UEFA’s New Financial Rules Will Benefit Arsenal – written by Red Arse

Written by Red Arse

O.K., with the transfer window coming to a close very soon, it might be worth having a look, again, at the new UEFA Financial Fair Play Rules, which will, in conjunction with the new EPL Home Grown Players rules, change forever the way Clubs administer their finances and have a huge knock on effect on the valuation of transfer values and players’ wages.

The background to this new onslaught on the financial funds sloshing around European Football is undoubtedly specifically aimed at the English Premier League clubs.


Unlike the prudent Gunners, many clubs in the PL are funded to a greater or lesser extent by sugar daddy owners. The most notorious abusers of the current Premier League financial laissez faire has been for many years the Chavs, where Abramovich has poured hundreds of millions of pounds in “loans” to bolster what was essentially a bankrupt club.

This money was poured into acquiring players, at hugely inflated prices and wages, with which no club other than, peripherally, Manure could compete. This tactic of collaring the market for the best players, eventually won the braggart Mourhino the PL. Boo!

The Mancs have also been funded in an extraordinary way by the Glazers, who have funded the club by borrowing huge bucks. And now, Citeh have been subsidised by its new owner, Sheikh Mansur, again with hundreds of millions of £’s being poured into the club.

In the most recent accounting period, 2008/9, 15 out of the 20 clubs made substantial losses.

In other words, a massive three-quarters of the Premier League clubs will need to reduce significantly their spending on players’ wages if they are to qualify for European competitions, once Uefa’s “financial fair play” rules are introduced. With effect from season 2012/13, they will have to, at least, break even.

Wow! Do some of these clubs realise how little time they have left to get their houses in order?

However, owners will, according to the rules, be permitted to invest in clubs, via permanent shares rather than by way of repayable loans, which will enable them to build a solid infrastructure such as training grounds or youth development facilities, but will not be allowed to overspend on wages or transfers. The sugar daddies will not be able to call in their loans and simply walk away, if the going gets tough, however unlikely you think that might be, and the normal Company Law rules will apply to their shareholding.

Michel Platini, who many think of as an anti-English plonker, and that includes me, warned of the “danger to football” posed by debt, overspending and “rampant commercialism”. As I said, I don’t like the man, but there is an element of sound commonsense in this.

Clubs cannot return losses of more £38m for the three year period, 2012-15. After 2015 the clubs will be given a further leeway of £25m, for losses during an additional three year period, after which the figure will be substantially reduced.

In the Premier League, besides Chelsea and Citeh, Aston Villa are subsidised by the club’s owner, Randy Lerner, and they lost £46m in 2008-09, while Sunderland lost £26m. Liverpool lost £55m, principally because they had to pay £40m interest on the £250m “purchase” price borrowed from their bank, RBS, by Gillette and Hicks.

Manchester United made a profit in 2008/9 only because of the £81m sale of Cristiano Ronaldo to Real Madrid; in previous years, since the Glazer family took over what was then the world’s most profitable club and ladled huge debts on to it, United have sustained substantial losses every single year.

Clearly, (heh, heh), it is going to be a difficult period of adjustment for all the loss making clubs, like Manure, Citeh, Villa and Chelski etc, who play, or are hoping to play, in European competitions.

Put simply, clubs in European competition can only spend what they earn. The financial fair play rules will require clubs to break even over a rolling three-year period, if they want to play in the Champions League or Europa League.

There will be some leeway enshrined in the rules for the six years after 2012, but as mentioned, some Premier League clubs, notably Manchester City, Chelsea and Aston Villa, could still fall foul of the rule unless they change their spending habits pronto.

Manure, however, believe they will pass the rules threshold, despite the handicap of paying out £45m to service their debts every year. Should be a neat trick!

On the other hand beautiful Arsenal (hooray) and shitty Tottenham (boo, hiss) will pass the test comfortably.

Clubs that breach the rules will not be granted a Uefa club licence to take part in European competitions.

In recent years, Arsenal’s prudence has played a part in their being priced out of the transfer market, which has been dominated by the usual suspects. Starting next year the boot will be very firmly on the Arsenal foot!

We are the Mighty Arsenal! You Will Feel the Financial Power!

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142 Responses to UEFA’s New Financial Rules Will Benefit Arsenal – written by Red Arse

  1. Morning all

    A good read Red Arse and thanks for the post – I’ve had to read it twice :oops:

    A couple of things occurred to me:-

    Would a wage cap solve some of the problem?

    If the very rich clubs didn’t want to play ball couldn’t they set up their own European League?

