Brainwash online TV conning us all + £25mill Budget myth.

by & filed under Uncategorized.

So Arsenal fans have been talking a lot over the last few days regarding the amount of transfer cash we ‘could’ have over the summer.

Can I just say firstly, I am no expert in finance, but if Keith Edelman says we have £70 million to spend… I am going to trust his words on the matter. An amateur assessment over the size of our transfer kitty based on the same facts any fan could view is not going to get me worried.

It is interesting that the story was not published on the AST’s website which would again reinforce my opinion that the article was speculative.

When you run a business like Arsenal, you are responsible to shareholders and customers, in other words the supporters, you can’t go public with a statement which says you have £70 mil for players if you haven’t. Simple. You can’t tell porkies in an annual report that’s audited, it’s illegal.

This is the cave man assessment of our debt, in other words a very rough guide.

Out – £450 million for the stadium.

In – £150 mil from Emirates up front, £50 mil for the shirt sponsor (Emirates) up front, £250 mil from Highbury.

That’s kind of washing it’s face. Now then you add to that match day revenue, concerts, International matches, prize money from the EPL and Uefa, TV money, Nike, Internet, shirt sales and money that hasn’t been spent over the years, I think you’ll find he easily has £70 mil to spend purely on players.

Salaries come out of cost of sales, same as with any other business.

Foreign Ownership

So the debate rages…

Argument 1: If we are skint why don’t we get a big old sugar daddy to takeover?

Argument 2: We need stability and a board that have the interests of the club at heart.

My argument…

Actually we don’t need either?

We have been prudent as a board and have a well run club, Wenger has a £70 mil transfer fund, why? because Edelman publicly said so. If ‘intellectual’ blogs try and tell you he doesn’t and you believe them, that’s your prerogative. We don’t believe them.

The budget is Wenger’s and if it’s not spent, that’s down to him, not the board, a sugar daddy won’t cure that.

Arsenal TV are very cleverly showing you the new generation of kids, and we’re all salivating at the prospect of the new Gazza, the new Bergkamp and the new Liam Brady, that way if no significant signings come in, we won’t care because we’ve been pre conditioned.

Very clever Arsenal, but that’s papering over the cracks, bring in some players and some silverware so we can brag to the rest of the premier league, we already brag that we’re still English and not owned by people that don’t care.

David Dein said this,

“As a devoted Arsenal fan I don’t want to see them left behind.”

He was a fool for selling up, but you can’t deny he is Arsenal through and through. Maybe he is right with what he is saying? Could another summer of underinvestment see us lagging behind the rest for a 4th season running?

Lets hope that Wenger is bluffing when he says he doesn’t have much money available… otherwise Usmadein and the Kroenkenites may find themselves with a little more support than they had last summer.

The measure of any well run business is the dividend it pays to its shareholders. The measurement of success of a football club is silverware, that is the dividend a football club should look for.

Don’t forget people, we are supposed to be a Football club, not a case study for a well run business…

Anyway, enough of my thoughts… how about a few of yours!

See you in the Comments section!

Tags: ,


We take the pain, they make the gain. So, Benzema, Huntelaar or Villa?

by & filed under Uncategorized.

First of all I would like to focus on two players, Flamini who can leave on a free in June and Hleb, who can buy himself out of his contract in the summer.

I remember last season, both were figures of ridicule by many Arsenal fans, and many wanted them gone.

At this point the management should have either sold them and got a return, or made them sign new contracts so in the event they decided to leave, at least have made something on them.

What we could now see is the ridiculous situation of two of Europe’s finest, walking out the door for nothing or little. Poor planning from the money men in my book, but having said that, it will show how loyal those two are to the fans, we suffered them both for 3 years, losing possession, getting carded, failure to shoot, the list goes on and we all groaned, but we never jeered, we always supported them.

Now they’ve come good, they should repay our lack of booing with a little contract signing, they should also remember the Arsenal curse, I personally would like to see them stay and think they will, but if not, who cares? Arsenal will still be there long after them and we must move on.

We are still being linked in various sections of the press with the big three, Huntelaar, Benzema and Villa, I have mixed feelings on them all, but would like one of them, if you understand that! I think Wenger should study their medical records before making a decision.

Who would I go for? Tough! Is Huntelaar proven? would Benzema be another Aliadiere – but cost more? is Villa too small? I think given the Cesc situation, another Spaniard, in the toughest of the three leagues may tip it for me, but I wouldn’t kick any of them out of bed, if you get my drift.

That’s the forward line sorted, I’ll talk defence tomorrow.

Have a speculative day Grovers and don’t mention the ‘chav’ word.

Tags: ,


Ade, Hleb and Flamini to go – 300 Spartans to come in!

by & filed under Uncategorized.

Ok so here we go, the rumour mill kicks in to gear, already AC Milan want Adebayor, why? because they see him as a young Drogba, a handful and someone that can mix it up, precisely why we should be excited about the future, I know he has had his moments with poor first touch and missing sitters, but he has scored a lot and I remember the chavs saying the same thing about Drogba for the first two years, I honestly believe we’ll see the better Adebayor next term, I know a lot of you don’t but Wenger won’t sell him so only time will tell.

Hleb off to Barca and Milan at the same time and Wenger says he thinks he’ll stay, but mention his favourite Cesc and a firm ‘he’s going no where’ pipes up, funny that.

Flamini is looking less likely to sign, though I always believed he would, if he doesn’t know by now, perhaps it’s best to bring on Diaby, buy someone else and say goodbye to the French, Italian greedy twat.

Young Jack Wilshere had another blinder and even some of you Grovers are calling him the next Gazza, I hope that doesn’t mean he’s a mentally ill drunk, and that he is a footballing genius instead.

The list of people coming in goes on, from Kirkland to Ramos this weekend, I would like to think we’ll get a center back, winger and forward but we’ll have to wait and see, I have a feeling he knows already and will move at the end of the season, I also think Robinho is a good bet, as he won’t be playing in the summer.

Next up Derby County so that should improve our goal difference, the Champions league kicks off tonight and we can only reflect on what could have been, So a Liverpool Barca final for me, with Barca winning and proving that anyone can win the European Cup, so we’ll win it next year instead.

Anyone but the Chavs, please.

Have a rumour filled fun fest today Grovers!

Tags: