The final AGM: Le Grove delivers the inside scoop and a mini exclusive!

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So Geoff thought it might be a nice idea to allow me to attend the AGM as his proxy. I didn’t really know what to expect and I wasn’t sure what to wear. I thought I’d best head up there in a suit, it’s better to look over dressed than under dressed. I re-checked the ticket, realised the thing started at 1130, not 1400 so got to work ironing my shirt. In the process, I jabbed it into my leg and gave myself a 3rd degree burn.

That’s pretty much the only reason I relayed that last bit to you. It hurt like hell. I’m going to have a scar there for the rest of my life now. At least I’ll be able to tell the kids; or countless ladies who ask, that I picked up that burn attending the last ever Arsenal FC AGM.

As I landed in Holloway Road, it struck me how much of a dump that place is outside of a football match. All the grubby little convenience shops that are about as convenient as a wet newspaper, the hoards of students walking past giving off the intense stench of febreeze and the kebab shops open early doors. I wandered over to the Emirates and headed into the Woolwich suite. I don’t know why, but I was surprised that the average age of the attendee’s was well over 60! I was also surprised by the amount of Lady shareholders present.

I took my seat next to a very distinguished looking man. He was respectable in my eyes until a young lady shuffled alongside to take the seat next to me and he quipped,

‘You can sit on my lap any day darling’

That comment made my day. 65+ and still chasing tail!

Arsenal were playing their greatest moments of the last ten years, combined with some flashy images of the new flats at highbury on loop. I was being indoctrinated… I could feel it.

Without much fanfare, the directors rolled onto the stage closely tailed by Arsene Wenger.

Peter Hill-Wood welcomed us and introduced the shareholders to Ivan Gazidis who received a round of applause.

Mr Hill-Wood may sound like a pompous idiot in the Daily Star, but as a master or ceremonies, he is actually rather likeable and a bit of a comedienne! He shared with us the news that Ken Friar was missing his first AGM in 900 years because he had undergone a hip operation and was recovering.

We got straight into the action and questions were levelled at Peter. I didn’t take a dictaphone and I’m pretty bad at taking notes, so I’ll give you a rough idea of what went down.

Q. Arsenal received £80million from Granada, £100million from commercial deals and considered a share issue. Are you considering any other ways of financing the club?

A. Nike were the only organisation to pay up front. The Emirates deal is structured over a lengthy contract. The Granada deal was very helpful for the move. We did seriously consider the share issue, but didn’t think this was the best way to sustain our future. We have had no more thoughts of raising finance.

Q. There has been a distinct lack of investment in players over the last couple of years (groan…), have the board a plan in place if we don’t make the champions league. After all, Man City, Spurs and Villa are all chasing a top 4 position down?

A. Firstly, I don’t really consider Spurs and Villa challengers (Applause). Secondly I’d disagree with the statement on investment. Arshavin and Vermaelen cost Arsenal about £40million.

Q. What are Arsenal going to do about their long-term sponsorship deals that no longer look that attractive?

A. Ivan and his team are scrutinising those deals at the moment. However, it is doubtful we’ll be able to renegotiate them. You can’t just walk away from long term deals. Rest assured though, we will get better agreements in the future.

Q. Arsenal have a net transfer spend of Nil over the last 5 years, when will real investment in players begin?

A. Your facts are wrong. We’ve spend £150million on players over the last 5 years and sold £90million.

Question time was over, all the directors were voted back in, Ivan took to the stand. I was expecting an American accent, but it was an offish posh accent instead. He spoke about his vision for the club. He stressed how much trouble he had signing Arshavin. He spoke of the 8 players he’s tied down to new deals and promised there will be more to come. He also spoke of the murals that were going up around the stadium and the new Highbury Shrine that is being unveiled on November the 4th.

He mentioned the £133million housing debt was down to £47million and that since that announcement further sales have happened. He told a group of us after the AGM that the £47milllion debt will be alleviated very shortly, then all the additional profit can be channelled back into the football club. So much for the preachers of doom on the housing front eh?

