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Kroenke and our finances

Hi all.

We most likely will not be bringing in any players in January except via loans and even then, I am not holding my breath.

I came across an article that I found rather eye opening and explains why even if Kroenke gave Arsenal 100 million this month, we probably could STILL not buy anyone without falling foul of FFP.

http://youaremyarsenal.com/arsenal-stan-kroenke-analysis-stats/

Apologies if this has been posted before.

posted on 22/1/19

Agree, there's been no workable long term plan at the club. It was buy what Wenger and his team saw as bargains (usually regardless of where the weaknesses were in the side) then overpay them

We do need to get the wages in order, that is without doubt but given the amount of money Kreonke is set to make should he sell he should invest now/summer rather than have Arsenal declining for however many seasons it takes to ship out the dross

posted on 22/1/19

Posted originally by Samir. He should get the credit for finding someone who has explained it very well.

posted on 22/1/19

comment by BO$$™ (U6401)
posted 11 hours, 27 minutes ago
Why we care about FFP anyway? Look at the way City & PSG flaunt the rules. Why should we play by the same rulebook when they clearly don't?
----------------------------------------------------------------------
The article addresses this exact point.

It's a good read, try it.

posted on 22/1/19

comment by TheSkins (U3865)
posted 8 minutes ago
comment by BO$$™ (U6401)
posted 11 hours, 27 minutes ago
Why we care about FFP anyway? Look at the way City & PSG flaunt the rules. Why should we play by the same rulebook when they clearly don't?
----------------------------------------------------------------------
The article addresses this exact point.

It's a good read, try it.
----------------------------------------------------------------------
It doesn't address it

The rules are there, ways around them for wealthy billionaires with company portfolios are also there

posted on 22/1/19

comment by Scruttocks (U19684)
posted 1 hour, 39 minutes ago
comment by TheSkins (U3865)
posted 8 minutes ago
comment by BO$$™ (U6401)
posted 11 hours, 27 minutes ago
Why we care about FFP anyway? Look at the way City & PSG flaunt the rules. Why should we play by the same rulebook when they clearly don't?
----------------------------------------------------------------------
The article addresses this exact point.

It's a good read, try it.
----------------------------------------------------------------------
It doesn't address it

The rules are there, ways around them for wealthy billionaires with company portfolios are also there
----------------------------------------------------------------------
Its easier to circumvent rules if you get hedge funds involved. Especially sovereign wealth funds controlled by oligarchs. The middle east ones are controlled by emirs. That allows companies that may not look to be connected, 'sponsor' City or PSG or even Chelsea. That makes it all look legitimate. For example how may times do you see Gazprom advertised. Since ordinary consumers can't actually buy their products doesn't it make you wonder why they would bother?

posted on 22/1/19

comment by Jenius99 (U4918)
posted 8 hours, 48 minutes ago
Posted originally by Samir. He should get the credit for finding someone who has explained it very well.
----------------------------------------------------------------------

Good on Samir

posted on 22/1/19

comment by TheSkins (U3865)
posted 5 hours, 41 minutes ago
comment by BO$$™ (U6401)
posted 11 hours, 27 minutes ago
Why we care about FFP anyway? Look at the way City & PSG flaunt the rules. Why should we play by the same rulebook when they clearly don't?
----------------------------------------------------------------------
The article addresses this exact point.

It's a good read, try it.
----------------------------------------------------------------------

The point I was trying to bring up with all this is that we have been operating in a very poor way (wage-wise) for years and now it is biting us in the butt. So all those who are clamouring for Kroenke to invest, it simply wont help until we get the wage bill back in order. It's gonna be a long road although we may get some reprieve come summer when Cech, Welbeck and Ramsey leave.

comment by IAWT (U10012)

posted on 22/1/19

The latest news coming from Spain is that the negotiations with Barca for Suarez have broken down because we couldn't commit to the buy option after the loan.
I assume this is because we are not guaranteed to get a CL spot. A bit of catch 22 if you ask me. Without reinforcements in January, it's unlikely that we will get that spot. We got an owner who can't even back us up in trouble time.

posted on 24/1/19

comment by MaineGunner (U10130)
posted 1 day, 7 hours ago
comment by TheSkins (U3865)
posted 5 hours, 41 minutes ago
comment by BO$$™ (U6401)
posted 11 hours, 27 minutes ago
Why we care about FFP anyway? Look at the way City & PSG flaunt the rules. Why should we play by the same rulebook when they clearly don't?
----------------------------------------------------------------------
The article addresses this exact point.

It's a good read, try it.
----------------------------------------------------------------------

The point I was trying to bring up with all this is that we have been operating in a very poor way (wage-wise) for years and now it is biting us in the butt. So all those who are clamouring for Kroenke to invest, it simply wont help until we get the wage bill back in order. It's gonna be a long road although we may get some reprieve come summer when Cech, Welbeck and Ramsey leave.
----------------------------------------------------------------------
How we looking on the home grown players front can we afford to lose Welbeck and Ramsey without getting homegrown replacements?

posted on 24/1/19

Article is a pathetic attempt to find a way to continue to blame previous regime for all our issues. The remarkable thing is how well it has worked on pliable weak minds. Kroenke laughing all the way to bank

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