Elstone refusing to allow shareholders who are also Blue Union members into meetings

[tsubaki]

They're not that fantastically run, when their reluctance to spend in the transfer market will cost them £20m+ next season when/if they fail to qualify for the CL.

Spurs are a far better example of a well-run club that invests in its' playing staff at the appropriate times to support the manager and kick the team on to the next level.

Arsenal have £154 million in the bank, all their debt is on fixed-term and is at a low interest rate, they made £95 million in matchday revenues and £52 million in commercial revenues during the same period, and they made a profit of £30 million after tax in 2011-12. They are a much better run business than Spurs.

Also the reluctance to spend money on the squad is almost certainly down to their manager.

 

[Stend]

Who haven't won a trophy in 9 years, who are in line to not qualify for the Champions League for the first time in 20 years, who's fans are up in arms at the way their club is declining, and who's boardroom is fractured, with no clear direction over the future.

No CL footy next season - £20m+ shortfall in the repayments needed for the Emirates Stadium.

Deary me, I know I said I wouldn't reply again, but Arsenal - really?:blink:

I disagree. Arsenal are still in with a shout of qualification for the champions league.They also spend handsomely most summers. In recent times yes they have sold their best players. They are always in and around the Champions League places without splashing silly amounts. They are well run. No matter how you look at it.

 

[Bungle]

You're deluded if you think anything I said in that post is a wind up. You're expecting a billionaire to fly in on white horses with the virgin Mary and spend upwards of £400m+ getting us to compete with the likes of City. It won't happen we aren't attractive enough. The stadium being the main problem.

You'll look a right mug when Mary turns up now

 

[The Esk]

I disagree. Arsenal are still in with a shout of qualification for the champions league.They also spend handsomely most summers. In recent times yes they have sold their best players. They are always in and around the Champions League places without splashing silly amounts. They are well run. No matter how you look at it.

They live within their means, however their means are greater than all but Man U, Man C and Chelsea, taking into account revenues and shareholder resources. Pound for pound they are performing in line, but not out performing, hence the dissatisfaction of their fans.

 

[tsubaki]

They live within their means, however their means are greater than all but Man U, Man C and Chelsea, taking into account revenues and shareholder resources. Pound for pound they are performing in line, but not out performing, hence the dissatisfaction of their fans.

Thats just the fans though - and it should be pointed out that "their means" (and Uniteds for that matter) only exist because the board of that club had an idea which worked, and which has generated a great deal of money for that club. If they had stayed at Highbury, outsourced everything non-essential and poured all the money they could afford into the playing squad and coaching staff, they would not have those means.

 

[Moomin]

You'll look a right mug when Mary turns up now

Who shagged Mary then? Lucky [Poor language removed]

 

[steken1]

You're deluded if you think anything I said in that post is a wind up. You're expecting a billionaire to fly in on white horses with the virgin Mary and spend upwards of £400m+ getting us to compete with the likes of City. It won't happen we aren't attractive enough. The stadium being the main problem.

Horses don't fly.

 

[ToffeeMike]

I hate how our club is run seriously. Not letting our campaign groups into meetings and giving them updated information on further developments is a joke. I'm expecting more protests in the coming weeks.

 

[Bungle]

Who shagged Mary then? Lucky [Poor language removed]

Everyones had a go, local bike nowadays. She's as much a virgin as I am a rapey ewok with an appetite for lubeless sex....

Oh hang on...

 

[The Esk]

Thats just the fans though - and it should be pointed out that "their means" (and Uniteds for that matter) only exist because the board of that club had an idea which worked, and which has generated a great deal of money for that club. If they had stayed at Highbury, outsourced everything non-essential and poured all the money they could afford into the playing squad and coaching staff, they would not have those means.

I agree entirely - their means are a result of investment decisions made by current and previous owners, the distinction I was making is that other clubs, Man C and Chelsea for example live beyond their means and rely upon their benefactor shareholder.

Its much easier to run a business knowing that your shareholders will bail you out if you over spend or make a wrong decision than it is if your shareholders force you to live within their means, regardless of their strategic successes.

Meanwhile at Everton we live within our constantly diminishing means (in real terms relative to our peers) because of the poor strategic decisions and unwillingness/inability to provide extra funding of our main shareholders

 

[Stend]

Horses don't fly.

EXACTLY :/

 

[Gwladys St. Glory]

Speaking of Arsenal, I think David Dein's had a large hand in someones "success" here...success meaning not completely failing.

 

[tsubaki]

Meanwhile at Everton we live within our constantly diminishing means (in real terms relative to our peers) because of the poor strategic decisions and unwillingness/inability to provide extra funding of our main shareholders

I know, which is what its annoying when the BU seem to only ever go on about investment in the squad and that Kenwright should sell up. Kenwright is to blame for not improving things under his watch, and for some of the commercial deals signed, but the rot began long before him and its not something that a vanity "investor" (of the likes of Abramovitch or the City Arabs) is likely to fix*.

* of course the comical thing is that NESV were probably going to fix the RS by building the new ground, but have been forced to spend most of their money on appeasing the cretinry instead.

 

[The Esk]

* of course the comical thing is that NESV were probably going to fix the RS by building the new ground, but have been forced to spend most of their money on appeasing the cretinry instead.

Which goes back to my point about alignment of interests, unless fans are shareholders, or shareholders are fans with means it is an impossible circle to square

 

[kenada_blue]

Took me ages that. No ripping, meffs

Christ that's poor.