Okay I’ll give this a go……frankbutcher wrote:I challenge anyone to look at our accounts and tell me that we are set-up long term to dominate World football finances. We moved to the Emirates to capitalise on the strength of our team and the support that had grown out of it. We have wasted that opportunity via a youth project that has back-fired severely. The Emirates will become a mill-stone round our necks.
Our wage bill is so out of proprtion it's not real. But it's not just the players. We have a commercial team that have been in place for 3 years, with nothing to do... Our commercial deals don't run out until 2014. So why have the Commercial Team been on £5m pa for the past 3 years? We could have cut Season ticket prices by 6.5%, not increased them. In fact 6.5% simply paid for our Commercial Team for one year. They asked us to pay for their wages for a year..........
We are dead in the water, unless Usmanov buys out Kroenke and splashes the cash. With Kroenke and Wenger we will be bust before we know it.
Firstly I totally agree and I think Wenger’s realised that he’s tried to over pay players to keep them at the club to fend off any other clubs. Plus the idea was to reward there loyalty.
This work with Cesc in that he held a stupidly long contract.
Where it doesn’t work is in players that are no where near the league of Cesc. Like Diaby, Almunia, Denilson & Bendtner etc….
In fact I personally feel it does the reverse of what it meant where we have players that don’t really care whether they play for the shirt. In fact some don’t care if they play!
There’s only 2 major deals. Kit manufacturer & Kit sponsor.
We also have the stadium naming right but that’s was another means of getting more cash at the time.
As we know the Kit manufacturer & Kit sponsor don’t run out for some time.
However, some smaller deals have been done with Idesit, Thomas cook Sport & Carlsberg. Also the commercial team look after the sales of the corporate boxes which I hear is sold out this year.
I’d like to see us to a similar training top deal like Man U with DHL as that seems a new area to exploit.
The way that football is we can still get major sponsorship deals even without European football that would still dwarf our current deals. Look at Liverpool with there sponsor with Standard Charter which equates to £20M a year!
I do agree that that the football side needs reinvestment. Get rid of the crap dross hanging around our club and buy some quality players. Stop buying youth as we already have an abundance with that and concentrate on the 1st team. Doesn’t have to be start but just quality and stop pissing around over minimal differences in fees!
Hopefully then we can have a team that can challenge for honours.
