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Up the arse! Arsenal 2012-13

Discussion in 'football' started by Pickman's model, Jul 4, 2012.

  1. Pickman's model

    Pickman's model Putting the FU into fun

  2. Corax

    Corax This will change your life: http://bit.ly/19lPFRa

  3. Lo Siento.

    Lo Siento. Second As Farce

    I have a feeling he'll be a great disappointment this season anyway...
     
  4. Pickman's model

    Pickman's model Putting the FU into fun

    when rvp said that views of moving the club forward differed, i wonder if that meant wenger's got a couple of signings in mind and rvp might not loom as large in his plans as rvp wanted.

    anyway, let's face it: arsenal haven't been all that successful with him, let's see how we get on without him.
     
  5. Corax

    Corax This will change your life: http://bit.ly/19lPFRa

    Piers Morgan's twitter breakdown is proving fairly amusing.
     
  6. Lo Siento.

    Lo Siento. Second As Farce

    That strikes me as unlikely.

    After all, he's unlikely to be the main man at Citeh.
     
  7. Corax

    Corax This will change your life: http://bit.ly/19lPFRa

    With such ridiculously optimistic delusions as that, I'm wondering if you're not one of us in disguise.
     
  8. marty21

    marty21 insidious agendas everywhere

    should have sold him before the Euros :facepalm:
     
  9. purenarcotic

    purenarcotic Conveniently Pocket Sized

    As one leaves, another joins. Lukas Podolski has just signed as a striker.
     
  10. Pickman's model

    Pickman's model Putting the FU into fun

    any sort of breakdown piers morgan has is fairly amusing, all the more so when it's in public.
     
    Corax likes this.
  11. Lo Siento.

    Lo Siento. Second As Farce

    if you spend the money on a proper, experienced, defensive midfielder, get rid of Song (no-one to do his silly through ball to now, heh), then you might be alright.
     
  12. nuffsaid

    nuffsaid But this goes up to 11

    yeah, but there's always Bendtner. yay.
     
  13. iROBOT

    iROBOT CURRENTLY RE-BOOTING

    Bit disappointed in RvP, after we stood by him over the rape charges and his many years of injury strewn seasons, thought some loyalty might be forthcoming. Still seems like he might see his contract out, which is ok (I suppose) but I'd rather get cash now.

    This Giroud looks like he's the payer Bendy should have been and we know Podolski's a proven international, so were in better shape without RvP than we were without Fab last year.

    Anyhow, whatever (they come and they go).

    Looking forward to Nigeria v Arsenal....Should be mental:cool:
     
  14. iROBOT

    iROBOT CURRENTLY RE-BOOTING

    Letter from Usmanov & Moshir to the board over (mostly) the RvP issue. From the BBC.

