We left the championship as a poorer
club than the debt - ridden one that entered it not just four years previously.
Not exact matches
How many
clubs have spent millions more
than us, hundreds of millions in fact, whilst we've been laden with the
debt of a new stadium?
And based on what i see here, some ppl are actually happy about where the
club stands right now, incase of moving forward, some are ok with not having any
debts than actually winning the league and spend more even before, still now.
According to the study that was just recently conducted by the Soccerex Football Finance 100, which ranks the world's top teams based on both their playing and fixed assets, money in the bank, owner potential investment and
debt, Arsenal has more financial power
than those big
clubs:
The
club needed to compensate for the huge
debt they had racked up and Cazorla was seen as more dispensible
than their other star player, Guiseppe Rossi.
you can google and see it for yourself more
than 10
clubs that build a stadium and at the same time winning major trophies at home and in europe... its not like we finished our
debt or we couldn't have afforded to keep our players, we could have but then our bank balance wouldn't be 300m euros....
The stadium
debt was obviously a big priority for the
club, and the transfer movements made in that time were more relevant to a mid-table
club than one challenging for the title.
And i think he will go for less
than that as the
club is in massive
debt, Portuguese
clubs always put a huge buy out in before selling for less.
Well to a point they are right, maybe we are luckier
than your average PL
club, but then we are NOT your average PL
club, we are charged the highest ticket prices of any
club in the EPL for starter's and we are now apparently
debt free and according to certain sources inside the
clubs Hierarchy can buy any player we want, in short we are financially as big as any of our competition with regards to the ability to buy in top quality talent, and while we don't have the money to burn that Man city or Chelsea have we are in a position to spend more and spend it more often as long as there is a degree of prudence.
just reading around and all if not most rags are saying our net spend is # 46 million how can they tell that when they do nt even know what our real budget is if it was # 100 million then we are in profit by quite a bit i do nt really know what they base there assumptions on this is where you could do with swiss ramble to dissect what really was spent from what i could see most of our 5 transfers were covered by out goings and c / l monies earned debuchy - vela deal, chambers - vermalen deal, ospina - cesc and miquel deals sanchez c / l monies and other monies recovered from wages and old installment based deals this is the same with welbeck i would imagine if not then poldolski will be sold in jan to cover this as i think he was going to be sold and this would have covered welbecks transfer more or less also and people do nt always realize that arsenal have money coming in from more
than one source to cover transfers not just puma and emirates deals we have property arm of the
club which makes money for transfers also outstanding
debts we are owed of old transfers we receive each year on song cesc maybe van persie and all other structured deals in installment payments sales we just flogged miquel as an example and all the monies from released wages and youths sold its a bit to complex to just say we have a net spend of xyz when arsenal do nt even make the budget public so they have no starting point from which to go from i bet you we have broke even or even made a slight profit as we are self sustaining it would make sense that we can break even or at least make the net spend under # 10 million each year at least screw then all we are the arsenal we do thing our way
Its not about the money he takes out of the
club or that he doesn't invest, being self sufficient is not a bad thing to be... its certainly better
than being loaded down with
debt like some of our rivals owners have done to their
clubs.
But Il Sole reported that within the last financial year, the
club's total
debt has risen to 637.56 million euros, which is almost 150 million euros more
than the previous year.
3) Stan has made it perfectly clear that he is only keen on his own personal rewards from the
club 4) Usmanov is richer
than Stan and Abramovich and is prepared to spend the money the team needs to succeed 5) Man U are in far more
debts than Arsenal but are still far richer, why?
We may be # 700 mill in
debt and have no money to spend but we will still win more trophies
than you over the next 5 years, as you are no more
than one of feeder
clubs!
The
club even managed to pay off a hefty chunk of what they owe, bringing the
debt down from more
than half a billion to # 439 million over the course of 2011.
Any
club in
debt that spends more
than 5.9 million euros on a foreign player - or 2.6 million euros on a domestic player - would have to pay the same amount to a government - run football development foundation under the control of the CFA.
While queuing to enter the Emirates I met an AAA who preferred to have a
debt ridden
club with trophies rather
than a stable
club with 4th places.
Their only hope is to sell the
club to some one else for more
than they bought it for and pass on the
debt or help pay it off with the sale.
Rather
than steering money to his friends and family
club, how about paying off all the
debt of Western New York municipalities?
Alia Dudum of Lending
Club sheds some light on current economic conditions with a couple of solutions for managing
debt and investments, «Our generation has a completely different relationship with money
than our parents or grandparents did.
You have good control on your
debt, and most passive investments pay jack (though Lending
Club might be a bit better
than most).
And though its declining fee structure means investors pay the heftiest fees in the beginning, Lend Academy's calculations show Prosper's fees are lower
than Lending
Club's when borrowers repay their
debt during the first half of the loan period.
In the event of the dissolution of the
Club, other
than for purpose of reorganization, whether voluntary or involuntary or by operation of law, none of the property of the
Club nor any proceeds thereof, nor any assets of the
Club shall be distributed to any members of the
Club, but after payment of the
debts of the
Club, its property and assets shall be given to a charitable organization for the benefit of dogs, which organization shall be selected by the Board of Governors.
In the event of the dissolution of the
Club, other
than for purposes of reorganization, whether voluntary or involuntary or by operation of law, none of the property of the
Club nor any proceeds thereof nor any assets of the
Club shall be distributed to any members of the
Club but after payment of
debts of the
Club, its property and assets shall be given to a charitable organization for the benefit of dogs selected by the Board of Directors.
(d) Obligations other
than dues are considered a
debt to the
club and must be paid in full prior to resignation.
Obligations other
than dues are considered a
debt to the
Club and must be paid in full prior to resignation.
In the event of the dissolution of the
Club, other
than for purposes of reorganization, whether voluntary or involuntary or by operation of law, none of the property of the
Club nor any proceeds thereof, nor any assets of the
Club, shall be distributed to any members of the
Club, but after payment of the
debts of the
Club, its property and assets shall be given to a charitable organization for the benefit of dogs selected by the Board.