THE BOARD - Kroenke, Usmanov and Finance

[arseofacrow]

The problem with having two billionaires in our shareholding is that the one with the disposable assets is impotent and cannot influence anything and that the other , the choice of Mr Fiszman is unwilling to put up any cash to improve the results on the pitch. He considers those to be secondary to the results on the balance sheet which are doing quite nicely.

Our old shareholding board members chose to take the money with the carrot of keeping their positions over the possibly of moving over and enabling the club to go forward on the pitch.

Yes, so the only ones to benefit so far from the stadium are the people who sold out to Kroenke. And Kroenke is set to benefit in the future.

The club's position of doing this all in the best interests of the club has been shown up as utter bullshit. What is being done is the best for the "company".

[highburyJD]

The club's position of doing this all in the best interests of the club has been shown up as utter bullshit. What is being done is the best for the "company".

not seeing the difference, the company is the club
we have two major investors and thats exactly what they are - investors
Abramothief and the slave owning middle-eastern royals are vanity purchasers expecting huge losses
investors want money out - any additional spending is likely to be debt

[georgeknows89]

highbury jd

you are talking absolute hypothetical bo**ox.

What is wrong worth what Abro has done compared to the Glazers- its like so opposite its unbelievable or comparable.

Although hidden as various loans and through different investment companies Abro has basically chucked hundreds of millions at chelski that he will never get back.Glazers have borrowed ti the hilt and piled on the debt and continue to live off the fact that yes they are the biggest and richest club in the world ( gross ) and know that the more they borrow the more they will eventually get of it when they cash their shares in.

Kroenke is like the Glazers and borrowed big ( but not by putting debt on the club because he couldn't and now can't)

Usmanov is like Abramovich except a lot richer and ironically they are close friends also.What yoiu and many can't accept or comprehend is that Usmanovis so fu**in rich and likes Arsenal, that before he ends up in a 6ft box he want the club to benefit from a few hundred million, end of.

I can categorically 100 million percent assure you that in his words he treats Metalinvest as 'credit' that prints the money and he sees Arsenal as 'debit' that will receive and spend the money and all his financial advisers have told him that he will never get return on his investment in Arsenal but he doesn't give a sshit because he has got 11billion pounds , so a few hundred million aint gonna break him

[Herd]

Augie this is why Stan aint going nowhere unless he gets large sums of dosh !

The Asian market is boosting the TV rights which he owns already outright and why he will stay at the club !

We are a franchise and a valuable one at that.

Results on the field means nothing !

Do they mean nothing Herd? Surely we are only a valuble 'franchise' if we are successful. Our meaning of success differs from the clubs who seem to cherish the top 4 but still we have to be there for interest abroad (for example) dont we?

To men n u yes to kroenke not a jot !

Many of the NFL teams are in the top 50 and most of those win fuck all year in year out .

We are a major branding franchise in the most lucrative European soccer hub ,the EPL !

[Red Member]

One thing has been puzzling me this summer.

ok I understand that Kroenke and Gazidis are in this to make money and very successful they have been too.
and I appreciate that Wenger gets well paid to achieve his 4th place each season. I am just surprised that he seems content to keep on doing this. I am surprised that he also now appears to have no ambition to win anything anymore.

is his idea just to see out his contract and ensure that the club remains stable for the next manager coming in?

this summer Arsenal had a golden opportunity. By finishing 3rd and guaranteed CL football all the top players should have wanted to stay and new top players wanting to come. Apart from a fading german star and a french reserve team player no one has come and our best players want to leave. What is going on at the club?

[DB10GOONER]

One thing has been puzzling me this summer.

ok I understand that Kroenke and Gazidis are in this to make money and very successful they have been too.
and I appreciate that Wenger gets well paid to achieve his 4th place each season. I am just surprised that he seems content to keep on doing this. I am surprised that he also now appears to have no ambition to win anything anymore.

is his idea just to see out his contract and ensure that the club remains stable for the next manager coming in?

this summer Arsenal had a golden opportunity. By finishing 3rd and guaranteed CL football all the top players should have wanted to stay and new top players wanting to come. Apart from a fading german star and a french reserve team player no one has come and our best players want to leave. What is going on at the club?

You are looking at it from slightly the wrong angle. Wenger believes that he CAN get success playing tippy tappy with the players he has, his ego won't let him believe he can't. Wenger WANTS to win things, he has just lost the ability to do so and he cannot admit this to himself. The Board are the ones happy with 3rd or 4th, as it gives them the CL money so they are not prepared to bring Wenger to task over his lack of trophies in the last 7 years.

