Arsenal Fan BOYCOTT is Major PR Success | Wenger affected in prezzer

by & filed under News Review.

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‘Oh come on you big misery guts… be pleased?’

‘No’

‘Be pleased, we beat Sunderland and Mesut broke the record for chances created. Hipsters are spaffing their pants the land over.’

‘No’

‘Come on, you landed a win, and the stadium boycotted’

‘Ok, I’m pleased’

My life right now guys and gals. The supporters turned their backs in droves yesterday and I have to thank The Arsenal Opinion podcast for the idea + Mark Halfpenny and the #NoNewContractCrew for executing the ‘DO NOTHING PROTEST’ on the ground.

This was Wenger before the game:

“My message is always the same, it is to support the team,”

“I think we are always sold out so I don’t know where you get that impression.”

Then, after the game, with a whole stadium sold out because, you know, season tickets don’t give you a choice… Wenger still had a response up his sleeve, because heaven forbid he own up to why people are throwing money into the puddle of mediocrity.

“No it’s Tuesday night against Sunderland, everybody expects us to win. I didn’t count the number of people who were in the seats. We are sold out,”

Arsene, please… it was embarrassingly empty.

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Apathy. Boredom. Disdain.

Fans spoke yesterday.

Will they be back for the last game? Absolutely. It’s tradition to be there.

Will they be there for the cup final? Absolutely. It’s a must.

Arsenal fans made a statement at a worthless game, and it was loud and clear. But let’s be clear, missing a game you can attend is an unacceptable statement under any other normal circumstance. Remember, we always want to go to games, especially when it starts getting warm (come on, don’t pretend Peroni’s in the sun isn’t a massive pull in May).

To all those fans huffing that this wasn’t a real protest, read around my friends. This approach was far more effective than any march or parade. Why? Because it was highly visual, it was on display for 90 minutes, and it was peaceful and respectful.

Don’t believe it was a success? ask yourself these questions:

How many journo’s are slagging the boycott? (zero)

How many are writing about it? (all of them)

How many are saying, ‘it would have been better if the fans were more militant… I was hoping for a burning effigy or two’ (none)

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There’s no classier way to communicate that the fans are finished with the manager. No vitriol. No nastiness. Just a big fat statement that said:

‘I’ll throw £40 into the wind if it means the club will fire Wenger’

Beautiful.

Is it mission accomplished? No.

Will this give Ivan and the board leverage against Wenger? Absolutely.

Well done Gooners. Brilliant work. We made a super classy statement by doing NOTHING.

Anyway, listen to our podcast. It’s bloody great, AND we used your voicemails (THEY WERE AMAZING).

itunes | Android | Pocket Cast | Soundcloud

378 Responses to “Arsenal Fan BOYCOTT is Major PR Success | Wenger affected in prezzer”

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  1. S.Asoa

    Kroenke along with his carrot walrus moustache reportedly attending Wembley match.
    Some protest strategy to be put in place.
    If consensus is not on the ground, how about gather outside With Banners and move in at 2 minutes later in a procession, wearing black bands
    -NO 2nd CONTRACT

  2. TR7

    My 2 cents on the argument put forth by people that it makes no sense for Stan to hoard cash :

    Of course, money/cash in the bank boosts valuation of a firm for at worst cash will earn a zero rate of interest. It makes you both solvent and liquid which have their own premium when it comes to a firm’s valuation. On the other hand if you invest the cash in players who are risky investments – they could bomb or they could lift the club to another level- it becomes a very risky investment. Besides, in an era of overpriced players, the risk of investing big in players becomes even more severe.

    More over, as a firm a depreciation/amortization cost goes in to the P&L every year over the length of a contract for every player bought which reduces overall profits and as a result share prices. And if you deplete your cash resources continuously and then hoard debt like United do, the only way you can move ahead as a business is by ensuring you are using your debt to earn more than 1 pound for every pound served as interest on debt. That’s why United are getting bigger and bigger every single year despite piling up debts. We must generate more revenue streams to be able to go mega in transfer markets.