  2. mikeB says:

    RA,
    Great post, from one of the literary giants of the blogging world. A thoroughly good read; informative, articulate and thoroughly enjoyable.
    My congratulations :lol:

  3. AW says:

    Red Arse

    you are absolutely right, it will change the competivie land scape dramatically and it will bring the game back to a normal ‘business sense’ driven environment. I believe our friend Arsene has anticipated a lot in his strategy going forward and has build the club for future success: The right age , the right timing and the right budget.

    I also beleive it will hurt a lot the likes of Barc, Real and the Italians.

    come on Arsenal

    regards

    AW

  4. Silentstan says:

    But I have the suspicion something will be done under the counter because in no way can I see eufa blocking Barcelona and real madrid

  5. gunnerwong says:

    I agree with peachgooner. But then UEFA must have considered this option.The brand names of the leading clubs is attractive.
    In fact some time ago there was talk of the super league. I doubt if it will take off as UEFA could threaten sanctions. However anything is possible.

  6. GMR says:

    The trouble is Man City’s owners have already said they’ll just increase income by paying for their own seats at ridiculous prices so as to get around this. Obviously not all clubs could do it that way but the ones with very rich owners like City & Chelsea can.

  7. 26may1989 says:

    Good post RA, but I disagree on some of your points:

    I think a distinction has to be drawn between true sugar-daddy clubs like Chelsea and City on the one hand and the leveraged buy-out clubs like Liverpool and United on the other. Much as the sycophants at Sky, the BBC and the press, who are in thrall to the cash, like to ignore it, the sugar-daddy clubs’ performance is completely dependent on artificial injections of cash – in sporting terms it renders anything such clubs “achieve” meaningless, and it stunts the competition for everyone else. And as Pompey and Leeds showed, taking on the debt is often a Faustian pact, trading long-term security for a flash of immediate success.

    But the leveraged buy-out clubs are in the opposite position: far from being supported by their owners, they are labouring under the weight of subbing their owners. Both Liverpool and especially United have of course used their economic might to maintain their playing standards, but that comes from the fact they are two of the world’s most popular clubs. In terms of ownership, they are in a worse position than Arsenal insofar as it affects their spending power, not a better one, because the clubs (i.e. the fans) are buying themselves for the benefit of the Glazers and the other American numpties at Anfield, and are also paying them lavish expenses etc.

    I am delighted Platini has introduced the debt reforms, and, save for his misconceived criticisms of Arsenal’s recruitment of young players from outside England, I’ve always thought he is great for the game, much better than most of the corrupt, self-serving scum that administer the game at FIFA, UEFA, the FA and the PL. But I worry that the Platini reforms will turn out to be weaker than we’d hoped: clubs will still be able to run very large operating losses (initially €45m per year, then €30m), and there are various exceptions that will still give scope to rapacious owners like those at City. Plus the sanction regime may turn out to be less aggressive than we might like: I read Platini this morning say that the UEFA disciplinary committee would look at breaches and would not necessarily bar City etc from European competition initially, it sounds like it might be a sanction that is used after a few seasons of failing to get within the permissible €45m annual loss.

    But it’s better than nothing, at least clubs in England, Spain and Italy are going to have to start to get real. The fact they’ve been brought in only now and by UEFA shows just how pathetic Scudamore and others in the English game have been over the last ten years. But you’re right, Arsenal are superbly well placed to deal with the changed environment. I just wish the reforms were stronger and earlier.

  8. 26may1989 says:

    GMR rightly highlights the fact that there will be attempts by City at least to by-pass the regime, by manipulating definitions of revenue and inject their cash as sponsorship, seat purchases or whatever. Speaking as a lawyer, rules can be prepared in such a way as to pick up these scams, but the really important element comes in enforcement – will UEFA have the guts to come down hard on those who try to avoid UEFA’s own systems in this way? We shall see.

  9. Aziz, KL-Malaysia says:

    As much sense it makes, they will find ways to flout the laws again.
    Let’s say Abramovich (or any puppet for him) buys a company dealing in media & advertisements.
    There’ll be suddenly a “Marketing Agency” paying heavily inflated “actor contributions” including “Lock-in fees” upfront to players (or their previous clubs), which all will never show up in the clubs financials. Then what ?
    Back to square :(
    Worse, the “Marketing Agency” pays the club royalties for engaging the player in advertisements. That even increases the capital available for horrendous player purchases – result is that they are not even found “overspending” and will certainly return a nice and clean balance-sheet.