[OneBardGooner]

One thing has been puzzling me this summer.

ok I understand that Kroenke and Gazidis are in this to make money and very successful they have been too.
and I appreciate that Wenger gets well paid to achieve his 4th place each season. I am just surprised that he seems content to keep on doing this. I am surprised that he also now appears to have no ambition to win anything anymore.

is his idea just to see out his contract and ensure that the club remains stable for the next manager coming in?

this summer Arsenal had a golden opportunity. By finishing 3rd and guaranteed CL football all the top players should have wanted to stay and new top players wanting to come. Apart from a fading german star and a french reserve team player no one has come and our best players want to leave. What is going on at the club?

You are looking at it from slightly the wrong angle. Wenger believes that he CAN get success playing tippy tappy with the players he has, his ego won't let him believe he can't. Wenger WANTS to win things, he has just lost the ability to do so and he cannot admit this to himself. The Board are the ones happy with 3rd or 4th, as it gives them the CL money so they are not prepared to bring Wenger to task over his lack of trophies in the last 7 years.

When he first arrived with his one/two touch and pass game (and his dietary and body work schemes pilate's etc) He was seen as something of a 'visionary' by many managers in the UK/Prem - They all saw how successful his system/s were and copied him - fat *word censored* allardyce, even fergie, But they have also sussed how to beat his system of playing....and as we all know he has no Plan B and because he placed all his trust in the one system - he has no real tactical knowledge and this along with his inflexible nature has meant he is noe lagging behind in the approach necessary to build and maintain a Winning Team...His financial rigidness is another reason why we are up shit creek without a fucking paddle.

He has within the space of 10 years moved from being considered a Genius to being a Dinosaur. Sad!? Yes. But it IS True, and we are the one's paying the price for his Dogmatic and continued insistence that he is right.

Which both Saddens Me as I would prefer to wave him farewell with Good Wishes Buona Fortuna etc rather than with relief and an angry aftertaste about his tenure as our manager.

What else is left to do and feel but Frustration and Anger.

[highburyJD]

highbury jd

you are talking absolute hypothetical bo**ox.

What is wrong worth what Abro has done compared to the Glazers- its like so opposite its unbelievable or comparable.

Although hidden as various loans and through different investment companies Abro has basically chucked hundreds of millions at chelski that he will never get back.Glazers have borrowed ti the hilt and piled on the debt and continue to live off the fact that yes they are the biggest and richest club in the world ( gross ) and know that the more they borrow the more they will eventually get of it when they cash their shares in.

Kroenke is like the Glazers and borrowed big ( but not by putting debt on the club because he couldn't and now can't)

Usmanov is like Abramovich except a lot richer and ironically they are close friends also.What yoiu and many can't accept or comprehend is that Usmanovis so fu**in rich and likes Arsenal, that before he ends up in a 6ft box he want the club to benefit from a few hundred million, end of.

I can categorically 100 million percent assure you that in his words he treats Metalinvest as 'credit' that prints the money and he sees Arsenal as 'debit' that will receive and spend the money and all his financial advisers have told him that he will never get return on his investment in Arsenal but he doesn't give a sshit because he has got 11billion pounds , so a few hundred million aint gonna break him

surreal post
as far as I can see you're the only person comparing glazers & abramovitch
you complain about hypothetical bs
then make a categorical 100000000 % assurance

foolish

[Vinny1967]

Arsenal shareholder Alisher Usmanov has launched another angry attack on the club's board, citing "the current politics of the club's management" as one of the factors behind their trophyless run.

Usmanov owns 30 per cent of the club, and remains the second largest shareholder after Stan Kroenke, but does not have a place on the board.

After issuing an open letter in which he expressed his concern with regards to the running of the club and its ambition, he has again called for changes to be made.

"Disregarding the series of trophyless seasons, you have to accept that a few of the current board of directors were at the helm during the greatest moments of the Arsene Wenger era," Usmanov told Forbes Magazine Russia.

"But the footballing landscape has changed. Our point of view on which direction the club is going today, and our disagreement with this direction, have been laid out in our open letter to the board.

"We do not consider just qualifying for the Champions League to be the chief ambition of the club, and with all our hearts we support the team and wish them well for the new season.

"Victory is absolutely not ruled out, but the current politics of the club's management will leave Arsene Wenger and his team with fewer and fewer opportunities in the long run."