    Dear Sirs,
    In recent weeks a couple of separate actions have occurred, which have caused us, as a near 30% shareholder in the Club, to have serious concerns about the approach of the Board and the management team:
    • Firstly, there were some very deliberate and public comments by Ivan Gazidis which were intended to leave the Club's supporters with an impression that Red & White is in some bitter stand-off with the Board over its desire for a Board seat and that our involvement on the Club's Board might cause conflict and "destabilize" the Club; and
    • Secondly, OJSC MegaFon (Russia) received a cold call letter from Mr Gazidis requesting a meeting to discuss a possible international partnership deal including shirt sponsorship. MegaFon is one of the three largest mobile phone companies in Russia and also happens to be over 50% owned by Alisher Usmanov. Is this really the level of professionalism that is being applied to securing long-term commercial contracts?
    Let us not forget that we have invested circa £200 million of cash in the equity of the Club. We are part of this Club and naturally want the best for it, but our investment is less important than the fact that we are loyal supporters and will never do anything that would destabilize or "create conflict" at the Club.
    We do however believe that you, the Board, and the executive management team should focus your energies on the most efficient operation of the Club and desist from seeking to create a false enemy in Red & White. In our view it is clear that you are trying to distract attention from the more fundamental issues facing the Club, and which indeed many of the supporters discuss through social media sites and other forums on a regular basis. These are the financial model, the lack of investment and the Club's future strategic direction.
    However, before addressing these points, it is important to deal with the issues surrounding a Board seat for Red & White once and for all. As you all know well, Mr Usmanov has never sought for himself a Board seat at the Club. Indeed Mr Usmanov does not hold any board seat in any of the companies where he is an investor. Since the purchase of our first share in the Club, we have not only steadfastly adhered to a policy of non-interference in the running of the Club, but have consistently supported the management and given no reason whatsoever to be accused of subversion or sabotage. The history of our voting in support of the Board at the annual general meetings is proof of this.
    Indeed, in any conversation about conflict, it is clear from a look at the history of the Club in recent years that the Board has achieved conflict without the help of any outside parties, notably the acrimonious departures of David Dein, Keith Edelman, Lady Nina Bracewell-Smith and Richard Carr, who then reappeared on the Football Club Board. You also instituted a lock-down agreement originally to prevent Mr Kroenke from gaining control and then, later, to exclude our involvement even though there were no grounds or need to do so.
    The real conflict seems to be between the supporters' expectations and your vision for the Club and at the heart of this is the policy of so-called self-financing. The self-financing model was created to suit the major shareholders at the time, all of whom subsequently sold their shares.
    The previous decision by the Board to fund the building of the Emirates Stadium with long-term debt was, we believe, certainly not about self-financing. If it had been, it would have been funded through a mixture of debt and non-dividend equity. Instead it allowed, in our view, the major shareholders of the time, who happened to all be Board directors, to load the Club with a liability, to benefit from increased future revenue streams and consequent increase in the value of their holdings, whilst avoiding dilution of their equity. The Board of the time then appeared to pursue a policy of increasing ticket prices and squeezing the fans to cover the short term cost increases which allowed them to bridge until all of these shareholders and Board directors sold 100% of their holdings and cashed out at vast profits.
    This policy does not seem to have changed. We have sought and been refused any meetings with Mr Kroenke despite the fact that we own almost 30% of the Club or to put another way almost 1 in every 3 seats in the stadium. It is clear that our stated policy for the major shareholders, namely Mr Kroenke and ourselves, to inject non-dividend paying equity into the Club by way of a rights issue to reduce the debt and invest in the future is of no interest to the Board. Mr Kroenke was sold a vision by the Board at the time that the Club could be successful without further investment, so he is pursuing a similar policy which is to run the Club without any investment and to avoid any dilution of his equity, a good part of which was funded by a loan from Deutsche Bank AG to KSE, UK, Inc. at the time of the mandatory offer. The status of that loan and whether it is still outstanding has not been clarified by Mr Kroenke.
    As a consequence of this policy, which is dressed up as prudent financial planning, it is down to our manager, and not the shareholders, to have to deal with the Club's tight finances, carry the burden of repaying the stadium debt by selling his best players and having to continue to find cheaper replacements. All of that, naturally, comes at the expense of performance on the pitch.
    This policy is leading to the loss of our best players, often to our main competitors, and even causes the players themselves to question their future at the Club and the Club's ambitions. The situation with our captain and outstanding performer from last season Robin van Persie sums this up. Yet again we are faced with losing our true marquee player at the Club because we cannot assure him of the future direction and give confidence that we can win trophies. Where are the safeguards to ensure that this doesn't happen again and again in the future? As a top Club we should, at the very least, match if not beat the offers that other clubs make to try and lure our very best players away, and also provide a more compelling vision of the future. You can try and put a good face on a bad game for as long as you want, pontificating about the merits of this model, but it will not hide the obvious fact that it just does not allow our great manager to fully realize his managerial talent and deliver success for the fans who are paying the highest prices in the land. It appears that a place in the Champions League will be the pinnacle of our ambition again next season. Unfortunately, in the future we may see this ambition lowered further. It doesn't help to turn a blind eye to the reality of the situation and keep thinking of ourselves as being in the same league as Real Madrid, Chelsea, Manchester City and Barcelona. To have a fighting chance of success, which means winning trophies, we need to match them in every aspect, including, if not first and foremost, financial.
    So what is Red & White's vision for the Club? It is simple. A debt free Club, with a big enough war chest to buy top talent players who can hit the ground running and who can complement the Club's long tradition of developing young players and homegrown talent. Together they can help the Club win the most prestigious trophies - because it is the trophies which are the crowning achievement for everybody at the Club. The trophies are also key to the commercial success of the Club - they increase the value of the players, the value of the brand, attract the best sponsors and maximize the value of our commercial contracts which should in turn mean that the Club does not have to squeeze any more income from hard pressed fans. We also believe in the transparency that a stock market listing brings so are committed to the Club remaining listed on the stock exchange and to greater fan involvement both through share ownership and also Board representation for the fans.
    Today we wish the majority shareholder Mr Kroenke every success in running the Club, even though we have deep reservations about the viability of the policies being pursued by his management team and sanctioned by the Board.
    Finally and reflecting our long-term commitment to the Club, we will continue to purchase more shares in the Club from anyone who wants to sell them to us. Also in order to formalize our long-term involvement with the Club and put an end to any speculation over our position, we, as the co-owners of Red &White, will proudly retain our holding in the Club as a long-term investment for ourselves and our family members to benefit for generations to come. We want the absolute best for the Club and will do what is necessary to ensure the success of the Club that we all love.
    Yours sincerely,
    Alisher Usmanov
    Farhad Moshir
     
    TitanSound likes this.
  15. TitanSound

    TitanSound Mr Beardy Drummer

    Hmm...