Ivan also shared his joy at having a world class executive team behind him. He constantly spoke about the clubs forward thinking and that we had to be outward looking. His vision is that the Premier league becomes the first international league and Arsenal need to be at it’s epicentre.

He finished by telling us that Arsenal were not about financial results, not about real estate, we’re about people and what we can achieve together.

He is proud that Arsenal are a club that have been built, not bought.

He then took some questions.

Q. Why have you only Arsenalised the lower concourse. I pay the highest prices in Europe to watch my team, yet I’m confronted by drab walls?

A. This is very good point. We’re not finished with the stadium by a long shot and we’re in consultation about how to address the rest of the ground, you haven’t been forgotten.

Q. A lady called Barbara stepped up and spoke about how great Arsenal had been with Charity and mentioned some cases where Arsenal had made the lives of some kids brilliant.

It’s nice hearing that our club has a role in the community. Peter Hill-Wood was quick to point out that the board shouldn’t take credit for this, the Arsenal communities office should as they put in a lot of hard work.

Q. What are you doing for overseas fans from a digital perspective? We want more Arsenal!

A. We’re working on a digital strategy, but sadly our hands are tied due to current agreements. We’re working on supplying non-televised away games to international fans.

Ivan sat down, and we handed over to birthday boy Wenger.

A little video of his best bits was shown. Arsene told us his favourite goal was the Thierry masterpiece against Liverpool at Highbury on our way to becoming invincible. His favourite game? Real Madrid in the quarters a few years ago.

Arsene took the mic and told everyone that it had been a tough year, but he was thankful for the support he had received and the loyalty. He told us that he loved Arsenal because there was something special about the club. In his early days he told how managers of lowly teams would talk about doing things the Arsenal way and he felt he could continue that. He loves team games and that’s why he’s not keen on spending out lashings of money.

When you listen to Arsene speak, you are drawn into his ideology, he captivates you and has a canny knack of whipping up excitement.

He spoke about two trends that he can see in football:

1) Big clubs are investing heavily through foreign ownership. Bottomless wallets are spending for success and many are failing. He pointed out that Arsenal, ManU and Madrid are the only teams that have sustained Champions League Qualification over the last 13 years and this was a sign of good management (Madrid, good management… or good spenders! Who cares… Arsene was on a roll!).

2) The EU are looking to regulate the amount of money pumped into clubs. Arsenal are aware of this so have put in place a business model that will allow a handsome flow of money to support the club organically.

There was a lot of talk about belief, values and strength. There was a lot of talk about luring 17 years olds to the club to teach them the value of team sport and to teach them to love the club.

His face lit up when he spoke about his vision of a football fan,

‘ I want people to wake up on a Saturday and be excited about what they are about to witness. I want people to walk away from the ground and be amazed at what they have seen’

This, of course, is not at the expense of winning.

‘I know the importance of winning, believe me’

He went on,

‘I am not saying this to please you, but this year we will do it. I believe in this team and they will deliver’

So there you have it, Wenger believes in this team, but he really believes in them… like totally.

There were some further questions and at this point it all got a little silly. One man told Wenger he looked very young and he was basically amazing, another man asked sheepishly about the goalkeeping situation. How could we compete with 4 keepers who were less than impressive? Wenger retorted by saying that football has never made a goal keepers game easier, there is always something additonal to criticise about a keeper. However, he is comfortable with what he has… but he did do that sheepish look, when he is hiding something.

Another man asked about why we conceded so many goals. Arsene said he’d like it if they didn’t and he was working on it. Then PHW asked the crowd if anyone had any other questions, my hand shot up… he handed the last question to a woman with red hair, she stepped up to the mic and made a statement how she thought it was great how Song and Eboue had dealt with fan criticism, then sat down.

Lady, if you’re reading… that wasn’t a question, that was a statement.

What a time-wasting applause seeker.

