Jagten

But that's part of the point. They've got a vast wage bill (111M in 09/10, dwarfing ours for example) but for years and years have been held up as paragons of financial virtue because it's still low relative to their turnover. THEY HAVE A LOT OF MONEY. I am well aware they are in rude financial health. But the suggestion that he only likes to spend a bit of money, on some half decent players seems daft. Surely there must be constraints other than stubbornness that hinder him. Not likely. Just follow his managerial career. I dont think his dealings in japan and french football are comparable to the financial might of arsenal. Yes he has a tendency to opt for youth, but surely someone of his experience would be acutely aware to the need to spend money, in his current predicament. I wont cite stubbornness.

But that's part of the point. They've got a vast wage bill (111M in 09/10, dwarfing ours for example) but for years and years have been held up as paragons of financial virtue because it's still low relative to their turnover. THEY HAVE A LOT OF MONEY. I am well aware they are in rude financial health. But the suggestion that he only likes to spend a bit of money, on some half decent players seems daft. Surely there must be constraints other than stubbornness that hinder him.

Load of s****, one of the most financially sound clubs in the league. Reason he's in the soup is hanging on in windows to players who clearly want away then not replacing them with equal quality. That and buying in the wrong areas. He's a stubborn old fool, and he's not going to change any time soon. How do they service the payments for the stadium? By selling the stadium name. Somehow i doubt that generates enough. The £470 million cost of the project, augmented by the extra costs the club had to meet besides building the stadium itself, was a formidable obstacle, especially as Arsenal were not granted any public subsidy. Arsenal had difficulty obtaining finance for the project, and work ceased just after it had begun, before restarting when a £260 million loan package was obtained from a consortium of banks, led by the Royal Bank of Scotland.[69] In August 2005 Arsenal announced plans to replace most of the bank debt with bonds. The proposed bond issue went ahead on 13 July 2006. The club issued £210 million worth of 13.5 year bonds with a spread of 52 basis points over UK government bonds and £50 million of 7.1 year bonds with a spread of 22 basis points over LIBOR. It was the first publicly marketed, asset-backed bond issue by a European football club.[70] The effective interest rate on these bonds is 5.14% and 5.97% respectively, and they are due to be paid back over a 25-year period; the move to bonds has reduced the club's annual debt service cost to approximately £20 million a year.[63] On 31 May 2007 the club's net debt stood at £262.1 million.[63] However at the same time there are multiple sources of income for the club; the remainder of the Lough Road site is being used for new housing, as are the surplus areas around the stadium at Ashburton Grove. Highbury is currently being converted into apartments, most of which have been sold. In total, more than 2,000 homes will be built at the three sites, and the club is counting on the profit from these developments to make a major contribution towards the costs of the new stadium. Other sources of revenue include the £100 million from Emirates for the naming rights, to be paid over the course of the deal[50] and a £15m contribution towards the capital costs of the stadium's catering facilities from catering firm Delaware North, which has a 20-year exclusive contract to run the stadium's catering operation.[71] Finally, there is the increased revenue from the stadium itself. In 2005, Arsenal's then chief executive Keith Edelman commented that the new stadium is expected to increase Arsenal's turnover from typically £115 million to around £170 million.[72] Final accounts for the year ending May 2007, Arsenal's first season at the Emirates, show that Arsenal's turnover has increased to £200.8 million, compared to £137.2 million the previous year and that group operating profits increased to £51.2 million.[63] Even once debt repayments are taken into account, the club's turnover has increased by at least £20 million a year,[73] (in 2006–07 the club recorded a surplus of £37 million).[63] Skint then. You have no idea how much money is made available to wenger, a figure which i question. Are you Mike Ashley? Yes

Give up, just looking foolish now. Your'e marginally aggressive when trying to convey a point