  10. London says:

    GMR

    It is a pleasure having you on this site, I am not an owner but I am a regular. I hope you will allow me to put my differences on another site in the past aside and embark on a constructive debate in the future. In short, I hope you come back.

  11. It looks like we could write the ‘How to avoid UEFA Sanctions Guide’

  12. London says:

    Excellent read RA

    Having read all the comments it seems that most people are in agreement: there will be plenty of opportunities to bend the rules but for the good of football it is a step in the right direction and at the very least it will make the likes of Man city think even if it does not completely stop them.

  13. London – you are an owner :(

  14. Aziz, KL-Malaysia says:

    @ London: You think ManCity will have any consciessness or emotional block not to flout as they wish ? It’s a billion dollar game, they will shrug everything aside.
    You don’t need to be accountant neither lawyer, just know both worlds placing figures at dubious ledger codes most dumb auditors can’t even figure out – so you think FIFA does ?
    No way.
    And if those figures are found in a “Advertising Agency” paying royalties to the club (funded by the rich guys) there is no way FIFA can apply any laws preventing this as long as the club will have a clean B/S and P&L.

  15. Rasp says:

    Morning all,

    Great article Red Arse – I knew it would flush out the accountants among us ;)

    Squidgy looks frightening in this pic ….

    http://www.arsenal.com/news/news-archive/factfile-on-new-signing-sebastien-squillaci?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+arsenal-news+%28News+Feed%29

  16. 26may1989 says:

    Psycho Squilla…..

  17. London says:

    Hahahah morning Rasp

    That is a scary picture, hope he is on the bench for Saturday.

    By the way it’s not only the accountants that have been flushed out we have the honour of lawyers……

  18. dandan says:

    Fine Article and informed responses, Much to ponder upon

  19. London says:

    I’ll think twice before I get into a debate again with you 26 ;)

  20. Rasp says:

    Haven’t Barça and Real already threatened to form a break-away league? It may be inevitable, and who knows, we could be part of it.

  21. 26may1989 says:

    In the words of Shakespeare, “The first thing we do, let’s kill all the lawyers” (Dick the Butcher, in Henry VI, Part II).

  22. 26may1989 says:

    Not to worry London, as I’ve shown on many occasions, not only am I verbose, I’m often capable of being very wrong……

  23. London says:

    A league wihout promotion or relegation fills me with dread, we will lose so much.

  24. Rasp says:

    London,

    I think Arsène has already announced that he will not travel on Saturday. I’m hoping he’s not thinking of throwing Denilson straight in against Blackburn – its not really his kind of game when he’s match fit let alone returning from injury.

  25. London says:

    You are a valued regular 26.

  26. Red Arse says:

    Hi Guys,

    we are a cynical bunch today, probably with some justification, before the rules even come into force.

    Peaches asked a fair question about a wage cap, as an alternative, such as they have in Rugby League, and there are other ways such as the draft system in NFL, the American Football League system, and it might have been wiser to have had a more far ranging consultation before going the proposed route.

    Perhaps as well as assembling/publishing a Cheats Guide to Avoiding Platini’s Rules; we could advise him of a better alternative, if there is one. :-)

    May26, I loved your response at @ 10:22, worth a Post in its own right. :-) Be interesting to see if others pick up on it.

  27. Andy Mack says:

    ‘In the most recent accounting period, 2008/9, 15 out of the 20 clubs made substantial losses’
    Which ones didn’t?

  28. kelsey says:

    Morning all.

    Very emotive subject,red arse.

    There is no doubt we (Arsenal) are doing things the right way, not living beyond our means,have a proper business strategy, but none of us know that in the not too distant future we MAY also be taken over and join what has become a financial circus, formerly known as the Premier league.

    An even playing field would be nice, but instead the top clubs just drift further away from the rest whose main task is not to be relegated.
    Clubs can be split into different companies, ring fenced and made tax efficent, that all this actually over rides the basic element of supporting your team,where having loyalty from players was the norm, agents didn’t exist and i could go on ….

  29. Rasp says:

    Morning Red Arse – fine piece of work as per usual.

    First alternative would be to get rid of Platini and try to find someone who at least pretends to be impartial – or am I being naive?

  30. London says:

    It will be a silly move to put Denilson straight back in. The only way I can see Wenger justifing it is if he sticks with Song as a CB with Koscielny on the bench but this is unlikely, Wenger has been fairly logical in his selection so far.

  31. dandan says:

    Quote for 26 may made purely in Jest my friend.

    “If the law supposes that,” said Mr. Bumble, “the law is an ass, a idiot.”
    Charles Dickins

  32. London says:

    “First alternative would be to get rid of Platini and try to find someone who at least pretends to be impartial”

    This is funny, you are on good form today Rasp.