    If I were a risk averse investor, I wouldn’t be tempted by “speculate to accumulate” theory if my investment was in the business of football. Technology sector ? Yes !! Energy sector ? Yes !! Football ? hell NO !! There is very little bang for the bucks in football and even less so in EPL. City and United spent a fortune this summer and yet they are not any closer to winning the league than they were 12 months ago.

    My limited point is as a fan we of course would want our club owner to pump in a lot of money and bring in on-field success but for a risk-averse non-footballing businessman, it makes no to little sense to go mega in football.

  3. jasongms

    CC
    “We bought Lucas for 17mil (identified a need), you’re suggesting we didn’t buy Lacazette (a player we coveted) because Wenger would prefer to buy an inferior player…. it’s just nonsensical.”

    We bought Lucas for 17m, pay him 70g’s a week and yet play a rookie and a couple of egg tarts in front of him…
    ____________

    You say all the right things, you just can’t or won’t bring yourself to admit the obvious, the common denominator in the entirety of your arguments is Arsene. Just let it go bud… :)

  4. alexanderhenry

    TR7

    Good post

    ‘My limited point is as a fan we of course would want our club owner to pump in a lot of money and bring in on-field success but for a risk-averse non-footballing businessman, it makes no to little sense to go mega in football.’

    The thing is, there have been seasons over the past ten years when even a modest investment from Kroenke would have been enough to make us genuine contenders.
    Evidently, the man does not like to speculate or take any risk at all . As a result, we’ve always been a couple of players short.

    Now, because more teams have more money and have been spending it we’re probably five or six players short at least.

    It’s going to very difficult to get back in to the top four next season.

  5. Marko

    Just reminding people of your opinions and how they differ from others Charlie. I mean if you don’t stand by them anymore or I’ve misrepresented them

  6. Marko

    We bought Lucas for 17mil (identified a need), you’re suggesting we didn’t buy Lacazette (a player we coveted) because Wenger would prefer to buy an inferior player…. it’s just nonsensical.

    Even more nonsensical is buying a player because of public pressure and barely using him

  7. Wallace

    TR7

    nice post.

    always refreshing when someone weighing in on the financial stuff gives the impression he has some idea of what he’s talking about.

  8. Marko

    Evidently, the man does not like to speculate or take any risk at all . As a result, we’ve always been a couple of players short.

    That’s on Arsene you horrible twat. You’re unbelievably thick if you think Stan Kroenke knows enough about “soccer” to know what player is deemed a risk or not or whether the squad is good enough or whether or not this player deserves a new contract or not. You just cannot bring yourself to blame that rotten part of the club on Wenger. It’s fucking sad.

  9. Rambo Ramsey

    Marko, if Alexander is a Wenger apologist then you are a Kroenke apologist. Tell me, why do you get your cotton panties in a twist anytime someone mentions what a Cunt of an owner we have.

  10. alexanderhenry

    Marko

    ..and you cannot bring yourself to admit that arsenal’s owner might just have something to do with the club’s demise recently.

    These people do:

    http://www.telegraph.co.uk/sport/football/teams/arsenal/9744825/Arsenal-shareholder-Stan-Kroenke-has-no-passion-for-club-says-former-director-Lady-Bracewell-Smith.html

    http://www.telegraph.co.uk/football/2017/04/10/stan-kroenke-not-arsene-wenger-should-blamed-arsenal-struggles/

    http://www.standard.co.uk/sport/football/carlo-ancelotti-slams-arsenal-majority-shareholder-stan-kroenke-and-glazer-family-for-prioritising-a3258041.html

    http://metro.co.uk/2016/03/19/arsenal-legend-ian-wright-reveals-two-men-to-blame-for-gunners-struggles-5762385/

    http://www.stltoday.com/sports/columns/jeff-gordon/gordo-fans-of-kroenke-s-inept-teams-continue-to-suffer/article_0e3edfc1-773c-5aa5-8cd0-eb78964da1a5.html

  11. Marko

    I don’t even like Kroenke ffs but when someone has the audacity to place blame clearly reserved for Wenger on Kroenke that’s unacceptable especially after the season we’re currently going through. The buck begins and stops with the manager in almost every scenario but especially this one when you consider how much influence and power he has over practically every facet of the club. But no for some all of a sudden it’s kroenke. Look he’s no Abramovich I’ll give you that but he’s no fucking Randy Lerner

  12. Rambo Ramsey

    “That’s on Arsene you horrible twat.”

