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.
I Hate Hleb wrote:Well to use one of your favourite tricks: prove it!!
Easy in today's society there is is sadly little to no meomentum for regualtion of salaries and/or bonuses of executives in America or Europe at this time - though to their continued credit European executives do noit display the open greed and "pigs at the tough" mentality seen in Corporate America.
Sadly though they may be catching on judging by the bigwigs at BP reaction to their bunglling in the Gulf of Mexico.
Until there is a serious genuine movement in Western Society for responsible and reasonable pay for all its moot.
Done...and done
Sorry mate. I consider myself a reasonably intelligent chap, but I didn't understand a word of that!!! You're not some goddam communist are you?
Last edited by I Hate Hleb on Fri Jan 14, 2011 6:03 pm, edited 1 time in total.
I Hate Hleb wrote:Perhaps for the same reasons that some supporters give him unconditional backing: in the belief that he can bring a return to the glory days.
That would be a reasonable supposition excapt surely they would know that whoever is setting the spending policies they have been and are making that increasingly unlikely if not impossible, or if they believe those policies are not doing so then surely they would he is no longer competent tp accomplish these things.
These are multi-millionaire businessmen and to become that even if you start out inheriting some most or even all of your wealth it takes more than dumb luck to maintain or increase that wealth. It takes more than fortunate coincidences and just being the right place at the right time. People don't make millions or make millions more after that by accident. Even common thieves have to plan their crimes.
The idea that the Board - or any board for that matter -is just some cluelessly innocent old millionaires with wide-eyed faith in Mr. Wenger - or any manager - in these matters is incredibly for lack of a better word astounding. Successful businessmen and women in any company in fact are the ultimate realists, aren't they?
Regardless of how successful they've been in the past, they wouldn't be the first multi-millionaire businessmen to make subsequent mistakes in judgement though, would they?
I Hate Hleb wrote:Well to use one of your favourite tricks: prove it!!
Easy in today's society there is is sadly little to no meomentum for regualtion of salaries and/or bonuses of executives in America or Europe at this time - though to their continued credit European executives do noit display the open greed and "pigs at the tough" mentality seen in Corporate America.
Sadly though they may be catching on judging by the bigwigs at BP reaction to their bunglling in the Gulf of Mexico.
Until there is a serious genuine movement in Western Society for responsible and reasonable pay for all its moot.
Done...and done
Sorry mate. I consider myself a reasonably intelligent chap, but I didn't understand a word of that!!! You're not some goddam communist are you?
thank you, hlebby. i was gonna call the guy who taught me english a few years ago and ask for my money back.
I Hate Hleb wrote:Well to use one of your favourite tricks: prove it!!
Easy in today's society there is is sadly little to no meomentum for regualtion of salaries and/or bonuses of executives in America or Europe at this time - though to their continued credit European executives do noit display the open greed and "pigs at the tough" mentality seen in Corporate America.
Sadly though they may be catching on judging by the bigwigs at BP reaction to their bunglling in the Gulf of Mexico.
Until there is a serious genuine movement in Western Society for responsible and reasonable pay for all its moot.
Done...and done
Sorry mate. I consider myself a reasonably intelligent chap, but I didn't understand a word of that!!! You're not some goddam communist are you?
thank you, hlebby. i was gonna call the guy who taught me english a few years ago and ask for my money back.
I Hate Hleb wrote:Well to use one of your favourite tricks: prove it!!
Easy in today's society there is is sadly little to no meomentum for regualtion of salaries and/or bonuses of executives in America or Europe at this time - though to their continued credit European executives do noit display the open greed and "pigs at the tough" mentality seen in Corporate America.
Sadly though they may be catching on judging by the bigwigs at BP reaction to their bunglling in the Gulf of Mexico.
Until there is a serious genuine movement in Western Society for responsible and reasonable pay for all its moot.
Done...and done
Sorry mate. I consider myself a reasonable intelligent chap, but I didn't understand a word of that!!! You're not some goddam communist are you?
ite easy - meomentum is the product of the mass and velocity of a cat
But seriously all I'm saying there and I think you do know this - is that if there is no limit on salaries anywhere else and won't be then saying I'm for a limit on slaries in football when its imposed on fields of labor is moot.
NO I'm not a goddam communist. I used to be a damned good communist - now I am a an advocate of free markets with social conciousness (how much is enough?). Wealth is not a sin or moral failing. Greed is.
Sorry I thought the communist bu=it was pretty funny to be fair
Last edited by USMartin on Fri Jan 14, 2011 6:13 pm, edited 1 time in total.
I Hate Hleb wrote:Regardless of how successful they've been in the past, they wouldn't be the first multi-millionaire businessmen to make subsequent mistakes in judgement though, would they?
No - but that would ignore the fact that they clearly have been successful in buildiing a new stadium at the cost of 500 million pounds or so and borrowing another 120 million to redevelop Highbury for an additional 30 million pound profit and seeing the share price rise from 5K to 11K in the same time period. And they did all this even as a what was almost a Global Economic Depression transpired.
Amazing how they managed do so well for the shareholders throughout this same period, and were so aware of how competently manage the business but just couldn't see that Arsene Wenger had gone all mad right in front of them. Amazing that.
I Hate Hleb wrote:Regardless of how successful they've been in the past, they wouldn't be the first multi-millionaire businessmen to make subsequent mistakes in judgement though, would they?