I wasn’t deterred though, I was going to have my moment in the sun… so I strolled over to the desk and approached Ivan… I was close to Kroenke, but he was answering most of his questions with a polite ‘Speak to Amanda’. So after waiting for ten minutes, listening to Ivan answer many pointless questions about taxi ranks outside the ground, whether he liked Eastenders… I asked mine,

Pedro: You did a good creating an atmosphere for the Man United game earlier in the season, are there any plans for the club to address the lack of atmosphere in the ground going forward?

Ivan: Pedro, right? Of Le Grove? Great site, I love what you guys do. Well, I can’t take much credit for that game, but we do have consultations going on. We’re reseaching what time fans get into the ground and we’re working out alsorts of bell curves to find out the best way to makes ure the atmosphere is electric upon entrance. I mean first things first, what’s up with the yellow quadrant? I mean who can identify with that? We’re going to look into Arsenalising that so people can connect with the ground.

AST FANBOY: Oh, I don’t know if you know, but Arsenal Action make a lot of noise.

Pedro: Well, not really… Ivan, what about singing sections?

Random tan man: WHAT ABOUT A BAND!

Awkward silence…

Ivan: This is something we’ve been looking at, but many problems come with it. How do you get acceptance among the fans? How do you displace someone who quite likes where they sit?

Pedro: Thanks Ivan, remember to tune into Le Grove tomorrow morning for your daily dose of everything Arsenal.

So, that was my day out and probably the last ever AGM. Next year we’ll be under new ownership and things will be looking very different. It was a thoroughly good day out and I thought it was fantastic that Arsenal allowed off the cuff question to be asked after the last open mic session.

So West Ham away next… one of the most important games in my Essex Calender!

Sorry for the long post, I hope I’ve done it justice! See you in the comments!

512 Responses to “The final AGM: Le Grove delivers the inside scoop and a mini exclusive!”

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  1. Stu

    Tom is stoned. He thinks Song is the best DM in history after a few months of playing ok-ish. ANd thinks Flamini is the shittest player alive because he only had 1 amazing season. Double standards much?

  2. Nick

    rohan when i 1st watched coqolin play it was the same as cesc arshavin tv you just know there all great players,they play with determination and desire.
    He will be a great, he come from basic league football straight to us so he must think his christmases have all came at once.
    just hope its not a case of ive made it now and more how lucky am i lets crack on and become a great time will tell

  3. Stu

    lol Nick, i know exactly what you mean. I’ll watch anything….and i mean any-fucking-thing with a few lookers in it.

  4. Gunner8

    You might be right Nik, but I am loving Gibbs and we still have Traore, hell Madrid would pay at least 20mil for him and we could pay off more stadium debt! woohooo

    Stu, Merida is bigger than Cesc and Coquelin is one tough terrier

  5. Gunner8

    Nik, Song is getting better but Wenger should have handled Diarra better IMO, we should have dropped Matty in Jan when he refused to commit and started with Dolphin until Coquelin came along! Flamini was a curse

  6. Nick

    other teams would waste that 20mil on a world class player for their dcm position…the fools if only they knew the joy that money would bring to their fans if they used it to pay the bills 😆

  7. Gunner8

    erm I am leaving, b4 I go yeah clearing debt is awesome especially so that when Kroenke buys the club and purchaces all the ordinary fans shares and has a dividend party with Fizzy, H-W and then announces the next property development project for the towers on the south side of the stadium and plunges us right back into debt!

    We will be the envy of every team, we will have thousands of apartments to sell and be the Ajax of England developing and selling talent to Barca, Milan and Madrid.

    Oh the future is sooo rosy, I am seriously considering going to league to and supporting Barnet!


    Ive got a cracking joke for a Friday its called working in the printing trade and your biggest client placing a fucking order at 4.15pm and wanting it at 8 different Addresses for before 9am Monday morning even tho the fucking jobs going take me through till tomorrow morning, They are all cunts i tell you 🙂 Thank bollocks we are not playing till sunday!!!!


    Cheers Choy i can feel your heartfelt words 🙂

    Stu theyve probably all buggered off down the pub like i was planning on doing lol

    Does it get busy on here say around 1am 🙂

  10. Stu

    Yeah thats probably it Chippy… sorry to hear about the prick ruining your day. You should have just refused and said it wasnt possible.

