinho!
VODKA ME UP BABY!
Last edited by gus ceasar is a legend on Thu Aug 30, 2007 7:56 pm, edited 1 time in total.
corkbarry wrote:Specifically, Red & White believes that in
order to remain competitive at the top level of the game, Arsenal will require
access to significant funding.
Surely this is what we all want,if they deliver.
so true,, in these times we hav to compete and to do this we need significant funds coming in,, im wit gus in the fact that i would thrust dein to make sure we were competitive on the field of play, which is the most important part of the club
As I have said many many times over the last few months I trust DD implicitly and eagerly await the day he returns to power at our club. This man has done more for the club over the last 20 odd years than the rest of the board put together and is a "Gooner" (soon to be copyright of AFC thanks to current board) through & through. I do not believe for 1 second that DD would ever do anything to jepordise the long term future of our club and I would love to see a statement from AW now along the lines of welcoming the possible return of DD. Does the current board think that they are entitled to our uncoditional support even though their lack of investment is leaving us trailing behind ? Not for me anyway lads and I am over the moon that DD has at last come out in public declaring his intentions - perhaps he was getting all his ducks lined up 1st ?
Happy days are hopefully on the way back myfriends
That's a very simplistic view Augie, and does not stand close scrutiny!
Make no mistake about it I am absolutely ragin not to mention embarrassed about the club trying to copyright "Gooner" but to say that DD would not do anything to jeopardise the club's future when he wanted us to leave Highbury for Wembley or even worse a tumbleweed stadium on the M25 proves that everything is maybe not as black and white as you suggest!
Important developments today, obviously, but there's nothing to say Dien/Usmanov/R&W will be able to take control any time soon. With my lawyer's hat on, here are some thoughts:
R&W start with 14.5% of the shares. I guess if Kroenke doesn't fancy competing with them, he could either sell his 12% or so to R&W or go in with them, but that would still leave R&W short of the 30% mark. Once someone owns that proportion of a company's shares, he must offer to buy the shares of all the other shareholders under the Takeover Code.
Until then, all R&W can do is hope the one of the Hill-Wood/Edelman loyalists agrees to sell. But they all signed a one-year no-sell agreement in April, and that agreement is probably enforceable, so one of them couldn't try to sell to R&W since the others would probably be able to get a court injunction to stop it.
In this context, Note 1 on the R&W announcement (as posted above) is interesting. Although R&W say they don't plan to make a takeover of the Club (which they have to say), R&W also reserve the right to try to take over the Club in the short term "if there is a material change in circumstances" or if the board approve, someone else makes a take bid or the no-sell agreement is terminated early.
Most of this is outside of Dein's control. So, if they want, the Hill-Wood/Edelman camp can sit tight, at least from a legal point of view. That will leave R&W with two possible strategies: convince the board members to sell or try and put pressure on them through a PR battle. If it's the former, it could take a while and we probably wouldn't know much of what's going on; if it's the latter, things could get dirty. Dein's professed commitment to do what is right for the Club could be tested.
My guess is Dein will play it softly-softly, and won't risk alienating the fans, undermining the Club, damaging its value, undermining the players and even driving Wenger away. I therefore don't expect anything to happen re a R&W takeover for the next 6 months.
I do understand where you are coming from BB but I still say he had the best interests of the club at heart even then!
He recognised that we simply could not compete with the income generated and wanted to do something that would bring the club forward! Yes we got very lucky that we managed to develop the Ashburton area but if that had not come along what then?
Sometimes you have to make tough decisions which are not liked at the time but they are decisions that in the long run guarantee your status and future!
If it was just a Russian with a pot of money I would be dubious....this way though I think we get the best of both worlds!
Picking up on Augie's comments, the application to copyright the term "Gooner" is completely crass. Leaving aside the venerable journal of that name (which I used to write for once upon a time...), the term "Gooner" is by definition a fans' term. Do the club really believe it belongs to it, so it can be commercially exploited?
