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From Arsenal's website:

 

David Dein leaves Arsenal Football Club

 

Arsenal today announces that vice-chairman, David Dein has left Arsenal Football Club and ceases to be a director of the Club with immediate effect.

 

Arsenal Chairman Peter Hill-Wood said: “On behalf of the Board I would like to express our gratitude to David Dein for the many years of loyal service he has given to the Club.  We sincerely regret that irreconcilable differences between Mr. Dein and the rest of the board have necessitated a parting of the ways.”

 

In light of recent speculation with regards to the ownership of the Club, the remaining Board members, who together own 45.45% of the issued share capital of the Company, would like to reassure the supporters, shareholders and employees of Arsenal Football Club that they remain long-term holders of their interests in the Club.  To this effect, they have entered into an agreement not to dispose of their shares for at least one year and have confirmed that they intend to retain their interests on the expiration of this period.

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big changes afoot at the emirates then. dein's probably the driving force behind arsenal's success over the last decade so him leaving/the club being taken over is not neccessarily a good thing for arsenal,.

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Guest Arsenal Ref

It definitely came as a shock to me!

 

It would seem that the major difference between Dein and the board is that Dein wants the club to be a Man Utd, Chelski and Liverpool, and be taken over by foreigners, with massive investment, while the board - which is made up of several people with long standing family ties to the club - want to retain the heritage of the club, which is quite admirable in the current climate.

 

Dein's power at the club has also gradually been eroded, and this was highlighted with the Cashley Cole situation, where he agreed a deal with Cole, put it to the board, only to have it rejected, which would never have happened several years ago.

 

Dein was a major player at the club. There can't be many other people at clubs that are as passionate about the club they work for as David Dein. He was the public face of the club, and although his title was vice-chairman, to all intents and purposes, he was the chairman. He was also one of the clubs' main financiers, along with Danny Fiszman, so that may have some effect.

 

So as for the future, well it's too early to judge. Everyone knows Dein and Arsene were good friends, however, Arsene has, and always will have, the full support of the board, so that's not a worry. The main question is what Dein does with his shares. He holds around 14%, so if he were to sell them to Kroenke, that'd give him a 25% stake, which would then be a worry. However, that probably won't be played out for some time yet.

 

At the end of the day, Dein will be badly missed. He's a massive Arsenal supporter, who has been behind much of what has made the club the powerhouse it is today, and of course, he's the one who found Arsene. Without that, we wouldn't be where we are today, because no other manager would have been able to do what he's done on the minimal budget he's had. So for that, the club will always owe Dein a lot. But it's certainly not a disaster. It's a shock, that's for certain, but at the end of the day, the club will move on, and get over it.  8)

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It definitely came as a shock to me!

 

It would seem that the major difference between Dein and the board is that Dein wants the club to be a Man Utd, Chelski and Liverpool, and be taken over by foreigners, with massive investment, while the board - which is made up of several people with long standing family ties to the club - want to retain the heritage of the club, which is quite admirable in the current climate.

 

And what does that "heritage" involve? You've moved out of Highbury and you rarely field a single Englishman.

 

And if you don't go the way of Liverpool, Man U etc you'll be stuck if you ever lose Wenger and can't find another manager so good at raising the game of relatively cheap young players.

 

And who was it that found Wenger? Oh yeah, David Dein.

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It definitely came as a shock to me!

 

It would seem that the major difference between Dein and the board is that Dein wants the club to be a Man Utd, Chelski and Liverpool, and be taken over by foreigners, with massive investment, while the board - which is made up of several people with long standing family ties to the club - want to retain the heritage of the club, which is quite admirable in the current climate.

 

And what does that "heritage" involve? You've moved out of Highbury and you rarely field a single Englishman.

 

And if you don't go the way of Liverpool, Man U etc you'll be stuck if you ever lose Wenger and can't find another manager so good at raising the game of relatively cheap young players.

 

And who was it that found Wenger? Oh yeah, David Dein.

 

Nail on head, there, regarding heritage.

 

Our evil new foreign owners have shown far more respect and appreciation for our heritage than the very English Doug Ellis ever did.

