From: Mart van de Wege on
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
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
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
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
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