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£50m Profit

Discussion in 'Arsenal' started by Arsenal4life, Feb 27, 2012.

  1. PINKIE

    PINKIE Wurzel Gummidge

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    #21
  2. I hope this is true - it would finally bring an end to the approach we have taken which has damaged our club.

    Reinvesting profits in top quality PLUS develop youth. Both are needed to create the right balance.
     
    #22
  3. PINKIE

    PINKIE Wurzel Gummidge

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    Agreed <ok> I think we'd do it even better than Utd too.
     
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  4. Arsenal4life

    Arsenal4life Well-Known Member

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    Agreed. I was on the scouse board today and they said how they cut their wage bill offloading all their deadwood. I wish wenger would do the same. Alot of their players they just sold for nothing. I wish we had owners as smart and experienced as they have to be honest.......

    The real madrid approach was also in a scouse article. It involves paying your best players well and then bringing through youth to make up the squad. I dont see why mr wenger cant do this. He would be the best in the world at it. Hence why madrid probably approached him many times (apparently).

    I dont mind selling people. Thats the way it should be when they get too big for their boots and want big wages. But I do think that we should go the extra mile to keep rvp in the summer. Then maybe buy 1 or 2 more top earning ready made players. Clear out the deadwood wages and build a new team based around TOP players and exciting youth.
     
    #24
  5. PINKIE

    PINKIE Wurzel Gummidge

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    Makes good sense <ok> I'd also say that we should keep Walcott though, much to the contrary opinion of some, but he is a quality player imo.
     
    #25
  6. Arsenal4life

    Arsenal4life Well-Known Member

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    Well I dont think he is quality. I would keep him as a squad player/super sub though. For sure. But the problem with theo is that he is a giant ego now. Not only is this irritating on the pitch but it also means he will probably demand big wages....wages we shouldnt fall for and pay. Better to save big wages for elite performers like rvp and goetze
     
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  7. The Bonstar Wandit

    The Bonstar Wandit Well-Known Member

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    having the money is all well and good. cutting the deadwood is all well and good. the 3rd major issue is the structuring of the wages. at the moment, RvP is on around 80k, and Djourou is reportedly being paid around 50. that's ridiculous. there needs to be greater differences between top earners and squad / youth players with clearly defined goals of how to earn a new contract and move up the scale. you need players to want to break through and play well, to be motivated.
     
    #27
  8. Arsenal87

    Arsenal87 Well-Known Member

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    On the surface these results look good, but they aren't very comforting, because the majority of this profit is from player sales, if we didn't sell the players our profit would have been very very minimal, and this isn't a good sign as it tells us the way we are achieving major profits is by unforuntately selling key players, why on earth are we not turning over proper profit from our stadium which was the whole point of moving to the Emirates to allow us to boost our profit from a bigger stadium.
     
    #28
  9. suker_suker

    suker_suker Well-Known Member

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    On the issue of Walcott, I have to agree with George Graham - I would sell him. I just think if we had a skilled footballer who possessed guile, trickery AND pace instead of just pace and inconsistent skill then we would create far more chances. I think we would get a good price for him because of performances like the other day but we all know that he's too inconsistent to play regularly in such an important attacking position - so much of our play goes through that right wing.
     
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  10. Bergkamp a Dutch master

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    Unless we find real wingers - expecting the likes of Walcott and Arshavin to get down to the byline and cross to RVP was never going to work.
     
    #30

  11. lazarus20000

    lazarus20000 Well-Known Member

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    I would rather keep Walcott but what is Wenger trying to achieve with him? He simply is not a winger and in that spot we have Gervinho and OXO both being better. Walcott lacks the tools to be a proper winger, he is a center forward. Unless Wenger decides to play him through the middle, we will not get the best from Walcott thus reducing the quality of our squad on the pitch.
     
    #31
  12. Bergkamp a Dutch master

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    but if we try to play fast and direct with Walcott chasing after through balls and coming in from the right - he can be great again.

    Style of play has to change - take note Mr Wenger - some of us have been pointing the way for a couple of years.
     
    #32
  13. lazarus20000

    lazarus20000 Well-Known Member

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    Well thats the thing, thats why i think he should stay as a more direct route would be a plan b for us. We seem to have more faster players in our squad now with the like of Miyaichi, Campbell, OXO, Gervinho and of course Walcott. Maybe Wenger is moving to another style of play?
     
    #33
  14. Bergkamp a Dutch master

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    end of tippy-tappy experiment most welcome.

    If you want wing play - find wingers.

    Get SONG to stay in front of back 4 (or 3 if one's gone forward) and not charge off out of position.
    Ensure someone in back4 takes responsibility for keeping a line, even if it only 3- all over the place will NOT do.
     
    #34
  15. Gunner McGunner

    Gunner McGunner Active Member

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    Does this mean if I'm ****e at my job I'll be offered a new contract and a massive payrise.
    In the real world where I work I'd be told to **** off and get on my bike.

    He should be one of the first to go and the money we save should be given to RVP.
     
    #35
  16. PowerSpurs

    PowerSpurs Well-Known Member

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    Arsenal is still a well run club, living within its means - you should be glad of that.

    Bear in mind that profit on sales goes into the accounts immediately while spend on new players gets amortised over their contracts. So a player trading profit doesn't mean you didn't spend all the cash you raised from Fabregas and Nasri.
     
    #36
  17. Bergkamp a Dutch master

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    But that way can mean disaster. If you keep amortising young players over say 6 years and not say 3 - then you are carrying the annual costs for a long time. The player may be in the reserves or on the bench for ever. The list of player amortisation would be really interesting to see.

    What IS the Arsenal policy on it?
     
    #37
  18. PowerSpurs

    PowerSpurs Well-Known Member

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    To be fair I just assumed you did it the way Spurs did. So if you sign someone for £6m on a six year deal it gets charged at £1m per year to the p/l account. If you sell that player for £10m after 3 years his value on the books will be £3m so you will get a £7m profit.

    Fabregas would have had no value in the books and Nasri about £5m I think on this policy. So if the combined fee was £60m (I don't know the exact numbers) that gives £55m profit. If you spent the £60m on players with five year contracts then that would only book £12m to p/l so your player trading profit would be £55m - £12m = £43m.
     
    #38
  19. ToledoTrumpton

    ToledoTrumpton Well-Known Member

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    I take this kind of thing with a grain of salt. We have a lot of young players and they are gooing to be inconsistant. Parker seems to be everyone's love child, but he was absolute dross on Sunday. Everybody is going to make excuses for him but if an Arsenal player had a game like that they would be hung drawn and quartered on the internet. And Parker is experienced, he just shouldn't play that badly.

    Djourou has played well in the past. First half of last year he was excellent. This year, he has played right back, and he is totally unsuited to that role.

    Yes we have 3 good CBs in front of him now. So by that token, he may be sold, but I would rate him as absolutely the best 4th choice CB in the league. He is also home grown and young, so he is willing to wait for his chance. If you are a top 4 club, 50K/week is what you have to pay these guys.

    We made a profit of 50M, which means there is 50M to spend. That is one player in today's market. You can't be getting rid of these young players and expect to replace them with anyone substantially different.
     
    #39
  20. Bergkamp a Dutch master

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    I'm not so sure about that. It is probably a wise policy though.
    OK we sign Blogs on a 3 year deal at £15m. Amortised at £5m per year. End of 3 year - now zero cost.
    New contract signed with no amortisation?
     
    #40

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