  33. kelsey says:

    London

    I expect to see exactly the same starting 11 tomorrow as against Blackpool but with the ommission of Wilshere and Kos coming in, with Cesc and RVP on the bench.

  34. Red Arse says:

    26May,

    Tempting though the thought of dispensing with all lawyers might be, I would have to decline as half of my close family are gainfully employed in the legal profession.

    And an opinionated bunch they are too, who might object and offer me up as an alternative! ;)

  35. brdgunner says:

    How can the Spuds not be in Debt? I don’t understand how they can spend as much as they do?

    Can anyone shed some light on this?

  36. Rasp says:

    Morning dandan,

    I can see parallels between the way Arsenal prepares for and complies with proposed legislation and the way GB behaved when we first joined the EC. We obeyed all the rules while the Spanish, French etc just ignored them in pursuit of their individual interests, and as far as I’m aware even failed to pay the fines. What was going to happen, would they have been thrown out of the EC? – I don’t think so.

  37. Rasp says:

    Morning kelsey,

    I hope you are right with your team selection. What I’d like to see us do this season is get a few early goals to settle the nerves. We specialised in domination of possession with few first half goals last season. Without the late goals we would not have qualified for the CL.

  38. Red Arse says:

    You are spot on Kelsey,

    I obviously tried to keep the topic to a minimum, but there is inevitably going to be ramifications for the “smaller” clubs with these new rules, leaving aside any suspicion they might be “massaged” by the less scrupulous.

    If clubs can spend say 30% of its turnover on players trfs and salaries; then 30% of £1,000 = £300; (representing say Wigan); 30% of £100,000 = £30,000 (representing say Manure).

    The figures are nonsense, just to make a point, but it is an unarguable truism that a club with a low income stream will always be disadvantaged by comparison with a club with a huge revenue stream, however you try to manipulate things.

  39. 26may1989 says:

    Andy Mack

    Am not sure if it’s the same thing, but in March it was reported that one credit agency had blacklisted 14 of the 20 PL members, all except us, United, Spurs, West Ham (!), Blackburn and Sunderland.

  40. London says:

    Hi Kelsey

    I just think that Wenger will start with Eboue in the hope that he will offer defensive strength to help cope with the inevitable early Blackburn onslaught; while, at the same time, running at them which will wear them down in preparation for Theo to come on later and rip them apart.

  41. London says:

    My guess at Wenger’s team.

    ———Almunia
    Sagna,Koscielny,Vermaelen,Clichy
    —Diaby,Song,Rosicky
    Eboue,Chamakh,Arshavin.

  42. Aziz, KL-Malaysia says:

    Agree with London, Eboue to wear them down on the right. Verminator and Koscielny to start as CB’s, Song in front of backline.
    Wish AW would gicve Gibbs a try as left midfielder, he can defend yet his runs can tear them apart. Arshavin needs a break anyway to start refocussing on his game rather than his webiste.

  43. London says:

    Hi Aziz

    I like the Gibbs midfield idea.

  44. dandan says:

    Don’t get me going Rasp our propensity to obey the rules, is the chink in the armour that makes us vulnerable to every charlatan in town. Just note the abuse of the human rights act wherever you look and you will get the picture.

  45. 26may1989 says:

    Did anyone understand from yesterday’s press conference what Wenger’s position is re signing a GK? He seemed to say that he doesn’t rule out making a signing but he also seemed to say he was done for this transfer window. It was confused by a heavy overlap in discussions of what signings we will and won’t make and how the transfer system ought to operate.

    Personally, having watched the BBC online coverage, I was left mystified.

  46. dandan says:

    He was playing politician 26may answering a question,without answering it. My belief is that we get the Aussie if Fulham can find a replacement, if not we will still get a keeper from somewhere though Schwarzer is definitely Favourite

  47. 26may1989 says:

    Gracias for that dandan – it’s those people who don’t say what they mean, not like straight talking, honest lawyers….

    We’ll see what happens between now and Tues eve. Personally, I’m not feeling optimistic we’ll make the signing.

  48. dandan says:

    I understand totally 26may, please don’t take offence if I count my fingers next time we shake hands.

  49. London says:

    26

    The most important thing I read into it was that he did not want to upset who ever is playing in goal this Saturday. An admission of being in negotiations for another goalkeeper would have done just that. That said, he cleverly left the door open, which I read as a message to Schwartzer that we still want you. My guess is that he is still on his way subject to Fulham finding the right replacement.