    And the fact that everything at Arsenal is deferred to an incompetent old fool and could continue to be the case for another two years, that’s on whom?

    Is your peanut size brain able to mull over this?

  13. alexanderhenry

    Rambo Ramsay

    Most football fans are incapable or unwilling to look beyond changing the manager.

    The reality behind arsenal’s struggles go beyond wenger and are an inconvenient and complex issue.

  14. BergkampLegend

    “It’s going to very difficult to get back in to the top four next season.”

    Yes but who cares ??
    Our great manager recently said that playing the CL isn’t important anymore.

  15. Globalgunner

    Kroenke the so called bad guy allowed Wenger to spend more than 90m last season and we are in a worse postion than the year before when we came 2nd. We havent won the league since 2004 and Kroenke only became the owner in 2012.

    Some people clearly have learning difficulties.

  16. Carts

    “For me, it (fan demonstrations) is very bad. He is the manager who gave a stadium to the club, won cups, and he has been 21 years in the job. He is the creator of the stadium, the players and style of the club.”

    My advice to Sanchez would be to focus on either extended his stay at Arsenal or leave Arsenal,.

    When one starts spewing shit like that then you’ve just got to shake your head.

    How the fuck did Wenger give Arsenal the stadium…

  17. champagne charlie

    “Just reminding people of your opinions and how they differ from others Charlie. I mean if you don’t stand by them anymore or I’ve misrepresented them”

    Christ you’re stupid ehh. You’re childish for exactly this reason….

    I’m the one who represents and reminds folk about my opinions, thanks. I don’t need some knobber throwing what I say into the mix when I’m not present.

    Makes you look a massive tool, which ironically you just clarified for all by stating your “reasoning”. Grow up you man child and present your own views instead of rehashing others.

  18. Marko

    And the fact that everything at Arsenal is deferred to an incompetent old fool and could continue to be the case for another two years, that’s on whom?Is your peanut size brain able to mull over this?

    My point exactly numbnuts we’re blaming Kroenke for the things Wenger insists on doing. How could Kroenke give Diaby a contract all those years how could he sign brokeback Kallstrom and how dare he refuse to address the goalkeeping issue for so long and continue to not address the DM issue.

    Why can’t he be more hands on with this sports franchise. Keep in mind if he was Wenger’s lemmings I’m sure would be the first to complain

  19. Rambo Ramsey

    Kroenke gave a contract to bad guy Wenger in 2014 after we bombed the league, he looks set to give bad guy Wenger another extension now after this disgrace of a season, he gives license to madman Wenger to do as he pleases.

    Some people clearly are low IQ buffoons failing to see the bigger picture.

  20. Carts

    Marko
    May 18, 2017 12:36:16

    I agree with you. Stan is a special cunt. A hands off one, at that.

    But the fact of the matter is that, if Wenger genuinely wanted help, he’d be best placed to make that decision. I need a DoF. He’ll recruit one. He’d rather not spend £70m on 3-4 top players but instead sign Arteta, Santos et al.

    It’s madness cos his signings were so weird, and the skeptics knew that what he probably needed a few top players to seriously challenge. But he’d go completely opposite and waste it on shit.

  21. jasongms

    Hi TR7
    Valuers are generally circumspect regarding the use of liquid assets in any report form of valuation. liquid assets are highly volatile therefore the analysis can vary significantly from report to another.
    Your assumption that”, money/cash in the bank boosts valuation of a firm for at worst cash will earn a zero rate of interest.” This is blatantly not true, cash in the bank is inflationary.

