In most big businesses, perception is an absolutely key pillar of operations. In some cases, it’s all that matters. We’re seeing how Facebook is suffering at the moment because they prioritised perception of their business over the actual massive problems they missed in 2016. We’ve seen massive ponzi schemes continue because even though everyone is aware of what is going on, too many big names are involved and the perception of something bad going on would be worse than the financial ruin.
I raise this point because the perception at Arsenal is there’s a real lack of control in the system. Process seems weak, there are few controls on how we move in the market, and there’s a real lack of leadership… which has been a consistent theme.
So, we’re into the most important summer of all time, we’ve signed one player, moved on very few… and where is Edu? On a boat, in Monaco, with our disgraced exFootball Operations guy and his super-agent Kia.
How does that happen? How does someone paid a small fortune to think about how he’s perceived post the evidence to his public Instagram account? Where is the leadership? Who is working for Arsenal saying, ‘Edu, mate, that’s not a good idea.’
It’s the same old same old with Arsenal. Just as you think they are turning a corner, they allow another hugely embarrassing thing to hit the feeds. Edu was caught out on tapes a few months ago in a deeply troubling scandal when he was at Brazil, he’s overseen some rough deals that clearly have ethical questions attached, and now he’s back out on a boat with two of the shadiest characters in football.
Where is Vinai on this? Where is Josh? How does a club as big as Arsenal allow this sort of ‘perception’ issue continue? It’s so infuriating… and to be honest… immature.
How simple is this:
‘If you really have to be on a yacht with someone like Raul, don’t put it on the internet’
The focus of the summer should be about a new Arsenal. It should be about an entire team pushing the club to the next level. Instead, we’re watching Arsenal lose to Hibs and our Technical Director execute more poor judgment and brag about it for likes on the internet.
In other news… it seems the rumour mill is revving up again. Granit Xhaka has apparently attracted a slightly higher bid from Roma. The Italian club has binned about 8 players from their preseason tour. Say what you will about Jose, he doesn’t f*ck around with players he wants out of the club. Doubt he’d have Kola and Willian in his starting 11.
Willian has an image doing the round where he looks like he’s packed on some serious weight. He’s basically showcasing why most 33-year-olds won’t be buying the new away shirt this season. A bit embarrassing that a professional athlete can do that to themselves in such a short space of time… until you remember, Arsenal is his retirement. Guy is so keen to pack things in he sought out a move to Florida. You couldn’t make it up. Fabrizio Romano is digging his heels in on this one, still stating that he’s going to move this summer if the right proposal lands… but like, honestly, who is going to offer the right proposal for him?
The Ben White deal is still rumbling. I honestly think my call the other day was right, we don’t want to deal for a player who is on holiday for 3 more weeks. It’s the reason Roma is slowing proceedings down for Xhaka. Who wants to pay dead wages?
Lokonga paperwork is nearly done, so we’ll at least have upgraded back-up left-back and back-up Ceballos.
There’s some talk about Tammy A being linked with Arsenal. Love the player, but not sure we have room for him with Lacazette and Auba at the club. Not to mention this truth… Balogun didn’t sign to be 4th choice. It’d be super weird for Arsenal to block his path with a young striker. But we’ll see… it was super weird to block Pepe with Willian last season, but that’s what our esteemed boat enthusiast did.
I think that’s all I have time for today? Remember to check out the podcast and the video of the podcast. Also, thanks for saying nice things about my hair, I feel seen.
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VIDEO WOO! I would embed twitch, but it’s complicated (here). So watch it on Youtube instead.
Weagle We lost 99, 03, 08 and 16 league titles add to that 99, 01 and 04 FA Cups, to end with 04 and 06 CL. But at least we were.there, figthing but look at us now, I understand how we got attached to Wenger a revolutionary mind that outsmarted the market and brought success, and at some point we crave and got mad at Wenger (right or wrong is debatable, but he was held to.high standards) but look at us now Arteta how the same.worshiping legion after finished 8th twice, destroyed some players value and had some of.the worse… Read more »
“For technical difficulty the Zidane CL final volley vs Leverkusen in 2002 has to be up there. Absolutely nothing fluke or hit-and-hope about it, and on his ‘weaker’ foot.”
