Arsenal Financials

USD 1250 for 26 games, which is $48.00 per game…

I would say the price is not that expensive…

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That’s actually amazing value compared to the prices we pay here lol.

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The 2020 accounts showed circa 200m of debt through bonds and debenture loans etc, 150m still owed for player purchases (mostly worth less than we paid for them) and cash reserves of about 100m to offset this.

We had net spend of circa 125m on players and probably about a 100m loss with the pandemic making income worse since then.

A few years of terrible player trading spending loads on shitters who go for free and the clubs balance sheet is starting to look rather poor.

The club also looks a 100m short of players to be competitive for CL qualification.

We never needed a sugar daddy owner more than now.

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If we’re serious about getting players of the quality of Isak, we’re going to need a lot more than 100m so I wonder if the board have had enough and are starting to realise that Arteta is going to cost them a lot more than if they had gone for a proven manager like Conte.

In this window we were desperate in a few positions but the only business we did was to shift high earners and I don’t think they are going to invest much in the next window either.

Apart from a few decent young players, our squad isn’t good enough to challenge for much more than an EL place, even after spending 200m.

There is a lack of depth of quality in most positions and we have gaping holes in key positions with a manager who hasn’t proved he isn’t anywhere near good enough to challenge for anything more than an EL place

We need a top level striker, CM and winger, as well as strengthening a threadbare squad, which is going to take a lot of investment.

But I really think the board might have had enough and pulled the plug on Arteta, after seeing no perceivable difference in our league position in two seasons, with record investment in new players.

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Insightful (long)read from the awesome Swiss Ramble :point_down:

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Good read, that.

Reaffirms that Arsenal do not have a clue how to sell players.

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Nicolas Pépé £72m, Alexandre Lacazette £48m and Granit Xhaka £41m. Realistically, it is unlikely that any of these will be sold for a profit.

You don’t say.

We have seen all these first team players leave for almost nothing:

Aubameyang
Ozil
Mustafi
Mkhiaytan
Chambers
Willian
Kolisinac
Sokratis
Ramsey
Wilshere
Perez
Cazorla
Welbeck
Monreal

They were all on big wages and a lot of them were record signings.

We have also sent out on loan players like Guendouzi, Saliba, Torreira, Mavro, Bellerin, AMN, Mari, etc, who will also go cheap.

This is a perfect example of how not to run a football club.
It is incompetence of the highest level and that’s being polite.

It’s as if we’re being run by a bunch of spurs supporters.

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Your boy Levy is doing a mazza at Spurs mate. They’ve got a shit squad, lose loads in player sales and now have loads of players who aren’t worth even half of what they paid for.

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Top of the ambition table though which is really all that matters

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After the sensationally expensive managerial hiring and sacking of Mourinho and Nuno they’ve now appointed a bum director from Juventus who Juventus fans despise for his terrible squad building and then subsequently hired Conte for 18 months and didn’t sign anyone he wanted.

What a truly ambitious club.

Maybe, but they’ve got Conte, while we persist with Arteta and haven’t wasted record amounts on players and wages.

I can’t stand spurs or Levy but at least they have an owner who is a supporter, that understands the rivalry between the clubs and does what he thinks is the best for them.

It’s just lucky for us that his decision making is almost as inept and incompetent as our owner’s is.

You’re confusing ambition and incompetence.

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Or the recruitment/contract management was poor leaving little resale value

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I’ve got to say, this is what I think sometimes when you’re criticising our club’s lack of ambition. A lot of the times it’s the incompetence that’s the problem.

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I think it’s a little of both, mate, to be honest. As per the post, Iwobi is probably the best bit of business we’ve done in terms of selling for a number of years (since Adebayor to Man City, maybe?)

All other transfers out have had me questioning just how much the transfer fee should have been.

You have to drop this now. Levy has ruined Spurs with his decision making over the last few years.

Shitty expensive transfers, shitty managerial hires.

Even hiring Conte for 18 months is hilarious. It’s pure desperation you’re paying the man mega money for an 18 month job when it’s going to take him at least a year to get a decent layout for this Spurs team. 6 months later he’s back off to a bigger club

Spurs are a poorly run club, by a poorly run chairman. They’re not a beacon of ambition which other clubs should aspire to attain.

Spurs fans absolutely detest Levy for the way he fumbled their “peak” like 5-6 years ago

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And let’s not forget Levy pockets almost 3m a year for the privilege.

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Honestly not sure how it’s even possible for us to compete with these hyper competitive and brilliantly run clubs like Leicester and Spurs

I’m almost certain that had we been sitting on a Harry Kane type asset in summer and we’d been approached by Man City, we’d have dealt with it disastrously differently.

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In what sense?