Preacher
Always Crying
F*** off moustache.
He owns 100% of the club. He owes money. The stadium and club are an asset. Mmmm........Wait, he’s only using £45m of his own money to buy out Usmanov. The other £557m is a loan, which he says won’t be on the club.
But this means he’ll now have complete power to start taking out ‘management fees’ like he’s done before and divends, without any checks.
The Arsenal Supporters Trust are very concerned and called it a ‘dark day’.
Hasn't Kronke had 10 years to prove you wrong already?
Well isn't like he gave us zero money to spend our failure in last 10 years it's was because of poor management from Wenger and refusing to improve the team. Because since 2013 we spent like 350-400M on transfersHasn't Kronke had 10 years to prove you wrong already?
He has had effective control for years. The reason he hasn't invested in the club is that he doesn't believe in it. He believes in keeping things ticking but not in trying to be one of the world's best teams because as you say "he is a businessman". He doesn't like "soccer", he is not an Arsenal fan. He worships money and he wants the Arsenal because he wants more money.I think its a lot different when you don't have full ownership of something.
If I owned 70% stake in a billion pound business and I knew some other guy wanted to buy me out I wouldn't put any money into that business until I was the full owner, otherwise you could just be losing big cash, we aren't talking thousands we're talking multi millions. If you're going to invest in transfers its go big or go home in this market. As a businessman Kroenke has done what you'd expect. Although none of us agree with it, from his point of view I understand.
Now he has full ownership, again, as a business man he should be thinking if I add investment now, if we do genuinely win the PL or CL at some point in the next 5 years, then I'll be a lot better off.
Please point out to me, with supporting references, what evidence you have that Kronke has "given" Arsenal anything.Well isn't like he gave us zero money to spend our failure in last 10 years it's was because of poor management from Wenger and refusing to improve the team. Because since 2013 we spent like 350-400M on transfers
Tbf to Kroenke, the club has been preaching the self-sustainable model for a long time now. Spend only what you earnHe has had effective control for years. The reason he hasn't invested in the club is that he doesn't believe in it. He believes in keeping things ticking but not in trying to be one of the world's best teams because as you say "he is a businessman". He doesn't like "soccer", he is not an Arsenal fan. He worships money and he wants the Arsenal because he wants more money.
So the only "investment" that will come into the Arsenal is a proportion of whatever operating profits Arsenal makes. The rest will go into his vaults and there will be no new money. Being optimistic is one thing but not seeing how things are shaping up is being an ostrich. The guy has a track record on this.
Yep, which is why he weaselled his way in. But we know the self-sustainable model is dead at the top of football.Tbf to Kroenke, the club has been preaching the self-sustainable model for a long time now. Spend only what you earn
I don't know he maybe didn't give arsenal the full support financially. But I'm willing to see what he'll do now he own the club. If continue to get bad there is that Nigerian billionaire will try to buy the club soon anywayPlease point out to me, with supporting references, what evidence you have that Kronke has "given" Arsenal anything.
He didn't give Arsenal anything. He used his money to buy shares to achieve control. He then tested the waters by paying himself fees, there was an outcry. So he goes for full ownership where he can pay himself whatever he wants and not even tell anyone.I don't know he maybe didn't give arsenal the full support financially. But I'm willing to see what he'll do now he own the club. If continue to get bad there is that Nigerian billionaire will try to buy the club soon anyway
Usmanov is not an Arsenal fan either. His only advantage was that he might have put money in the club.I hope Usmanov really is an Arsenal fan and keeps his shares. If Arsenal go into private ownership is will be disaster, no viewable accounts, no BoD, he could even register the club in America, imagine that, Arsenal become American! (no offence to Americans on AM)