Good shout. Had me off my feet roaring.
SAGG
”””’and brought success, and at some point we crave and got mad at Wenger (right or wrong is debatable, but he was held to.high standards) ””
well reminded.
Like A. Wengers class, and very underrated managerial ability those high standards are just not at the club anymore.
Wenger would not being doing this tacky doc, that is for sure.
Speaking of stinging defeats…
Liverpool CL QF second leg. Conceding after Theo scored late.
Chelsea CL QF second leg. Wayne Bridge . We were the best team in Europe that year
Almunia I do think the ZZ volley was unstoppable. Coming down out the lights from that agricultural Garryowen by Roberto Carlos, absolutely no-one would be anticipating an on-the-full weaker foot volley hit with swerve and power towards the top corner. I think the slo-mos make it look saveable. The only suggestion that the keeper should be questioned was that his name was Butt. We finished 3rd in the 2nd group stage that year behind Leverkusen and Deportivo, with Juve bottom of the group. We did beat Leverkusen at Highbury 4-1, being 4-0 up with goals from Pires, Henry, Vieira, and… Read more »
Mark SJuly 15, 2021 17:59:46 Arsenal at the end of May-“We’re going to do our business quick. We’re going to get things sorted out.” Arsenal in the middle of July-“Well we don’t want to pay an additional 3 weeks of wages, so we’ll just wait until August to sign the guy.” ——– Nothing new there..Same ‘ole,same ‘ole. I recall back in 2008, almost 13 years ago,during the Euro 2008,where Arsene Wenger was working in his capacity as a ‘Castrol Index Ambassador’,bragged: “He was going to the Euros with his big chequebook.”Implying he was going to spend big. What followed:Arsene rocks… Read more »
We produced remarkable consistency with twenty consecutive top 4 finishes between 1997-2016 We’ve only finished outside the top 8 on 3 occasions since 1975, finishing 10th twice, and 12th once We were always going to have a little dip again at some point, we’ve just got to make sure it doesn’t become a permanent decline Last time Arsenal missed out on Europe, they broke their transfer record to sign Bergkamp from Inter Milan for £7.5 million We’re already weaker without Odegaard and adequate competition for Leno, and as we stand, I think we’d struggle to finish 8th again, in a… Read more »
All seems not to be well with arsenal, considering the face that we are now appreciating Arsenal fc of years ago
Rich
I still can’t get out of you what you think we’ll raise from sales and what you think out net spend will be?
Come on dive in Roy Keane style.
Elmo, Yes,phd seems in agreement with you also. In my defence I will say that at the time I thought Butt should have saved it also but it’s difficult to know when exactly he first sees it as there is a player between him and the ball. As I said to phd I tend to be over critical of keepers. No getting away from ZZ’s class tho, prob a bit unfortunate that Messi and Ronaldo followed so quickly on his heels, he didn’t get to enjoy his undoubted spot at the pinnacle of football for long. ( that and a… Read more »
“Taking into account that Willock is a midfield player and was playing for a team fighting relegation , one would think that the inclusion of willock in the Arsenal side is “really hard to argue against”…..don’t you think.“ No, I don’t think using a hyper-successful sample is an accurate or fair representation of a player. Be like looking at Pepe on the strength of his last 13 league starts alone, or final 3 games of the season and claiming that was indicative of his aggregate output. In the same two year window as the 3 strikers mentioned Willock has the… Read more »
Why is it that everyone thinks Spending is the solution, especially in positions that we are stacked. Tammy Abrham is a good player. But no way we should sign him. We have two senior strikers we can use to phase in Balogun and Martinelli. Abrham wouldn’t even be in discussion if Chelsea never gave him a chance. Giving the likes of Balogun as backups and then phasing them in is how we get long term solutions. Lewandowski, one of the best CFs right now was a backup to Lucas Barrios. Aubameyang was a winger and a backup to Lewa. Developing… Read more »
Marc
Net spend £100-£150 million