    “It makes you both solvent and liquid which have their own premium when it comes to a firm’s valuation.”

    Sorry not sure what you’re alluding to here??

    “On the other hand if you invest the cash in players who are risky investments – they could bomb or they could lift the club to another level- it becomes a very risky investment. Besides, in an era of overpriced players, the risk of investing big in players becomes even more severe.”

    The last part is subjective and would be hard to quantify in real terms. The most ubiquitous method of increasing revenue and commercial success (in the football terms) is by success on the field, and you can’t do that without taking risks in the transfer market.

    “More over, as a firm a depreciation/amortization cost goes in to the P&L every year over the length of a contract for every player bought which reduces overall profits and as a result share prices.”

    First off depreciation and amortisation are two different concepts. Secondly, I don’t really understand what you’re alluding too??

    “the only way you can move ahead as a business is by ensuring you are using your debt to earn more than 1 pound for every pound served as interest on debt. That’s why United are getting bigger and bigger every single year despite piling up debts.”

    I have never valued United, so it would wrong of me to try and quantify any of this, but as a valuer, I’m a highly sceptical and comes across as unsustainable.

    “We must generate more revenue streams to be able to go mega in transfer markets.”

    Yes, totally agree with this, but contradicts your earlier argument on player acquisitions because if you’re not successful on the field, then brand doesn’t grow and you stagnate. which makes it almost impossible to generate more revenue…..

  22. Rambo Ramsey

    “My point exactly numbnuts we’re blaming Kroenke for the things Wenger insists on doing. How could Kroenke give Diaby a contract all those years…”

    Replace Diaby’s name with Wenger’s and you’ll see the point being made.

  23. Marko

    Ah Charles no need for that. I can’t bring up your arguments in an argument against someone that you agree with. You and Alex are basically the same person so sometimes arguing with him I’ll mention you because you both make the same points. Relax snowflake. Tell me again why we don’t need a DOF and things should remain the same

  24. Marko

    So Rambo you agree that blaming Kroenke for not sacking Wenger over the years is really about the only thing that you can level at him? Phew thank goodness. It’s worth noting though the vast majority of fans up until the last couple years have generally given the manager the benefit of the doubt so Stan sacking him would of been seen as a bad thing hence you can see why he wouldn’t do it even though he should of. Also his eyes and ears at the club are Ivan (who has zero control it seems) so if Ivan was telling him things were rosy at Arsenal that could hardly be his fault. Again he owns this sports teams but let’s others run them and in Arsene and Ivan he has two running it poorly but for years were still pulling in profits so how was he to know you know

  25. Rambo Ramsey

    “So Rambo you agree that blaming Kroenke for not sacking Wenger over the years is really about the only thing that you can level at him? ”

    Yeah, you’re right Marko, its the only thing wrong with Stan. And the only problem with Wenger is that he’s a shit manager.

  26. OleGunner

    So going by the logic on this page and the last, Kroenke told Wenger not to sign an outfield player in summer 15 eh? To assist with more cash hoarding.

    Hmm like I said before, ya’ll deserve each other lmao

  27. Rambo Ramsey

    “Again he owns this sports teams but let’s others run them and in Arsene and Ivan he has two running it poorly but for years were still pulling in profits so how was he to know you know”

    And you call Alexander a shameless apologist? Jesus wept. If Stan continues to put profit over sporting pride, then Arsenal will continue to flounder. You get that, yes?

  28. OleGunner

    Ooops, I forgot the old respectable Arsenal was known as the Bank of England of football teams lol.

    So we’re hoarders by nature. As you were fella’s.

  29. Marko

    I’m sure we can all agree that we’ll only see what Kroenke is really about once we finally get rid of that lecherous cheap freak of a manager. Even though if he was still to spend 95 million the summer Wenger leaves would that still not be enough?

