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Arsenal's financial Issues
Topic Started: Jul 21 2009, 11:21 AM (106 Views)
akuta
Sausage Warrior
Firstly i'd like to make it understood that this is by no means taking the P*** out of the gunners, i'd just like a more indepth understanding of why they are no better in the transfer market (in terms of spending power) than the likes of everton, fulham etc?

This is an excerpt from my previous topic on the Fergie Q&A.


Quote:
 
Anyway…Will it be the same top four again in the Premier League or has it become a top three with Arsenal losing Emmanuel Adebayor to City?

SAF: Arsenal have got the biggest test to be where they want to be, I think. I know that Arsene Wenger doesn’t have any money, I know that. I think that selling Adebayor — well, whether he can use that money is another question.

There seems to be evidence that he can’t use the money, I don’t know. I think they’re struggling cash-wise. It’s a big test for Arsenal.

Why does Wenger stay?

SAF: I think Arsenal is his club. He has built it in his image and it’s hard to leave it. He will never have the time to rebuild another club like Arsenal if he went off elsewhere.

He realises that at his age. He could have gone to Real Madrid, but is Real Madrid his kind of club? I don’t think so.


Even fergie knows that the cash is not available to wenger even if he wanted to buy big names..

Why?

Is it because of debts (which frankly every other club has and arsenal seem to have more than most or maybe its the way their debt is structured, that might be the problem) and tbh arsenal are raking in more than the average team (gate takings are waay more than the average team, brand name is more expansive and globally recognised than the likes of everton and aston villa, shirt sales in all likely hood would be probably double, triple or in some cases quadruple some of these other midtable teams)

Or might it be because the team have too many board members that are only concerned about lining their pockets, than with the clubs trophy cabinet?

So why is Arsenal FC run like its a midtable team and if you are well and truely struggling like the link i will post below suggests, why dont you sell the club? Surely the survival and maintenance as an elitist team is more important than the notion that "we dont want any rich bloke owning us"

Click on the link if you want to read more about arsenals struggles
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2009/07/ive_obtained_a_copy_of.html
Edited by akuta, Jul 21 2009, 11:23 AM.
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flak
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It's nearly Christmas
Still struggling from the purchase of the stadium is all that I can think of if it's not the board making the money dissapear. I'm not sure if they have sold all of those flats yet which they built on the old site.
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akuta
Sausage Warrior
which means the structuring on the deal for the stadium was poor and they are paying back more than the club is comfortable doing.. which means they favour an early repayment strategy over a more long term comfortable one which would see more cash available to them
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flak
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It's nearly Christmas
That's probably because the sooner they pay it off, the less interest they have to pay out so more money available in the future?
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tebroc
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Beetlejuice's Body Double
arsenal have never spent loads on players though (with the odd exception). i think maybe they will struggle more in the next few years without a bit of money either injected of free'd up from the stadium especially with the money potential rivals have got now.
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TheReturnOfTheKing
Definitely NOT a Terrorist
its the shareholders taking out so much dividends. they make more money even with their debt against every team apart from united yet they dont spend anything

the board are to blame who are just using the club to get rich
no
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Dotty
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Stuck up bastard
LFC19TITLES
Jul 21 2009, 07:57 PM
its the shareholders taking out so much dividends. they make more money even with their debt against every team apart from united yet they dont spend anything

the board are to blame who are just using the club to get rich
Considering that Arsenal have one of the biggest in terms of debt, it could be this. They do have a new stadium to refinance and all.
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