PEDRO I am sorry but I have to disagree with the point you make about the number of first team players who have been moved on. The registered players who have left are FOUR. RYAN [End of Loan] LUIZ [End of Contract] CEBALLOS [End of Loan] ODEGAARD [End of Loan] Also we have offloaded THREE unregistered first team squad players on loan MAVROPANOS [obligation to buy] GUENDOUZI [obligation to buy] SALIBA We know also that TWO players are definitely leaving once terms are agreed: BELLERIN XHAKA It is almost certain also that Arsenal will offload this Summer another FIVE players:… Read more »
I think we will see Coutinho come to us
It’s been a while since fans of the top teams have looked enviously at one of our players (santi maybe?). But in Bukayo we have a real gem that others will admire and desire. It’s great but as others have pointed out it brings pressures also. We must give him the environment here to fulfill his ambitions because no matter how grounded he is, the sharks will circle and the snakes will whisper in his ear. Tierney and ESR in a similar position but to a lesser extent for now. This is Arteta’s greatest challenge giving these players a club/team… Read more »
Edu strikes me as the kind of guy who just can’t help himself
Guns
It’s a big no for Coutinho from me
Brilliant player, but missed most of last season through injury
I’m absolutely done with players on big money in the twilight of their career, and we shouldn’t be looking at loans
We need a core of players we can build around for the medium to longer term
Pedro do you still think we have money to spend ? Edu is a joke he should be swapped for overmars post haste
I am not so sure we have this massive budget to spend the season is drawing closer rapidly.
Hmmm
A luxury boat
Edu
Raul
Kia
Mojitos
Sangria
Cuban Cigarillos
Weed
=
Coutinho incoming
I think for sure Coutinho is coming… just feel it.
WE missed Buendia, Aouar, likely Ode
A cheap option would be a loan for Coutinho
MarcJuly 15, 2021 20:58:12
Rich
I still can’t get out of you what you think we’ll raise from sales and what you think out net spend will be?
Come on dive in Roy Keane style.
———–
Haha…. Expect a convoluted answer.Evading the tough questions in the manner of good ‘ole Boris Johnson.
Diving in Roy Keane style?
More like doing a Boris Johnson,when faced with the tough questions,such as:”Boris -How many children have you sired and from how many women?” Subsequently going mute and hot-tailing it to hide away in a refrigerated truck,when put on the spot.
https://www.youtube.com/watch?v=la-RWrjG7kg
Also Laca showed up to pre season, in his final year.
This is groundhod day again.
I think the club will try and sell him this summer. If so,Tammy A might work for us
Rich
“Net spend £100-£150 million”
Mate not sure whether to take the piss out of you “just say no to drugs” or take the piss that you don’t understand the meaning of net.
Not happening in a million years. And with Arteta at the helm we won’t spend that much net over the next 2 summer windows.
“A cheap option would be a loan for Coutinho”
Er we’d be picking up all of his wages and that’s 470,000 euros per week. So even a year loan would cost us 20 odd million euros.
Not what I call cheap.
I will be exceedingly surprised if our TOTAL spend this summer exceeds £150 million, which
would still be a record for the club.
The amount of sales is unlikely to exceed £50-60 million on current evidence. I think that we
will get out of Roma around £17 for Xhaka. Bellerin will be a struggle albeit that Inter will have
some budget having sold Hakimi for £54 million. Then I would expect Arsenal to generate some funds from Nketiah, AMN and perhaps Nelson.
Marc being optimistic, in your opinion how much do you think we will spend. I am of the school of thought that the 250 million that was put out there by the press is nonsense but surely the Kronkes must know that we can’t afford to lose more ground on the clubs above and around us. His investment will surely nosedive
Emirates So you still think our net spend will be in the region of £100 million? We lost in excess of £150 million last season (could be much much more) , £120 million the 4 previous seasons, are going into the new season with no European football (at least £30 million of lost TV revenue), ST income down by almost 20% and the threat of a 3rd COVID wave limiting crowd numbers (I don’t think that’ll happen). We seem to have a massive outbreak of psychosis on here. It’s like listening to the economists prior to the 08 crash telling… Read more »
What appears more important to the owners and management at Arsenal is the reduction of
our current wage bill.
