From: The Scrutineer on
>>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

Arsenal are 135m pounds in debt, which if current standards are kept, will
be debt free within 3-5 seasons, making debt at Arsenal a non issue as those
standards have been maintaind from the word go, until the last letter I type
in this post, and until it clears.

I personally have never said Arsenal are not in debt, just maintained that
debt is NOT an issue at Arsenal, as other contriubutors here also tend to
agree/enhance upon!!!

From: The Scrutineer on


"RED DEVIL" <manutd11XX(a)bellsouth.net> wrote in message
news:s3qr365c3d3j1b03mf69snvhtfvqf7pjd6(a)4ax.com...
> 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

I am a Man Utd online member, it never hurts being a football supporter
first and foremost before you set allegiences to a team!!!

Arsenal are in debt, but fortunately its not an issue!!!

From: The Scrutineer on


"RED DEVIL" <manutd11XX(a)bellsouth.net> wrote in message
news:rfqr36tu3smqbff9pmu3nodtjb4ahe3b5k(a)4ax.com...
> 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

Are you willing to spend 50m pounds on a desperately needed player like
Benzema? Or keep blooding someone like Macheda?

From: The Scrutineer on


"RED DEVIL" <manutd11XX(a)bellsouth.net> wrote in message
news:tcqr36phgg0lvd4rtm2gbf1g6rpgd2mg5j(a)4ax.com...
> 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

Those revenues which wont consist of 5 Ronaldo's over the next 5 seasons to
cover those interests, nor the prize money usually associated with Man Utd
as other *powers* rise!!!

The size of that stadium is the sole reason for Manchester United's success
alone!!! In my opinion in which is absolutely deserving!!!

From: Manx Gunner on
[RED DEVIL <manutd11XX(a)bellsouth.net>]
[Wed, 14 Jul 2010 12:47:29 -0400]

: It is when a club desperately needs players but can't go out and get
: them because they are in so much debt

That situation exists solely in your mind.

--
"Look at the way teams play against Arsenal. They don't believe they
can win. They don't believe." -- Jose Mourinho