PISKIE does this all the time, Bobby, so we're used to it (although it never ceases to amaze the depths of desperation that he is prepared to sink). PISKIE has been "owned" more times on this site than would George Michael's arse in a Thai brothel.
True but normally in his mind it's all opinion even if public opinion doesn't agree with him. Right now we have cold hard 100% facts and i was going to see if he would even attempt to worm out of it.... I'm glad even Piskie could see this battle was definitely a loser
What they "earn" yeah? Plastering the word "Emirates" on the side of your stadium to get 100's of millions of pounds is "earning" your money No mate, what you have a problem with is that Chelsea are better than Arsenal, so will look for any way to belittle that, no matter how pathetic.
Our commercial revenue forms part of our earnings as it does for any club. It's not that hard a concept to grasp
It's the same with the Spurs, Bodi. PISKIE senses that the Power-Shift is on, so he'll do anything he can to belittle us, even going to the point of manufacturing "facts." I'd laugh, if I could only stop crying for the pity of it!
Not disputing that. But the only money that football clubs "earn" is prize money from their league placing or from winning trophies. Floating themselves on the stock market, ridiculous sponsorship deals, outside investors, and other ****e doesn't constitute "earning" money in my book. No football club "earns" a fraction of what they actually turnover. that's just business. Sponsorships, investments.....meh
Fair point, but that's the modern game. If clubs could only spend what they'd earned from prize money then there would be very little money available to spend and clubs like Spurs would be skint
Indeed. So the only difference between the money we got from Roman, for nothing, and the money you get from the UAE, is that, to "earn" yours, you had to write the word "Emirates" on a wall. So unfair! So much blood and sweat went into earning that money
The whole concept of what us older guys think of as earnings, or revenue, has changed dramatically in the last 10-15 years. The Premier League is now a global product. There are so many additional revenue streams that were not a factor so many years ago. You can start with the money from the sale of global TV rights, global sales of replica shirts, etc, in the Far East especially. Sponsorship deals -incestuous, or not, etc. The earnings, as us older guys understood it, are virtually irrelevant nowadays. I would guess that in terms of global revenues, that match day tickets, etc, is now a very insignificant portion of the total.
It would be interesting to see some figures regarding gate reciepts as a percentage of clubs' turnover.
Indeed, I suspect that all of the top clubs could survive comfortably without having to sell any season tickets (except Arsenal, who seem to be the only club in the world that is raping the absolute arse out of ticket-sales). However, these clubs do, of course, rely on the loyalty of their global fan-base, so the clubs cannot be seen to be taking the piss out of the hard-core who regularly attend matches, since it would damage PR.
Plus, of course, the match day atmosphere would be somewhat lacking, both for the players, and for the viewers as a TV spectacle.
In retrospect, insignificant is probably the wrong word. It's a good steady income stream for most Prem clubs. However, I would guess that nowadays it comes down the list behind TV, sponsorship, global replica kit sales, etc. If the game ever really took off in North America!, The amount of money in the game would be stratospheric!
Whilst I respect Arsenal's ability to turn decent profit without a 'sugar daddy' and remain competitive, lets not forget this was largely achieved by year on year selling their best players (until recently), fleecing their fans with the highest ticket prices in England (if not Europe) and selling their stadium naming rights to the arabs. As an accountant for Arsenal I'd be well pleased, As a fan, I'd find it hard to take the moral high ground when all this was happening at a time when on pitch success was also dwindling compared to the preceding years. Perhaps it's that dwindling success that has caused the Gooners to reach for this moral high ground when it comes to their ability to play in triangles and champion the club's accounts. I'm sure finances or playing styles would be shoved down our throats much less if they were winning the league every year.
To be fair, we didn't have many other options than to sell our best players. Without being bankrolled by a sugar daddy, we had to make ends meet somehow and pay for a new stadium. Yes our Cat A games are expensive but we also offer one of the cheapest tickets in the premier league and our season tickets offer 26 games (to include cup games) as opposed to most clubs who only offer 19 league games. Also we weren't the first club to sell naming rights to our stadium. If anything we probably undersold those naming rights in the first instance.
