http://www.guardian.co.uk/football/blog/2011/apr/20/arsenal-stan-kroenke-board
http://www.guardian.co.uk/football/blog/2011/apr/12/stan-kroenke-arsenal-takeover-custodian
what do you think, we seem to have reserves, but spending it doesn't fit in to the self sustaining model. also no outside (outside of the model, including profit from shares - sharholders and kronke) investment is taken.
The self sustaining model seems highly ethical and honorable (somewhat boring), but do you think the footballing world, especially the epl has a place for it? or is fans excitement/entertainment and passion more of an important priority?
discuss!
i guess the 20m profit we need to make from transfers every season (due to the self sustaining model) to operate, takes out the idea that we can actually ever keep hold of players or spend big!
insight to our philosophy and model
posted on 28/8/12
"Arsenal's new owner Stan Kroenke, right, takes his seat before Sunday's 1-1 draw with Liverpool, another game that raised questions as to how the team are being run. Photograph: Tom Jenkins for the Guardian"
better put my bet on now
posted on 28/8/12
I'm happy with us being a self sustaining club and proud of it. If it means we can't compete with a couple of other clubs right now then so be it. The club has a long term plan that will benefit us soon.
posted on 28/8/12
8bit, thats the problem, all these other teams will always have more money, the fair play rule was meant to come in ages ago but never does. Man city found a loop hole and where invested in a ridiculous sponsorship contract. I think it was like 200m they got from an invester friends of the owners, this is completley legal in the fair play rules. There will always be loop holes.
I feel we will fall behind so far it would be almost as hard to get back in the mix as it is for evrton to get in the mix of the top clubs now.
posted on 28/8/12
that's not accurate and FFP rules haven't been around for ages, the first time teams can be sanctioned because of them is in 2 years time. so we'll start to see now what effect they're having. i'm not that confident about them anyway but we'll see.
posted on 28/8/12
I never said they have been around for ages. Read again.
Im sure they were meant to be scheduled a couple of years ago. It constantly get put back.
posted on 28/8/12
they haven't been put back, the 11/12 season was the first season but they monitor finances over a 3 year period. it will take another year or two to see if they're having a proper effect or not.
posted on 28/8/12
its a con trick.
Its called pump and dump. Quite simply Kroenke is slowly increasing the cash reserves. Don't worry the board will say we don't give dividends. And they don't! But by generating a profit in all transfer activity every year, the club is sitting on huge cash reserves.
That means we are pumping the share price. And as long as Arsene continues to qualify us for CL football, we will continue to do it. But when it stops, and it will eventually because there is very little continuity that is required to build successful teams, Stanley will dump at a very high price to Usmanov or go for a IPO. The IPO looks less likely because of Man Utd flop.
I would just prefer him to do it now while we still have players to build around and Arsene is not fed up with the booing and empty seats.
posted on 28/8/12
I dont know the ins and out of the ffp, you may know alot more than me 8bit. But I get a feel that this ffp is a reaxed type of rule, just words nothing more, in other words it wont hold the sugar daddys down an awful lot.
posted on 28/8/12
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posted on 28/8/12
Woj I agree that the FFP could be just a waste of time but UEFA are more determined to push it through than people think and almost all clubs want it as well, it just depends if the sugar daddies can find ways around it which they probably will unfortunately.