THE BOARD - Kroenke, Usmanov and Finance

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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E5Gooner
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by E5Gooner »

augie wrote:"Clubs will also be restricted by how much they will be allowed to increase their wage bills".....so on the verge of entering into the new bumper tv deal, the clubs are now trying to reduce the players slice of that pie - seeing as the players are the attraction that brings in these huge tv money deals, it hardly makes sense to squeeze the cash cow :roll:
Player salaries are just nuts now, do we really want to see £300k, £400k a week deals? (hell, the first £1m a week player can't be far off). For years and years we've had people saying that players are paid far too much, seems a bit churlish to turn around and have a go at the clubs when they actually try to do something about it.
At least when all the top quality players get pissed off and fcuk off to spain where they will get better wages, we will return to the good old days when the "geoff thomas's" of the english game return to rule the roost again :roll: :banghead:
The Spanish are deep in a financial crisis and the majority of clubs over there are in deep financial doo doo. The two exceptions are Barcelona and Real Madrid who, as they qualify for the CL every season, have to abide by UEFA's FFP regulations which are much stricter than ours.

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northbank123
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by northbank123 »

Found an article online from the Telegraph stating that Spanish clubs owe their Treasury a combined total of 1.35bn Euros :shock:

Bearing in mind HMRC will try and wind up any club here with any sort of unpaid tax bill, it's astonishing to see clubs abroad who are perennially in debt to the government allowed to continue with few repercussions. Atletico owe 115m Euros to the government, yet the taxman has agreed a generous installment plan whereby they pay interest at a rate of 4.5% (only 1-2% above inflation). They still haven't paid off Falcao's transfer fee as agreed (as of September 2012).

Seems a bit rich that England tends to be the focus of UEFA and the media at large's criticism over finances and debt. The expenditure of some English clubs is ridiculous, and it doesn't please everybody to have clubs like Chelsea, Citeh and QPR throwing individuals' wealth around, but the financial controls here are far stricter in a lot of ways than abroad. I wouldn't have thought HMRC would have happily let a club owing them £100m agree to pay £35-40m for a player.

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augie
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by augie »

E5Gooner wrote:
augie wrote:"Clubs will also be restricted by how much they will be allowed to increase their wage bills".....so on the verge of entering into the new bumper tv deal, the clubs are now trying to reduce the players slice of that pie - seeing as the players are the attraction that brings in these huge tv money deals, it hardly makes sense to squeeze the cash cow :roll:
Player salaries are just nuts now, do we really want to see £300k, £400k a week deals? (hell, the first £1m a week player can't be far off). For years and years we've had people saying that players are paid far too much, seems a bit churlish to turn around and have a go at the clubs when they actually try to do something about it.
At least when all the top quality players get pissed off and fcuk off to spain where they will get better wages, we will return to the good old days when the "geoff thomas's" of the english game return to rule the roost again :roll: :banghead:
The Spanish are deep in a financial crisis and the majority of clubs over there are in deep financial doo doo. The two exceptions are Barcelona and Real Madrid who, as they qualify for the CL every season, have to abide by UEFA's FFP regulations which are much stricter than ours.


Methinks you are missing my point......we are on the verge of entering a bumper new tv deal (the highest yet), ticket prices are not going down (as if :roll: ) and now they are trying to put a cap on salaries so you tell me where the rest of the money is going then :rubchin: I'll tell you straight up where it is going......into the pockets of c**ts like kroenke who only came into our game to line their own pockets :roll: :evil: If you give me a choice between paying players even more outlandish wages than what currently exists, or allowing the likes of kroenke or glaziers take the money for their own benefits then I would give it to the players every day of the week and twice on a Sunday.

As many on here already know, I am a big nfl fan and I love their system with regards to wealth distribution etc - however it should be noted that every time a new bigger tv deal gets negotiated by the nfl it has knock on consequences like an increase on teams salary cap and if the players don't retain the same percentage of the money as was the case in the previous deals then they just go out on strike and bring the game to a standstill. As a fan is is extremely frustrating when that happens but at the same time why should the players not get their share of the increased tv money given that it is only because of their talents that the league can sell the rights for huge money

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DB10GOONER
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by DB10GOONER »

If only we could somehow entwine a discussion about blogs on this thread then it would be Flash's favourite thread of all time!

:barscarf:

:suicide:

:wink:

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northbank123
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by northbank123 »

DB10GOONER wrote:If only we could somehow entwine a discussion about blogs on this thread then it would be Flash's favourite thread of all time!

:barscarf:

:suicide:

:wink:
Flash a.k.a. Swiss Ramble?

E5Gooner
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by E5Gooner »

augie wrote:why should the players not get their share of the increased tv money given that it is only because of their talents that the league can sell the rights for huge money
Wages as a percentage of turnover are currently far too high, if wages are controlled for the next tv deal then the ratio comes back down to a sane level.

