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Finances

ArmadaSur

Roofer
Personally think some of the figures they are quoting are bullshit.
Looks like it was written by some spotty teenager in his bedroom.
 

LGFOX

Roofer
Wow. This is Arsenal who 20 years ago went through the whole season undefeated and alone with manure battled it out for years for the top spot. They then celebrated 4th for years. Then that stopped. Last year was their first for 25 years without European football. Even then and also not being in any cup competition from early January they still couldn’t get CL! They’re almost on par with their deluded north London neighbours.
They’ve got a 60000 ground with the most expensive tickets in the PL along with Chelsea. Another delusional mess along with deluded fans
 

Feckit

Roofer
I think our problem is that we have too many players on our books, couldn’t name Mendy in the 25 last season for the same reason, hopefully we get rid of at least 6 and maybe more (we all have our own lists) we should have Kasper & Iverson plus a youth Keeper for a start, if we can’t sell the excess players (at a loss but off the wages bill) then we should loan them out (again at a loss as we would pay part of their wages)
We already have a brilliant starting line up as long as they stay fit (last season was a one off hopefully) with a decent replacement in most positions, any new additions will be brilliant but not as panic buys…
 

AlgarFox

Roofer
I heard from a media source that in Europe for the 21/22 season that there are only 3 teams in neutral debt. In the UK one was Chelsea and the other was Leicester City.

Must be down to book keeping techniques.
 

AlgarFox

Roofer
I presume it is incomes equal to outgoings I would imaging. I cannot see it myself as didn't the club borrow money for Seagrave?
 

sixthswan

Non-Member
The Seagrave money was secured against our TV income.
Getting the cash up-front and presumably at very low interest rates.
Most of our debt is owner related, rather than external - so perhaps the assumption is that it would be written off by Top?
 

DagenhamFox

Blue Roofer
Expense like developing a training ground or extending a stadium is outside of the utterly pointless financial fair play rules but it is of course still money that at some time needs to be paid back, or written off. After all they are assets that have a value.
 

sixthswan

Non-Member
Those assets like player values, the training ground and the stadium also contribute to debt offset.
Especially with the model being used to fund the latter two. Quick loan. Quick pay-off.
 
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