  30. champagne charlie

    Marko

    Best you just keep my name out of your mouth seeing as you couldnt provide a measured point of view if you tried. You’re pathetic mate, the exact type of cretin I wouldn’t engage with in a pub so no reason to change that here.

  31. champagne charlie

    Rambo

    Youre talking to a wall there mate, been there and its honestly a waste of oxygen. Some people on here just refuse to encompass anything outside of Wenger.

    But it’s Arsenal FC, not Arsene FC they say…

  32. TR7

    jasongms

    “This is blatantly not true, cash in the bank is inflationary. ”

    What would you rather have : 42M of cash lying in the bank probably reducing in value only slightly (if at all) if the interest earned on it doesn’t beat inflation rates year on year or 42M worth Ozil which is not guaranteed to give you a positive cash flow in the next 4 years, instead more likely to give a negative cash flow ( wages + bonuses – little incremental value that you could assign to Ozil for a probable higher finish in the league again assigned pro rata )

    “Sorry not sure what you’re alluding to here??”

    The more solvent a firm, lesser the rate of discounting cash flows -> higher valuation.

    “The last part is subjective and would be hard to quantify in real terms.”

    Yes, it’s subjective but there are many examples to back up this theory.

    “First off depreciation and amortisation are two different concepts. Secondly, I don’t really understand what you’re alluding too?? ”

    I know depreciation and amortization are different concepts but both are applicable in case of football players as some clubs might consider them tangible assets, very unlikely but in case a club treats them as intangible assets the proper word is then amortization. If Ozil is bought for 42M for 4 years, 10.5 M will be depreciated in P&L for those 4 years.

    “Yes, totally agree with this, but contradicts your earlier argument on player acquisitions because if you’re not successful on the field, then brand doesn’t grow and you stagnate.”

    As I said earlier, my argument is based on the unique scenario in EPL wherein even if you spend huge sum of money, you will win the league probably once in 5 years or twice if you get lucky. More bang for the bucks if you spend big in German, French or Italian league as you mostly have only one big rival to overcome as a club.

  33. Moz

    Champagne Charlie,

    Are you suggesting that we can’t afford to pay transfer fees for WC players?

    Was it last year Sir Chips said in the press that we could buy anyone in world football bar Messi and Ronaldo?

    The BOD have always said that they will back Wenger if he wants a player.

    Also you say we can compete with wages, I would say we are stupid when it comes to wages. Paying ridicules sums of money to average squad players.

    If what you say is correct, and I doubt it is correct then maybe the reason we can’t afford to pay large transfer fees is due to Wengers crazy socialist wage structure.

  34. champagne charlie

    Moz

    I’m saying we’ve had a budget to adhere to which is significantly less than fans seem to think. There’s far more evidence of that based on our refusal to meet certain figures than there is for your idea we can afford it.

    Sir Chips can say whatever he likes, every statement from upper management is normally PR and well constructed to create a narrative.

    IF we could afford to buy several world class players, then where’s the evidence for that?

  35. alexanderhenry

    If, as the extreme WOBs have claimed, all of arsenal’s woes stem from wenger – the lack of spending, cash hoarding etc, we are in a great position.

    Wenger will be off soon enough- I think this season- and the club will appoint a top coach and give him full access to the money at the club.
    Happy days ahead.

    If – as I believe- when wenger leaves, the club appoints a lesser coach or ex player and continues to promote:

    ‘self sustainability’, ‘Financial prudence’, ‘building for the future’, ‘the arsenal way’, ‘investing in youth’, ‘analytics’ and other varieties of bullshit, it will be the same story- only worse probably.

  36. Carts

    CC

    “IF we could afford to buy several world class players, then where’s the evidence for that?”

    So when we had £70m to spend in 2011, whose call was it to buying an assortment of mediocre players? as opposed to 3-4 top players?

  37. OleGunner

    Alex,

    What’s your hot take if Wenger stays with the inevitable 2 year contract extension?
    And can you tell me your grand vision to rid us of Stan? Genuine question.

