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From: Mart van de Wege on 14 Jul 2010 07:02 Manx Gunner <goal(a)4thegunners!.com> writes: > [RED DEVIL <manutd11XX(a)bellsouth.net>] > [Wed, 14 Jul 2010 00:47:27 -0400] > > : >: It's very much an issue and is the main reason that they have won > : >: nothing for the last 5 years. > : > > : >It doesn't matter how many times you repeat it, RD... it's not true. > : > > : >Worry about your own version of Leeds 2 up there in Manchester. > > : You should read your clubs accounts when they post. like it or not > : Arsenal are indeed in debt and have been for about 6 years. Putting > : your fingers in your ears and shouting loud won't make this go away. > > The debt consists pretty much entirely of the stadium mortgage, and has > been managed well from the first day it was added to the books. > Here's another thing: the absolute value of the debt doesn't matter. What matters if revenues can cover the interest. Mart -- "We will need a longer wall when the revolution comes." --- AJS, quoting an uncertain source.
From: Bob on 14 Jul 2010 12:00 The Scrutineer wrote: > "Manx Gunner" <goal(a)4thegunners!.com> wrote >> [RED DEVIL <manutd11XX(a)bellsouth.net>] >> [Wed, 14 Jul 2010 00:45:45 -0400] >> >>> If debt is no issue at Arsenal then the board needs to fire Wenger >>> since he's brought zero success the last 6 years. >> >> You need to learn the difference between responsible stewardship and >> spending to the point that it amounts to fiddling while Rome burns. >> >> The trophy cabinet is the same as it was five years ago, yes, but >> that is not an automatic indication of 'zero success', and you know >> it. It wasn't spending that kicked Eduardo out of the season and >> Arsenal just barely out of the title that year. Etc. There are >> more than a few big clubs all chasing the same prize(s)... can't all >> of them win all the time; that's just simple mathematics. >> > > That has to be most sensible post of the year!!! > > Absolutely concur with the post!!! Arsenal haters would love to see Wenger go. That's why they like it so much when the trash press amplifies the "no trophy in 6 years, it's time to go" chants.
From: Bob on 14 Jul 2010 12:04 Manx Gunner wrote: > [RED DEVIL <manutd11XX(a)bellsouth.net>] > [Wed, 14 Jul 2010 00:47:27 -0400] > >>>> It's very much an issue and is the main reason that they have won >>>> nothing for the last 5 years. >>> >>> It doesn't matter how many times you repeat it, RD... it's not true. >>> >>> Worry about your own version of Leeds 2 up there in Manchester. > >> You should read your clubs accounts when they post. like it or not >> Arsenal are indeed in debt and have been for about 6 years. Putting >> your fingers in your ears and shouting loud won't make this go away. > > The debt consists pretty much entirely of the stadium mortgage, and > has been managed well from the first day it was added to the books. Indeed, it seems that way, but selling lots of real estate is very difficult these days > > You often attempt to twist this information, but to no avail.
From: RED DEVIL on 14 Jul 2010 12:39 On Wed, 14 Jul 2010 19:01:59 +1000, "The Scrutineer" <vlade4(a)bigpond.com> wrote: > > >"Manx Gunner" <goal(a)4thegunners!.com> wrote in message >news:MPG.26a7889c65625d8898983d(a)news.giganews.com... >> [RED DEVIL <manutd11XX(a)bellsouth.net>] >> [Wed, 14 Jul 2010 00:45:45 -0400] >> >> : If debt is no issue at Arsenal then the board needs to fire Wenger >> : since he's brought zero success the last 6 years. >> >> You need to learn the difference between responsible stewardship and >> spending to the point that it amounts to fiddling while Rome burns. >> >> The trophy cabinet is the same as it was five years ago, yes, but that >> is not an automatic indication of 'zero success', and you know it. It >> wasn't spending that kicked Eduardo out of the season and Arsenal just >> barely out of the title that year. Etc. There are more than a few big >> clubs all chasing the same prize(s)... can't all of them win all the >> time; that's just simple mathematics. >> > >That has to be most sensible post of the year!!! > >Absolutely concur with the post!!! You can concur with the post however it's still a fact that Arsenal are indeed in debt and to claim otherwise is simply ignoring the facts. RED DEVIL
From: RED DEVIL on 14 Jul 2010 12:41
On Wed, 14 Jul 2010 15:04:03 +1000, "The Scrutineer" <vlade4(a)bigpond.com> wrote: > > >"RED DEVIL" <manutd11XX(a)bellsouth.net> wrote in message >news:j6gq3615ocgg0l9rl81f07m6f0hinouoi8(a)4ax.com... >> On Wed, 14 Jul 2010 11:43:37 +1000, "The Scrutineer" >> <vlade4(a)bigpond.com> wrote: >> >>> >>> >>>"Manx Gunner" <goal(a)4thegunners!.com> wrote in message >>>news:MPG.26a71c62726bf563989834(a)news.giganews.com... >>>> [RED DEVIL <manutd11XX(a)bellsouth.net>] >>>> [Tue, 13 Jul 2010 12:34:41 -0400] >>>> >>>> : >Debt is no issue at Arsenal!!! >>>> : >>>> : It's very much an issue and is the main reason that they have won >>>> : nothing for the last 5 years. >>>> >>>> It doesn't matter how many times you repeat it, RD... it's not true. >>>> >>>> Worry about your own version of Leeds 2 up there in Manchester. >>> >>>Debt is no issue at Arsenal, and indeed it is in Manchester!!! >>> -- >>>> "Look at the way teams play against Arsenal. They don't believe they >>>> can win. They don't believe." -- Jose Mourinho >>> >>>Damn I love that quote!!! >> >> If debt is no issue at Arsenal then the board needs to fire Wenger >> since he's brought zero success the last 6 years. >> >> RED DEVIL > >You dont understand!!! > >Become an Arsenal member, watch the AGM, your view on Arsenal will change!!! No thanks, I'll stay with United thanks. I know they are in debt and accept that as a fact, it's a shame Arsenal fans seem to gloss over the fact that they are also in debt. RED DEVIL |