  50. dandan says:

    London look forward to sitting watching the TV at five to six on Tuesday waiting for an announcement we have signed him, whilst this site crashes under the weight of the hordes crying, I knew it I bloody Knew, he ain’t signed a keeper.

  51. 26may1989 says:

    If I could put a smiley face in now dandan, I would!

  52. Aziz, KL-Malaysia says:

    @ London: With AW and the GK stories you are spot on. The more some “experts” ponder and blog whom we sign the further we are off anyway. His (confidence implying yet cautious leaving all open) responses read clear between the lines that we will make a signing and I won’t be suprised if 95% is concluded. AW knows we ain’t go far in EPL and CL with Aluminium, we need steel there.
    @ 26: Mystified by AW or the BBC ? (if BBC I’m not surprised anyway – LOL)

  53. Red Arse says:

    26May,

    To do a smiley, just type : – ) , but join them up, like so :-)

    If you put your cursor over a smiley face you will see the typing strokes needed to get different types.
    ;) :-) :-( :oops: etc

    I’ll do one for Dandan for you, as I liked his comment too. :-)

  54. dandan says:

    What makes you think City would let Given come here, money certainly wont do it, what else would. Sorry but I think Willow is dreaming

  55. London says:

    TLM

    Wages, wages, wages. 80k a week at city or 40k a week at Arsenal…….

  56. Irishgunner says:

    Morning all,

    Just on the clubs not blacklisted in the EPL, I thought only Birmingham had no debts in the EPL?

  57. dandan says:

    Just got up Irish? its afternoon over here :-)

  58. dandan says:

    He he done it, thanks London :-)

  59. 26may1989 says:

    A few observations re the CL group fixtures:

    The away game in Donetsk shouldn’t be too cold, apparently temperatures around there are around 5 degrees C. And our game after that isn’t too bad, home to Newcastle on the Sunday.

    But the away game to Partizan Belgrade falls before the Chelsea away game, and the Chavs will be playing at home in the CL that week, so might be in marginally better shape.

    For those who haven’t noticed, the Spurs home game in November has been brought forward by 24 hours.

  60. Irishgunner says:

    Dandan – I’m up a good two hours ha ha didn’t notice it had gone past 12 ;)

  61. Frothing Inarticulate Loon says:

    Fantastic post Red Arse.

    Yeah I’m a Loon, but my opinion is still valid, and that really is a great post !!

  62. Aziz, KL-Malaysia says:

    Sounds good:
    “As a result of us having been drawn to play away to Braga in the UEFA Champions League on the evening of Tuesday 23 November, our home Premier League game against Spurs, originally dated for Sunday 21 November at 1.30pm, has been brought forward and will now be played as under:

    Arsenal v Sp**s
    Saturday 20th November 2010
    Kick off 12.45pm
    At Emirates Stadium

    The match remains live on Sky Sports”
    (Official on Arsenal.com)

  63. Red Arse says:

    You calling me London then Dandan? :-)

  64. Red Arse says:

    A pleasure Frothing. You lighten up my lunch time! ;)

  65. dandan says:

    sorry Red arse it seems I am, its that loon I Just dread him comimg, puts me of my stroke :-)

  66. Red Arse says:

    Irish,

    All companies/businesses need debtors and creditors to run successfully, provided they are within acceptable critical ratios.

    I’m sure I saw a leprauchette last night, but as it was a bit murky I could not be sure.

    Anyway, she was wearing an orange skirt, hands firmly by her side and jigging around while singing dee diddly diddly dee dee ….

    How about that? ;)

  67. Red Arse says:

    Dandan,

    I forgot to include the other smileys.
    :D and :P can be v.fetching! ;)

  68. Red Arse says:

    Don’t listen to Dandan, Frothing, you’ve not said anything artinculate for ages! :-)

  69. Irishgunner says:

    If she was wearing orange she wasn’t Irish ;)

  70. Aziz, KL-Malaysia says:

    The most succesful business is debtors paying without having any creditors :-)
    Some football clubs though were trying to do it the other way round :D

  71. Red Arse says:

    Quite right about certain footie clubs, Aziz! :-)

    Although without creditors, your company is not getting the benefit of “free” money from your suppliers for 30 days, or 60 days or whatever. :-)

  72. Red Arse says:

    Irish,

    If I see her tonight, I’ll ask her to give back the diddly, diddly dee’s, if that’s the case. ;)

  73. Irishgunner says:

    :lol: Do that Red Arse

    I’m sure you’ll look forward to getting the diddly, diddly dee’s off of her ;)

  74. Red Arse says:

    Irish,

    ;)

    I’m on my best behaviour! :-)

  75. Irishgunner says:

    I believe you Red Arse *cough* *cough* really I do :P

  76. Aziz, KL-Malaysia says:

    Red Arse, well you’re right with having creditors giving terms improving your cashflow is a good thing. I’m was just wondering what happens if some filthyrich “creditors” to the known ‘football’ clubs writing their debtors finacial obligations simply off ?
    The clubs will then have a nice and clean B/S for FIFA – right ?
    It’ called then “strategic business decision”, passes any auditors, and FIFA can do nuts about it.

