Toffeemeister
Player Valuation: £8m
I will take any hope right now!
Last Arsenal accounts show 44mill profit and 180mill cash in the bank... pretty sure that they are outperforming most! and they have 220mill debt, so with the cash in the bank they are virtually debt free!
As my dad always says, there are only 2 hopes, Bob Hope and No Hope....I will take any hope right now!
Pie in the sky this.
Sorry mate didnt mean to go off topic, but I thought it was kind of relevant to show why investors might want to invest and allow Usmanov to come here (At least thats my excuse and i am sticking to it lol )Oh they are cash rich, sure, but £44m profit is a goalkeeper these days. Bit off topic, but the cash position Arsenal enjoy allows Kronke to leverage debt to finance his other sport clubs in Merica, allegedly.
Basically, their stadium and PL cash enable him to secure debt to finance other stuff. Again, allegedly.
Can Usmanov play left back?
Sorry mate didnt mean to go off topic, but I thought it was kind of relevant to show why investors might want to invest and allow Usmanov to come here (At least thats my excuse and i am sticking to it lol )
He's not a Premier League standard footballer, so who cares?
Like the one we’ve got playing there already you mean?
When this first came out, esk also said kroenke wouldn’t sell out as it would be adding another challenger into top 6.In fairness to the Esk everything he's said re Usmanov not coming here is true. I just disagree with him on point 3, which in my view seems very similar to the MO of what he wanted to do at Arsenal. Even if you consider the murky creation of an SPV, it smacks of Usmanov.
Thats actually not the case. He has always said, from his (Esks) POV as a business man, that it makes little sense, and would be difficult selling his shares. Think that still holds true.
I am happy to be corrected, but certainly in private, he has not said it would never happen. Or couldnt happen. But hes a mate of mine, so I am biased I guess.
That's the thing, who is going to spend all that dosh on Usmanov's shares, only too, as you say, literally have no power or say on what goes on.
So if you're a business and you paid £400m+ for Usmanov's shares would you be happy to not have a seat on the Arsenal board (like Usmanov) and have no say in the running of the club (like Usmanov) ?