  38. gonsterous

    Alex henry

    is there a worse than “Wenger” ?
    also, good to see you loosening up on the “Wenger is the victim” card…

  39. TR7

    Le Grove’s resident scouts – some insight on Tollisso and Fornals please . I know a little bit about Tollisso but no idea how good is Fornals .

  40. S Asoa

    AH seems to take a big swig or 10 and comes back like clockwork addressing one and all with the same old, sane old Wenger apologies.
    With such a routine, it is no wonder his posts are like that only.
    Or
    Good catch mate ?
    which is it ?

  41. Redtruth

    WENGER: WE DON’T SIGN SUPERSTARS, WE MAKE THEM

    DailyMail 19:38, 01 Sep 2007,

    Arsene Wenger has defended his tight grip on the Arsenal purse strings by declaring: “We don’t sign superstars, we make them”.

    If Russian billionaire Alisher Usmanov is successful during the looming power struggle at the Emirates, Wenger could be armed with the spending power to rival even Chelsea.

    But the Frenchman insists that whoever triumphs in the boardroom, he will continue pursuing his policy of signing promising talent and turning them into big names.

    Thierry Henry, Patrick Vieira, Nicolas Anelka and latterly Cesc Fabregas are the pick of the players who arrived in north London as relative unknowns before developing into world-class players under the Arsenal boss.

    And as Wenger is adamant that recruiting established stars does not represent value for money, he will continue to prize potential over experience.

    “I’m not scared to spend big money. If there is a player that I feel we need then of course I will buy him,” he said. “But at Arsenal we make the superstars. If you find a special player then fine but I have not seen a number of what you might call world-class players available.

    “Maybe some have a world-class price, but they are not all world-class players. If you sit down and give me £30million to buy one, could we find one?

    “For £30million I will be told ‘sorry he is not available and you can not have him for that price’. “Chelsea maybe tried to sign Ronaldinho and they have more money than anyone in the world, but he has not joined them.

    “For me, for £60million a guy must take the ball at the kick-off and score every time he touches the ball.

    “The highest we have ever bid for a player was £15milllion for Antonio Reyes. We have never bid higher because the quality hasn’t been there.

    “I will only pay what I think a player is worth and there are not many world-class players better than we already have. “I don’t know why everybody wants us to buy.

    He added: “I’m surprised that people think I have no money to spend. We were maybe a little bit short for a brief period but not now.

    “We are not short of money and our results will come out soon and you will see.”

    Wenger believes his approach to squad building requires greater skill than buying established players, but is not concerned that his rivals in the Barclays Premier League will try to muscle in on his territory.

    As prospective teenage signings know they will be given the opportunity to flourish at Arsenal, Wenger is confident the Emirates Stadium will always be their preferred destination.

    “It’s harder trick to pull off buying younger players,” he said.

    “But I am not that worried about the competition because players always go where they think they get a chance and not many clubs have the patience to give them that chance.

    “They will make them wait until they think they are good enough.

    “Because we start them early, they mature earlier and people integrated into our training sessions know exactly what they have to do.”

  42. Rhys Jaggar

    jasongms

    In terms of growing revenues through star acquisitions, the benchmark is Florentino Perez at Real. He understands the economics of galactico transfers and has grown on the back of it. In 2003, when he went after Beckham, he had calculated that anything less than E200m in transfer+cost of contract would see him in the money, based on global sales, corporate deals etc etc. Back then £50m was a world record sales price pretty much, so he was sure he had a big margin of safety. He also went on record as saying: ‘the biggest transfers are the most profitable’…..

    As for valuing a football club, it is the highest value of three options:
    1. Selling price to a third party in the near future.
    2. Net assets today, assuming the business is a going concern.
    3. Projected risk-adjusted dividends plus other shareholder payments to infinity (this assumes that risks are sufficient that beyond about 40 years out the effective net present value of future dividends is pretty small).

