#kroenkeout: Page 50 - The Arsenal discussion forum and community: One More in the Tolly

#kroenkeout

JazzG

Lewis was bought in after Raul and is basically Kroenke's man on the inside to make sure everything is running as it should. Like you say some of that stuff might be nonsense.

Coombs

DiabyKungFu It's fine to have checks and balances and it's good to not blow all your money.

What about blowing some of it?

Qwiss

JazzG almost none of that aligns with actual reporting on these deals. What we heard about Watkins for instance is not that he was offered to us, its that we knew Villa had a PSR issue (which was true but they managed to sell Duran instead). Its also been reported that Arteta was one of the people who did really want Watkins but once the Duran deal was it became a near impossibility because Villas PSR was no longer in dire straits. Loads of other nonsense in there too.

Also the whole "he wont let them spend over value except when he does" stuff just makes it sound like a rant. We do need the financial boffins to restrain the managers spending, I think every club who wants a future needs that.

Coombs

Qwiss Its also been reported that Arteta was one of the people who did really want Watkins but once the Duran deal was it became a near impossibility because Villas PSR was no longer in dire straits.

Reporting I saw was that Duran didn't really help their PSR that much because of his relatively low wages. Who knows, not me, but I bet we could've signed Watkins for 60 or 70. Bet Sesko would've come easier, though.

Sicario2

Fucking retards..

Can’t even close a fucking window. Worst ‘business men’ I’ve seen run a football club.

Fuck the other clubs feelings when it’s do or die for your season. You have to be cut throat at this level to win. We are not a fucking charity.

JazzG

TambourineMan

JazzG this result also excludes our summer sales and we'll be trimming the squad of big earners this summer (Jorginho, Partey, Tierney and Zinchenko). Our earnings this season should also be higher with the revised CL format (and hopefully us going further).

We're in good shape to give Saliba, Saka and Gabriel bumper contracts and spend big again.

Don Pacifico

Spend some fucking money!

Pepe LeFrits

That's an extraordinary increase in the wage bill

JazzG

Pepe LeFrits True, a lot of our bumper new contracts I am guessing + our signings from the year before.

Still the wages/turnover is the key indicator, gone from 50% to 53% so still very healthy.

Qwiss

Pepe LeFrits we put middling players on superstar wages. This will just continue because when our best players are signed to new deals they are not going to settle for less than someone who contributes less.

daredevil

This is all before major renewals for Saka, Saliba, Gabriel and Martinelli. Me thinks the big spending days are over for the foreseeable.

Sicario2

daredevil this could possibly be the reason why we didn’t sign anyone in Jan?

It looks the free money spending of 2021-2023 is gone and we will have to sell before we buy. Shows how good Wenger was during the early Emirates era when he had massive transfer budget constraints.

Also, thank fuck for Nwaneri and MLS - essentially two players were signed for free that will save us circa £200m.

Finally, it shows that staying in the CL is imperative if we even want to remain mildly competitive.

Claudius

Qwiss our wages are fine. What are all our rivals paying?

awooga83

Qwiss this is very accurate we are putting ourselves in a massive corner and part of Arteta influence was supposed to stop these silly types of contracts but it doesn't look like we've been able to apply that.

Coombs

Numbers seem designed to claim a loss.

Claudius

awooga83 on aggregate our contracts are fine. Can you guys please share some numbers that show how wasteful we are relative to our rivals please

Don Pacifico

Claudius is that relevant though? We're wasteful relative to how much revenue we're generating.

Claudius

Don Pacifico we make less revenue than the teams we are challenging, and are constantly ahead of most of them, while also spending less on wages.

It’s hard for me to look at that and say “wasteful”. Contrast with Chelsea, Spurs and United. How do we compare with those teams?

RocktheCasbah

I'm not an expert on football finance, but Kieran Maguire is and he seemed pretty positive about these results:

On PSR

"They have got nothing to worry about going into the summer of 2025 looking at these figures.

Under UEFA rules you can spend £70 on player wages and transfer fees for every £100 that comes through the door.

Well, they are spending £53 on wages. I think, again, they have got flexibility there."

"They are in a very strong financial position to spend what they want. They spent £256m last season and £251m the previous season. They have certainly got the capacity to invest heavily in the market - should they wish to do so. They have the capacity."

https://www.standard.co.uk/sport/football/what-arsenal-fc-financial-results-mean-b1212104.html

Qwiss

RocktheCasbah we had nothing to worry about on psr before these figures. With the record revenue it must be even better.

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