Usmanov also insisted that as a fan of the club, he failed to see foresee its current situation, and regrets the way it was handled.

Having acquired David Dein's 14.6% share in the club in 2007, a figure which he has since added to significantly, Usmanov has described the process as 'unobjective.'

"Arsenal were one of the first teams I saw on television, and at that time I started supporting them," he added.

"I was introduced to David Dein by a mutual friend. At that time I was looking at a number of possibilities to invest in Premier League clubs, but the chance to buy a small shareholding in Arsenal outranked all other considerations.

"When I bought shares off David Dein I was happy with the opportunity to get to know the footballing legend which Arsenal represent. I was absolutely satsifed with this purchase and wanted to buy more shares in the club.

"At that time I never imagined the depth of conflict between the shareholders.

"I was also disappointed, and very much regretted, that Danny Fiszman, who at that time ran Arsenal, dealt with me on the basis of totally unobjective opinions and assertions of a few individuals."

The 58-year-old insists that despite being unhappy with the club's position, he is not prepared to sell his own shares.

"We plan to continue to buy shares in the club," Usmanov confirmed.

"From the point of view of investment, this has already been a successful policy: the value of the club has rise from £300-400 million to £700-800m.

"But this is not the point. I am a fan and I am not going to sell these shares at any time, since this is the club that I consider the best in the world."

Taken From

http://www.goal.com/en-gb/news/2896/pre ... enal-board

[highburyJD]

everything 'alleged' rapist and gangster Usmanov says is self-serving BS
everything on the goal website is wrong...

I'm confused... does that mean this statement is accurate??


don't cross the streams

[Vinny1967]

everything 'alleged' rapist and gangster Usmanov says is self-serving BS
everything on the goal website is wrong...

I'm confused... does that mean this statement is accurate??


don't cross the streams

If it's true I just see it as political posturing and self serving to be honest.

[Herd]

I'm not so naive that I think Usmanov's motives are selflessly altruistic but the fact is Kroenke has overpaid for his shares and will seek to regain the cost of that over many years .
To him we are a money making sporting franchise nothing more nothing less !
Perhaps and maybe Usmanov will be better but it is a leap into the dark !
Danny Fizman RIH !

[goonswede]

Can't be worse than Kroenke tbh Look at all his US teams - No investment!

[OneBardGooner]

If it were possible to look behind the doors of 99% of the worlds Billionaires/Millionaires/Politicians etc etc- we would find some very bad skeletons indeed, I'm not saying that is acceptable not for a moment, but it is well understood that corruption/dodgy deals/breaking laws comes with the territory... there have been numerous accusations aimed at Abramovich....but the rich and powerful people/ companies in the world have a way of protecting themselves from being found out.... but one thin i's for sure Kroenke ain't gonna invest in the way we need it......and until he's gone - we are stuck with struggling...that's why the board - after their initial insults towards him (P H Wood: "We Don't Want His Kind At Arsenal")...soon realised he was a good bet to keep lining their pockets with profit....

I guess (unless someone writes a Tell It All book) we will never know the truth about - if it is AWA not willing to spend, if it is all down to the board, and AW's taking the flack...or both of them covering for one another with the smokescreen they've created these past years....the bottom line though ...unless things change...we will be the Bitch club in the English Prem to the likes of manure/$hitty/chavscum...and that makes me angry beyond words.

[Arsenal Till I Die]

Business is a dirty world. As OneBardGooner said, a lot of high powered people have things they want to be kept hidden but that doesn't stop them from running a highly successful business. I'm not going to sit hear and say that Usmanov is a saint who wants to come in and save us all from the nasty demons that are known as PH-W and Silent Stan the invisible man because after all, Arsenal Football Club is still a business and its a business which operates in a market which generates sickening amounts of money.

Now, IF Usmanov some how took over what could we possibly expect? Well you have to look at it from his point of view and that is ''How can I make money from this?'' and he can do that by doing what WE the fans want...high quality players bought, a team which functions consistently and overall trophies. Trophies may not seem like much but if you think about how much money the club will receive by winning trophies (One would naturally assume it is a bigger prize depending on the trophy) not forgetting the positive fallout of winning trophies which is -

Existing fans happy
|
Money spent on various club products + ticket sales

New fans
|
Money spent on various club products + ticket sales

Sponsorship.

TV rights.

All of the above generate a huge sum of money on top of what the club has won and collected during the previous season.

Investment brings success and somewhere along the lines PH-W and the board have lost sight of that - not including the current summer.