    Obviously lots of football clubs do not pay a dividend, but ManUtd do so you can model revenues, profits and dividends going forward based on the past 10 years figures, making assumptions about TV deals, corporate deals, attendances etc. When you look at Utds finances, their official debt is under control, having made high interest debt magically disappear a few years ago in ways few know the truth about. They can service it easily short of total collapse of the teams fortunes.

    As Arsenal do not pay dividends, ENS is looking at maximising shareholder value at Arsenal, partly to bolster the overall solidity of his business empire. It is an unpleasant fact that finishing 4th profitably achieved that aim effectively for him. It is why I said No more! in 2011, as I reckoned nothing would change (it hasn’t) to justify the expenses involved. Arsenal now officially has minimal net debt (cash reserves mostly balancing stadium + debenture debt, at least on 31st May just as most season ticket money is in), although in reality you should probably add £30-50m to that figure to give a true conservative picture.

    So what you have are two incompatible wishes between owner and fans. The owner wishes to grow the value of his shares as safely as possible, the fans mostly want Arsenal to win trophies without financial danger.

    It is why I have always seen the Private Limited Company as a questionable legal vehicle for football clubs, which are Community Assets, even if now for the biggest clubs, those Communities are global in nature. It can work, but fans do not chose the new owner, the old owner does.

    How would you like Mrs May, the old Prime Minister, to choose the new one, eh?!

  43. Champagne charlie

    Carts

    Define your assortment of mediocre players, and suggest what should have been done.

  44. jasongms

    TR7

    thanks for replying appreciate it, a little suspect of the points you’ve made and sorry if this is a little rushed (need to get some sleep)

    “What would you rather have : 42M of cash lying in the bank probably reducing in value only slightly (if at all) if the interest earned on it doesn’t beat inflation rates year on year or 42M worth Ozil which is not guaranteed to give you a positive cash flow in the next 4 years, instead more likely to give a negative cash flow ( wages + bonuses – little incremental value that you could assign to Ozil for a probable higher finish in the league again assigned pro rata )”

    Each business or investment has their core values, agreed?? OK

    In the football’ industry which is the industry that concerns us, having pecuniary interests as a means of generating revenue is negligent, would you agree?
    therefore, isn’t reasonable to accept that the best way to increase revenue is by success on the field? And a very significant part of this is speculating in the transfer market.
    The benefits are ten-fold, Likelihood of future success on the field or maintaining a level of success, increase in brand recognition because of this and therefore, increase in revenue streams such commercial deals, merchandise etc etc
    It’s little wonder that clubs fighting relegation, speculate heavily in the transfer market to avoid the drop and not by keeping their money’ in the bank.
    Keeping your money in the bank especially as you say “reducing in value only slightly (if at all)”, when your business is football is negligent. It serves no purpose as at all from a valuation perspective nor as a financial one.

  45. jasongms

    Rhys

    excellent post there

    “As for valuing a football club, it is the highest value of three options:
    1. Selling price to a third party in the near future.
    2. Net assets today, assuming the business is a going concern.
    3. Projected risk-adjusted dividends plus other shareholder payments to infinity (this assumes that risks are sufficient that beyond about 40 years out the effective net present value of future dividends is pretty small).”

    yes !!

  46. Carts

    CC

    “Define your assortment of mediocre players, and suggest what should have been done”

    Mediocre signings:

    Arteta
    Santos
    Benayoun
    Jenkinson
    Gerviho
    Per
    Oxlade
    Park
    Joel
    Henry (loan)
    Eisfeld

    the above cost us c£55m, from £66m raised in sales; with Cesc, Nasri , Eboue and Clichy being our big name departures.

    Now are you really asking me who we could’ve signed for £70m as opposed to that aforementioned? If you are, then 3-4 top signing is what we should’ve focused on.

    Us signing those players had sweet fuck all to do with the board. We had a net spend of about £10m. I’m sure we could’ve raised a further £15m-£30m to take our war chest to between £85m – £100m

  47. Champagne charlie

    Carts

    Yea I’m really asking, and you’re really not telling you’re talking noise like “3-4 top signings”.

