Moshiri on Jim White show on TalkSport today....

[joey_macmo]

I doubt we'll ever be 'debt free' He has however, it seems, freed us from the restrictive debts. That's all he needs to do to move us forward. There are very few businesses that are entirely free of debt.

True but that's not what's being claimed here and elsewhere.

Hibbo's class deals in facts, when a poster comes at him with sound bites hes gonna pull the documents.

 

[tommye]

Your name is Sue ?

 

[Deleted member 24970]

I've got to be honest @davek if we have to sell the odd player to help improve the squad, whilst focusing our finances on a new stadium, then I am all for it, as long as the board say so. Selling stones and only spending that money makes it look like Moshiri didn't invest a penny, but if he is investing long term behind the scenes then I can cope with that. Long term investment and such, Arsenal had to qualify for the champions league every year to keep up with the debts.

 

[The binman chronicles]

Unless he's acquired a few extra shares that nobody knows about yet then no he is not the majority shareholder.

While technically this is true, it doesn't take a massive leap of the imagination to think that of the 10,163 shares in control by 'other's', someone who is aligned to Moshiri has 36 or more of them. Thus making him the defacto majority shareholder when it comes to any votes etc.

 

[davek]

I've got to be honest @davek if we have to sell the odd player to help improve the squad, whilst focusing our finances on a new stadium, then I am all for it, as long as the board say so. Selling stones and only spending that money makes it look like Moshiri didn't invest a penny, but if he is investing long term behind the scenes then I can cope with that. Long term investment and such, Arsenal had to qualify for the champions league every year to keep up with the debts.

Soi it's basically the Kenwright plan then. Sell players, get Sky money in, pray for a new stadium to come off that isn't snarled up in inquiries and comes to fruition. How long we looking at that for? The next 5 years...if all goes swimmingly from this point on?

Maybe I'm being naive, but I'd have thought that the beauty of having a billionaire businessman in control would be that he'd be able to make sure the commercial revenue of this club was being boosted dramatically in the meantime so that the club's squad investment wouldn't be hindered by FFP rules. Listening to Moshiri yesterday though it's clear that commercial transformation will only take place post-stadium build.

I see no tangible difference therefore between this regime and the last.

 

[davek]

Do just pick things out and spin them your way, Dave? The "too expensive" bit was just about RK's sense of humour.

Served its purpose though: the implication being that if we dont land expensive targets in the future everyone remembers the Moshiri words about Koeman being prudent with cash rather than players being out of our reach.

 

[tommye]

Served its purpose though: the implication being that if we dont land expensive targets in the future everyone remembers the Moshiri words about Koeman being prudent with cash rather than players being out of our reach.

He was joking about a player as good as himself (Koeman) would be too expensive, but OK, use this as another negative if you must.

 

[Eggsyblueskin]

Served its purpose though: the implication being that if we dont land expensive targets in the future everyone remembers the Moshiri words about Koeman being prudent with cash rather than players being out of our reach.

Would you rather he was imprudent with the clubs finances.?

 

[Deleted member 24970]

Soi it's basically the Kenwright plan then. Sell players, get Sky money in, pray for a new stadium to come off that isn't snarled up in inquiries and comes to fruition. How long we looking at that for? The next 5 years...if all goes swimmingly from this point on?

Maybe I'm being naive, but I'd have thought that the beauty of having a billionaire businessman in control would be that he'd be able to make sure the commercial revenue of this club was being boosted dramatically in the meantime so that the club's squad investment wouldn't be hindered by FFP rules. Listening to Moshiri yesterday though it's clear that commercial transformation will only take place post-stadium build.

I see no tangible difference therefore between this regime and the last.

You have valid points Dave, the truth on paper is that Moshiri didn't spend any of his own money on players, we sold to buy. I do believe that some sort of FFP wage cap/increase played a part (although im not going to pretend I know what its all about).
The difference between bill and Moshiri is that Moshiri has the acumen to actually push the stadium forward. Plus I hope the TV deal helped towards the debts rather than the agents pension funds.
I think the next 12 months are huge in maybe displaying Moshiri's work behind the scenes such as commercial deals and new sponsorship.

 

[davek]

Another Davek fact? Mate, you post personal (and mostly negative) opinion and present it as 'fact'. You know what? You may even turn out to be right on this particular point, but if the outcome is that the club has released itself from a suffocating debt restriction and then re-levered on more flexible and commercially viable terms, isn't that a positive? Do you really expect people who have worked hard to make a fortune to just come and give it away to a cause that has the potential to be a bottomless hole (ie. Owning a football club)? He is using his business acumen - AND some financial clout / liquidity - to put the club on a sound footing to support itself. Strangely, in the real world, that actually includes having debt, in a form that is manageable and sustainable.

And don't bang on about him taking the club on to strip assets and grab the Sky booty - that's such a naive argument in the current paradigm.

The only thing we have right now are words. There is no deeds to point to that would give you cause for being overly optimistic. That, btw, is the position of the owner of this forum in this very thread. Perhaps you can also make plain to him that he's similarly wrong to yet be persuaded this feller has done anything of substance yet?

 

[davek]

He was joking about a player as good as himself (Koeman) would be too expensive, but OK, use this as another negative if you must.

...I know that mate, I listened to the same words as you. The underlying message is there though. People like him dont say much without there being a reason behind it. It wasn't a throwaway anecdote, it had a message inside it.

 

[Blue Cheese]

With regards to the commercial aspect, we have contracts with sponsors, you can't just cancel them, it will take time for that side of things to be reformed

 

[davek]

Would you rather he was imprudent with the clubs finances.?

He's not getting the chance to be spendthrift or frugal yet, that's for sure.

 

[davek]

You have valid points Dave, the truth on paper is that Moshiri didn't spend any of his own money on players, we sold to buy. I do believe that some sort of FFP wage cap/increase played a part (although im not going to pretend I know what its all about).
The difference between bill and Moshiri is that Moshiri has the acumen to actually push the stadium forward. Plus I hope the TV deal helped towards the debts rather than the agents pension funds.
I think the next 12 months are huge in maybe displaying Moshiri's work behind the scenes such as commercial deals and new sponsorship.

He has more clout than Kenwright et al; more importantly he has credibility as a man of wealth whereas Kenwright et al were a busted flush with our local state/other land owners.

But it;s one thing to have that and another to get a stadium past planning permission. That doesn't appear to be a problem on the horizon yet, but I'd brace myself for objections...which will slow the whole thing down. So, what do we do for the next 5 years with no commercial growth to offset that? We sell our players and rely on tv cash handouts.

Plus ca change.

 

[Ashtonian]

Served its purpose though: the implication being that if we dont land expensive targets in the future everyone remembers the Moshiri words about Koeman being prudent with cash rather than players being out of our reach.

don't think it has been mentioned yet mate. didn't Koeman say in the summer he has (nor wants) any dealing with transfers and that would be done by walsh?

So hard to hold anything against him if he himself said he doesn't want to deal with that side of things?