tag:blogger.com,1999:blog-487486960623783530.post665812446397806899..comments2024-03-27T10:38:08.826+01:00Comments on The Swiss Ramble: Arsenal - Brass In PocketThe Swiss Ramblerhttp://www.blogger.com/profile/11423088862174893998noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-487486960623783530.post-37221106746357247612016-06-07T14:07:50.703+02:002016-06-07T14:07:50.703+02:00Swiss, you mention that "we can say with some...Swiss, you mention that "we can say with some conviction that Arsenal should have around £100 million to spend in the summer on improving the squad."<br />What is the meaning of this "£100 million to spend"? Does it mean<br />A) Arsenal now earn so much that we can consistently spend £100 million every season, or<br />B) As a result of Wenger hoarding for so many years, we now have £100 million to spend. But if we spend them all in this year, we would have little money left next year on.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-8282303062731963742016-05-13T10:02:31.245+02:002016-05-13T10:02:31.245+02:00Swiss,
I hope this question isn't too simplist...Swiss,<br />I hope this question isn't too simplistic.<br />Everyone highlights the cash reserves of £250m, but ignores the gross debt of £232m. Given that football operations are likely to break even over the long term, and the club has relativly few property assets left to sell, isn't this just prudent? The best use of the cash would be to pay down the debt.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-81498205256161804002016-03-01T10:12:23.789+01:002016-03-01T10:12:23.789+01:00One more season - at best. Maybe the truth will co...One more season - at best. Maybe the truth will come out after he's gone. We'll see.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-73694710139746290362016-03-01T08:57:45.065+01:002016-03-01T08:57:45.065+01:00I am not sure the part above on Champions League T...I am not sure the part above on Champions League TV Money is at your usual level of 100% perfection. I found it a bit difficult to follow. <br /><br />Maybe Wenger has been anticipating this fall in the oil price all along. Prices for "top top quality" could be lower in the summer... Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-54423738411983116592016-03-01T02:47:26.398+01:002016-03-01T02:47:26.398+01:00Arsenal must sign world class players, if wenger h...Arsenal must sign world class players, if wenger has to say that man u spend a lot during summer or windows transfer, with childish scout players, think this a big shame for the club like arsenal. As far as arsenal fan concern, you must respect your fans feeling. Arsenal bord members and manager arsen wenger are frustrating their fans feelings, and no club can do without a fans, we are the pride of the clubs, we are the root of any investing. Without fans in the you cant invest. Bringing world class player, I think is the must propper investment. Bring out that childish players, like wall coat, ramsey,giroud, flamini and per. Bringing world class. You will succeed in every bussness you have floted.Anonymoushttps://www.blogger.com/profile/13759617581026405647noreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-79151131608940604432016-02-29T23:22:23.875+01:002016-02-29T23:22:23.875+01:00It's worth pointing out that having large cash...It's worth pointing out that having large cash reserves means you can pay for an entire player up front, a huge hand in negotiations. Indeed it's the only way we got Ozil in one day, Madrid needed £42.1m in cash immediately and we were able to do it.<br />It also means you'll pay less overall than if you amortise the transfer fee in installments.Aranhttps://twitter.com/Ario_92noreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-36232993181668512172016-02-29T21:17:09.393+01:002016-02-29T21:17:09.393+01:00There is an old saying 'speculate to accumulat...There is an old saying 'speculate to accumulate' or buy the necessary players to improve our chances of winning competitions and then see the rewards in the commercial revenue - no I don't expect him to blow all the cash reserves but he could have purchased elneny in the summer so that, like chec, he could have contributed more to this season!!! I also think he could have found a decent forward option that would have been better than Walcott and the ox combined!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-85681948579950030742016-02-29T18:40:53.731+01:002016-02-29T18:40:53.731+01:00I agree completely. To ramble about not finding th...I agree completely. To ramble about not finding the talent, and then signing El Nenny, Gabriel, Chambers, Debuchy all of which didn't improve the team at all. Wenger then gets unexpectedly saved by two forgotten loanees and a goalkeeper (a position which he vastly ignored since Jens Lehmann, and only conceded how important it is since signing Cech). A PL season where all the big clubs failed miserably will now go to Spurs who have a proper manager that didn't need 10 years and big signings to mount a proper title challenge, playing beautiful football, dominating every single opponent and fighting hard for every ball. (or Leicester)<br /><br />Wenger has been on a decline since 2006. and although we are in the best position for quite a while, this will be the biggest failure of his Arsenal career, and one that, hopefully, leads to his resignation.Anonymoushttps://www.blogger.com/profile/15402489006402601660noreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-61821712425084698422016-02-29T18:33:10.199+01:002016-02-29T18:33:10.199+01:00There's money to spend...because there has alw...There's money to spend...because there has always been money to spend, but every year you don't spend it, the time value of money, the relative wealth of your competitiors and FFP's rule eat away at your capacity to spend. But what we do have is a nice mountain of cash to boost the Net Asset value of "The Americans" little pet insurance project.