If we offload Luiz, Bellerin, Xhaka and Kolasinac that will total around £400K a week and the
departure of the other players such as Odegaard, Ceballos, Guendouzi, Saliba and Torreira will
also reduce the payroll.
“Why is it that everyone thinks Spending is the solution, especially in positions that we are stacked.“ Why do some people think relying on players like Martinelli and Balogun is at all sensible? We have two senior strikers, both on massive money, both over 30. Next in line is a teenager. Selling a high earning player and replacing him with a much better profile of player would undoubtedly be of benefit to us both now and later. Seems the fashion on here is to sack off any sort of coherent investment and pretend all our answers are floating about the… Read more »
” …was super weird to block Pepe with Willian last season, but that’s what our esteemed boat enthusiast did.
”
Seriously, most media and interview quotes at the tiime suggest it was Arteta who wanted Willian.
Sure Edu did the deal I suppose but Arteta cannot be allowed to get away with yet another poor decision, on record.
Marc Our ability to bring players in, will be dependent on our ability to move players out I think KSE will invest, but first we have to make the space in our squad, and we also have to balance the wage bill It’s one thing to make a £200 million investment into the playing staff, but if that investment then gives us a huge surplus of players, and a wage to turnover ratio that’s unsustainable, then bringing in players becomes impossible Net spend doesn’t really mean anything anyway Ben White 23 £50million, £120k p/w 5yr deal = £81.2million Varane 28… Read more »
Johng
I think our net spend will be £20 – £30 million – we might splash and go 10 million higher but I don’t think people appreciate just how much we’ve been losing.
Right now the straight forward way of righting the clubs finances is slashing the wage bill and settling for 10th – 7th place taking in all that lovey PL TV money and gate receipts (they would reduce but we could half the wage bill or more).
Does anyone honestly think the Kroenke’s have the football nous to spend us back to competing?
Xhaka going to Roma for £12.8m plus £2.18m in bonuses so max £15m no one has money to spend except a few oil rich clubs.
Marc
Yes I do think that the Kroenkes are under considerable pressure to spend money this summer
and the funds will be found.
Arsenal’s losses last season are not £150 million as you suggest. The accounts have not been
published.
Charlie
Didn’t fat frank get Chelsea in the top 4 with kids after losing hazard?
Emiratessteoller
That only makes sense if you avoid to bring coutinho. That would be a suicidal signing.
Rich
What you’re saying has some logic to it but there are holes all over it. As I said above the easiest way to stop the losses is to tighten the belt. No guarantees that spending will do anything? How much have we spent since we dropped out of the CL places? Which is when our losses started – remember Josh saying “we’ve got a CL wage bill on EL income”? Well we don’t even have the EL income anymore.
Emirates
We lost £47 odd million in the previous set of accounts where we’d missed out on the revenue of 4 homes matches (of which many ST holders had already paid for). Last season we’ve lost £90 odd million in match day revenue if you don’t think we’ll show losses of £150 million or more? Really come one.
Useroz
I think that the driving force behind recruitment of Willian was Raul and shortly thereafter he
left the club, which suggests that maybe the Board were concerned about the deal.
Raul’s departure without any compensation smells of a similar story that occurred when Dein
left the club in similar circumstances.
Marc
You are making “assumptions” and not “facts”. Let’s wait and see how the accounts look before
stating facts.
Emirates
The £150 million losses might not be a fact but it’s a reasonable assumption that will have a direct bearing on what we spend.
“Didn’t fat frank get Chelsea in the top 4 with kids after losing hazard?“
Were Chelsea a bunch of kids plus Hazard before his sale?
Marc
You attach too much importance to the loss.