  77. Aziz, KL-Malaysia says:

    We even can get more creative here. What if the club receives “donations” to balance the books ?
    Has FIFA any legal means to something about this, considering that donations even stand on the income side ?
    Or some kind of “sponsor” will pay 50M for just having a name/brand/whatever on one of the many signboards ?
    Here we go, there are hundreds of ways to flout the rules.
    Laws are like rubber, and FIFA rules are …. errmm … you know …

  78. 26may1989 says:

    In all this discussion about the detail of how the regulations from UEFA (not FIFA) would operate, it’s worth bearing in mind that UEFA has been working with the specialist football finance unit at Deloitte (big four accountancy firm). I’m not saying that guarantees the system will operate perfectly, far from it, but it does mean a significant degree of financial and accounting expertise has been brought to bear on these issues, and many of the more complicated aspects of this complicated issue (including evasive ruses) will have been anticipated and considered.

  79. Aziz, KL-Malaysia says:

    I’d really hope so …

  80. Red Arse says:

    26May,

    I suspect the UEFA authorities will respond to cicumstances, and no club will want to be publicy shamed by being “outed” for manipulating the rules.

    Once the UEFA regs have been bedded in, I think the EU might enshrine them into Statute Law if there are persistent breaches which could be seen as tantamount to fraudulent activities.

    What? No smileys 26? :-)

  81. charybdis1966 says:

    Hi all, looking into the likely weather conditions for our away leg at Shag-a-Donkey, in the first week of November, for the southern Crimea(where Donetsk is)the average min temp is 7 degrees and max is 17 so we shouldn’t be frozen out in the way we have been at the Moscow clubs.
    The mileage could be a problem, but they’re not exactly going to be flying cattle class are they?
    I hope we don’t use this travel excuse if we have a poor show after – it’s about time our players grew a pair and showed a bit of spirit.

  82. 26may1989 says:

    :-) :-) :-) :-) :-) :-) :-) :-) :-) :-) :-)

    ;)
    :oops:

  83. Red Arse says:

    26,

    Show off! :D

  84. Red Arse says:

    Hi CharyB,

    With you on that. :-)

    The weather there sounds like it will be better than here for the time of year!

  85. charybdis1966 says:

    Yeah RedA – I remember that time we played against Dynamo Moscow, I think it was, when as the temperatures dropped in the second half we imploded and lost 3-1 or something. BBrrr.

  86. rockylives says:

    History shows that whatever rules and regulations are brought in, powerful ruling elites are expert at maintaining their position of power. If ManUre, Chavski, Barceloser and Real Maureenio want to get round the rules they will, and no-one at UEFA will stop them because they are among the most valuable brands in world football and bring in the most money to the governing body.
    And the thing about the UEFAs, FIFAs and Olympic Committees of this world is that they are stuffed full of the ‘great and the good’ (aka the ‘fat and the greedy’) who love their first class travel perks, five-star hotel suites, three-star Michelin dinners etc, all of which doesn’t come cheap.
    The only way you overthrow a power elite is with revolution… hmmmm.

  87. rockylives says:

    By the way – thanks RedArse for an excellent explanation of the rules.
    Of course many of us are cynical about the likelihood of them having any substantial impact, but it’s still good to know what they’re meant to do.

  88. 26may1989 says:

    I agree with a lot of that rocky, but the fact remains, the new rules were brought in despite the inherent corruptness of these institutions. We’ll see how effectively they are enforced but at least Platini succeeded in getting it this far.

  89. London says:

    Hahahahahah……Shag-a-donkey………top drawer Chary.

  90. rockylives says:

    I hear you 26May, but on paper the constitution of the Soviet Union was a model of democracy. One of the ways ruling elites maintain their status is by having an administrative arm which makes rules and regulations which, on the face of it, seem rational, fair and reasonable, but which are studiously ignored by the elite themselves.

  91. charybdis1966 says:

    It conjures up images of the opening scenes of the Borat film to me, London.

