PHW - We'll sell for the right price

Cockerill's chin · Post by **Cockerill's chin** » Sun Sep 07, 2008 8:14 am

http://www.goal.com/en/Articolo.aspx?ContenutoId=852932

The directors donâ€™t want to sell but we are a public company. It depends on the price

Transfer activity over the summer at the Emirates was fairly limited with Aaron Ramsey, Samir Nasir, Mikael Silvestre joining the club but the chairman insisted that Wenger is happy with his squad. He concluded: â€œAnd he believes he has the squad at the moment to challenge for honours next season.â€

Post by **REB** » Sun Sep 07, 2008 9:09 am

i have said all along that the current board are driving up the price of shares so when the lock down is over they will be in the position to maximise there profits and they dont give a shit about the fans in the long term and this will be proved right

usmanov is doing the same and is an investor who bought the shares cheap with an eye to the future and never had real plans to mount a takeover

gus ceasar is a legend · Sun Sep 07, 2008 9:11 am

Our board are a bunch of self-serving tossers who are in this for themselves.

They realise their days a creditable football club board members is coming to an end and as Rebel says they are lining themselves up for a huge payday!

Post by **REB** » Sun Sep 07, 2008 9:14 am

thank you for agreeing with me, you shall be looked after

mrgnu1958 · Post by **mrgnu1958** » Sun Sep 07, 2008 9:19 am

well WHAT a suprise eh

Cockerill's chin · Post by **Cockerill's chin** » Sun Sep 07, 2008 9:31 am

They realise their days a creditable football club board members is coming to an end and as Rebel says they are lining themselves up for a huge payday!

In the meantime, however, they are sabotaging the club. Their maximising of assets has resulted in a transfer policy akin to Crewe Alxandra. For the third richest club this has been an outrage. If we had spent over the last two years monies similar to Sunderland, I think we would not have been empty handed last year or so pessimistic this year. Oh to have Sunderland's money.

The money required to buy Arsenal will be massive. We will have the property money in and have been very well run over the past five years AS A BUSINESS. Will the 800m-900m required to buy Arsenal in 2 years time be financed in a Glazer type fashion? Will the current board give a shit if it is? I don't think so.

We have been lapping up their every word and promise and in the long term I expect this bunch of custodians to stitch the club up big time. For all those who counter that they haven't paid themselves a dividend for decades, that is small fry compared to how quickly their shares have and continue to appreciate.

Arsenal we don't need to attract multi-millionaires we make our own.

gus ceasar is a legend · Sun Sep 07, 2008 9:50 am

Thank fuck someone else here isn't prepared to swallow the shit sarnie served by Fiszman and co.

Post by **gooner.ed** » Sun Sep 07, 2008 9:55 am

financially, there are two board members who will profit significantly from a rise is the share price. the chairman isn't one of them.

additionally, the club would be worth more if it were winning things. so what the board have decided to do is let the manager get on with it. they have decided to take a hands off approach to the playing staff. it should be noted that wenger attends board meetings as a matter of course.

everything is for sale if the price is right. however, both fiszman and lady nina will do so well from a sale of their shares at the current price that they have no need to worry about making them worth even more.

i am not saying that they won't sell, just that deliberately restricting the manager's spending now is not a big consideration for them. it's too simple a view. arsenal would be worth more if they were winning things. the board - i suspect - wanted wenger to buy, but choose not to force him to do so.

if it all goes pear-shaped the directors' shares will actually be worth less. so this argument does not stack up. the board are a long way from perfect, but would you rather have west ham's? newcastle's? man utd's? chelsea's? who else's board would you prefer at arsenal?

gus ceasar is a legend · Sun Sep 07, 2008 10:03 am

Fair shout Ed but I do not think it is a question of whose board would we prefer but more of what type of person we need to see on ours.

My thoughts are that our current board are out of touch with the dynamics of running a modern day football club and we are seriously being held back by this. Yes Arsenal do have traditions to uphold but the Bank of England club days are long gone.