Arsenal is now a private company owned by KSE and the Kroenke family who are multi billionaires.
No-one likes to lose money. However, I would venture to suggest that Arsenal are far less
vulnerable in current climate than many other well known clubs.
The Kroenke family announced today that they are making changes to the way that the
club are run with a new advisory Board, which will include “Supporters” and that they are
in for the “long haul”.
That does not suggest to me a major crisis.
https://www.youtube.com/watch?v=avaSdC0QOUM
If we weren’t losing so much money what exactly was the £120m government loan for? And why did we have to take out a further loan to repay it?
The clubs dead
MarcJuly 15, 2021 22:31:45 Johng I think our net spend will be £20 – £30 million – we might splash and go 10 million higher but I don’t think people appreciate just how much we’ve been losing.Right now the straight forward way of righting the clubs finances is slashing the wage bill and settling for 10th – 7th place taking in all that lovey PL TV money and gate receipts (they would reduce but we could half the wage bill or more). Does anyone honestly think the Kroenke’s have the football nous to spend us back to competing? ——— I… Read more »
Marc
your math game is on point
You an accountant?
I will put money on a wager that Arsenal’s net spend will be significantly higher than £20
million.
The club will invest properly in the team this summer despite all the negatives posted on here.
Kroenke has made it clear that he is making a commitment to the club.
Emirates I’ve never said we’d go bust that doesn’t mean we’re going to spend big. As for having supporters advise the board – Christ Almighty. That 99.9% goes with having people who will tow the line – if it doesn’t who are the “right supporters”? Me – Sack Arteta he’s an abomination? Pedro – Give Arteta a contract for life he’s dreamy? CG – Put Wenger back in charge? Rich – Gives such a long convoluted answer that everyone in the room commits Seppuku? (Sorry Rich but I reckon you’ve enough of a sense of humour to go with it)… Read more »
SF
No I’m in Sales – the true saviours of business.
The M V Arsenal has been a rudderless boat since Captain Stan took over.
Marc
No you are being naive.
You keep on talking about Arsenal’s balance sheet.
Kroenke’s have invested over a Billion Pounds in buying Arsenal and are not going to allow
the club to go down the tubes.
So far their investment in the club is “peanuts” so spending money in the summer transfer
window when the market is depressed makes sense.
I don’t see you discussing the financial situation of Man Utd who are talking about spending
considerably more in the transfer window than we are discussing at Arsenal.
Marc Even with the COVID losses, KSE have made north of £800million from their 13 year association with Arsenal There’s no way they allow Arsenal to drift further, and see that equity stake wiped out, in fact I’d go as far to say, that there’s zero chance of that happening, particularly when they’ve currently got an out, which would see them pocket £800 million If they are committed long term investors like they claim, then they’ve got to improve the product on the pitch, it’s really that simple But we have to get the players out, because there’s no way… Read more »
EmiratesstrollerJuly 15, 2021 23:05:22 I will put money on a wager that Arsenal’s net spend will be significantly higher than £20 million. —– Between £20-£50 million net spend for this summer possibly. I’ll hold my hand up,if it’s more than that. ——– EmiratesstrollerJuly 15, 2021 23:05:22 The club will invest properly in the team this summer despite all the negatives posted on here. Kroenke has made it clear that he is making a commitment to the club. ——– Time will tell.You’re more optimistic than I am.. Here’s a link to Stan Kroenke in 2016 and Josh Kroenke in 2019 after… Read more »
Emirates I agree although I don’t believe it’s anywhere near what has been touted
Guns
“Marc
your math game is on point
You an accountant?”
Marc is a bagman for the north London Kroenkezee family. He counts money faster than money counters.
Emirates 1) ManU’s revenue is a lot higher than ours. 2) I don’t care if ManU goes tets up in fact I’d find it highly amusing. 3) As I’ve said Arsenal will not go bust but that doesn’t mean they have to spend huge amounts. 4) Spending makes sense? We spent last summer, the summer before and the summer before that. In fact we’ve spent a fortune and this will be not only our 5th season out of the CL but now we’re out of Europe all together. When is the benefit from all the previous spending going to kick… Read more »
Dissenter
Careful – some insults require a response!
