From: Google Beta User on
On Jul 14, 12:45 am, RED DEVIL <manutd1...(a)bellsouth.net> wrote:

> >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.

Clubs don't exist in a vacuum.

Abramovich/Mourinho arrived, and SAF hasn't gone anywhere.

It's not just a matter of money.


From: RED DEVIL on
On Wed, 14 Jul 2010 09:41:37 +0100, 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's all well and good, but how can you claim that Arsenal are not
in debt?
RED DEVIL
From: RED DEVIL on
On Wed, 14 Jul 2010 09:42:37 +0100, Manx Gunner
<goal(a)4thegunners!.com> 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.
>
>You often attempt to twist this information, but to no avail.

Not trying to twist anything, the reason you haven't won anything is
because Wenger has been unable to spend any money because the club is
in fact...in debt, agree?

RED DEVIL
From: RED DEVIL on
On Wed, 14 Jul 2010 13:02:10 +0200, Mart van de Wege
<mvdwege(a)mail.com> wrote:

>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

Which is exactly the argument that Manchester United makes
RED DEVIL
From: RED DEVIL on
On Wed, 14 Jul 2010 09:42:40 -0700 (PDT), Google Beta User
<wanyikuli(a)gmail.com> wrote:

>On Jul 14, 12:45�am, RED DEVIL <manutd1...(a)bellsouth.net> wrote:
>
>> >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.
>
>Clubs don't exist in a vacuum.
>
>Abramovich/Mourinho arrived, and SAF hasn't gone anywhere.
>
>It's not just a matter of money.
>
It is when a club desperately needs players but can't go out and get
them because they are in so much debt
RED DEVIL