The madness of todays football. I managed to find some inside information about Arsenals strange financial situation. They've cashed-in almost £90m and signed TWO players, Gervinho from Lille(£10m) and Alex Oxlade-Chamberlain(£10-15m). They've played three games so far and have managed to collect one single point. The Arsenal supporters have urged their manager Arsene Wenger to spend their supposed overfilled bank vault - with no response or action. Sit back Arsenal fans, here it comes. Arsenal, (through their investment department) have lost about £80m in the last few weeks, due to all the instability in the investment markets (stocks, shares, bonds etc). I kid you not. I can't tell you how I know this as I would be breaching a few rules, but basically, all the money they have recieved from transfers has been wiped out by the losses they have taken (mainly government bonds in Europe). As I see it, Wenger has not been given a transfer budget at all so far*, their debts and losses is as reported around £80m the recent weeks, I do not know if they've lost even more earlier this year. They have recieved money from transfers of a total amount on £90-100m(as some deals were undisclosed, I can't surely say the exact amount payed.) and they have payed back the £80m that they have lossed to he parts involved. Thats 80 percent of their supposed fortune, they have bought two players, Gervinho(£10m) and Alex Oxlade-Chamberlain(£10-15m) thats the final 20 percent of their incomes. Their owners haven't invested any money in this transfer window yet, which must be horrorfying for all Arsenal fans, but as said this is just a theory. The possible end-up for this season could be 5-10th IMO, as they have lost their key players who have assisted their last star Robin Van Persie the recent years. People say the best way to defend is by attacking and Arsenal have lost some of their most vital attacking force. They have also lost their best defender Gael Clichy to Manchester City, which makes Arsenal even more vulnerable than they already are. Arsenal clearly need investment, but Wengers hands seemed to be tied. When he was asked - Will you be bringing in new players? he replied with ''in England people think that the answer is to spend, but reality is, we are having 8 first team players out''. The pressure from media and fans is immense, Arsenal clearly need to spend to make the top four, and I find his answer very, very strange. *It's still a couple of days left of the transfer window. I believe that in the remaining 3 days of the transfer window, Arsenals owner will make further investment in the club, since they will become desperate over the recent results and their current position. Please note that theese notes(except the facts & information) is my personal thoughts and opinions. //W12HOOPS iReader http://unitedhoopsnews.blogspot.com/2011/08/madness-of-todays-football.html
Kroenke and Usimov are 2 of the richest men in the world and even if what you say is true they should be able to stump up enough cash to buy a few players or are they only interested in taking cash out of the club?
Hmmm - interesting one this. I read the blog, I've also read several other blogs, forums and websites which carry the same story. They all originate from the same source - an anonymous contributer. It reeks of Bullshit, but there is a chance it's true I suppose.
Does have some logic behind it 'cause no one I know can understand the lack of investment to strengthen the obvious weak areas i.e. Goalie, Defense, Midfield & Attack
And what was that we were always reading that Arsenal were the best-run club in the country? There's clearly something amiss at the Emirates, also, considering their position, some of their bids for players, Cahill as an example, have been ludicrous in today's market. We are in for Scott Dann apparently, so are Arsenal according to some reports, if we get him and Arsenal don't sign a centre back before the deadline it will tell you all you need to know about Arsenal's plight at present. QPR outspending Arsenal? Two weeks ago you'd have been carted off by men in white coats for even suggesting it!
Cahill, Mertesacker, Parker and a decent striker and the future would look a lot brighter for them.....
For Kroenke and Usmanov substitute Ecclestone and Mittal and you soon see that personal wealth is something these guys tend to hang on to with an iron grip...
While there is currently and understandable a backlash of opinions against Wenger and his reluctance to buy any established players, it must be remembered that his policies have not only produced the most attractive side in the country, but also steered Arsenal through the financial tricky times when building their fantastic new stadium. He is an intelligent man and he will know what he needs to do, it is just a case of whether his obvious stubbornness outweighs his intelligence.
This will be their last year of champions league football for some time. Take that away from the revenue and they're in a world of pain. Not good times at the emirates.
He's being 'hoisted by his own petard' after stating in the summer that to sell Fabregas and Nasri would show a lack of ambition. He also said they were going nowhere when the deals were virtually done. He's becoming a Nero-like figure as the Emirates burns...
good read, yes arsenal do badly need to strengthen, but you have gone a bit over the top by saying Clichy was their best defender - he wasnt by a long shot... Vermaelen is.
They have also lost their best defender Gael Clichy to Manchester City, which makes Arsenal even more vulnerable than they already are ......................................
Don't buy this, think it's way off the mark. Someone trying to be clever when in fact they are the opposite, and at the same time prey on an angry supporter base just to get a reaction. -To lose £80 mill in stocks, shares, bonds etc you need the companies/governments to go bancrupt to lose the whole investment -The markets are down somewhere between 20-25%, meaning that Arsenal would need to invest somewhere between £320-400 mill to make these losses. No way have Arsenal invested these sums at the same time as managing the payments on a new stadium. -And finaly, if, and that is a big IF, Arsenal have a separate investment department this won't affect the football department. Because they are excatly that, separate.
I am an investor, and I can tell you that to lose £80m of arsenals money basically wouldnt be possible. Even with the current downturn. Infact, the market has stablised since they got the cesc and nasri money. This story is complete BS. Also, OP says that they have mainly lost it in government bonds. AGain this is BS, as the equity market goes down (i.e. the ftse100) the bond market gets more desirable. Thus, if anyone invested in bonds (even european bonds) over the last few weeks then they would MAKE MONEY, not lose it. So, OP/whoever made up this story has no idea.
When the ftse100/other equity markets go down then the bond markets rise. All bond market investments are diversfied these portfolios have become more valuable as people take flight from equities (i.e. stocks/shares/ftse100). Trust me, I know about this.
Northolt didn't make up the post, he found it on the web and brought it to our attention. If you click on the link on his post you can pull up the original article.
