Board Sells - Kroenke Takes Control Of Club!!

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.
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Deise Gooner
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Post by Deise Gooner »

1989 wrote:Sorry for not replying to you Deise.

I think different clubs/people have different definitions of success. For us it's obviously not been trophies for the last few years, as confirmed by Wenger and Hill Wood's comments recently. Whereas a club like Blackpool for example would view success as just staying up in the league for another season.

I'm sure Kroenke's definition of success is much closer to what the supporters want.
I would agree with the fact that Blackpool would see success as staying in the premiership but ultimately success is winning a trophy. Would you consider Blackpool a succesful club if they stayed in the PL for 2 seasons in a row or if they won the league two years in a row.

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Barriecuda
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Post by Barriecuda »

I, for one, welcome our new human overlord.
Image

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USMartin
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Post by USMartin »

re-post,,,but a really good one :lol:

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Barriecuda
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Post by Barriecuda »

USMartin wrote:re-post,,,but a really good one :lol:
In my defense, after 23 pages I'm sure it's all been said :p

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USMartin
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Post by USMartin »

Barriecuda wrote:
USMartin wrote:re-post,,,but a really good one :lol:
In my defense, after 23 pages I'm sure it's all been said :p
No worries just that same very same post was posted either on here or somewhere else including the simpsons pic - just caught me eye that

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Herd
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TEECEE

Post by Herd »

Tee Cee I realise you spend most of your time fantasising about gay sex to have any grasp of macro economics but whether Kroenke debt leverages the Club once acquiring 75 percent or borrows against his assets which include Arsenal football club the effect is the same .
Even a bear with very little brain like yourself, and mr cut n paste 1989 should be able to understand this .
The New Owner having paid top dollar owner to the shysters on the board will squeeze the last drop of revenue from it to service the debt and make money, unless you believe the man to have Philanthropic intentions towards the Arsenal ???? His pet love is basketball not football,do you think he will start waving the cheque book ???

What will happen?????? In the end none of us know except of course he will get rid of ticketmaster which we all secretly admit has been heavily playing on our minds as this situation unfolds.

My biggest fear is that we have groundhog day for the next 20 years as we have had since 2006 !
Last edited by Herd on Tue Apr 12, 2011 6:08 am, edited 1 time in total.

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Herd
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more cut n pasting

Post by Herd »

1989 wrote:Kroenke vows to bring trophies back to Arsenal as he mounts full takeover bid for club

http://www.washingtonpost.com/sports/dc ... story.html
Another cut and paste article,are you incapable of independent thought 1989 ?

With the price he has paid he will have precious little to re-invest into the club but in 5 years who knows ,he could buy Wembley from the FA at a knockdown price and move us into a larger stadium ,selling Ashburton road to the property developers !

Franchises can be moved u know !

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O'Leary
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Post by O'Leary »

I just hope we get Taco Bell and Cinnabon installed in the ground, man that shit is da bomb!

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jonny3110
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Post by jonny3110 »

O'Leary wrote:I just hope we get Taco Bell and Cinnabon installed in the ground, man that shit is da bomb!
:coffeespit: :coffeespit: :coffeespit:

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Arsenal 1991
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Post by Arsenal 1991 »

Anyone who's worried about the current board staying in place, it's highly unlikely that he's gonna spend millions of his (or the banks) money to leave the same people in charge. He'll want to put his own stamp on the club.

Herd, what are you basing your fears that we are going to be burdened with more debt from? He's never done it before and he needs 75% to do it. Usmanov does not look like selling!

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Herd
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Korenke

Post by Herd »

Arsenal 1991 wrote:Anyone who's worried about the current board staying in place, it's highly unlikely that he's gonna spend millions of his (or the banks) money to leave the same people in charge. He'll want to put his own stamp on the club.

Herd, what are you basing your fears that we are going to be burdened with more debt from? He's never done it before and he needs 75% to do it. Usmanov does not look like selling!
Kroenke may not of debt Leveraged the things he owns but he sure as hell owes the banks a lot of money and will owe them a lot more if he buys Arsenal. Debts have to be serviced and his assets are bound to be collateral against the loan. With his connections he wont have to issue high interest Bonds perhaps but he will still be carrying a lot of debt with him.
In the rich listings they mention his assets but not his liabilities.

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Arsenal 1991
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Re: Korenke

Post by Arsenal 1991 »

Herd wrote:
Arsenal 1991 wrote:Anyone who's worried about the current board staying in place, it's highly unlikely that he's gonna spend millions of his (or the banks) money to leave the same people in charge. He'll want to put his own stamp on the club.

Herd, what are you basing your fears that we are going to be burdened with more debt from? He's never done it before and he needs 75% to do it. Usmanov does not look like selling!
Kroenke may not of debt Leveraged the things he owns but he sure as hell owes the banks a lot of money and will owe them a lot more if he buys Arsenal. Debts have to be serviced and his assets are bound to be collateral against the loan. With his connections he wont have to issue high interest Bonds perhaps but he will still be carrying a lot of debt with him.
In the rich listings they mention his assets but not his liabilities.
As with most things we'll just have to wait and see. Apparently he could've used the clubs own assets to pay for the takeover but he hasn't. The biggest thing I'm worried about is if he takes dividends out of the club. We can't do anything about it and that's scary.

I'm excited about him increasing commercial revenues, it he does it right we'll have as much money, if not more than united and money to properly compete with anybody.

I also hope he throws that *word censored* hill wood and the rest of them out on their arses. If not I'll start a new protest group! :lol: :banghead:

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Arsenal 1991
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Re: Korenke

Post by Arsenal 1991 »

Herd wrote:
Arsenal 1991 wrote:Anyone who's worried about the current board staying in place, it's highly unlikely that he's gonna spend millions of his (or the banks) money to leave the same people in charge. He'll want to put his own stamp on the club.

Herd, what are you basing your fears that we are going to be burdened with more debt from? He's never done it before and he needs 75% to do it. Usmanov does not look like selling!
Kroenke may not of debt Leveraged the things he owns but he sure as hell owes the banks a lot of money and will owe them a lot more if he buys Arsenal. Debts have to be serviced and his assets are bound to be collateral against the loan. With his connections he wont have to issue high interest Bonds perhaps but he will still be carrying a lot of debt with him.
In the rich listings they mention his assets but not his liabilities.
As with most things we'll just have to wait and see. Apparently he could've used the clubs own assets to pay for the takeover but he hasn't. The biggest thing I'm worried about is if he takes dividends out of the club. We can't do anything about it and that's scary.

I'm excited about him increasing commercial revenues, it he does it right we'll have as much money, if not more than united and money to properly compete with anybody.

I also hope he throws that *word censored* hill wood and the rest of them out on their arses. If not I'll start a new protest group! :lol: :banghead:

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Herd
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Re: Kroenke

Post by Herd »

I'm excited about him increasing commercial revenues, it he does it right we'll have as much money, if not more than united and money to properly compete with anybody.
I also hope he throws that c**t hill wood and the rest of them out on their arses. If not I'll start a new protest group! :lol: :banghead:
Hillwoods shares had a caveat or covenant meaning he couldn't be unseated during his lifetime ,its the only reason Dein kept him around . I am sure Stan will not want this millstone around his neck so i can see him getting eased out but that's mere speculation.
He thinks there is Big money in maximising worldwide TV revenues and increasing the global brand but beware that he simply doesn't move us to Wembley and sell ashburton !

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I Hate Hleb
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