The Official Arsenal - 14 x FA Cup winners thread - Vol 4
Discussion
LoonyTunes said:
Obvious points;
When it was spent is not irrelevant if you are trying to argue that it puts us in the same position Arsenal found themselves in.
Of the 340m, £240m was financed from within the club in previous years and has been accounted for. Some would argue that that's why Spurs didn't spend big in the last 10 years. Effectively we already taken a large part of the overall 'hit' for the stadium in years gone by. We turned a profit last year of over £50m - it was over £117m before exceptional items, player trading and depreciation according to the published accounts.
The £400m is a facility, of which only £100m has been drawn down. I have an overdraft facility but I don't use it all - or that often. More will have been used by now but we are also nearing completion.
Regardless, it's still not £1Bn.
It still won't impact anywhere near as much as Arsenal's stadium build did.
Before the TV deals that have catapulted us all into a financial wonderland we would have to have sold Gareth Bale 6 times over to help fund the stadium, today we are trebling salaries instead. We have also just built a state-of-the-art training centre for £30m.
NFL, increased match day income and other event usage must be factored in as must Stadium sponsorship. You can't compare the £350m Arsenal spent with the £800m Spurs spent and the relative impacts on the 2 clubs. We are in a whole new world now. £800m gets you 4 Neymars.
Levy has this covered.
Back when Arsenal moved to the Emirates, the cost of their stadium would have bought you 4 Ronaldos.When it was spent is not irrelevant if you are trying to argue that it puts us in the same position Arsenal found themselves in.
Of the 340m, £240m was financed from within the club in previous years and has been accounted for. Some would argue that that's why Spurs didn't spend big in the last 10 years. Effectively we already taken a large part of the overall 'hit' for the stadium in years gone by. We turned a profit last year of over £50m - it was over £117m before exceptional items, player trading and depreciation according to the published accounts.
The £400m is a facility, of which only £100m has been drawn down. I have an overdraft facility but I don't use it all - or that often. More will have been used by now but we are also nearing completion.
Regardless, it's still not £1Bn.
It still won't impact anywhere near as much as Arsenal's stadium build did.
Before the TV deals that have catapulted us all into a financial wonderland we would have to have sold Gareth Bale 6 times over to help fund the stadium, today we are trebling salaries instead. We have also just built a state-of-the-art training centre for £30m.
NFL, increased match day income and other event usage must be factored in as must Stadium sponsorship. You can't compare the £350m Arsenal spent with the £800m Spurs spent and the relative impacts on the 2 clubs. We are in a whole new world now. £800m gets you 4 Neymars.
Levy has this covered.
It's all relative.
LoonyTunes said:
cbmotorsport said:
The irony of your post is a bit lost on you.
Sorry but it's your own internal logic thats failing.You stated £1Bn with just a DM report to go on and that only quotes "sources".
There is no cost analysis available which ought to tell you that the DM is guessing.
I don't need to furnish proof I made no claims about this - You did so please find one and show me £1Bn in costs and then justify your argument that Spurs will suffer like Arsenal did.
I'll wait.
I never said Spurs would suffer like Arsenal, I made no comparison to Arsenal at all, you definitely haven't read my posts properly have you? Or are you just making things up? I said you would suffer from a period of austerity while you pay off the debt...that was all. I'm sure that you will. I doubt very much it'll be anywhere as severe as the one Arsenal faced, but it'll be there nonetheless.
This banging one's head against the wall is tiresome.
Oh...and you're still swerving the debt statement btw.
cbmotorsport said:
..nothing of any interest...
So a big fat "No, I've got no proof of anything" then. Just some mindless click bait originated by the Mail and respawned by other blogs saying Spurs stadium is costing a billion and your own assumption that we will suffer a "period of austerity".
Yeah, it's going round in circles now. We'll have to wait and see.
LoonyTunes said:
cbmotorsport said:
..nothing of any interest...
So a big fat "No, I've got no proof of anything" then. Just some mindless click bait originated by the Mail and respawned by other blogs saying Spurs stadium is costing a billion and your own assumption that we will suffer a "period of austerity".
Yeah, it's going round in circles now. We'll have to wait and see.
Be surprised unless we have yet another goalie lined up, can’t see Ospina staying, not that he excelled at the WC, spent most of his time rolling around on the floor like a big fanny.
Courtois has pretty much said that if Hazard leaves Chelsea he’s going too, so I suppose stranger things have happened.
Courtois has pretty much said that if Hazard leaves Chelsea he’s going too, so I suppose stranger things have happened.
Cupramax said:
Be surprised unless we have yet another goalie lined up, can’t see Ospina staying, not that he excelled at the WC, spent most of his time rolling around on the floor like a big fanny.
Courtois has pretty much said that if Hazard leaves Chelsea he’s going too, so I suppose stranger things have happened.
Speaking of keepers... just seen two reports; one of Liverpool bidding £66.8m for Allison from Roma and the other claiming Real Madrid have *allegedly* reached an agreement to buy Courtois for £31m.Courtois has pretty much said that if Hazard leaves Chelsea he’s going too, so I suppose stranger things have happened.
Glassman said:
Cupramax said:
Be surprised unless we have yet another goalie lined up, can’t see Ospina staying, not that he excelled at the WC, spent most of his time rolling around on the floor like a big fanny.
Courtois has pretty much said that if Hazard leaves Chelsea he’s going too, so I suppose stranger things have happened.
Speaking of keepers... just seen two reports; one of Liverpool bidding £66.8m for Allison from Roma and the other claiming Real Madrid have *allegedly* reached an agreement to buy Courtois for £31m.Courtois has pretty much said that if Hazard leaves Chelsea he’s going too, so I suppose stranger things have happened.
Courtois is in the last year of his contract so that would explain the mere £31mil.
Cheib said:
Glassman said:
Cupramax said:
Be surprised unless we have yet another goalie lined up, can’t see Ospina staying, not that he excelled at the WC, spent most of his time rolling around on the floor like a big fanny.
Courtois has pretty much said that if Hazard leaves Chelsea he’s going too, so I suppose stranger things have happened.
Speaking of keepers... just seen two reports; one of Liverpool bidding £66.8m for Allison from Roma and the other claiming Real Madrid have *allegedly* reached an agreement to buy Courtois for £31m.Courtois has pretty much said that if Hazard leaves Chelsea he’s going too, so I suppose stranger things have happened.
Courtois is in the last year of his contract so that would explain the mere £31mil.
Cupramax said:
Be surprised unless we have yet another goalie lined up, can’t see Ospina staying, not that he excelled at the WC, spent most of his time rolling around on the floor like a big fanny.
Courtois has pretty much said that if Hazard leaves Chelsea he’s going too, so I suppose stranger things have happened.
Didn't we sign a goalkeeper? Don't know much about him, so is he not first team material?Courtois has pretty much said that if Hazard leaves Chelsea he’s going too, so I suppose stranger things have happened.
Mesut Ozil: Arsenal midfielder says he no longer wants to play for Germany.
https://www.bbc.co.uk/sport/football/44915730
https://www.bbc.co.uk/sport/football/44915730
jbswagger said:
Mesut Ozil: Arsenal midfielder says he no longer wants to play for Germany.
https://www.bbc.co.uk/sport/football/44915730
I imagine the feeling is mutualhttps://www.bbc.co.uk/sport/football/44915730
Adam B said:
jbswagger said:
Mesut Ozil: Arsenal midfielder says he no longer wants to play for Germany.
https://www.bbc.co.uk/sport/football/44915730
I imagine the feeling is mutualhttps://www.bbc.co.uk/sport/football/44915730
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