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I'm not sure I want Arsenal to go down the path of Man City, but something has to give at Arsneal.
What doesnt make sense tho, is the Financial Fair play rules come in to force soon, so Arsenal wont have time to spend the money which Man City and Chelsea have done... whic is a bit unfair really!
FFP doesn't mean anything, one sponsorship deal, £80mil a season for the shirt, a new £50mil a year stadium sponsorship, job done. FFP won't effect any of the billionaire owners as they will just sponsor the team with insane money, negating any losses.
Arsenal wouldn't need to build a brand new team though like City and Chelsea needed to IMO. 1/2 top players in, get rid of a lot of the rubbish and replace with good, solid squad players. The actual first team is very close IMO, it's just the squad players that are pony, in most cases.
Edit: Also, I don't see a problem with a takeover at Arsenal, as long as the new owners are sensible, and don't just throw money at problems.
Arsenal need more than a few players, keeper isn't good enough, neither is Mert, Sagna, Gibbs, Diaby, Rosicky, Walcott, Gervinho, Arteta isn't young isn't the best DM and isn't very good going forwards anymore, Podolski could work longer term as a striker but isn't good enough on the wing and Giroud really hasn't shown he's got what it takes upfront.
Thats new players down the spine, keeper, cb, central midfield and central striker, and fullbacks, and wingers.
Ultimately the biggest difference would/should be a new manager who can get existing players playing better, same manager new players, would just bring in new players and continue to misuse them.
I can see why a takeover isn't out of the question - if nothing else as of this season it's a perfectly viable business - on track to bring in 30-50 million a year profit purely from the footballing business and there's a lot of headroom when it comes to increasing commercial revenue too.
On the other hand because it's a perfectly viable business it'll need a pretty hefty bid to get it out of the owners' hands and I can't see them going for any form of debt-leveraging deal so it would be Arab cash or nothing I suspect
Arsenal won't be posting a 30-50mil profit yearly, at all, they posted a £17mil profit, after having a £23 effective profit after player sales/purchases, our continuing(for at least two years) player purchase costs are 20+mil a year, but unlike last year we won't have £40mil to offset that. This year RVP/Song/Vela sales will likely leave us with a small profit, though have to see how new wages look on the books. Next season without any major player sales with income as it is now, we'd be looking at a likely 30mil loss, but with new sponsorship/tv money next year, that will likely take us back to around break even point.
TO make 30mil + profit I would think we'd need to sell Santi, and someone else. Our commercial income is very weak for a club our size/in our position, and our wages are conversely too high for a squad this week, club in our position. Drop 20mil wages on crap players who don't play, and increase our commercial by the same the other way and you have a decent business.