Player:Saliba
There must be a reason when not looking through a financial lens? Does it provide insurance for other Kroenke dealings?
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Arsenal Finances
- Thread starter TheLoneFalcon
- Start date
- Replies 1,710
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Player:Saliba
There must be a reason when not looking through a financial lens? Does it provide insurance for other Kroenke dealings?
Sanchez11
Nobody Is Coming!
Country: England
How much is the debt now?
Country: Canada
Gross debt is £227m per 16/17 accounts.
Sanchez11
Nobody Is Coming!
Country: England
Wow i thought it was less than 100m, i wonder how long the stadium loans were taken over because they went back for more money in 2004.
Player:Saliba
Country: Scotland
Country: Scotland
Since my last post I've done a bit of digging. 25 and 23 year bonds as recorded in our 06/07 accounts. Using the fixed rates the overall debt outstanding for the stadium at the end of 16/17 should be 182,014,104. So we must have accumulated other debt (player amortisation potentially?)or other debt that was in place already and prior to the stadium move and not fully repaid. Which reading early accounts seems to be the case.
It's actually interesting reading old articles here is one I enjoyed
https://www.independent.co.uk/sport...-will-not-threaten-wengers-budget-310638.html particularly not needing extra money and the playing budget being there. And that's from 2005
Goonerozil33
Active Member
Liverpool overtaking us is a theme that repeats itself every 5 years or so. They make far too much noise anytime they are near any kinda success.
Country: Australia
Think Zig when we look at Arsenal financials we have to look at it as a part of the Kroenke sport franchise . Think his big focus is that shiny new stadium in LA .
One thing you give it to them is they are willing to take risks.
There are obvious downsides to it. But as a fan, I want to see my club to keep trying and not do nothing. I think that's enviable to be fair.
tap-in
Nothing Wrong With Me
Obviously I've looked at the accounts, thats why I know what cash we have and that it went down
My point is our cash reserves are always high and I think (my guess) that Kroenke has a reason for that, maybe to use as leverage in the future? Who knows! As I said we'll see at the end of the window but I'd be amazed if the cash reserves drop much at all.
Country: Canada
Obviously I've looked at the accounts, thats why I know what cash we have and that it went down
Sorry I meant "you" as in the collective not you personally! I should have said "one only needs to look at the accounts"
Country: Canada
Yeah I think you're right but I really don't want to believe that. I really want to believe that it's just our Board being complete dinosaurs and completely risk averse. I mean look at the age composition of our directors ffs.
Country: Australia
They are dinosaurs and judging the responses at the last AGM pompous twits .
say yes
forum master baiter
https://www.theguardian.com/football/2018/jun/06/premier-league-finances-club-guide-2016-17
Good guardian article today on all the club in the PL's finances based on the most recent annual reports (the 2016-17 accounts).
Our turnover is the 3rd highest in the league, but only the 5th highest wages. Clearly not punching at our financial weight.
Good guardian article today on all the club in the PL's finances based on the most recent annual reports (the 2016-17 accounts).
Our turnover is the 3rd highest in the league, but only the 5th highest wages. Clearly not punching at our financial weight.
Batman
Head of the Wayne foundation for benching Nketiah
Country: USA
Player:Saliba
We're in kind of a unique situation in terms of our ownership. You could make an argument that we're maybe the only club of our size for whom there is even a debate about whether we are the biggest sporting priority for our owner. I suppose maybe the same argument could be made with Liverpool's owners and the Red Sox but they seem more engaged than Stan. But you look at all of the other big clubs and they are very much the crown jewel of their owners' portfolios and are treated as such. We are arguably 2nd fiddle to a stadium which is disgusting to think about.
TromsoGooner
Obsessed With Looking for Eric
Sp**s pay Levy 6M? He seems to be doing a very good job but that`s a huge amount of money
Mo Britain
Doom Monger
Levy combines more than one job.
Interesting to see that the next highest-paid director is employed not at moneybag teams like Man City or Chelsea or even Man Utd but at.... Arsenal!!! 5th in the table (now 6th), 5th in the wage league Arsenal.
Gazidis out.
Interesting to see that the next highest-paid director is employed not at moneybag teams like Man City or Chelsea or even Man Utd but at.... Arsenal!!! 5th in the table (now 6th), 5th in the wage league Arsenal.
Gazidis out.
I thought he was on closer to 10m? He’s done a fabulous job at Sp**s deserves every penny of it. He’s been the main man in their rise unto a top 4 club. Their improvement despite spending next to nothing over the last 5 years has been amazing.
Saving grace is they have yet to win a pot.
