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We are losing money!

Hey guys.

Interesting read on bbc:
https://www.bbc.com/sport/football/50700719
We had a profit (pretax) of close to 100 mill 12 month ago. Figures released this year show a ~20 mill pretax loss.

Is this what we need for Kroenke to leave? How many years of losses do we need to force him out?

Article also reveal that the target last season was CL football and missing out has hurt us yet again.

posted on 7/12/19

rumour is its due to Ty from AFTV not buy any new Arsenal merchandise this year.

posted on 7/12/19

buying*

posted on 7/12/19

comment by Inbefore (U20589)
posted 3 seconds ago
rumour is its due to Ty from AFTV not buy any new Arsenal merchandise this year.
----------------------------------------------------------------------

Hahahahahhahahah.

I still remember Claude pointing at Ty (in all his merchandise) and saying..."look...Gazidis' dream team"

posted on 7/12/19

comment by MaineGunner (U10130)
posted 6 minutes ago
comment by Inbefore (U20589)
posted 3 seconds ago
rumour is its due to Ty from AFTV not buy any new Arsenal merchandise this year.
----------------------------------------------------------------------

Hahahahahhahahah.

I still remember Claude pointing at Ty (in all his merchandise) and saying..."look...Gazidis' dream team"
----------------------------------------------------------------------

https://youtu.be/Iv4it1CPVAI

4 minutes in

comment by (U21781)

posted on 8/12/19

How we have been run, on and off the pitch, has been terrible and negligent! Reading Swiss Ramble has been sobering this morning, cannot wait to see his updated analysis of Arsenal’s consolidated accounts... which he predicts will amount to even greater loss.

Not being a whizz with numbers, what strikes me is the negative correlation between what we spend on players and what we get in return! Recruitment at the club has been awful for so long. And we have made around £75-80 million pounds on player sales during a period stretching back to the sales of Denilson and Arshavin!! Basically the price of one Pepe, who so far has been pretty dross (but should be given time).

posted on 8/12/19

Of course we’re losing money.

We have a strict self-sustaining policy.

Oh wait...

posted on 8/12/19

Why anyone would expect the club to be making money right now, I don't know. The loss is little more than reflective of the club's slide and the AFTV clown cancer running rife.

Sadly this means a the Kronkes won't be selling up any time soon. Such a shame because if all the idiots who hounded AW out had been focusing their vitriol at the Kronkes for the last ten years, instead of slating their team and players who didn't deserve it. Then by now we'd have got rid of them or at least forced them to spend on the team.

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