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Nos89
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by Nos89 »

Could this explain the clubs request to increase the number of concerts it holds? Does the revenue gained from non football activities go towards the footballing side of things?

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augie
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by augie »

E5Gooner wrote:
augie wrote:why should the players not get their share of the increased tv money given that it is only because of their talents that the league can sell the rights for huge money
Wages as a percentage of turnover are currently far too high, if wages are controlled for the next tv deal then the ratio comes back down to a sane level.


Again I will ask the question......where do you think the extra money for the new tv deal will/should go then ? You can quote percentages all day long but the bottom line is that there will be extra tv money coming in and all you are saying is that the players shouldnt get any of it :roll:

E5Gooner
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by E5Gooner »

Nos89 wrote:Could this explain the clubs request to increase the number of concerts it holds? Does the revenue gained from non football activities go towards the footballing side of things?
Interesting, I didn't know that request had been made. Money raised from non-footballing must surely be considered as external investment if its put into the football club?

E5Gooner
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by E5Gooner »

augie wrote: Again I will ask the question......where do you think the extra money for the new tv deal will/should go then ? You can quote percentages all day long but the bottom line is that there will be extra tv money coming in and all you are saying is that the players shouldnt get any of it :roll:
Most PL clubs are run at a loss, Arsenal are total outliers in terms of making so much money year after year. If you control wages you stop football clubs have to run up massive debts to be competitive.

_James_
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by _James_ »

E5Gooner wrote:
Nos89 wrote:Could this explain the clubs request to increase the number of concerts it holds? Does the revenue gained from non football activities go towards the footballing side of things?
Interesting, I didn't know that request had been made. Money raised from non-footballing must surely be considered as external investment if its put into the football club?
The money could be used to pay off debt leaving money free for the football team, or more likely as insurance against Arsenal not making the champions league. Instead of 5 champions league matches they hold 6 concerts plus revenue from Europa league matches and probably be about the same level.

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northbank123
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by northbank123 »

The club wants to hold more gigs because....... it will get more money (shock horror). Why do they need an excuse like new rules or whatever to try and maximise their revenue? It's not as if we'll ever get near breaching the generous 'restrictions' imposed.

In reality this 'break even' rule is bollocks anyway - when you consider that the FFP rules discount money spent on infrastructure and interest repayments amongst other things then a big club could quite feasibly run at a £30m loss in any given year, be spiralling into yet more debt with increasingly sky-high interest repayments on their debts and yet be operating at a profit for FFP purposes.

The whole thing is just a sham, at the end of the day clubs want to spunk away the money. The PL are the ones responsible for the huge revenue streams from TV and this in turn has led to engorged income from global sponsorship and in a roundabout way let clubs charge extortionate ticket prices. The PL are responsible for clubs having so much money, as Augie says what else are they going to spend it on other than the players, who the whole things falls apart without?

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StuartL
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by StuartL »

_James_ wrote:
E5Gooner wrote:
Nos89 wrote:Could this explain the clubs request to increase the number of concerts it holds? Does the revenue gained from non football activities go towards the footballing side of things?
Interesting, I didn't know that request had been made. Money raised from non-footballing must surely be considered as external investment if its put into the football club?
The money could be used to pay off debt leaving money free for the football team, or more likely as insurance against Arsenal not making the champions league. Instead of 5 champions league matches they hold 6 concerts plus revenue from Europa league matches and probably be about the same level.
Each Home match generates approx £3million - more for the Champions League matches with the advertising / tv rights, do you really think a Coldplay concert will bring in that much to us, just to host the concert ??

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augie
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by augie »

E5Gooner wrote:
augie wrote: Again I will ask the question......where do you think the extra money for the new tv deal will/should go then ? You can quote percentages all day long but the bottom line is that there will be extra tv money coming in and all you are saying is that the players shouldnt get any of it :roll:
Most PL clubs are run at a loss, Arsenal are total outliers in terms of making so much money year after year. If you control wages you stop football clubs have to run up massive debts to be competitive.


FFS I dont give a shit about other clubs and their profit and loss accounts....I asked you where the extra money our club gets should go ? You are saying a lot without saying where our extra revenue will go cos you know full well we the fans wont see a reduction in ticket prices on the back of this tv deal or any other tv deal for that matter :roll: :x

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Dan_85
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Re: Board/Stadium Finance: USMANOV/KROENKE/DEIN/HILL-WOOD et

Post by Dan_85 »

E5Gooner wrote:
augie wrote: Again I will ask the question......where do you think the extra money for the new tv deal will/should go then ? You can quote percentages all day long but the bottom line is that there will be extra tv money coming in and all you are saying is that the players shouldnt get any of it :roll:
Most PL clubs are run at a loss, Arsenal are total outliers in terms of making so much money year after year. If you control wages you stop football clubs have to run up massive debts to be competitive.
You do realise we make a loss before player sales? Fan-fucking-tastic, what a brilliantly run club we are.

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