  92. rockylives says:

    One of the terms for it is “managerial dictatorship” which, in some ways, is more pernicious than a good old-fashioned political dictatorship because it doesn’t rely on one clear figurehead so it’s harder to pin down who’s to blame.

    And Shag-a-Donkey is very funny.

  93. Irishgunner says:

    :lol: Chary

    This is my sister, she is 4th best prostitute in all of Kazakhstan…

  94. charybdis1966 says:

    That’s the one Maire ! :)

    You’ze like ?

  95. Irishgunner says:

    I LIIIKE YOU….

    Now must go and marry Pa-mel-a

  96. curious says:

    So what is to stop the owners of Chelsea / City etc from “buying” 200,000 replica shirts or something and therefore it not being a gift, it becomes revenue from commercial income. If they have hundreds of millions to throw away as clearly they do, surely they could bend the rules by doing something like that?

  97. Rasp – great graphic with the defenders down the side ;)

  98. Frothing Inarticulate Loon says:

    Great read Red !!

    I concur with most on here, that whilst the scheme is open to abuse, its better than nothing. Credit to Platini for that.

  99. charybdis1966 says:

    Talking of the side bar, should we not remove Nacer Barazite from the “Out on loan” section?
    He played in the 5-0 trouncing of the Bolton Reserves this week.

  100. Irishgunner says:

    Barazite was on trial with Rangers wasn’t it? Mustn’t have worked out … stating the obvious.

  101. rockylives says:

    @curious – read the posts above – many people make similar points.

    @ Frothing (or Big FIL, as I like to think of you): Platini’s reforms are nothing more than a Potemkin Village (http://en.wikipedia.org/wiki/Potemkin_village): an appealing facade to hide the reality of where power in football really lies.

  102. Rasp says:

    I don’t know what you’re talking about chary? ;)

  103. rockylives says:

    Aha – excellent sleight of hand Rasp!

  104. charybdis1966 says:

    Arghh – you cheeky bugger Raspers !

  105. rockylives says:

    If Frothing keeps being so articulate, should we start calling him “Big FIL Scholarly”?

  106. Red Arse says:

    I can’t help grinning while reading the comments from you lot, then I think, I haven’t a clue what they are on about.

    Still, Irish has promised me fun with Diddly, Diddly, dee tonight with a Leprauchette. No, don’t ask. :-)

  107. Irishgunner says:

    Red Arse – I had written a comment and had to delete it, you are warping my fragile, innocent, little mind ;)

  108. Fatgingergooner says:

    Has anyone seen the club photos of Squillaci that are doing the rounds!? F**k me, a necklace made from peoples ears ( ala Dolphin Lundgren in Universal Soldier ) wouldn’t look out of place round this guys neckline!!!!!!
    He’s got a face that only his mother and Martin Keown could love, but I bet he loves a good scrap!

    Has anyone else been pleased with the fact that we have signed 3 players all over or around 6ft?

    We used to get absolutely bummed in the press for our siscipline

  109. Red Arse says:

    Good though Irish isn’t it? ;)

  110. Red Arse says:

    FGG,

    I heard that he was so ugly as a kid, his dad carried around the photo that came with the wallet! :-)

  111. Fatgingergooner says:

    …..for our discipline, which I think has something to do with the fact that we have the 7 dwarfs on the pitch for most games, but It’s great that we have now added some steel to the side.

    We should no longer be worried about playing the likes of Stoke and Blackburn away with the likes of Koscielny, Vermaelen, Squillaci, Song, Diaby, Van Persie and Chamakh in the squad.

    Bring it on Sam you fat prick!!!!!!!!!!

  112. charybdis1966 says:

    FGG- we need some ugly nutters in our team for the likes of Stoke and tomorrows cloggers. I’m hoping he’ll be the mental hard man we’ve needed since monkey mans(Keown) retirement.

  113. Red Arse says:

    I did volunteer CharyB, but they said I had to be able to play football as well! :-)

  114. Irishgunner says:

    I hope he’s a complete nutter…

    As often he has played for France or Sevilla I can’t remember him at all…can’t remember how he plays etc… whether he’s good at headers, good passer…

  115. Fatgingergooner says:

    Lol Red Arse.

    I’ve heard on the grapevine that he’s actually one of the X Men and goes by the codename
    “uglyc***”!!!!!

    Apparently, if a centre forward looks into his eyes then they turn to stone!!!!!!