 

They're clearly taking the (no doubt soon to become vaguely xenophobic) "falling into foreign hands is bad" defence whilst failing to notice the absolutely ludicrous evidence on the pitch that this counts not a jot.

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Guest Arsenal Ref

It definitely came as a shock to me!

 

It would seem that the major difference between Dein and the board is that Dein wants the club to be a Man Utd, Chelski and Liverpool, and be taken over by foreigners, with massive investment, while the board - which is made up of several people with long standing family ties to the club - want to retain the heritage of the club, which is quite admirable in the current climate.

 

And what does that "heritage" involve? You've moved out of Highbury and you rarely field a single Englishman.

 

And if you don't go the way of Liverpool, Man U etc you'll be stuck if you ever lose Wenger and can't find another manager so good at raising the game of relatively cheap young players.

 

And who was it that found Wenger? Oh yeah, David Dein.

 

The heritage in that they've been shareholders for donkeys years, and/or the club has been in the family for decades. Nothing to do with what goes on, on the pitch.

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It definitely came as a shock to me!

 

It would seem that the major difference between Dein and the board is that Dein wants the club to be a Man Utd, Chelski and Liverpool, and be taken over by foreigners, with massive investment, while the board - which is made up of several people with long standing family ties to the club - want to retain the heritage of the club, which is quite admirable in the current climate.

 

Dein's power at the club has also gradually been eroded, and this was highlighted with the Cashley Cole situation, where he agreed a deal with Cole, put it to the board, only to have it rejected, which would never have happened several years ago.

 

Dein was a major player at the club. There can't be many other people at clubs that are as passionate about the club they work for as David Dein. He was the public face of the club, and although his title was vice-chairman, to all intents and purposes, he was the chairman. He was also one of the clubs' main financiers, along with Danny Fiszman, so that may have some effect.

 

So as for the future, well it's too early to judge. Everyone knows Dein and Arsene were good friends, however, Arsene has, and always will have, the full support of the board, so that's not a worry. The main question is what Dein does with his shares. He holds around 14%, so if he were to sell them to Kroenke, that'd give him a 25% stake, which would then be a worry. However, that probably won't be played out for some time yet.

 

At the end of the day, Dein will be badly missed. He's a massive Arsenal supporter, who has been behind much of what has made the club the powerhouse it is today, and of course, he's the one who found Arsene. Without that, we wouldn't be where we are today, because no other manager would have been able to do what he's done on the minimal budget he's had. So for that, the club will always owe Dein a lot. But it's certainly not a disaster. It's a shock, that's for certain, but at the end of the day, the club will move on, and get over it.  8)

 

I admire your optimism but I can't imagine a worse scenario for Arsenal than Dein leaving.  He was the driving force behind Arsenal progressing to the level they are now, he knows that in the long term the Emirates will be the catalyst for future progress but at the moment it is the cause for £260m debt with interest payments of £15m pa.  It's that debt and interest which is shackling the ongoing progress in the club and then on the horizon came Kroenke.  He is the person who could reactivate the progress by injecting transfer funds without worrying about how the interest payments will be made.  Dein recognised that and wanted the buyout to go ahead.  But the Fiszmans and Carrs, not forgetting the good Lady Bracewell-whatsit have buried their heads in the sand, the latter two because they still cling to the prestige of owning Arsenal while Fiszman thinks he will get more for his retirement in Switzerland by selling later, not sooner. 

 

The simple fact is that Arsenal was more or less run by two people, Dein and Fiszman who hadn't spoken to each other for years, Dein running the football side and Fiszman the rest.  The footballing brain has now gone,the man who kept things going in Arsenal's favour in the PL, FA and Uefa, Wenger is already the number 1 target for the FA when McLaren gets the old heave ho, and the club will probably be sold to Kroenke when the club is running into disrepair.  I can't see, in your words, "  the club will move on, and get over it. " without the intervention of Kroenke's dollars.

 

Signing Wenger was the best decision Arsenal ever made.  Getting rid of Dein is undoubtedly the worst.