When a market is depressed as it is now this is precisely the time when Billionaires and successful business start making investments. Abramovich is talking about spending over £100 million on Haaland and you can be rest assured that Man City will also be prepared to spend that sort of money on Kane. The owner of Aston Villa who is also immensely wealthy is prepared to spend serious money on buying players. £150 million spend for the Kroenke family is peanuts and he has absolutely no difficulty in securing loans. When he borrowed money on short term loan from Deutsche… Read more »
Rich
From the Kroenke’s perspective, Is Arsenal really drifting?
He spent about 1.1 billion GBP acquiring Arsenal and the club is easily worth 2X that within 12 years
That’s not a “drifting” investment
Guys just chill out a bit, Arteta said we will wim the CL.in 2023 so we just need to wait, surely all the 250millionshave been spent in bribing refs and VAR officials
Marc you saying Stan should sell? OR we need a better coach that gets results on smaller budget?
Rich
“Even with the COVID losses, KSE have made north of £800million from their 13 year association with Arsenal”
No they haven’t. It’s a paper gain it’s only money made if / when they sell the asset.
That’s like saying I was a millionaire yesterday because the Crypto currency I own 1 of was worth £1.5 million – problem is today it’s worth £0.15 today.
EmiratesstrollerJuly 15, 2021 23:18:23 Kroenke’s have invested over a Billion Pounds in buying Arsenal and are not going to allow the club to go down the tubes. —– Yeah,to the point,we’ve finished 8th for two consecutive seasons and are out of Europe altogether for the first time in almost 25 years. You’d think,with that type of investment over a significant period of time,they’d have course corrected by now and actually hired competent people within their management structure in place to mirror their investment in the club. Just look at Leicester or even Liverpool when the Fenway Group took over. And… Read more »
SF
Both for fucks sake BOTH!
The Kroenkes probably define success as Arsenal remaining in the premier league and winning the odd cup competition every 5 years.
Those cup competitions and the vibrant online presence of gooners helps to keep the club in the news.
Marc
“No they haven’t. It’s a paper gain it’s only money made if / when they sell the asset.”
It was paper money until someone offered to pay that much for the club. Not it’s real money that’s added to his financial worth and creates leverage for any financial transaction he engages in.
I think billionaires think about money differently from the rest of us. They don’t live in the moment, they can afford to live several steps ahead because today is fully taken care of.
I can see Ben White scoring 5-19 goals and making at least 15 -20 assists over the course of the next season
In Arteta, we trust.
Phd 2020
No-one disputes that Arsenal have been poorly run and Kroenke has clearly not understood
that operating a “self financing” model seldom works in football.
Leicester have done very well under their Thai owners, but they still failed in last two seasons to make top 4 and Champions League. They also lost 3-1 to Arsenal in the second half of season.
Liverpool are a well run club under Fenway, but they do not have the financial clout of Man
City, Chelsea AND Arsenal if their owners decide to spend money.
Dissenter We secured the new sponsorship + manufacturing deals around 3 years ago, and entered into them 2 seasons ago At the point of securing those deals, we’d been out of the CL for around 2 seasons, after 20 consecutive seasons taking part In around 2 years we’ll need to be in a strong position to secure at least the same deals as we have now, in a much more difficult market place post COVID Are Emirates who’ve had planes grounded, going to be keen to offer us the same money, with no European football? Let alone increases on what… Read more »
ES
Leicester has been overachieving fro 5 years. We cant compare to them, they are a very small club, they represent hot to.be smart in the PL.
While Kroenke represents “How to decline a big club in 3 steps. For dummies”
Rich
“I think they have to invest, but there’s no way they’ll run huge operational losses”
..and what do billionaires [especially American billionaires” do to operational losses from their businesses?
They write it off using all the numerous tax lop holes that were left in the tax code by their donkey politicians
I’m a 100% certain that the Kroenkes will have ways of writing off these losses. The system is rigged in their favor.
