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Arsene Wenger


Parky

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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...

 

Load of shite, 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.

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Guest neesy111

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...

 

Not according to Arsenal fans i know, money was there but he just refused to spend it.

 

Arsenal accounts show over 100M in cash, which the board have said is there for transfers.  Wenger has only himself to blame for this, not just his transfer policy but his insistence of him only coaching the team as he doesn't trust anyone else etc.

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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...

 

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?

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i can sympathise with the arteta purchase as he didnt have a lot of time and it was short-term to plug a gap. however he knew fabregas was going to leave eventually so why didnt he have proper replacements lined up rather than a panic signing? £30m+ they got for him alone, you'd think he would splash out on a comparable player.

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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...

 

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. Got a fortune for selling the land high bury was on as well. London n all that.

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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...

 

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.

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Guest neesy111

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...

 

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.

 

+ Conversion of Highbury into apartments.

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Guest bimpy474

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...

 

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?

 

And charging the most ridiculous prices for matches.

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Guest neesy111

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...

 

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.

 

They make 3M on a matchday, it is the highest in football.

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Sacking him would be daft after all he's done for them. They probably do need to move on though, so they should be asking Wenger to find them his replacement this summer. Dunno if he'd be up for that mind, but it's still what I believe we should have done with SBR.

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Guest neesy111

Sacking him would be daft after all he's done for them. They probably do need to move on though, so they should be asking Wenger to find them his replacement this summer. Dunno if he'd be up for that mind, but it's still what I believe we should have done with SBR.

 

They sacked George Graham who was equally as successful.

 

Also the past means little when your team is as crap as Arsenal's is today.

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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...

 

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]

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Guest bimpy474

Sacking him would be daft after all he's done for them. They probably do need to move on though, so they should be asking Wenger to find them his replacement this summer. Dunno if he'd be up for that mind, but it's still what I believe we should have done with SBR.

 

They sacked George Graham who was equally as successful.

 

Thought he went for dodgy payments ?

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Sacking him would be daft after all he's done for them. They probably do need to move on though, so they should be asking Wenger to find them his replacement this summer. Dunno if he'd be up for that mind, but it's still what I believe we should have done with SBR.

 

Think he might be too stuborn for that but agreed, the right thing to do is wait till the summer and do what NUFC didn't when the club got rid of Bobby.

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Guest neesy111

Sacking him would be daft after all he's done for them. They probably do need to move on though, so they should be asking Wenger to find them his replacement this summer. Dunno if he'd be up for that mind, but it's still what I believe we should have done with SBR.

 

They sacked George Graham who was equally as successful.

 

Thought he went for dodgy payments ?

 

He was, but they were also are a downward spiral as well which would have played some part.

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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...

 

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.  :lol:

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Guest neesy111

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.

 

Give up, just looking foolish now.  :lol:

 

This.

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