Now I know that the board are soon to appoint a new CEO or whatever they want to call them but I am afraid I do not trust our board to make the right appointment. I fear a yes man will be put in place and left to carry the can for the next round of AFC PR nightmares.

Maybe I am being pessimistic but only one thing has made me that way and that is the bombardment of hypocrisy and bullshit sent my way by the club.

mrgnu1958 · Post by **mrgnu1958** » Sun Sep 07, 2008 10:11 am

Im 100% certain that An ARAB will take us over very soon.
Over the 20 years of doing my job i find the "ARAB" a very competitive race.
They DONT like to lose face or feel inferior to the other ARAB with money.
Example...If one Arab gets out a Â£50 note to pay a Â£5.50 fare.
The other guy would try and pay me with a Â£100 note.

Which could mean that The Sultan of Brunie could be our man

green gooner · Post by **green gooner** » Sun Sep 07, 2008 10:22 am

To sell up or not sell up, that WAS the question...........

OK, let us say PHW and friends sell up and line their pockets to multi-millionaire buyers, great

However, if the new owners are as rich or richer than the owners of Man City then grand. If not then we will soon fall behind in the transfer market yet again.

Same old problem only played out with higher stakes. Will the new owner with his/her new football club play thing regard us fans any better than we are tthought of now?

Calo · Post by **Calo** » Sun Sep 07, 2008 10:24 am

ermm very interesting

i think the message is getting through at last

wonder if it cause as long as we in top 4 we make money

out of top 4 we would be F ed so they panaking now

esp as Newcastle and everton in talks

Cockerill's chin · Post by **Cockerill's chin** » Sun Sep 07, 2008 10:46 am

additionally, the club would be worth more if it were winning things. so what the board have decided to do is let the manager get on with it. they have decided to take a hands off approach to the playing staff. it should be noted that wenger attends board meetings as a matter of course.

I agree the value of the club would increase if we had won some silverware, however, to do this would have meant investment. As long as we qualify for CL football, then I think the board are happy with that compromise. The shares will continue to appreciate.

everything is for sale if the price is right. however, both fiszman and lady nina will do so well from a sale of their shares at the current price that they have no need to worry about making them worth even more.

Apart from Bill Gates I can't think of anyone who thinks they are rich enough. If Fiszman were so magnaminous he wouldn't be living in tax exile so he doesn't have to pay something back to a society which has afforded him the opportunity to succeed.

if it all goes pear-shaped the directors' shares will actually be worth less. so this argument does not stack up.

This depends what you mean by pear shaped. The lack of ambition shown by the transfer policy warrants pear shaped for me. This meant our squad has been and continues to be too light to realistically have a chance of winning the Premier league. I gues pear shaped for the business plan is finishing outside the top four. This seaon may be a bridge too far for AW's ability to get the squad to punch well above its weight. If we fail to get CL, then I think there may well be some boardroom panicking going on, however, the board expects top four even though they allow so little investment. The boards arrogance that top 4 is achievable while consistently making a transfer profit may well not stack up this year.

WengerKnows · Post by **WengerKnows** » Sun Sep 07, 2008 10:54 am

Anyone here familiar with Uk tax laws ?

What is the tax on income from dividends from shares if you are in the highest tax bracket ?

Is there any capital gains tax on stocks ?

This might explain why our beloved board has not taken any dividends out and are just waiting for a massive capital gains payday when they sell the stocks .

Radford149 · Post by **Radford149** » Sun Sep 07, 2008 10:59 am

green gooner wrote:To sell up or not sell up, that WAS the question...........

OK, let us say PHW and friends sell up and line their pockets to multi-millionaire buyers, great However, if the new owners are as rich or richer than the owners of Man City then grand. If not then we will soon fall behind in the transfer market yet again.

Same old problem only played out with higher stakes. Will the new owner with his/her new football club play thing regard us fans any better than we are tthought of now?

#

good post it seems to me that if every club or at least the top ten were bought by a billionaire then we would be in the same position per Se but with players earning even more ridiculous sums of money. fact is american sports teams are nearly all owned by such people (i do realise they have a different system of getting players) and all that happens is you get players signing contracts for tens of millions of dollars