"Stadium debt" refers to the money that is owed by a sports team, organization, or a local government as a result of building or renovating a stadium. It is the financial obligation to repay loans or bonds that were used to finance the construction or improvements of the sports facility.
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Few years ago he was saying once we
pay stadium debt we will sign best players in the world and compete with the best.
Fans accepted selling best players and top four finish
when stadium debt had to be paid off.
In some ways you would have to agree with this (then again its not easy when you have to sell your best players to pay
for stadium debt).
He chose to stay at arsenal, knowing that we would be paying
off stadium debt and having to sell our best players.
I had assumed that
now stadium debt is substantially paid off and we do not have to sell our best players that the aim would be to win the PL 3.
Years gone by, players have come in and gone out, faculty changes, different excuses have been thrown in (
stadium debt etc.) but one thing has not changed.
With arsenal the management in the past talked
about stadium debt, now it is the self sustaining model.
So any austerity imposed by the
new stadium debt will, at most, mean business as usual.
After we have no
more stadium debt, after spending so much on the transfer market and sweating for top 4.
Note —
stadium debt above refers to the high interest loans not the long term low interest loans which are still there.
We were aware
of stadium debt well before that, & well after that - and frugal in the transfer market before and after he joined:.
I looked forward to the day
when stadium debt would reduce and I could spend money on players and start winning.
Fact: transfers after Gazidis came to Arsenal was of a lesser quality
until stadium debt paid off.
The fact that it has been going on for so long and that the improvement we all hoped would come after the
Emirates stadium debt repayment eased enough to give Arsene Wenger a good transfer budget has not come, but instead we seem to have moved further from the EPL title and European glory, has made the calls for the boss to be replaced all the more loud and the fans more united than ever.
But u cant conveniently ignore the
massive stadium debt that limited us financially for a good 7 - 8 years.
If you could think for youself then you would of realized that Wenger and Dein bought in quality and Wenger on his own spent the cash to buy in players... even though we had
stadium debts at the time, Wenger still broke Arsenals own transfer record.
The reason why Wenger has been able to stay at arsenal for so long is because he is a demagogue, he gives excuses that the majority believe
like stadium debts, FIFA fair play, youth development, refs and what not.
I would rather the club just came out and said, he have a huge
stadium debt which we are gradually erasing and that for the next few years the club policy is to be extremely careful and therefore our expectations should be lowered.
The club have no doubt identified that as the main issue in the last 3 - 4 years
post stadium debt and the only way to improve short of injections of millions from Kronke.
Then along came kroenke, saw high ticket prices, waiting list for season tickets, acceptance by fans of the top four model and
stadium debt reducing and becoming more manageable.
on another matter does anyone know if it possible for one of the shareholders to set up an external holdings company and transfer
arsenals stadium debt to it and take off the debt from the clubs books officially so we are debt free moving on.
Lets put the years of paying
stadium debt aside for a second, Wenger is the one manager I do nt understand — the guy is prepared to lose the title than change his way.
Arsenal may have had to keep finances tight in the past whilst we were paying off the club's
stadium debt on the Emirates, but now that the debts are completely repaid, it leaves Arsenal in the position to spend with no restrictions.
Whilst we were paying off
stadium debt top four finish was vital, otherwise we woud have to sell even more players.
Wenger and Gazidis: Bargain buys until
stadium debt largely gone and then Gazidis offers # 40mil and # 1 for Suarez... Try to blame Wenger and I will call you ignorant unless you show some form of evidence to back up the ignorant claim.
Its now obvious the ambitions of our darling club; I mean this time there isn't any excuse; we paid
d stadium debt, we qualified for CL.
i do nt mind if he puts together a interest free financial package, to wipe out the remaining
stadium debt form the club in return for a slice of 30 % of the shares.
I am not going to go into detail, but it should be common sense that during those years — we had
initial stadium debt and every season our best players leaving — forcing Wenger to have to rebuild his squad every new season.
We know he forced Wenger to sell our best players to
service stadium debt, when it wouldn't have been a big deal deal to him to finance that, at least as a loan.
As for Wenger never spending big... Funny how Arsenal broke their own transfer record while having
stadium debt before Gazidis arrives and since he came we just didn't compete and even missed out on getting Cazorla 12 months earlier because of a couple million...
Prior to Ozil the last record signing was done a couple months after Gazidis joined and paying
for stadium debt....
Not only has Arsene Wenger finally had some decent money to spend in the transfer market following the
Emirates stadium debt being paid off, but our big spending rivals Chelsea and Man City have had their wings clipped a bit by the Financial Fair Play rules that UEFA brought into action in 2009.
The manager only knows how to make the team achieve results that were expected when we were
in stadium debt, even hough we're no longer financially restricted he's still stuck in that mentality of «we can keep losing games as long as we don't lose top 4».
Having experienced austerity measures before pretty much the rest of the entire world, in terms of ticket prices being raised, our best players being sold and not really having much of that money being put back into the club... to pay off the
massive stadium debt we owed.
I think us fans have accepted top four
whilst stadium debt was forcing us to sell our best players, expecting things to get much better as the burden of the debt eased, as is the case now.