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It definitely came as a shock to me!

 

It would seem that the major difference between Dein and the board is that Dein wants the club to be a Man Utd, Chelski and Liverpool, and be taken over by foreigners, with massive investment, while the board - which is made up of several people with long standing family ties to the club - want to retain the heritage of the club, which is quite admirable in the current climate.

 

Dein's power at the club has also gradually been eroded, and this was highlighted with the Cashley Cole situation, where he agreed a deal with Cole, put it to the board, only to have it rejected, which would never have happened several years ago.

 

Dein was a major player at the club. There can't be many other people at clubs that are as passionate about the club they work for as David Dein. He was the public face of the club, and although his title was vice-chairman, to all intents and purposes, he was the chairman. He was also one of the clubs' main financiers, along with Danny Fiszman, so that may have some effect.

 

So as for the future, well it's too early to judge. Everyone knows Dein and Arsene were good friends, however, Arsene has, and always will have, the full support of the board, so that's not a worry. The main question is what Dein does with his shares. He holds around 14%, so if he were to sell them to Kroenke, that'd give him a 25% stake, which would then be a worry. However, that probably won't be played out for some time yet.

 

At the end of the day, Dein will be badly missed. He's a massive Arsenal supporter, who has been behind much of what has made the club the powerhouse it is today, and of course, he's the one who found Arsene. Without that, we wouldn't be where we are today, because no other manager would have been able to do what he's done on the minimal budget he's had. So for that, the club will always owe Dein a lot. But it's certainly not a disaster. It's a shock, that's for certain, but at the end of the day, the club will move on, and get over it.  8)

 

I admire your optimism but I can't imagine a worse scenario for Arsenal than Dein leaving.  He was the driving force behind Arsenal progressing to the level they are now, he knows that in the long term the Emirates will be the catalyst for future progress but at the moment it is the cause for £260m debt with interest payments of £15m pa.  It's that debt and interest which is shackling the ongoing progress in the club and then on the horizon came Kroenke.  He is the person who could reactivate the progress by injecting transfer funds without worrying about how the interest payments will be made.  Dein recognised that and wanted the buyout to go ahead.  But the Fiszmans and Carrs, not forgetting the good Lady Bracewell-whatsit have buried their heads in the sand, the latter two because they still cling to the prestige of owning Arsenal while Fiszman thinks he will get more for his retirement in Switzerland by selling later, not sooner. 

 

The simple fact is that Arsenal was more or less run by two people, Dein and Fiszman who hadn't spoken to each other for years, Dein running the football side and Fiszman the rest.  The footballing brain has now gone,the man who kept things going in Arsenal's favour in the PL, FA and Uefa, Wenger is already the number 1 target for the FA when McLaren gets the old heave ho, and the club will probably be sold to Kroenke when the club is running into disrepair.  I can't see, in your words, "  the club will move on, and get over it. " without the intervention of Kroenke's dollars.

 

Signing Wenger was the best decision Arsenal ever made.  Getting rid of Dein is undoubtedly the worst.

 

But unless Wenger goes, will there be any difference on the pitch? Theyll continue to qualify for the CL, their youngsters will continue to improve into world class players, theyll continue to snap up the next batch of ridiculously talented youngsters, and so on.

 

As long as Wenger and his scouting network remain at Arsenal for the next half decade or so, theyre secure. They can already afford to release players like Henry and Gilberto if they really want to because they have decent enough replacements already playing for the B side or rotated in the first team.

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It definitely came as a shock to me!

 

It would seem that the major difference between Dein and the board is that Dein wants the club to be a Man Utd, Chelski and Liverpool, and be taken over by foreigners, with massive investment, while the board - which is made up of several people with long standing family ties to the club - want to retain the heritage of the club, which is quite admirable in the current climate.

 

Dein's power at the club has also gradually been eroded, and this was highlighted with the Cashley Cole situation, where he agreed a deal with Cole, put it to the board, only to have it rejected, which would never have happened several years ago.

