Caporegime
- Joined
- 18 Oct 2002
- Posts
- 33,188
We aren't currently making a lose though are we. You are assuming that we are never going to play CL football again or have a good enough team to compete for anything.
Top Ten clubs 2011
Real Madrid: 438.6m euros
Barcelona: 398.1m euros
Man Utd: 349.8m euros
Bayern Munich: 323m euros
Arsenal: 274.1m euros
Chelsea: 255.9m euros
AC Milan: 235.8.m euros
Liverpool: 225.3m euros
Inter Milan 224.8m euros
Juventus: 205m euros
So everyone below the top five would surely like to be in Arsenals position as in club stability minus the obvious sugardaddy clubs
What are you on about, that list means nothing, literally nothing, we didn't make 274.1m in profit, thats our turnover, Chelsea made a massive massive loss, but Roman pays the difference. Arsenal's board won't do that, making a loss would be bad, lose CL football and we'll almost certainly lose our top few players, but that won't make the difference in loss of CL money, and we'll need to prune and bring in cheaper players.
I'm all for that and have been for years, paying Eboue 60k a week to not play was madness, paying Denilson or Diaby any more than £200 a week to clean boots is madness. Arsenal have been peeing money down the drain for years on people Wenger won't let play, on youths who are so poor they never even make a first team appearance let alone get a run and then get sold for a half decent profit.
A team with a 100mil turnover could be making a 50mil profit, Arsenal got a new stadium to increase our turnover, which we did very well, but we put most of that new money straight into wages so we're basically in exactly the same position as before the move, but able to sustain higher wages, WITH champs league football. Without, with 30mil less a year, we can afford less good players. How many teams try and spend their way back into the top four, how many without ridiculously rich backing both make it, and don't then end up in massive debt and fighting relegation, none.
As for not currently making a loss, actually it looks like we're borderline, I believe the half yearly reports suggested we were in the situation of making like 2mil profits, or 2mil loss, I can't remember.
This is ONE of the reasons I'm so against randomly over doubling Nasri's wages, firstly, he's not good enough, secondly if he gets that money a lot of our other players will want more money, Arsenal can't afford it. Lose Cesc and throw most of the wages right back at Nasri, a player not even half as good.
Arsenal aren't doing anywhere near as well as people think financially, not helped by truly awful deals we've made for sponsorships, especially considering Arsenal's strength when we made the deal, IE, at our very peak, its pathetic. Our figures for the past 3-4 seasons have been MASSIVELY boosted by the flat sales on the old ground's land, those are essentially all gone, profit done, no more to come, hence why we've gone from anything from 60-150mil profit, to barely breaking even.
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