  116. Red Arse says:

    FGG,
    :-) :-)

  117. Red Arse says:

    Well, I am off guys, before I undo all my hard work at trying to be good! :-)

    Enjoyed today again. :-)

  118. Irishgunner says:

    Laters Red Arse…

    Anyone watching the money making super cuppy thing tonight between Inter and Madrid??

  119. Big FIL Scholarly says:

    Thats not the worst idea in the world Rocky…

    I’ll have a think about it and get back to you

  120. kelsey says:

    Joke of the Month.

    “The season is going to be very long and very difficult for myself. I’m a footballer and have to keep going and not give up. I need to keep fighting for myself and enjoying my football.

    “If you’re in a team and you’re not playing, and there is a team that comes in for me, then I will definitely be on my way out because I’m a footballer and I love playing.

    “So if I don’t have a chance to play here there will be a lot of chance to play somewhere else. If they [Manchester City] force you out then you always have to follow your destiny.”

    Would Arsenal fans have him back at the Emirates?

    hahahahaha :)

  121. rockylives says:

    :-)

  122. kelsey says:

    As we appear to be in a jovial mood Squillaci looks like he is related to The Munsters.

  123. Big FIL Scholarly says:

    Even I wouldn’t have him back and I’m a Scholar in Looniness !!!

    Nite all !!

  124. Rasp says:

    I’m surprised AdeBarnDoor hasn’t been linked with totnum yet – they’re seeking a new striker and he’s about as congenial a character as Bentley and Gallas (although I have respect for Gallas)

  125. rockylives says:

    I’d hate him to go to Totnum because you just know he’d score against us and the double whammy of it being HIM and THEM would be unbearable.

  126. Rasp says:

    I agree rocky. Ade professes to ‘just want to play football’ but someone’s gonna have to match his wages because I’m sure he won’t take a pay cut. I wonder how much totnum are paying Gallas – he’s not there for the love and if he underperforms he can expect some abuse.

  127. rockylives says:

    All true Rasp. The Spuds fans will waste no opportunity to heap sh*t on Billy if he doesn’t do well.

  128. kelsey says:

    Tottenhams finances are the biggest mystery in english football.Joe lewis, the chairman of Enic appears to have undisclosed billions, yet when you look at their accounts they down trade the value dramatically of their stock i.e. their players so one never gets a true account of their worth.

  129. rockylives says:

    Hi Kelsey – I’m glad you picked up on this point (which someone made earlier on). Joe Lewis is incredibly wealthy but I thought his fortune had taken quite a hammering over the last couple of years.
    Either way, how do they manage to ‘balance the books’ while spending a minimum of £30m every single year?

  130. 26may1989 says:

    Rasp, the twitcher claimed he offered Gallas LESS per year for a one-year contract than Gallas had been offered by Arsenal for a new two-year contract. Bit weird, but then Gallas is just that.

    Lovely to see Jose Antonio Reyes score for the victorious Athletico against Inter tonight, and then see him subbed for Fran Merida.

  131. [...] UEFA’s New Financial Rules Will Benefit Arsenal Written by Red Arse O.K., with the transfer window coming to a close very soon, it might be worth having a look, [...] [...]

  132. rockylives says:

    Has anyone seen these quotes from the purple-faced Gorbalian:
    “I don’t know why Arsene Wenger said that,” said Ferguson.

    “When you are asked your opinion about someone with the ability and performance level of Paul Scholes I don’t see why you should say that.

    “It is very easy to look at the dark side of any player. I could say it about one of the Arsenal players in particular and everybody knows that but there is no need.”

    I don’t care about his opinion, but I’m intrigued to kow which Arse player he’s referring to. My guess would be Cesc, or maybe Eboue…

  133. kelsey says:

    Morning all,

    I can now confirm that having spoken to sources within the club(Fulham) that Schwarzer will be joining us before the dealine expires.

    You heard it here last ;)

  134. dandan says:

    Morning all, no Rocky it is RVP he has a real nasty streak from his street football days

    Morning Kelsey good to see you smiling

  135. Morning all

    I concur with dandan, I think is RvP too ……

    Well done agent kelsey, I do feel sorry for Almunia now though, he had an extra year to show that he wasn’t good enough :(

  136. kelsey says:

    I thought he was talking about Walcott (RL that is) ;)

    I stand by my team selection of yesterday, same as last week but Kos back in for Wilshere ,Cesc and RVP on the bench,and RVP may not even play.

  137. Rasp says:

    New Post ……

  138. Budget Hotel KL…

    [...]UEFA’s New Financial Rules Will Benefit Arsenal – written by Red Arse « Arsenal Arsenal[...]…

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