Load of s****, one of the most financially sound clubs in the league. Reason he's in the soup is hanging on in windows to players who clearly want away then not replacing them with equal quality. That and buying in the wrong areas. He's a stubborn old fool, and he's not going to change any time soon. How do they service the payments for the stadium? By selling the stadium name. Somehow i doubt that generates enough. The £470 million cost of the project, augmented by the extra costs the club had to meet besides building the stadium itself, was a formidable obstacle, especially as Arsenal were not granted any public subsidy. Arsenal had difficulty obtaining finance for the project, and work ceased just after it had begun, before restarting when a £260 million loan package was obtained from a consortium of banks, led by the Royal Bank of Scotland.[69] In August 2005 Arsenal announced plans to replace most of the bank debt with bonds. The proposed bond issue went ahead on 13 July 2006. The club issued £210 million worth of 13.5 year bonds with a spread of 52 basis points over UK government bonds and £50 million of 7.1 year bonds with a spread of 22 basis points over LIBOR. It was the first publicly marketed, asset-backed bond issue by a European football club.[70] The effective interest rate on these bonds is 5.14% and 5.97% respectively, and they are due to be paid back over a 25-year period; the move to bonds has reduced the club's annual debt service cost to approximately £20 million a year.[63] On 31 May 2007 the club's net debt stood at £262.1 million.[63] However at the same time there are multiple sources of income for the club; the remainder of the Lough Road site is being used for new housing, as are the surplus areas around the stadium at Ashburton Grove. Highbury is currently being converted into apartments, most of which have been sold. In total, more than 2,000 homes will be built at the three sites, and the club is counting on the profit from these developments to make a major contribution towards the costs of the new stadium. Other sources of revenue include the £100 million from Emirates for the naming rights, to be paid over the course of the deal[50] and a £15m contribution towards the capital costs of the stadium's catering facilities from catering firm Delaware North, which has a 20-year exclusive contract to run the stadium's catering operation.[71] Finally, there is the increased revenue from the stadium itself. In 2005, Arsenal's then chief executive Keith Edelman commented that the new stadium is expected to increase Arsenal's turnover from typically £115 million to around £170 million.[72] Final accounts for the year ending May 2007, Arsenal's first season at the Emirates, show that Arsenal's turnover has increased to £200.8 million, compared to £137.2 million the previous year and that group operating profits increased to £51.2 million.[63] Even once debt repayments are taken into account, the club's turnover has increased by at least £20 million a year,[73] (in 2006–07 the club recorded a surplus of £37 million).[63] Skint then. You have no idea how much money is made available to wenger, a figure which i question.

They still have large salary's to pay, and a stadium to service. I dont believe they have the amount of money that you perceive they might.

Load of s****, one of the most financially sound clubs in the league. Reason he's in the soup is hanging on in windows to players who clearly want away then not replacing them with equal quality. That and buying in the wrong areas. He's a stubborn old fool, and he's not going to change any time soon. How do they service the payments for the stadium? By selling the stadium name. Somehow i doubt that generates enough.

Load of s****, one of the most financially sound clubs in the league. Reason he's in the soup is hanging on in windows to players who clearly want away then not replacing them with equal quality. That and buying in the wrong areas. He's a stubborn old fool, and he's not going to change any time soon. How do they service the payments for the stadium?

So they claim, but their is the suggestion that there is not. With his unwillingness to spend just being a front.

Look at his net expenditure. Do you not think he would have rather brought in someone else over arteta to replace fabregas? He is restricted by his board, and the need to make money...

Far too much is pinned on a manager. His squad is sub standard.

NUFCfans are advetising for a 'sales' vacancy.

What? £7m? 6 months left on his deal, they wanted 18 in the summer. They rejected 13.

Bolton ask for daft fees, gartside is no mug, just look at cahill. We need them to go down really.

Gives us more options in the middle, different to guthrie. Would love us to sign him, still think we are missing an attacking midfielder.

Think we have scouts all over the place all of the time. Wouldn't read too much into it.

Didn't Ben Arfa have a go about our style of football under Pardew? He said he liked the way Swansea played in the game they passed us off the pitch. I dunno what game you were at....

Pardew is the man aftrer all who dropped Mascherano for Hayden Mullins.

Tactically he is one dimensional. Good motivator and man manager though.

Raylor

I hate him. I hate his ability and i hate him as a character. I cant tell you why, never met the kid, probably a twat.

Despite west brom being one of the best in the league away from home

Another wolves fanatic eh?

Its misleading though... it gives the impression he has some insider knowledge, which he doesn't. He could have just linked the story.