How will the Financial Fair Play rules affect Arsenal and others ………

As all football fans(except those of a pale blue Mancunian inclination) have looked in incredulity at the sustained, profligate transfer policy of the Abu Dhabi Royal families current toy(namely Manchester City) more and more of us are speculating on the impact, if any, of UEFA’s Financial Fair Play(FFP) rules on the modus operandi of Manchester City.

Since the takeover by the current owner, Sheikh Mansour Bin Zayed al Nahyan to give him his full name, in August of 2008, the (Middle) Eastlands outfit have spent in excess of £450million, and that is with this current transfer window still open and petrodollars at the ready.

Clearly all these transfers will come with an attached wages commitment and while players have left the general trend is for higher and higher wages to be offered to players coming in at higher and higher transfer fees.

This is the first of three seasons in which FFP will be used by UEFA’s finance team to evaluate the financial performance of all European clubs wishing to take part in UEFA competitions with permitted deficits being £37million in years 2011-12 & 2012-13, and allowable deficits being £22 million and £11million in the next two years and a break even requirement in the following year.

The losses are only allowed if those deficits are funded by an injection of equity from the club’s owners, a share issue for example, like the Arsenal fanshare scheme that started last year.

“But what defines these losses?” you ask, if you’ve not all switched off at the merest hint of accountant speak.

A good question as UEFA do not merely intend to look at audited accounts, but at a statement of relevant income and relevant expenditure, using figures extracted from the financial statement by the clubs management.

Already there is a grey area as the definitions of “relevant income” and “relevant expenditure” are not exhaustive and therefore open to a degree of interpretation.

To further lessen the worry for any clubs worried by the potential impact of falling foul of the FFP regulations merely showing a trend of falling losses will be sufficient to avoid penalty especially if the losses can be attributed to contracts signed before June 2010, for example the huge contracts used to lure Carlos Alberto Tévez across Manchester and everyone’s favourite Togolese striker.

A major sticking point for relevant income is that of “related parties” and their influence on market value, perfectly exemplified by the naming rights “purchased” by Etihad Airways for the council property the trillionaires of the Middle East play their football in.

Currently UEFA have promised to gather some fair value benchmarks for naming/sponsorship deals but straight away this looks hard to define – how much more is the brand of Manchester City worth than old Bacon faces club for example, or Liverpool or even us ?

If the deal had been undertaken by unrelated parties then alarm bells wouldn’t have rung but as both Etihad and Manchester City are owned by the Abu Dhabi royalty then we cannot be expected to beleive that market value had been used in the deal.

Being the economist that our manager is, and the penchant for our hacks to ask him as many off pitch football questions as possible in order to ridicule his answers later, his response to the deal was:

“It raises a real question about the credibility of FFP. The difficulty and credibility of FFP is at stake. If it has to have a chance, sponsorship has to be at the market price.”

The club with the most cache in terms of world wide appeal is a club which neighbours Tarragona in north eastern Spain (OK, I’ll say their name Barcelona), and they recently concluded a sponsorship deal for 5 years worth £125million, yet Manchester City, a team with a fraction of Barca’s fan base and heritage of success on the pitch, “negotiated” a £400million deal over 10 years?

The feeling is in financial circles that UEFA won’t be able to, or have the inclination to, enforce any punishment of transgressors of FFP till around 2018 and while clubs can be banned from UEFA competitions that is very likely to be a last resort.

So where does that leave our beloved Arsenal, a club taking the implementation of FFP very seriously?

In the opinion of this humble blogger we are perhaps a tad too mindful of FFP as we seem to be handicapping our development in anticipation of FFP being implemented both rigorously and on schedule.

To not use the leeway of permissible losses in the next few years in our haste to be break even in advance of the date when it is required seems to be putting ourselves at an unfair advantage.

However I do concede anticipating just how strictly UEFA will enforce FFP will be a task that I’m glad is not mine to wrestle with.

Written by charybdis1966

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120 Responses to How will the Financial Fair Play rules affect Arsenal and others ………

  1. Gosportgooner says:

    Your next blog should be a list of which clubs would be able to compete in UEFA competitions under current financial conditions and the projected clubs by 2018

  2. Bigarse says:

    There is a simple way around this. The amount you can spent/lose must be linked to the amount you WIN, not receive in revenue. Obviously this wouldnt be limited to the actually amount you win, but would be a multiple of that amount. This prevents clubs with sugar daddy owners by passing the rules because the numbers used as the base for the calculations will not be able to be ‘doped’.