Then take what we can for our players if KSE is ready to throw some cheese our way
Fuck it sell Xhaka for 15m
Sell all the rest.
Get them off the books.
Then I want to see KSE throw down a 100M bill asap
Oh, by the way England lost!! Italy are the European Champions! This fact will haunt you English indefinitely, & no amount of distraction from the fact that England lost will change the fact 🙂
Dissenter
Assets minus liabilities, equals owners equity
Any losses the club currently makes, or any debts secured against the club, wipes out their equity stake
Unless of course the can increase the value of their asset, at a quicker rate than they can stack up the losses, and that unlikely when we’re currently sitting mid-table, dishing out drab football
Guns
From a business perspective, what returns would accrue from that 100 mill you’re talking about?
Football is not a profit making business, at best you break even or reduce your losses.
There are lots of ways a billionaire can make certain profit on that 100 mil you’re referring to, football ain’t one of them.
Dissenter
Ek offered substantially less than what the club is reported to be worth – in the region of $800 million less. The Kroenke’s would look at that as a billion made but $800 million lost.
“Leicester have done very well under their Thai owners, but they still failed in last two seasons to make top 4 and Champions League.”
It was only a few years ago that not being relegated was a good season for Leicester. Finishing top 6 is massive for them.
Rich That’s my point Even a midtable placement is a safe investment with no possibility of relegation and the odd FA cup win every 5 years is good enough for the Kroenkes His investment in the biggest London club in the richest and most marketable league is safe. We need smart management, not just an injection of big money We need a proper manager and an experienced DOF What’s the point of pouring money into a basket? Out transfer policy resembles a sieve, how can we be spending 55 million on a defender who has ONE year of premier league… Read more »
SAGG I don’t disagree with what you say. However Kroenke has a track record of not selling his investments and there is absolutely no evidence that he makes losses with his sports franchises. Football clubs may be considered by some who post on here as a normal business, but it is not. Most football clubs including heavyweights like Real Madrid and Barcelona are poorly run and loss leaders. Chelsea under Abramovich is rated a very successful club but it has seldom made a profit and the owner has pumped in well over a billion pounds in buying players. The debt… Read more »
EmiratesstrollerJuly 15, 2021 23:44:07 Come on now Emirates.. I don’t think I need to qualify your reply with examples of how Leicester -a vastly smaller club relative to ours based in the East Midlands have overachieved under the Thai owners-Winning the EPL in 2015/16,qualifying for CL campaign in 2016-2017 and qualifying for Europa in 2020/21 and 2021/22.Plus winning a FAC in 2020/21. All with a model that appears to be far more efficient on a smaller budget. And Liverpool’s win of the CL 2018/2019(reaching two consecutive CL2017/2018 and 2018/19 finals) & winning the EPL plus runners up in the Europa… Read more »
Marc
KSE paid £550 million to buy out the 30% stake of Usmanov in August 2018
That would have valued the club at just over £1.8 billion, and they paid roughly £1,050,000,000 for the total of their Arsenal shares
Since August 2018 when they took full control, we’ve dropped out of Europe altogether, and as you point out, run huge losses
Ekk reportedly offered £2.1 billion
Something is only worth what someone can afford to pay, and is willing to pay, but I don’t know where you’re getting a £2.9 billion valuation from
Diss
Investing is how to put a better product on the pitch which makes it easier for any coach to be frank. Unless said coach is an idiot… cough cough…
We dont have a world class players bar one or 2.
Imagine a team full of them? Wont come cheap tho
WInning on the field earns more money, more fans who spend $, sponsors who want to be part of it, it all adds up man.
WInning makes money.
