Leveraged Sellout - The Arsenal Finance Thread

Discussion in 'Arsenal' started by Rewinder, Sep 14, 2008.

  1. antifan

    antifan Member+

    Aug 14, 2004
    The Scottie
    Club:
    Arsenal FC
    Nat'l Team:
    United States
    I disagree with this. I believe that he was actually happy to lead the youth movement, as he knew that finances would be restricted and it gave him the chance to lead a great experiment. The experiment, although almost succeeding, ultimately failed and has been more or less abandoned.

    Now i'm not sure what he is doing, trying to blend teams together with veteran players who never made it to the top level and unproven youth? Is that something to see through? I don't know.

    I feel bad for the guy, i think he got into the whole stadium project because he wanted to level the playing field with the top clubs in Europe. As it turns out they have rocketed away from us farther than ever. He is tearing his hair out trying to cajole mediocre squads to finish in the top four so his paymasters can stockpile more cash. What i fear is that he will never get to spend it, and his eventual successor will blow through it in a few years, and be even less successful than Wenger was without it.
     
    Romfordray and Tonerl repped this.
  2. NorthBank

    NorthBank Member+

    Arsenal; NYRB
    United States
    Mar 29, 2006
    Connecticut
    Club:
    Arsenal FC
    Nat'l Team:
    United States
    Sadly that is a very reasonable fear, and if the bookies took bets on that I think the odds would be quite good.
     
  3. DaPrince84

    DaPrince84 Member+

    Aug 22, 2001
    MD
    Club:
    Arsenal FC
    Nat'l Team:
    --other--
    I dont believe that. What I do believe is that he is complicit in the lack of spending now (as well as just flat out bad buys like a Park, Marouane, and increasingly Gervais).

    When he built the Invincibles, he spent big money compiling that squad. And he has spent a lot on Gervais, Podolski, and Giroud.

    I really think another problem isnt just the spending, but the club hasnt done a good job at evaluating talent over the last 3 years.
     
  4. DaPrince84

    DaPrince84 Member+

    Aug 22, 2001
    MD
    Club:
    Arsenal FC
    Nat'l Team:
    --other--
    excellent point. I said this earlier to bigman, I dont think Wenger and co have a plan/vision with this group. It just feels like a bunch of disjointed players put together. We have this big target forward in Giroud, yet no one to send him crosses and it seems like no one on the team knows how to play with him.

    Because of no other creators, teams just crowd Santi now since its clear we have no other creative options. We are a team that wants to play wide, yet have no one that is really capable of it. Its a mess of a team, imo. Of all the things that bothers me, I think the lack of a real squad vision is what gets me the most.
     
  5. antifan

    antifan Member+

    Aug 14, 2004
    The Scottie
    Club:
    Arsenal FC
    Nat'l Team:
    United States
    I agree, it's similar to what i've thought of the Liverpool squads of the past. A group of good players, but thrown together with no rhyme or reason.

    As far as the spending goes, Wenger has been railing against the bubble in soccer for years, and has repeatedly predicted that it will pop. It still hasn't as of yet, but it seems to me the clubs strategy right now is to maximize profits while waiting for FFP to pop that bubble. It's not an unreasonable strategy, but it's hard to embrace, as it essentially has us treading water while waiting for other clubs to drown.
     
  6. darcgun

    darcgun Member+

    Jan 11, 2008
    Club:
    Arsenal FC
    Nat'l Team:
    England
    We as Gooners need to get real about Kronke.

    He's not going to be a Roman or Shiekh. they simply are using their clubs to make money quick. I bet even in Roman's case, he has so much money, that seeing Chelsea win trophies is kind of like self-actualisation for him. I know it may sound silly, but it's how I see it.

    Stan simply is using us as a cash cow. And as we've been a profitable club for a long time, that seems a sound investment. The only way I see this changing is if City, Chelsea, etc. go to far ahead, and he puts aside a £50 million fund every season to buy players.
     
  7. antifan

    antifan Member+

    Aug 14, 2004
    The Scottie
    Club:
    Arsenal FC
    Nat'l Team:
    United States
    Are you serious? How is dropping a billion into a club which loses 100 mil a year a way to make quick money? I'm sorry, but that is just a patently ridiculous statement.
     
    Tonerl and NorthBank repped this.
  8. NorthBank

    NorthBank Member+

    Arsenal; NYRB
    United States
    Mar 29, 2006
    Connecticut
    Club:
    Arsenal FC
    Nat'l Team:
    United States
    I agree. I chuckled when I read that post. (sorry Darcgun)
     
  9. thebigman

    thebigman Member+

    May 25, 2006
    Birmingham
    Club:
    Arsenal FC
    Nat'l Team:
    England
    Unless 100% of the earth buys a chav or city shirt, they are making a huge loss lol
     
  10. The Jitty Slitter

    The Jitty Slitter Moderator
    Staff Member

    Bayern München
    Germany
    Jul 23, 2004
    Fascist Hellscape
    Club:
    FC Sankt Pauli
    Nat'l Team:
    Belgium
    The data doesn't support that.

    The talent policy massively overperforms on each pound spent.
     
    Tonerl repped this.
  11. The Jitty Slitter

    The Jitty Slitter Moderator
    Staff Member

    Bayern München
    Germany
    Jul 23, 2004
    Fascist Hellscape
    Club:
    FC Sankt Pauli
    Nat'l Team:
    Belgium
    I think that lack of honesty is precisely the point you've raised.

    Arsenal is never going to catch up to Utd barring some massive change in the rules.