  3. oz gunner says:

    @ Chary

    well written and cheers for the insight on the issue.

    It just seems like a joke at the moment because mancity will get away with it by bringing in bogus income generated from other means. Unless Uefa monitor it and act on it there will be an even bigger gap between those who adhere to the rules vs those like man city who get away with it.

    The naming rights are ridiculous and how can a well run team like arsenal compete when they offer double/triple the wages?!

    Yes there are those players who hate sitting on the bench and look to play for others, however with the wages they are throwing around you have players like SWP and santa cruz who are happy to sit and watch the money roll in while they collect splinters. So the arguement of stars players not liking the bench doesn’t apply also

  4. Milkman says:

    If there is any wrestling we have Wenger who can confront them a come in their faces.

  5. Great blog! This issue is not widely discussed and scrutinized, I assume one reason being the difficulty to understand how to interpret these “rules”. My feeling is that the rules are to be modified as per practical results will guide the process during the years making the whole system more or less null and void. One should be fully free to do what ever one wants or then regulated by strict rules one can understand. I assume even the common corporate law may give problems to implement these “self” instated rules. My personal view is that sport is more interesting if the team is not solely based on wealth and certainly not on non existing wealth as it looks to be in Spain. Just wondering what is the effect for the clubs there when Spanish economy and banking is going to be more tight as well as the sponsorship deals.

  6. Hi guys, just a quick comment before I return in the evening.

    This was just an over view on FFP as you can imagine it’s a large piece of regulation and horrendously complex.

    I’m guessing Man City go for the type of player who is happy to be benched as long as their huge salary gets paid, like oz pointed out the likes of Santa Cruz(who i believe is on the way out of City), SWP and also Shay Given and various others.

    Additionally I’m a bit perplexed at how City are circumventing the homegrown rules on Premier League squads too.

    Oh well, catch you all later.

  7. Ash says:

    In all fairness Arsenal also sold the naming rights of our stadium, it’s just that man city got more money and it was negotiated in a highly dubious way. My inclination is that FFP won’t have much bearing for at least 5 years and by that time man city will be hoping that they will be a major European club by then. This will then allow them to attract players without having to pay such exorbitant fees and wages. Another few shady deals, such as sponsorship deals for training kit!, will also allow them to increase revenue and compensate for any previous losses and current expenditure. I think if us gooners are hoping FFP will level the playing field then we are in for a shock as by the time it takes effect our rivals will be do far ahead of us it won’t really make a difference. Can you really see Uefa wanting a champions league without Barcelona, Madrid, manure and chelski?!

  8. Thanks Karl and good one Milkman, Wenger seems to have developed a liking for a scrap lately, LOL.

    Gosport – that’s an idea worth looking at, we’ll see who takes up that challenge.

    Agreed Ash, initially I thought FFP would making buying trophies less straight forward but not anymore.I’d like to be proved wrong though.
    The trouble is that taking the competition out of the game, so it merely becomes a battle of the bank balances, will switch a lot of fans off the game in the long term.
    However as we live in a short term obsessed world it won’t matter to the games administrators as long as the money keeps rolling in while they are in charge.

    Really off now. :)

  9. dave says:

    This means it is open for corruption and it will be ok for certain clubs (not arsenal) for financial unfair play

  10. Red Arse says:

    Well done CharyB, :-)

    A very interesting look at the basic FFP issues.

    We have touched on this subject on AA before and the resultant comments seemed to be categorised into;

    a) Those living in hope the rules will do what they were designed to do.
    b) Those who will never understand the rules and will suggest ‘alternative’ impractical rules.
    c) And finally, those who, like me, are very cynical about the desire or ability of UEFA to confront any of the usual suspect ‘offending’ clubs.

    At the moment, there are heavy rumours that the ‘big’ clubs are considering a break away from UEFA and FIFA, perhaps becuase they want more of the commercial and TV money those two bodies (Blatter?) are creaming off.

    If UEFA get too autocratic imposing the FFP rules, that will only speed up this break away movement, because the biggest offenders are likely to be the richest clubs, and to be candid, they are the ones with the biggest stars ,who millions throughout the world want to watch, and in turn from the viewpoint of the TV companies are commercially going to be the biggest draw.