 

Dein was a major player at the club. There can't be many other people at clubs that are as passionate about the club they work for as David Dein. He was the public face of the club, and although his title was vice-chairman, to all intents and purposes, he was the chairman. He was also one of the clubs' main financiers, along with Danny Fiszman, so that may have some effect.

 

So as for the future, well it's too early to judge. Everyone knows Dein and Arsene were good friends, however, Arsene has, and always will have, the full support of the board, so that's not a worry. The main question is what Dein does with his shares. He holds around 14%, so if he were to sell them to Kroenke, that'd give him a 25% stake, which would then be a worry. However, that probably won't be played out for some time yet.

 

At the end of the day, Dein will be badly missed. He's a massive Arsenal supporter, who has been behind much of what has made the club the powerhouse it is today, and of course, he's the one who found Arsene. Without that, we wouldn't be where we are today, because no other manager would have been able to do what he's done on the minimal budget he's had. So for that, the club will always owe Dein a lot. But it's certainly not a disaster. It's a shock, that's for certain, but at the end of the day, the club will move on, and get over it.  8)

 

I admire your optimism but I can't imagine a worse scenario for Arsenal than Dein leaving.  He was the driving force behind Arsenal progressing to the level they are now, he knows that in the long term the Emirates will be the catalyst for future progress but at the moment it is the cause for £260m debt with interest payments of £15m pa.  It's that debt and interest which is shackling the ongoing progress in the club and then on the horizon came Kroenke.  He is the person who could reactivate the progress by injecting transfer funds without worrying about how the interest payments will be made.  Dein recognised that and wanted the buyout to go ahead.  But the Fiszmans and Carrs, not forgetting the good Lady Bracewell-whatsit have buried their heads in the sand, the latter two because they still cling to the prestige of owning Arsenal while Fiszman thinks he will get more for his retirement in Switzerland by selling later, not sooner. 

 

The simple fact is that Arsenal was more or less run by two people, Dein and Fiszman who hadn't spoken to each other for years, Dein running the football side and Fiszman the rest.  The footballing brain has now gone,the man who kept things going in Arsenal's favour in the PL, FA and Uefa, Wenger is already the number 1 target for the FA when McLaren gets the old heave ho, and the club will probably be sold to Kroenke when the club is running into disrepair.  I can't see, in your words, "   the club will move on, and get over it. " without the intervention of Kroenke's dollars.

 

Signing Wenger was the best decision Arsenal ever made.  Getting rid of Dein is undoubtedly the worst.

 

But unless Wenger goes, will there be any difference on the pitch? Theyll continue to qualify for the CL, their youngsters will continue to improve into world class players, theyll continue to snap up the next batch of ridiculously talented youngsters, and so on.

 

As long as Wenger and his scouting network remain at Arsenal for the next half decade or so, theyre secure. They can already afford to release players like Henry and Gilberto if they really want to because they have decent enough replacements already playing for the B side or rotated in the first team.

 

When Real were chasing Wenger 2 years ago, it was reputedly a personal plea from Dein not to go that kept Wenger in N London.  Wenger only has contact with Dein on footballing matters, no-one else.  His contact with Fiszman was only relating to the Emirates.  Wenger has never broken a contract in his life but has only one more year to run on his contract.  It will give a good insight to the future whether he starts talking about a new contract.

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Guest TheOrder

It definitely came as a shock to me!

 

It would seem that the major difference between Dein and the board is that Dein wants the club to be a Man Utd, Chelski and Liverpool, and be taken over by foreigners, with massive investment, while the board - which is made up of several people with long standing family ties to the club - want to retain the heritage of the club, which is quite admirable in the current climate.

 

And what does that "heritage" involve? You've moved out of Highbury and you rarely field a single Englishman.

 

And if you don't go the way of Liverpool, Man U etc you'll be stuck if you ever lose Wenger and can't find another manager so good at raising the game of relatively cheap young players.

 

And who was it that found Wenger? Oh yeah, David Dein.

 

The heritage in that they've been shareholders for donkeys years, and/or the club has been in the family for decades. Nothing to do with what goes on, on the pitch.

 

Is this ProfGunner from BFF?

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