The value of the team goes up…… perhaps that is what billionaire owners like to see. But that all comes with investment
Also in the right brass…. DOF etc
Rich
I quoted dollars but the value comes from Forbes back in April.
https://www.forbes.com/teams/arsenal/
Laca sold for 20-25m with Abraham replacing him for 30-35m is a no brainer. Not happy doing business with ‘them’ but they have cash anyway and if Flo comes good, we good. Edu swinging his balls around huh, the outrage is a lot tbf. I remember “thank you for your interest in our affairs”, boss talk. I’m under no illusions about the sea he’s been swimming in for some time, or how things work in that world. Don’t hate the player and all that. I’m sure Raul could pull some strings to make Edu’ life more difficult than it needs… Read more »
Dissenter If you’re right, and KSE’s plan is to position us as a mid table club, and are content with that, then that is absolutely bonkers I don’t buy that for one moment, Arsenal are currently a giant global brand, but there’s plenty of sleeping giants who’ve gone by the wayside Our status as the third biggest club in England is under threat, the game is now global, and has a potential market audience of over 4.5 billion people There’s no way KSE sit back and allow a whole generation of fans to buy City, Chelsea, Liverpool and United shirts… Read more »
Phd 2020 If you read carefully my posts I have acknowledged that Arsenal have been poorly run for a very long time even before Kroenke became the owner. However, there are very many clubs which are poorly run and spend money that they don’t have. I have highlighted the situation at Chelsea. They are of course very successful in their performance on the pitch, but the club is a loss leader in most seasons since Abramovich took over ownership. They seldom make a profit and rely on him pumping money to finance their transfer budget. In three of the last… Read more »
ES Yeah Kroenke never sells his sports franchises and he doesnt make losses (Financially) but all his franchises has Loser Records. Colorado Avalanche: 21 years as owner only 1 championship and it was in his first year as owner, that means 20 straigt years without title Rams: Owner 30% since 1995, 1 Super Bowl 2000. Full owner 100% since 2010. 21 stroght years without title. Colorado Rapids: Owner since 1995, 1 MLS title in 2010. Denver Nuggets: owner since 2000, No titles. Colorado Mammoth: Owner since 2003. 1 title in 2006 Arsenal: Became shareholder in 2007, got majority of shares… Read more »
Tammy A offers an aerial threat we dont have.
He up front will help our attack. we can actually cross to someone who can head them in
Kroenke owns
1 NFL team
1 NBA team
1 NHL team
1 NLL team
1 MLS team
1 PL team
He doesnt care about winning, not.an inch, he only loves assets value thats all.
“Laca sold for 20-25m with Abraham replacing him for 30-35m is a no brainer.”
For fucks sake – Laca has 1 year left on his contract and is on £180k per week. We’ll be lucky to get £10 million for him.
Half the people on here live in cloud cuckoo land.
SAGG
also credit he can get from banks to run said teams
Emirates
Abramovich ownership of Chelsea and the Kroenke’s ownership of Arsenal are 2 completely different things.
You cannot compare the two. You’re scrambling round for hope and reasons why we’ll spend big and everything will be alright.
You’re just lining yourself up for massive disappointment.
Marc
White £50 million
Lokonga £15mil
Tavares £7mill
Xhaka replacement £25mill
Attacking midfielder £40mill
Leno competition £10mill
That £147million, and the minimum I think we’ll do
The rest will be dependant on outgoings
SAGG
You have a fair point, but the debate by some posters is that the club does not have the resources to buy players and because it is assumed that we are making a huge loss last
season and not playing in Europe.
The facts are that if Kroenke “choses” to spend money in transfer market then he will do so
notwithstanding the club’s losses.
Let’s be clear this is a guy who spent a small fortune buying a yacht, one of the largest ranches in US and a prestige vineyard in Burgundy.
Rich
I don’t disagree with the requirement I just can’t see it happening unless Edu suddenly manages to sell a tonne of players for good money.
And I really don’t have any confidence in that happening.
“Let’s be clear this is a guy who spent a small fortune buying a yacht, one of the largest ranches in US and a prestige vineyard in Burgundy.”
Nothing to do with Arsenal what so ever. If that were true hedge funds would never break up companies and rich owners would never pull the plug.
Emirates – you are letting your heart rule your head and override your better judgement and common sense.