No - but that would ignore the fact that they clearly have been successful in buildiing a new stadium at the cost of 500 million pounds or so and borrowing another 120 million to redevelop Highbury for an additional 30 million pound profit and seeing the share price rise from 5K to 11K in the same time period. And they did all this even as a what was almost a Global Economic Depression transpired.
Amazing how they managed do so well for the shareholders throughout this same period, and were so aware of how competently manage the business but just couldn't see that Arsene Wenger had gone all mad right in front of them. Amazing that.
As usual you've strayed from the point!! I'm talking about in relation to believing that Wenger can make the club successful again, which preceded your post about successful businessmen. Again to use your style: Even successful businessmen have in the past made mistakes YES or NO?
I Hate Hleb wrote:Regardless of how successful they've been in the past, they wouldn't be the first multi-millionaire businessmen to make subsequent mistakes in judgement though, would they?
No - but that would ignore the fact that they clearly have been successful in buildiing a new stadium at the cost of 500 million pounds or so and borrowing another 120 million to redevelop Highbury for an additional 30 million pound profit and seeing the share price rise from 5K to 11K in the same time period. And they did all this even as a what was almost a Global Economic Depression transpired.
Amazing how they managed do so well for the shareholders throughout this same period, and were so aware of how competently manage the business but just couldn't see that Arsene Wenger had gone all mad right in front of them. Amazing that.
As usual you've stayed from the point!! I'm talking about in relation to believing that Wenger can make the club successful again, which precede your post about successful businessmen. Again to use your style: Even successful businessmen have in the past made mistakes YES or NO?
Yes. Businessmen make mistakes Look up Harry Frazee on Google or Wikipedia
But to ignore this point is perilous in the very least. For if we all can see what the Board cannot it is not merely a matter of mistake but mistake bordering on incompetence and even negligence. I would remind you that Brue Rioch was sacked even after he had taken us back from mid-table mediocrity to a fifth place finish in one year prior to Arsene Wenger being named manager. If they were unwilling to give him a second full season why would they continue for six straight seasons of disappointment or even arguably failure to reward Arsene Wenger?
You can't seriously believe that the upward business spikes and downward footballing spikes are purely some coincidence or accident of circumstance can you - or that the business just got really really lucky as this happened? Yes or no.
I Hate Hleb wrote:Regardless of how successful they've been in the past, they wouldn't be the first multi-millionaire businessmen to make subsequent mistakes in judgement though, would they?
No - but that would ignore the fact that they clearly have been successful in buildiing a new stadium at the cost of 500 million pounds or so and borrowing another 120 million to redevelop Highbury for an additional 30 million pound profit and seeing the share price rise from 5K to 11K in the same time period. And they did all this even as a what was almost a Global Economic Depression transpired.
Amazing how they managed do so well for the shareholders throughout this same period, and were so aware of how competently manage the business but just couldn't see that Arsene Wenger had gone all mad right in front of them. Amazing that.
We're lucky they had the foresight to go into the property business as our football business isn't that great, got screwed by the commercial deals that were negotiated, but the overall is.
I Hate Hleb wrote:Regardless of how successful they've been in the past, they wouldn't be the first multi-millionaire businessmen to make subsequent mistakes in judgement though, would they?
No - but that would ignore the fact that they clearly have been successful in buildiing a new stadium at the cost of 500 million pounds or so and borrowing another 120 million to redevelop Highbury for an additional 30 million pound profit and seeing the share price rise from 5K to 11K in the same time period. And they did all this even as a what was almost a Global Economic Depression transpired.
Amazing how they managed do so well for the shareholders throughout this same period, and were so aware of how competently manage the business but just couldn't see that Arsene Wenger had gone all mad right in front of them. Amazing that.
We're lucky they had the foresight to go into the property business as our football business isn't that great, got screwed by the commercial deals that were negotiated, but the overall is.
You conclude that based on what exactly?
Our footballing business wasa at its height siince before World War two prior to 2005. Indeed had we stayed at Highbury there was no danger that we would have gone bankrupt imminently or anything like that. The necessity of a new stadium arose because if we wanted to continue to compete at the level we reached we needed to have more financial muscle.
Now how does borrowing re-develop Highbury fit into that? And let's remember that had as much as anything to do the deals we got screwed on as you correctly make reference to. How does the additional 30 million pound profit short or long term rescue the business as a whole?
I Hate Hleb wrote:Regardless of how successful they've been in the past, they wouldn't be the first multi-millionaire businessmen to make subsequent mistakes in judgement though, would they?
No - but that would ignore the fact that they clearly have been successful in buildiing a new stadium at the cost of 500 million pounds or so and borrowing another 120 million to redevelop Highbury for an additional 30 million pound profit and seeing the share price rise from 5K to 11K in the same time period. And they did all this even as a what was almost a Global Economic Depression transpired.
Amazing how they managed do so well for the shareholders throughout this same period, and were so aware of how competently manage the business but just couldn't see that Arsene Wenger had gone all mad right in front of them. Amazing that.
We're lucky they had the foresight to go into the property business as our football business isn't that great, got screwed by the commercial deals that were negotiated, but the overall is.
You conclude that based on what exactly?
Our footballing business wasa at its height siince before World War two prior to 2005. Indeed had we stayed at Highbury there was no danger that we would have gone bankrupt imminently or anything like that. The necessity of a new stadium arose because if we wanted to continue to compete at the level we reached we needed to have more financial muscle.
Now how does borrowing re-develop Highbury fit into that? And let's remember that had as much as anything to do the deals we got screwed on as you correctly make reference to. How does the additional 30 million pound profit short or long term rescue the business as a whole?