zomgbbqftw said:I would say 80m operating profit is pretty fucking good by anyone's standard. That net profit is 50m means they are leaking money elsewhere and they shouldn't be.
I don't think anyone can come in here and claim Arsenal are a money losing club, they aren't. They are the most profitable football club in the EPL and possibly the world. Strict wage structures and cut price investment in the squad coupled with selling the star players has made them a lot of money.
sazabirules said:Jagielka! That was a great response from Everton.
sazabirules said:Jagielka! That was a great response from Everton.
Lol edit your post?
Arsenal fan zedarklord on Twitter said:"Getting a banner made up to be hung under row 1 on the North Bank... "SIGN KEOWN".
No Arsene, you are not defensively fragile because of whwt happened at Old Trafford.offshore said:"Arsenal manager Arsene Wenger after his side's 4-3 defeat by Blackburn: "We had so many chances in the game and on top of that we scored two own goals so it is unbelievable to understand, but we have to take it on the chin. At the moment defensively we are fragile because our confidence is gone due what happened at Old Trafford.""
offshore said:Sigh, Ba is about as useless as Ameobi.
confuziz said:Norwich 2 ahead, wtf
Clegg said:No Arsene, you are not defensively fragile because of whwt happened at Old Trafford.
You are defensively fragile because your defence is shit.
Meus Renaissance said:Anyone interested in Inter Milan v AS Roma tonight?
Arsenal conceeded 2 own goals because their defendrs didnt know what they were doing inside their own box. Yes they were unlucky but blame must be sttributed to their poor defending also.bonesmccoy said:And pure bad luck. 2 own goals? Against BLACKBURN? I'd wager that probably hurts more than the Trafford Spank.
You're lateVivalaraza said:I feel sorry for Arsenal, theyve been dealing with 8-2 jokes 4-3 weeks now.
Boom.
Jeff Albertson said:With the fans - 0
With the owners - ????
Oh and:
I feel sorry for Arsenal, they have had the 8-2 jokes 4-3 weeks now.
Ah, Jeff deserves it haha.anonnumber6 said:You're late
Para bailar La Bomba said:Firstly how about you quote some more updated figures - like the fact they recorded a loss in their last half-annual report.
)
Secondly is 50m enough to finance an NFL, NBA, NHL and a MLS team is it?
I suppose his interests in TV, sports and Wal-Mart are just income streams he uses when he goes to the track.
Here's a clue: Arsenal have had exactly the same business model for the same 5 years ago. Before Kroenke.
Dark Machine said:BREAKING NEWS: Malaga have reached agreement with Real on a deal for CB Raul Albiol to join in January on a 3-year deal (via @ChristianMcr)
Source is reliable. Good deal for Malaga if it happens.
zomgbbqftw said:It's plenty finance losses from certain areas of his business that aren't doing as well as he would like.
He's married into the Walton family, sure, but I'm almost certain that his and his wife's investments are kept separate. Also, I don't think a local sports network really counts as a real venture, it was used to raise prices for television rights.
I haven't done the necessary legwork on Kroenke (I have many, many other priorities at work right now with the Greece crash and EU stuff) but I remember looking him up when he bought his majority stake in Arsenal and none of his business interests made as much money as Arsenal.
On Arsenal having small losses, well that was down to less player sales vs the season before (which has now been rectified since the sales of Fabregas and Nasri vs Ade and Toure the season before) and two deferred home matches according to the Guardian. It also doesn't make a dent on the amount of money Arsenal have in equity which is up YoY by over 10%.
Honestly the biggest loss for Arsenal in the coming years is that Highbury Square will be completely sold and the problem is that the market downturn has probably reduced their sale price by enough to make a dent in their profits for this year and last year.
Anyway, you talk about trends, Arsenal's trend is one of profit, one half of a small loss doesn't strike me as something to worry about.
Meus Renaissance said:Anyone interested in Inter Milan v AS Roma tonight?
Meus Renaissance said:Anyone interested in Inter Milan v AS Roma tonight?
Close call between that and the one for taking your shirt off without a t-shirt underneath.Jeff Albertson said:Is getting booked for celebrating with your own fans the worst rule in the game? For me it is
Dark Machine said:BREAKING NEWS: Malaga have reached agreement with Real on a deal for CB Raul Albiol to join in January on a 3-year deal (via @ChristianMcr)
Source is reliable. Good deal for Malaga if it happens.
Sage00 said:Close call between that and the one for taking your shirt off without a t-shirt underneath.
MPW said:both clubs playing like shit, 0-0