Ricardinho
La Liga Correspondent
BigPoppaPump so determined to see this fail. Makes you think.
BigPoppaPump so determined to see this fail. Makes you think.
We have spent the money we’ve earnt, no more. Our cash balances haven’t dipped below £200m for years, just once in the last five or so actually. This is fine in a climate where we can continually raise our income via sponsorship deals, CL participation etc but the major problem in the last two seasons have been lack of CL revenue.
It’s clear that the Board (and I’m assuming by extension Kroenke) does not want our cash reserves to dip below £200m for whatever reason. I can say this because of what I pointed out above. What we’re seeing now is the Board trying to manage our cash reserves not falling below some arbitrary figure (my guess is £200m) and thus we have this pitiful “£40m transfer budget” when ideally we need to replace half the team.
What does this have to do with Kroenke? Well SwissRamble’s thread laid it out bare.
These two decisions were a result of keeping a charlatan like Gazidis on as CEO. If Kroenke even had a modicum of interest in Arsenal then Gazidis would have been sacked ages ago, well before this rot would have reared its head. What we’re seeing now is a decade of financial mismanagement under the stewardship of an owner who simply doesn’t care.
- Our commercial income became a joke
- We “held our powder dry” in a climate where transfer inflation erased our spending power
Wenger was clinging on as long as he could. Let’s not act like he walked away now.He does care and things are exactly how he would like it. Gazidis was a valued employee who kept getting raises because he kept cash reserves high allowing Kroenke to borrow against the club at lower rates. He's ok with us being a top 6 club, as long as the balance sheet looks good. No wonder Wenger didn't want to have anything to do with the club anymore.
The only way we can breakout of this vicious cycle is to go full on Kroenke OUT! Not only will this bring him negative attention, but a toxic atmosphere will help the club fall out of the top 6 and force him to sell.
I'm just ridiculing it, it's not gonna make a change and people don't know what they want from Stan and co.
Wenger was clinging on as long as he could. Let’s not act like he walked away now.
“I understand that the fans just want us to spend money, but frankly that’s not their job. Their job is to come and cheer us on the pitch.- Josh Kroenke
He's right, though. Arsenal is a business foremost and the fans can't have a say in how the money is spend.
Would you expect consumers to have a say in how Apple is run just because they have bought an iPhone.
He's right, though. Arsenal is a business foremost and the fans can't have a say in how the money is spend.
Would you expect consumers to have a say in how Apple is run just because they have bought an iPhone.
Consumers have a say? You guys agreeing with Josh must be still living in 20th century. The world is pretty much build on co-creation, and communication between stakeholders, and as consumers/fans/stakeholders we're the most important part of the club, without us it wouldn't exist.
Saying that the fans' job is just to cheer is pretty f*cking filthy and disrespectful by that scumcunt, Josh. If the fans feel that the club isn't where it should be at the moment then they have every right to voice their frustrations.
And "frankly" Arsenal fans have had patience for 15 freaking years, and after years of stagnation we've now reached a point of regression on and off the pitch. There's every right to point fingers at the owners, it was easy to blame Wenger in all those years but now that he's gone, the owners have nowhere to hide.
Consumers have a say? You guys agreeing with Josh must be still living in 20th century. The world is pretty much build on co-creation, and communication between stakeholders, and as consumers/fans/stakeholders we're the most important part of the club, without us it wouldn't exist.
Saying that the fans' job is just to cheer is pretty f*cking filthy and disrespectful by that scumcunt, Josh. If the fans feel that the club isn't where it should be at the moment then they have every right to voice their frustrations.
And "frankly" Arsenal fans have had patience for 15 freaking years, and after years of stagnation we've now reached a point of regression on and off the pitch. There's every right to point fingers at the owners, it was easy to blame Wenger in all those years but now that he's gone, the owners have nowhere to hide.