Wenger Brigade, what were you saying?

The accounts show that we have £120m in the bank. Since then hardly anything has changed on the financial front so I imagine we will have more now. Getting rid of the lacklustre players which we foolishly bought and kept will bring our bank balance to near on £200m. There can be only one reason we are keeping all this money untouched. Unless we have some impending payout which no one outside of the club knows about, it can only be to do with the presence of our quiet majority shareholder.

It surely has nothing to do with making us successful in the sport.

 

I know we are not going to win trophies up against the money the other few throw around - buying success.

However we are making bad mistakes every year under Wenger.
I expect us to address the problems in order to get better - all we do is get worse.

 

Robin

Bank balance is now £160m and reports of our half yearly profits are rumoured to be another £55m.

 

You're missing the point - we have a huge cash pile that we havent spent and pay amongst the highest wages in the league, and have previously won titles with far less revenues than the teams we beat. Get it, bud?

Here's a link to our accounts buddy boy if you want to do some research.

http://www.arsenal.com/assets/_file...1318409853_Arsenal_Holdings_plc_-_Annual_.pdf

 

jayram - wasting your breath.

 

It isn't as though we cannot invest for success but as you said, all we do is get worse. One only has to look at the result at the end of our season - each and every season. Come February our season ebbs away. Still, that's OK if one lowers one's standards and expectations and hold onto that ' Holy Grail ' called a sustainable model.

No one wants us to throw money around like City. That is just obscene, unnecessary and untenable but investing wisely wouldn't come amiss.

 

with respect bud -- none of us here really have the first clue as to the state of the arsenal finances ,

what we do know is since arsenal have been making making the crippling repayments for the new zilion pound stadium the money has dried up for wenger to compete with the big 3 -

bottom line is before the stadium he was winning major silverware
--------- since the stadium it has all dried up -

 

with equal respect bud, the finances are reported publically for all to see. Some of us do our research.

The payments have not and are not crippling - with the club turning a healthy profit every year despite the payments. Our increase in match day revenues from moving to the Emirates is about £35m as season and the repayments are £14m.

See bud - research - you should try it.

 

what am i looking at --- looks like a load of gobbley gook that nobody but an accountant can fathom out anyway -

as i said you are missing the screaming obvious ,

when arsenal are making the massive repayments on the new stadium how are they realistically supposed to buy a squad of worldclass superstars that the big 3 have done that would allow them to compete with the big 3 -

 

At least you admit you are intellectually challenged. We could all tell that from your posts, bud.

Now for your benefit, because I am nice, I will boil it down for you.

Since moving from Highbury, we have had about £20m a season more to spend on players net of any debt repayment. Got it so far bud.
Over the same period we have built up £160m of cash in the bank, which is about to go over £200m.

Simple bud.

Your argument is stupid, because you do not understand the finances as you have already admitted. (and yet are spouting off about finances )... savvy?

Good luck bud.

 

sorry bud like all the rest of us you dont have the first clue on the finances and how those finances actually work at arsenal ,

its not coincidence that before the stadium arsenal under wenger won major silverware and since the stadium the silverware has dried up -

 

As I said bud, the finances are there for all to see. Unless Arsenal's finances work differently to every other business in the world then the numbers are as clear as they can possibly be to everyone.

Before talking about finances, bud, do your research! Just because you are ignorant of the facts doesnt mean we all are.

I am glad you used the word coincidence in your appraisal of pre and post Emirates, because that's all it is - a coincidence. The finances have zero to do with our current situation (on the contrary we have had more money to spend since moving).

When you come onto the forum spouting off about finances in a condescending way and then later admit you dont even know how to read accounts, you come across as a complete fool.

My sincere advice bud is to educate yourself first, then argue your point. Dont rely on coincidences to back up your points... savvy?

 

now now ram jam no need for insults is there

we can all pluck figures out the air and come on here and pretend we know what we are talking about , the truth of it is none of us have the first clue about the financial structure at arsenal ,
-------- what we do know is before the stadium they won silverware and after the silverware they have won diddly

what we also know it is vitally important and has been documented many times that arsenal have to get in the top 4 every year for the financial rewards ,

hardly an indication that arsenal have money falling out of there ears - if they can match the big boys financially why is a top 4 finish such a financial concern for them every year -

you do the maths ------------- bud , its not rocket science

 

I would urge you to stop being ignorant and read the accounts - or get an intelligent person to walk you through them bud.

For background, the accounts are posted for public companies for a reason - so people can look at them to see how a company is doing. There are no figures plucked out of the air. All it takes is a little research. You have admitted you dont even understand the accounts. Believe me they are not rocket science. Its easy - give it a try, buddy boy.

According to Forbes in 2011 Arsenal were the 7th most valuable sports team in the world (all sports), and 3rd behind Utd and Real Madrid amongst football teams. In terms of revenue I believe we are 5th amongst football teams now.

I have tried to educate you bud, but you seem intent on making a fool of yourself.

 

where did the 14mil repayments each year come from? when we sold the flats we paid a huge chunk off our debt to leave something like 175mil left that was 2009-2010 and i heard the repayments would stay the same at 25mil per year

anyway this thread has become some sort of joke with to little boys typing away thinking they know best no one but the club directors know how much wenger has to spend each year. what they say to us and what they really have is two different figures. £160mil to spend on players you are so gullible

 

it gets better ---- you send me a microscopic link that nobody can read or understand anyway and then pretend you are an accountant that understands the full workings of arsenals financial structure ,

you are just an ordinary bloke in the street the same as i am -- why make up a fairytale how you understand the financial structure of a major football club
--- you dont have a clue - why make out you do ?

see you conveniantly sidetracked the well documented financial importance of us getting into the top 4 every year and the financial disaster of us not achieving it ,

hardly a sign that we have money falling out of our backsides -
--------------------- is it bud -

 

The argument is not about how much transfer money Wenger is allowed to spend, it is that the money is there. Thats a fact easily seen in the accounts. The club has chosen not to spend it - but the move has nothing to do with our decline.

The club even made lump sum payments on the debt - and still turned a bigger profit than when we were at Highbury.

As for the £14m, again it just takes reasearch. The financing payments reached a peak of around £20m in 2010 - much lower than our increase in revenues from moving to the stadium.

Anyone who argues that stadium finances are the reason for us not being able to spend simply does not know what they are talking about.

 

You cant read accounts bud - some of us can

Projecting your ignorance of a subject onto others just isnt going to cut it bud. Its not rocket science.

There is no financial disaster if we dont make the CL. We have plenty of cash reserves as I have already told you, and we could even still turn a profit without it.

You really really need to work hard to understand first, then try and debate.

As for money falling out of our backsiodes, well yes we do bud. £160m in cash and another huge profit projected for this year.

Research bud. It's your friend.

Overall I find it mildly funny that someone who doesnt understand finances, by their own admission, would be so vocal about debating the subject

p.s. the 'microscopic link' i posted is a pdf document of our latest annual accounts. Surely you are not too stupid to understand how to use a computer?

 

so now you are an accountant that understands the financial structure of a major football club , sounds like BS to me bud ,
---- you dont have the first clue how a football club or its finances work , spare me the fairytales that you do ----

very strange how the experts ( who have forgotten more than you will ever know ) document year in year out how financially dependent arsenal are from the revenue from the CL --

how can they be right as we have money falling out of ears according to the master accountant on a chat forum that understands the clubs finances -

------ your BS gets funnier every time i read it --