ON THE FACE OF IT, THIS LOOKS LIKE A GOOD DEAL FOR THE CLUB. THERE IS THE PROMISE OF EXTRA SPENDING MONEY AND NO ONE INDIVIDUAL TAKES THE CLUB OVER.
HOWEVER, AS ALWAYS WITH THESE KIND OF THINGS, THE DEVIL IS IN THE DETAIL AND WE WILL NEED TO SEE HOW THINGS PLAY OUT OVER THE NEXT NINE MONTHS OR SO BEFORE KNOWING THE TRUE STATE OF AFFAIRS.
LIKE GUS, AUGIE AND MANY OTHERS ON THIS FORUM, I TOO TRUST DAVID DEIN MORE THAN ANYONE ELSE ON THE BOARD AND HAVE FAITH THAT HE WILL DO THE RIGHT THING BY ARSENAL. MY GUT INSTINCT IS THAT THIS IS GOING TO END UP STRENGTHENING ARSENAL FOOTBALL CLUB IN THE LONG RUN. AGAIN, ONLY TIME WILL TELL US FOR CERTAIN.
Just got back from work this morning and Christ a lots been happening hasn't it ?
The draw for the CL looks the business, we got a good turn of the dice there methinks. However AEK (should they qualify) away could be a bit of a pig.
And whats all this about Russian Oligarchs taking over our club. Nobody saw that one coming did they. Not too sure what to make of it all at the moment as it hasn't properly sunk in yet, but my initial reaction is YEEEEESSSS GET IN THERE!!!!!!!!!!!!!
However, the current Ms Hagbard, the lovely Jana who hails from Chishinev Moldova (used to be USSR) who I just rudely awoke to tell her my great news, was not so impressed. In her own words
'You is crazy to let Russian take your football team'
Of course I replied 'why is that my dear' to which she replied,
'Never trust Russian, especially Millionaires Russian, them is crazy Mafia'
He did get arrested once in the Communist era but the police expunged for the records and he was given a government pardon by one of the Presidents, he denies he did whatever he was arrested for Habbard.
Gus, with respect Dein looking at options in case we couldn't do Ashburton is a good thing but that doesn't seem to be what he did, he decided that getting a new home was a good idea but we should move miles away to Wembley and rent it rather then own our own home so we are only answerable to the law and finances as to what we do with it.
I'm sure Dein loves the club and credit to him for his work in transfer market and in bringing in Wenger. However I think the love blinds him, anybody else and I would suspect an attempt at grabbing power, he is willing to put us in the hands of anyone rich enough to buy us and ignore the crippling debt that would be put unto us for the privilege of being an investment tool?
Also, if the board have been willing to spend money but Arsene refuse to buy, why would a new owner change things?
Last edited by Magic Hat on Fri Aug 31, 2007 7:18 am, edited 1 time in total.
im in the dein camp, he is not a fool and knows wat he is doin,, i just read his statment and he makes some points which i totally agree wit like the need for new investment,,yes he is also in it for the money as is every investor in any venture,, dein wants wats best i believe and by that i mean on the pitch as well as off it,, wit dein in charge i believe we will become the biggest club around and hope he launchs a takeover,, dein is a smart man and has thought thru all of this. do ye think him and arsene havnt already discussed this,, dein is a gooner born and bred and i welcom his statment
I'm sure Dein has talked to Wenger about it but that doesn't mean Arsene agrees with him.
Someone in Dein's fan club, please explain to me how the debt has helped Man U long term and will do so for us? and why Wembley would have been better then Ashburton?
deins fault if it was fault was that he wanted investment on the pitch in ref to the wembly move,, the grove is a fantastic stadium and he was wrong on that, thres no one sayin we are goin down the man u glazier road, dein is no fool and knows wat he is doin,, the present board will sell up next year when the books look better,, everyone intitled 2 there own view on things arsenal and mine is welcome back david dein
I do believe that whatever David Dein does it's with the best of intentions for the club, i welcome him back.
I much perfer the idea of the new investors purely in it just to invest and not to takeover, i think that may be the best for the club.