    Of that list there’s 5 first team players, meaning 5 needs. How do you rationalise 5 needs being met by 3/5 top players?

    Then how again do you somehow suggest we get that number of top players from that budget?

  48. R.S.P.C.Arsenal

    Reading Pedro post other day

    I’ve resigned myself to the ract he is staying , so let’s hope we don’t qualify for chaps league an lose fa cup final …

    Tat way he has no bartering tool an if he signs it will be non the terms that suit the club ad oppose to him….

  49. TR7

    jasongms

    Reply to your post is in Rhys post which you rated excellent.

    ” It is an unpleasant fact that finishing 4th profitably achieved that aim effectively for him. It is why I said No more! in 2011, as I reckoned nothing would change (it hasn’t) to justify the expenses involved. Arsenal now officially has minimal net debt (cash reserves mostly balancing stadium + debenture debt, at least on 31st May just as most season ticket money is in), although in reality you should probably add £30-50m to that figure to give a true conservative picture.”

    Stan shouldn’t worry as long as we finish top 4 as Rhys says. It achieves most of his investment targets without taking unnecessary risks. There are only two models – Perez model of business which is a risky one and Stan model of business which is fairly safe. What you say is true as well ( a la Perez ) but Stan is on the other end of the spectrum on risk taking behavior horizon.

    P:S – I am not in anyway justifying Stan’s actions but it’s easy to see his game plan.

  50. TR7

    CC

    Sorry to jump in to your debate but I agree with Carts there.

    Hazard – 25M
    Mata – 23 M
    Cahill – 8M
    Cabaye – 15 M
    Benayoun – loan (wasn’t a bad move)

    We would have been much better off with these 4 buys in 2010 than the players we actually signed. We focused on quantity rather than quality.

  51. PhD07

    RedtruthMay 18, 2017 15:30:06
    I’d say all of Wenger’s signings in the last 5 years bar Sanchez have been flops.
    ————————-

    Even your favourite player Ospina?

    PS
    Tied yourself up in knots -Redtruth.. :-)

  52. Bamford10

    Champagne

    If spent intelligently, the sums I cited above (90m, 90m, 50m, 50m) were ample to build a side that could compete. Other clubs have competed with less. Plus Wenger could’ve spent another 100m.

    He chose not to.

    He spent poorly when he did spend.

    He is garbage tactically.

    He is garbage at team selection.

    He signed Sanogo and suggested he deserved as much talk as any 50m player.

    He played Niklas Bendtner wide against Milan in the CL.

    He is fucking garbage.

  53. Carts

    CC (and TR7)

    When we sold Cesc and Nasri et al – raising £66m – Wenger decided he was not going to replace the quality lost, but instead focus on mediocre player. The ones I listed.

    NOW, if Wenger raised £66m and spent £55m – can we agree that was purely his decision? For the sake of common sense, let’s say yes.

    NOW, are you saying that who we signed was the best we could do, cos I don’t. If your answer is yes, then you along with Wenger didn’t consider us big enough to sign established players.

    Look at TR7’s list. Those players, at the time, weren’t outside our reach. Also, you will have to refer back to the summer of 2011 as my memory doesn’t serve me well as to what player, better than who we eventually signed, was available.

  54. Bamford10

    “Arsene, what would you do if I gave you £100m for signings?”

    Arsene: “Give it back to you.”

    Wenger apologist: “It is absurd to suggest that Wenger wouldn’t spend the money available to him.”

  55. Haribo 73

    As a fan you want investment, as a businessman you want club value. There are plenty of other clubs that get the balance right, so why can’t we? The problem then lies with the owners and management.
    Stan treats Arsenal like a business, I’ve read an article from a journalist that was present at a convention in the US and heard what he had to say about owning sports clubs. I think it was in the Independent. He sees them as cash cows, nothing else. And Wenger keeps his 8 million a year job by saving money and getting 3rd or 4th place. Neither Stan or Arsene Wenger have any ambition so for the fans sake……….. Fuck off the pair of you and stop destroying my club you pair of twats.