  11. CHIPPY

    Carnt in this climate Stu, Better to take the money when you can in all fairness the client is a good one and they are nice people so dont mind to much just a bit of a git on a friday 🙂

    Anyway reckon we will come away with a nice 3-1 victory on sunday and set us right up for the visit of our nearest and dearest next week !!

  12. dennisdamenace

    Is it still Friday????

    An ugly bloke walks into a pub with a big grin on his face.

    “What are you so happy about?” asks the landlord.

    “Well, i live by a railway and on my way home last night i noticed a woman tied to the tracks. I cut her free and we shagged all night long. Loads of sex! Shagged her tits, even did her up the arse! I loved it.”

    “Did you get a blowjob?” the landlord asked.

    “No no” he says, “i never found her head”!!!!

  13. rico

    😛 dennis – you had a capital D earlier, now its gone ??

    If its ok, I will be back tomorrow, now I am off to the pub – great chit chatting again 🙂

    Be good dennis 😉

  14. CHIPPY

    DDM Youve started me off again here you go son

    What have Stephen Gately and Princess Diana got in common?

    They both died after getting rammed in the tunnel.

  15. CHIPPY

    Jan Moir of the Daily Mail described Stephen Gately as ‘seedy’.

    Probably a good description of his arse and face just before he died.

  16. CHIPPY

    Sing Along Time 🙂

    Postman Pat, Postman Pat
    Postman Pat and his unionised cat,
    Early in the morning,
    They’re still in bed a-snoring,
    And I’m wondering where’s my post you fucking twat.

  17. MB

    Band, why does our club attract so many numpties, suprised he never suggested cheerleaders too. It does seem however that Ivan is far more sensitive and aware of the fans needs than Edleman every was or cared to be for that matter. There seems to be a feel good factor running through the club at the moment, maybe this is the year we will win something. I certainly feel the future is bright the future is Arsenal!

  18. tenerife gerry

    Ello chaps

    Same old toffs running the club I love. No change there, do you remember The Rev what ever his name was on the board!!!

    Last AGM well they never wanted to listen to us lot anyway 60s 70s 80s whatever.

    BIG LONDON DERBY so lets fuck those Essex/Norfolk pricks that keep blowin off Michael Jackson’s best mate. OH YA Canning Town Geezer… Green St Shit…Danny Dyer…Hard as my 2 week old kids green sloopy shit. Can wait to turn them dick splashes over.

    Love to all the Grovers

  19. gnarleygeorge9

    Arsenal manager Arsene Wenger has jumped to the defence of under-fire Liverpool boss Rafael Benitez, insisting the criticism levelled at the Spaniard is undeserved and “excessive”.

    😯 What is Le Gaffer doing. He should stop being Mr Nice Guy. Never give a sucker an even break. Sink the size 14’s in when this mug is down.

    Arsene, me old Frenchie, have you forgotten all the snipes & rediculous inuendo that is levelled @ you.

    Mind you, while Benitez remains @ Scouserville, they will never win the League. Mmmmmmmmmmmmmmm!! Maybe I can see Le Gaffer’s method after all 😆

  20. gnarleygeorge9

    Nice one georgian. He looks the goods. The Wenger factory isstarting to churn out more goodies than Willy Wonkers chocolate factory.

  21. gnarleygeorge9

    From The Times October 24, 2009

    Arsene Wenger will show no mercy to struggling Gianfranco Zola at West Ham

    Arsène Wenger understands the situation that Gianfranco Zola is in and sympathises, but the Arsenal manager will have no mercy on his West Ham United counterpart when the clubs meet at Upton Park tomorrow.

    West Ham are second from bottom and will sink to the foot of the Barclays Premier League table if Portsmouth win away to Hull City today. Wenger will attempt to ensure that they stay there by inflicting a third home defeat of the season on the East London club.

    Bring it on I say. No mercy? I like that line 😈

  22. georgian1gunner



    and gnarley have you seen this ? :)) this is the same team, whose trainer was wenger 🙂