I have actually taken the time to read all of that. Your last point about Arsenal's squad retention being linked to our stadium repayments is true, but demonstrates how many great squads Arsenal have developed. Thankfully now, we aren't constrained by any of that and we can attract some of the best players.
Anyway I hope you're all raising a glass to Alf Garnett ahead of tomorrow please log in to view this image
You're right I'd forgotten about that problem. It now makes total sense why despite me writing the same answer in four different ways, brb is still asking the same question. He hasn't read past the first sentence.
The likelihood of your stadium repayments ever being in serious jeopardy was always very small. Being in London helps enormously (whereas Bolton found out that being a suburb of Manchester doesn't), your global profile was huge after the successes of the early Wenger era, and the stadium opened just as social media and broadband internet started to become ubiquitous, which allowed your global reach and fan base to sky rocket. But there were still visible strains, which led to the need to sell big names and also led to the obsession with top 4, so much so that I think it was Wenger himself who was the first person to compare it to winning a trophy. But you were never in any serious risks because you built it from a position of tremendous strength, as have Spurs. Everton is another story entirely and the signs are very worrying indeed. The fact that construction is well underway but they still haven't actually secured the full amount in costs and are scrambling around cap in hand for upwards of £150m is sheer recklessness. They went into the build off the back of sustained annual losses and poor league finishes and are therefore building it from a position of extreme weakness. I've seen plenty of analysis that suggests if they get relegated before the stadium is open long enough to at the very least outpace their annual losses, they will be stuck up the proverbial without a canoo, let alone a paddle. Which is why they are going to have to sell more key players this summer and rely on loans and freebies to keep them in the PL again next year. They are playing the most dangerous game in modern football and it is the fans who will ultimately suffer if it goes Pete Tong.
You're a Spurs fan. You don't need to. All you need to know is: Despite the fact that Daniel Levy has the footballing knowledge of a soft boiled egg, the man is a financial genius.
Most important thing in modern football ... spreadsheets are the new trophies ... what tab are the cheeseroom dimensions on? ...
Spreadsheets aren't the new trophies. But they are helpful to avoid points deductions. Maybe suggest the use of spreadsheets to your owners. Or even a simple calculator. They can't seem to grasp the fact that 116% is more than what exists in reality.
@Citizen Kane....yeah, Wenger held it together during the whole planning and execution of the move from Highbury. with all of the costs to the squad that came with it
You'll read it. In it's entirety. Because it's a Spurs fan talking about Arsenal. Even from beyond the grave, HIAG has you firmly by the bollocks.