Arsenal banter 72757

 

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14 Sep 2020 13:29:47
So Kroenke hasn't put a single penny into arsenal in the last 5 years.

Agree0 Disagree0

14 Sep 2020 14:16:09
I thought he hasn’t put a penny in of his own money since he’s been here that’s what I read.

{Ed047's Note - I thought he’d paid off the last of the debt so in effect freed up money that would have been used to make the repayments

14 Sep 2020 15:10:58
Me too Ed047.

{Ed047's Note - glad I’m not the only one but sure I’m right in saying that mate

14 Sep 2020 15:57:20
I think you are right Ed yeah!

What frustrates me is how much he shows his affection for the Rams but completely disregards Arsenal. After the game last night he was awarded with the game ball by the players in the changing room, thanking him for what he does for the team.

All inside the brand new $5 billion stadium that he's paid for. I saw him at an FA cup final once, high up in the stands of Wembley but I don't ever recall seeing him at the Emirates. Josh on the other hand is an ever present figure at Arsenal but can't really do much tbh. He's the heir to the kronke throne so maybe in another 20 years or so we'll get noticed!

{Ed047's Note - that’s been the huge frustration Glenn, they talk of wanting to win the big trophies but their actions speak so much louder than their words.

14 Sep 2020 16:36:46
I thought an owner was only allowed to put 40mill of his own money in, otherwise we are breaking ffp rules

Kroenke has backed Wenger and Emery in the transfer market, now we are in unprecedented times, money is tight. We have trust in what he’s doing.

{Ed047's Note - this is actually what’s reported to have happened, how accurate, that I can’t be sure, but it came from the AST;

Silent Stan has decided to pay the £144m debt in full. He will do it in August. However, he'll have to also cover an additional penalty for doing it early, not in 2031.

Hence, Arsenal will have to pay £184m in August and they will do it by taking a loan from Kroenke Sports & Entertainment, the businessman's company.

Basically, this is restructuring the debt: Arsenal no longer owe to external bondholders but to the man who owns the club.

The Gunners will save up some money on that but the news does not mean Kroenke invests into Arsenal. The club will have to pay him back, with an unspecified interest rate.

However, it will free up the funds (~£36m) Arsenal have already held in order to repay to bondholders in September this year.

This money will help Arsenal weather the crisis caused by the pandemic: it will probably go to players' and staff salaries. Part of the money could be used to finance the transfer campaign but it's not guaranteed.

Overall, not much changes for the club in the long-term.

14 Sep 2020 17:17:24
Jesus. It doesn't make a pretty read does it when you look at it like that.

14 Sep 2020 21:02:48
Not sure I see a problem Glenn.

He’s restructured the debt so we pay less interest and have more money available now.

Don’t get me wrong - I don’t like the way he runs the club and the fact he doesn’t put any money in, but I don’t have an issue with the above from the AST.

14 Sep 2020 21:34:29
Xhaka Mustafi Auba Laca Pepe quater of a billion on 5 players right there and if you Start counting Mesut chambers Welbeck and quite a few others and your getting closer to half a billion.
I really don't think underfunding has been our problem at all in any way shape or form, people point the finger at Stan but the evidence doesn't stack up against him that I can see.
If it's just a case looking for a scapegoat then Stans your man but the genuine reason for why we are where we are most definitely isn't underfunding that I can see.

14 Sep 2020 21:54:01
Totally agree John, let’s give Stan some credit.

15 Sep 2020 07:30:05
Top post Gunner 👏.

15 Sep 2020 09:54:17
And all those players mentioned we signed would be sold at less than we bought. Coutinho was about £10 mill and Hazard £32 mill gave good service then sold for £150 mill. We just sold our best players in last year of contracts with low returns. Yet look at the squad now pretty sure Saka Tierney Martinelli Gabriel Leno Saliba worth more than we paid can also include Guendouzi. So a change of strategy. Just a thought as well pre this window Sky put up a Premier League most expensive players which included Pepe Maguire Lukaku Pogba Morata Fred Di Maria hardly roaring successes. Two also on the list Allisson and van Diyk ( what price him now ) ? No coincidence they`re champions . Whatever happens this season surely we have hope . Also odds of aliens landing 10 000 / 1 and the odds Spurs win a trophy? Ask the fecking aliens COYG.

15 Sep 2020 10:46:57
But why should Kroenke invest? Aren’t we following a self-sustaining model? If you think ManC and Chelsea model is the right way ahead, that’s okay, but I don’t think so! I’m satisfied with our current model where our investment depends on our success!

{Ed047's Note - I think the over riding thing that we get wrong is failing to capitalise on our assets (players) and improve ourselves when doing this.

We have a terrible knack of players leaving on frees or ending up being worth a lot less than we paid.

I appreciate getting that right isn’t necessarily easy but we just seem so bad at it.

15 Sep 2020 16:45:29
That's it in a nutshell Ed047 mate, spending isn't and hasn't been our problem, protecting our investments once they join us is and has been our downfall. That surely isn't and never has been Stans department.

{Ed047's Note - he’s put the money up for the likes of Özil, Sanchez, Lacazette, Aubameyang, Pepe, Mustafi, Xhaka, Torreira et al so we can’t say he hasn’t spent mate that’s for sure.

16 Sep 2020 18:34:42
You are right Ed047! That’s where we surely have to improve.

{Ed047's Note - 100% Sen, we literally can’t afford not too.





 

 

 
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