    Not really sure about the squabbles going on but they have a very valid point regarding the financial model and selling of top players. But then again any fool can see what's happening there, as many have pointed out over the last three or four years.

    The last paragraph makes me retch a bit though. The club that they "love"? Bit dubious about that tbh.
     
    iROBOT likes this.
  16. iROBOT

    iROBOT CURRENTLY RE-BOOTING

    I dont mind the "love" bit, I mean we all Love Arsenal...yeah? And I want our owners to be fans (too much to ask for?).

    I would like to know where RvP and the Board differed in their respective approaches to the future of Arsenal. I have my suspicions but dont have time now to go into them (posting on work time).....
     
  17. TitanSound

    TitanSound Mr Beardy Drummer

    Yeah, but I've been (as have most of us) a fan for as long as I can remember :D

    Please do, who's time do you think I'm on right now? ;)
     
  18. Big Gunz

    Big Gunz Well-Known Member

    Bendner had an excellent Euro's, bring him back!
     
  19. iROBOT

    iROBOT CURRENTLY RE-BOOTING

    Sorry not quite the rebel you are...:)

    This "difference" between RvP and the Board I heard expanded on by John Cross, (Journo, Gunner) on Radio this morning. RvP thinks that Arsenal need's to pay the going rate for the likes of Hazard (et al) to compete and the Board are holding out for the FFP to kick in, to level the field in which Arsenal will have a more even competition (financially).

    I think Usmanov makes some good points here. Members of the board have made huge money out of Arsenal shares and Arsenal has stagnated in that period.

    Ambition has to be for the title and not European competition, if Usmanov is right and they are content with the latter, then I would be pissed off.

    Shaping out to being a fascinating season on all fronts nonetheless.
     
    TitanSound likes this.
  20. Gingerman

    Gingerman Is a great bunch of lads.....

    Lets sell the one season wonder ;), and move on. As someone famous whos name I cant remember once said " loyalty???...if ya want it, get a fucking dog".
     
  21. Pickman's model

    Pickman's model Putting the FU into fun

    he's not got too bad a record of scoring: it's the fact he should have twice as many that's irritating.
     
  22. Gingerman

    Gingerman Is a great bunch of lads.....

    Surely our worst celeb 'supporter' now that Bin Laden's with his numerous virgins
     
  23. Pickman's model

    Pickman's model Putting the FU into fun

    our worst celeb supporter is prince harry i think.
     
  24. TitanSound

    TitanSound Mr Beardy Drummer

    And RVP is right.The reason the board want European football so much though must be because of the financial benefit it brings. What would we earn from winning the domestic title out of curiosity?

    I do wonder why we have gotten Podolski and Giroud on the "cheap" seeing as they seem to be great players on paper. Makes me feel a bit dubious about it all.
     
  25. Monkeygrinder's Organ

    Monkeygrinder's Organ Domination Snert

    Giroud had a relatively low buy-out clause in his contract and apparently turned down Chelsea. Podolski just hasn't been that great for a while.
     
  26. TitanSound

    TitanSound Mr Beardy Drummer

    Good news and bad news all in one sentence :D
     
  27. iROBOT

    iROBOT CURRENTLY RE-BOOTING

    Podolski's domestic form is not bad, although suffered a bit in the latter stages of the season in Germany but the team as a whole were pants and he was one of the few shinning lights in it, Dont forget Pires was a washout before he came to us (not that I'm saying Pod' is). If Podolski can get 15+ goals for us then that's what we need. I expect Giroud to hit the ground running, built for the English game, tall and strong with imagination and not scared to take chances.

    That Usmanov letter's causing quite a stir in the Arsenal forums I've been on last night. They pointed out a few things which I had missed. Amongst them was the financing of Kronkes loan to buy the last batch of Arsenal shares. It might be that he's doing a Glazer on us, some are certainly accusing him of that.

    If true, then I think this is outrageous and the man needs to go, two reasons not to own a club are 1. for ego reasons and 2. as a cash cow. Both have the potential to ruin the club in question. Also what the hell is Gazides doing sending "cold" letters to a Russian mobile phone company for sponsership deals when it's majority shareholder is Usmanov :confused: Sounds a bit micky mouse (like)
     
  28. TitanSound

    TitanSound Mr Beardy Drummer

    Wasn't Gaz the man something to do with Major League Soccer over in the states? Kind of explains it if so :D
     
    iROBOT likes this.
  29. iROBOT

    iROBOT CURRENTLY RE-BOOTING

    Yeah, got him straight from there (as you say). Nothing against him, but he's not a patch on Dean.
     
  30. Gingerman

    Gingerman Is a great bunch of lads.....

    Or Dein either :p
     

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