<br /><br />Wenger reports to Gazidis ...and Gazidis reports to the board/owners i.e. "The american" Now i share your sentiment that Arsene isnt your conventional coach and I am i no way abstaining him from any blame, because he's very culpable for the place we find ourselves in. My point is that isn't it the job of the Owner and CEO to drive success? <br /><br />I don't know the inner dealings at the club, who sets the budgets etc, whos knows? But do you get the impression that the American has added a shred of value to the club? I can't think of one thing hes done, hes not even attracted any major US commercial revenues.<br /><br />Which comes back to my original point when you have a board and an owner who's main interest is arguably not bringing success to the club how can we be surprised when we continually fall short.Samhttps://www.blogger.com/profile/12321862688889259832noreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-43138093461374282852016-02-29T18:15:17.434+01:002016-02-29T18:15:17.434+01:00I think Wenger has hoarded the cash over the years...I think Wenger has hoarded the cash over the years for reasons that have changed during this period. The latest being Wenger's naive view that FFP would withstand pushback from selfish clubs. Wenger decides to hold cash until after FFP implemented so he has less competition on transfer fees/wages. FFP restrictions only effectively lasted @ 2 transfer windows so opportunities to sign players missed. Inevitable market changes have now intervened for the notorious "ditherer". New Premier league deal has increased competition so Arsenals hoarded £'s now won't go so far (transfer fees+wages) and the Euro/GBP exchange rate has knocked @ 10% off the purchasing power of the hoarded £'s in last year. The market value of the young players we could have bought between 2010-15 would have almost all increased irrespective of players development because of transfer fee inflation. Arsenal management just don't seem to realize that you invest in young squad, creates success on pitch which attracts sponsor cash in. This is why almost all of the top-10 world clubs have higher commercial revenue than Arsenal even though we have many advantages over other top clubs (premier league reach, London, social media following, etc). I work in finance and the financial management of the Arsenal financial team is just plain poor. If Leicester finish higher than Arsenal in league this season then all of the Arsenal management team's excuses are going to be exposed as bogus. Leicester have a fraction of the spend and pulling power for players and are outperforming Arsenal where it matters (i.e. the pitch) up to this point. From a life-long loyal but hurting Arsenal fan.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-91296081168617063842016-02-29T14:48:23.059+01:002016-02-29T14:48:23.059+01:00Isn't the issue that winning silverware doesn&...Isn't the issue that winning silverware doesn't mean as much as finishing top 4 to shareholders? Why spend more than is needed to achieve that. <br /><br />Horrible. ADhttps://www.blogger.com/profile/09376467325180121637noreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-21522384277266610292016-02-29T14:18:27.090+01:002016-02-29T14:18:27.090+01:00If it is the American or someone else it should...If it is the American or someone else it should've come out by now. Gazidis says almost every transfer window that there's money to spend, I think it would've come out if he was lying and why should he lie? Saying that there's money puts pressure on the manager and he's the one who doesn't spend the money using the most ridiculous excuse of "there's nobody available" while half the world somehow manages to buy players. It's down to Wenger and Wenger only I'm afraid. He's built the whole organisation around him over the years and only his will counts.TheDustyCharimanhttps://www.blogger.com/profile/14212147993114772817noreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-51212793066187386832016-02-29T11:36:28.725+01:002016-02-29T11:36:28.725+01:00I don't confess to be vastly knowledgeable abo...I don't confess to be vastly knowledgeable about the complexities of the FFP rules. But surely its fairly evident that Arsenal have crazilly hoarded cash for so long that now our bottom line is physically going to restrict us from spending all that cash.<br /><br />Taking the example of Ozil at £40mil on 5 year deal + wages of £150K a week, would give us an annual amortisation plus additional salary cost of £15.8mil. Considering PBT in May 15 was £24mil, you can very quickly see there isn't much left in the bottom line for much else.<br /><br />Working on the basis that Arsenal a. are unlikely to go down the road of city and post monumental losses b.FFP it paints a fairly bleak picture of how quickly you could spend that money.<br /><br />Obviously that might be boosted by new TV revenues. But from where I am standing SR is 100% spot on, weak commercial revenues separate the the teams who can bring 2-3 Worldies in a summer and the teams who can bring 1 in.<br /><br />Once again begs the question, why have we not be spending that money and there's one thing that keeps lingering in my mind.....the american.<br /><br />Bizarre situation we find ourselves in.Samhttps://www.blogger.com/profile/12321862688889259832noreply@blogger.comtag:blogger.com,1999:blog-487486960623783530.post-24479704305221428252016-02-29T08:04:48.358+01:002016-02-29T08:04:48.358+01:00And yet Wenger had the following to say following ...And yet Wenger had the following to say following Sunday's dismal defeat to Manchester United: "Let's not got overboard. They had a very experienced midfield and spent a lot of money."<br /><br />Are Arsenal not making transfer funds available to Wenger? Or is he refusing to spend the funds available? Suspect it's the latter in which case citing another team's spending as a mitigating factor for defeat feels downright provocative.James Goyderhttps://www.blogger.com/profile/03339321477492283810noreply@blogger.com