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.
Understand this mate, Arshavin will be off in Jan id imagine. Squillaci out of contract in the summer and Sao Paoulo paying Denilsons wage's. So there slowly going, thankfully
I want to be clear that the money we generate is available to our manager, Arsène Wenger, and that he quite rightly makes the decisions regarding how to invest those funds based on his extensive football knowledge, experience and judgement. Over the years, his decisions and his management have propelled us to the top of the game in Europe (currently ranked 6th by UEFA) while playing some of the most attractive football in the world.
AFCjames wrote:Understand this mate, Arshavin will be off in Jan id imagine. Squillaci out of contract in the summer and Sao Paoulo paying Denilsons wage's. So there slowly going, thankfully
I don't know for certain but I reckon we're still footing a considerable amount of Denilson's (and Bendtner's) wages whilst they are out on loan. Their wages are exactly why they are on loan rather than sold, no one else wants to pay them that much.
I agree with your overall point though, wages go up whilst the quality goes down doesn't make sense.
I hope you can all see from today's report that wenger hasnt had any money to spend, it isnt his fault that bendtner and the rest of the shite are on such huge wages, he has no input into the running of the club and is being forced to work under extreme circumstances by our board
Will all the wenger apologists please wind in your necks now please ?
I read the highlights of the accounts in tonight's paper but will be reviewing the detailed financial statements in depth as I always do tomorrow.
Did Gazidis's commentary get cut and pasted from the last 2 reports - "sustainability", "cash available to invest in the squad". I gave up after reading that
I want to be clear that the money we generate is available to our manager, Arsène Wenger, and that he quite rightly makes the decisions regarding how to invest those funds based on his extensive football knowledge, experience and judgement. Over the years, his decisions and his management have propelled us to the top of the game in Europe (currently ranked 6th by UEFA) while playing some of the most attractive football in the world.
I'm as excited about being ranked 6th by UEFA, as I am about England being ranked 3rd by FIFA.
I'm sure only Star Trek fans, IT managers, train spotters and folk that get all excited over Top Gear find these rankings in any way interesting or helpful
Commenting on the results for the year, Peter Hill-Wood, non-executive Chairman, said:
“We have invested in the team and in the Club’s infrastructure as a whole and this will continue. UEFA’s new financial regulations have added a further emphasis to the need for a sound financial model. That is why our activities to increase revenue are important. Increased revenues allow us to continue to be competitive and to keep pace with the ever present cost pressures in the game.”
Ivan Gazidis, Chief Executive, said:
“Clubs, fans and other stakeholders in the game are demanding a more rational financial approach and this reinforces our conviction that our Club is strongly placed to succeed over the long term. We have qualified for the Champions League for the 15th season in a row whilst off the pitch we have a business strategy and infrastructure that is helping us to grow our revenues. This revenue growth will provide sustainable funds for future investment in the team whilst keeping within the UEFA Financial Fair Play requirements. We can and will forge our own path to success.”
Love the bit about fans demanding a more rational financial approach!
Proper fucking order too! When those chav wankards are singing about their measly little CL title we will rise as one and just fucking let them have it with; "Your accountants, your accounts, your accountants are fucking shit".
My thanks to perryashburtongroves for his Grammy winning lyrics.
I want to be clear that the money we generate is available to our manager, Arsène Wenger, and that he quite rightly makes the decisions regarding how to invest those funds based on his extensive football knowledge, experience and judgement. Over the years, his decisions and his management have propelled us to the top of the game in Europe (currently ranked 6th by UEFA) while playing some of the most attractive football in the world.
hmmmm...
I love how Ivan's definition of "top of the game in Europe" is so different to most of the rest of us. Or, indeed, anyone at all in the real world.
AFCjames wrote:Understand this mate, Arshavin will be off in Jan id imagine. Squillaci out of contract in the summer and Sao Paoulo paying Denilsons wage's. So there slowly going, thankfully
I don't know for certain but I reckon we're still footing a considerable amount of Denilson's (and Bendtner's) wages whilst they are out on loan. Their wages are exactly why they are on loan rather than sold, no one else wants to pay them that much.
I agree with your overall point though, wages go up whilst the quality goes down doesn't make sense.
I've heard Denilson's wages were been fully covered. Could be wrong tho. Bottom line is were paying stupid wages for poor players