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| I and the rest of the Arsenal faithful want answers | |
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| Tweet Topic Started: Sep 5 2012, 03:12 AM (237 Views) | |
| Homer | Sep 5 2012, 03:12 AM Post #1 |
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I am the King
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How can one of the biggest clubs in world football on and off the pitch calim to have little money to spend? Man Utd are 700m in debt but are still able to pay enormous transfer fee's and pay players wages up to 220k per week.........why can't Arsenal even pay above 80k a week? Every summer Arsenal should be losing huge amounts in order to compete i.e say there is a 40m transfer budget then why do we have to sell players in order to buy? why is Arsenal the only club in the premierleague to make profits? What happens to the hundreds of million we make from selling on players? why is at least not some of it invested into the squad? Why is it impossible for the club to spend above 15-16m on players........why not an extra couple of million to 22-24m? Arsenal made a huge fortune selling the Highbury square property........... Why are Arsenal a selling club? big clubs are pro-active in the transfer market and big clubs dont sell their best players every single summer I have many more questions but right now lets do with some of the basics |
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| Homer | Sep 5 2012, 04:29 PM Post #2 |
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I am the King
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27 VIEWS AND NO ANSWERS |
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| DaG | Sep 5 2012, 04:31 PM Post #3 |
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Top Button Wanker
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And rightly so, it's a rubbish thread. I've already answered the questions several times in various other threads over the last year.
Edited by DaG, Sep 5 2012, 04:32 PM.
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https://twitter.com/mediocentroEN | |
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| Homer | Sep 5 2012, 04:32 PM Post #4 |
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No you haven't |
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| AntMcfc | Sep 5 2012, 04:36 PM Post #5 |
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POTY
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I'm not prepared to answer questions about Arsenal. |
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| Homer | Sep 27 2012, 04:14 PM Post #6 |
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I am the King
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Arsenal report pre-tax £36.6m profit – but wage bill rises to £143m • Chief executive Ivan Gazidis says club is 'strongly placed' • Says club will comply with Uefa's financial fair play rules Ivan Gazidis maintains Arsenal's latest set of financial results show the club "can and will forge our own path to success" after they posted another healthy pre-tax profit. The Arsenal chief executive revealed a group profit before tax of £36.6m for the year ending 31 May 2012, up from the equivalent 2011 figures of £14.8m. They could not, though, escape an increase in wages from £124m in 2011 to £143m, which represented 60.9% of the club's football revenues. The parent holding company's overall turnover was £243m, down from £255m mainly because of reduced property sales, with a rise in revenues to £235.3m from £225.4m. "Cash and bank balances" stood at £153.6m, slightly down from a year ago, with net debt stable at £98.9m, most of which is tied in with the long-term mortgage following the club's move to the Emirates Stadium. Gazidis feels this all puts Arsenal in good stead to fulfil Uefa's financial fair play guidelines for clubs to live within their means. He said in a statement: "Clubs, fans and other stakeholders in the game are demanding a more rational financial approach and this reinforces our conviction that our club is strongly placed to succeed over the long term. "We have qualified for the Champions League for the 15th season in a row whilst off the pitch we have a business strategy and infrastructure that is helping us to grow our revenues. "This revenue growth will provide sustainable funds for future investment in the team whilst keeping within the Uefa Financial Fair Play requirements. We can and will forge our own path to success." Arsenal's latest results incorporate the sales of Cesc Fábregas to Barcelona and Samir Nasri to Manchester City last summer, which helped make a profit from player trading of £26m. The Gunners will have been further boosted in the next set of figures by the £24m sale of their former captain Robin van Persie to Manchester United and Alex Song's £13m move to Barcelona – although that will be set against the summer signings of Lukas Podolski, Santi Cazorla and Olivier Giroud, who scored his first Arsenal goal in Wednesday night's Capital One Cup win over Coventry. There is also around £26m of further property sales from the Queensland Road development to take into account in future figures. Edited by Homer, Sep 27 2012, 04:14 PM.
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| DaG | Sep 27 2012, 04:18 PM Post #7 |
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Top Button Wanker
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Great news, but we still aren't profitable when you exclude player trading. Once 2014 comes, that 'void' will be filled by the new shirt deal, and quite feasibly we'll even make more with other commercial deals. We'll be able to increase the top of our wage structure.
Edited by DaG, Sep 27 2012, 04:18 PM.
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https://twitter.com/mediocentroEN | |
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| Homer | Sep 27 2012, 04:23 PM Post #8 |
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Our transfer business has to change as well in the sense that we can from time to time go above that £15m mark |
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12:14 AM Jul 11