    In fact I predict Utd will continue to pull away - as essentially england is now a one club league.

    The only teams that will compete are ones that have massive financial inputs - but even then i doubt they will break even. But that may not matter to operations that are much bigger than simply football - as there are lots of synergies - and football can be viewed as their brand building activity.

    I think Wenger is the one who has spoken the truth - its just fans don't want to hear it.

    Best Arsenal can hope for is qualification.
     
    Lemartes, hughmanatee and Tonerl repped this.
  12. DaPrince84

    DaPrince84 Member+

    Aug 22, 2001
    MD
    Club:
    Arsenal FC
    Nat'l Team:
    --other--
    i don know what data you are talking about, but what I see is some bad buys, especially at the forward position.
     
  13. Rewinder

    Rewinder Member+

    Jun 24, 2004
    Club:
    Arsenal FC
    I'd take it further back than 3 years. Based on the numbers on transferleague, when was the last time we paid below fair value for a player? Who was the last player we bought (not counting those who have yet to make it, like Joel Campbell), who will be sold for a profit? You would have to go back to 07/08 when we signed Nasri for a fee that was very likely to be less than his resell value, and Sagna was the last true bargain.
     
  14. mebeSajid

    mebeSajid Member+

    Feb 16, 2009
    Atlanta, GA
    Club:
    Arsenal FC
    I'd say we got Cazorla for below market value. Oxlade Chamberlain will likely be a bargain too: also Arteta and Mertesacker.
     
  15. The Jitty Slitter

    The Jitty Slitter Moderator
    Staff Member

    Bayern München
    Germany
    Jul 23, 2004
    Fascist Hellscape
    Club:
    FC Sankt Pauli
    Nat'l Team:
    Belgium
    LOL

    Arsenal bought Arteta at basement prices who then performed at elite level.

    But this isn't even arguable. Numerous teams have outspent Arsenal in the over the last decade.

    Wenger gets best return in terms of points per £
     
  16. DutchCane

    DutchCane Member+

    Apr 6, 2004
    New York, New York
    Jitty is correct. Wenger outperforms based on dollar for dollar expenditure.

    DaPrince,

    We have a bunch of players thrown together with no rhyme or reason as we've discussed. Look at Ajax they're spending £4 million on their starting lineup yet beat City. We can't even beat City lol

    Jitty,

    Manutd just bought out their training kit deal and are angling for a HUGE deal from Nike. I've read that they want to increase on the £500 or so deal they are in that will end shortly. Furthermore we're supposed to sign a £25 mill annual deal with Adidas lol. We can't compete. Manutd is the defacto English national team and will continue being so. Waiting on FFP to kick in is folly I expect no trophies anytime soon.
     
  17. lamb

    lamb Member+

    Sep 3, 2004
    Larne, N.Ireland
    i've always liked arteta, but £10m for a player 7 months off his 30th birthday was far from a basement price.
     
  18. DaPrince84

    DaPrince84 Member+

    Aug 22, 2001
    MD
    Club:
    Arsenal FC
    Nat'l Team:
    --other--
  19. DutchCane

    DutchCane Member+

    Apr 6, 2004
    New York, New York
    I still cannot believe they sold RvP to Manutd. I understand selling him they aren't about actually winning but I mean talk about pissing in the face of your fans by selling him to United. That's just blatant. That's just like hey I'm going to come into your house and defecate in your morning cereal and tell you it's chocolate fudge and you will like it. Oh and I'm going to charge you more for that breakfast as well.
     
  20. NorthBank

    NorthBank Member+

    Arsenal; NYRB
    United States
    Mar 29, 2006
    Connecticut
    Club:
    Arsenal FC
    Nat'l Team:
    United States
    I *would* like to know how Gazidis salary/bonus compared to other chiefs in the league, especially ManU, ManC, Chelsea, Liverpool, Spurs. Anybody got this info handy? (assuming it's all public domain)
     
  21. lamb

    lamb Member+

    Sep 3, 2004
    Larne, N.Ireland
    i'll start you off.
    in the year to may 2009, gazidis was paid £667,000 in total.
    in the year to may 2010, gazidis was paid £1,818,000 in total.
    in the year to may 2011, gazidis was paid £1,729,000 in total.
    in the year to may 2012 , gazidis was paid £2,150,000 in total.


    btw. i see in the arsenal email that we are going to the far east, yet again, during pre-season.
     
    red & wite army repped this.
  22. mebeSajid

    mebeSajid Member+

    Feb 16, 2009
    Atlanta, GA
    Club:
    Arsenal FC
    WTF? Come to the US. It's a much more lucrative market.
     
  23. kanonier

    kanonier Member+

    Nov 7, 2005
    Bloomington, Ind.
    Club:
    Arsenal FC
    I don't understand why they won't.
     
  24. NorthBank

    NorthBank Member+

    Arsenal; NYRB
    United States
    Mar 29, 2006
    Connecticut
    Club:
    Arsenal FC
    Nat'l Team:
    United States
    Wow, that's obscene. But I suppose this is "collateral damage" from the ridiculous salaries that athletes make on elite sports teams.

    Still I'd like to know how this compares to his counterparts at ManU, Liverpool, Tottenham (and I suppose ManC & Chelsea too... although I wonder if those 2 are outliers b/c of their deep-pocketed owners)
     
  25. antifan

    antifan Member+

    Aug 14, 2004
    The Scottie
    Club:
    Arsenal FC
    Nat'l Team:
    United States
    http://www.goal.com/en-gb/news/2896...manchester-uniteds-david-gill-is-highest-paid
     

Share This Page