    Cynical? Moi? Yep!!

  11. Mike says:

    I like your idea Bigarse. It’s all too easy to manipulate rules when you can afford the worlds best lawyers and accountants.

  12. TotalArsenal says:

    RA, I didn’t think the Canadians were such pessimists?!

  13. The FFP rules are worthless not least, because most of these high
    value owners are operating offshore and therefore their financial arrangements both in transfer market and wages are not clearly visible.

    More importantly clubs owned by Arab royal families can manipulate sponsorship deals. They own or invest in a large number of businesses worldwide.

    The only way that football can be operated on a level playing field
    will be if clubs are owned by their membership [supporters] and there is a salary cap on what clubs can spend.

    Another concern for me highlighted by sale of both Fabregas and Nasri is that clubs are able to tap up players and then force through
    transfers without any penalty being imposed.

    Both Barcelona and Manchester City were very open in their agenda and absolutely nothing has been done about it by the authorities.

  14. Big Raddy says:

    Super posr Chary. I have a clearer understanding of the FFP and it’s difficulties

    Mike. Something has to be done . What would you suggest?

  15. TotalArsenal says:

    CharyB, great to have you back and thank you for an intelligent and well written blog.

    Frimmpong said it recently in a ‘Tweet': money is the cause of all evil – and in all his youthful innocence he touched on the real problem in football. UEFA love power and money, so why would they insist on changes that would undermine their very raison d’etre? Very depressing but true.

    Wengerball (including its principle of financial sustainability) is the only real answer to all of this, and as I and others have said many times, it is the only hope we have to see football return to some normality and fairness. It is the antidote against the raw financial doping of clubs by those who treat football clubs like ego-toys, with no regards to the collateral damage they are causing.

  16. Jack says:

    Benik Afobe isnt on loan is he?

  17. WiganGooner says:

    Great article Chary,

    I’m no bean-counter or brainiac, but I really understood what you were saying about FFP and it certainly concerns me as I had hoped FFP might bring the likes of CIteh in line..

    WG

  18. barumgooner says:

    Thanks Chary I think i understand the subject a bit better now. I agree that it looks very hard to police and am sure that the governing bodies will use it sparingly and dare I say to their own gain, basically as and when Mancity become a major player in european competition and they feel they need to allow a bit more of an advantage to their favoured mainland european teams.

  19. barumgooner says:

    I was thinking the other day following $ami$ departure that a maximum wage plus pay as u play scheme would be a great way to control the Mancitie$ of football. If say every pro could earn a maximum of 60k a wk basic with add-ons of an agreed amount per game played per individual it would perhaps make players think twice about being a highly paid squad player as opposed to a regular first-teamer, also safeguarding clubs who agree a contract with a player guaranteeing a massive wage even if injured.

  20. pat says:

    good blog and discussion – am in agreement that the rules will have little effect on the big clubs. Lose rules that will be exploited (bogus sponsor deals etc) openly and UEFA unlikely to risk offending the big teams.

    Salary cap on player wages would appear the only workable answer I could come up with- Aussie Rugby League has it in the NRL competition which appears to be pretty good (I’m not good on detail) but the body running the game is much more aggressive in enforcing its rules – Melbourne Storm was a team that got stripped of titles by breaking the salary cap (it did it big time).

  21. pat says:

    Sorry meant to mean I am not good on the details of the cap system, just that I know they have one!

  22. gnarleygeorge9 says:

    pat

    they must have put a cap on IQ’s for rugby league players as well, coz they all seem to have IQ’s of under 30 :lol:

  23. goonermichael says:

    Salary caps work in america and aussie rules as they are not international games (baseball etc. For a salary cap to work it would have to be worldwide and then leagues like the SFA ( I know, I don’t care either :) ) wouldn’t be able to complete unless they were set at the level of the poorest leagues.

  24. Big Raddy says:

    Good point GM. I blame George Eastham.

  25. goonermichael says:

    Ia there any news on Campbell’s Visa?

  26. evonne says:

    TA – miooooowwwww, is this your revenge on RA for calling you an imposter?

  27. evonne says:

    Chary – that`s bloody complicated stuff, thanks for clarifying it a bit! I will probably read it again :) Good to have you back

  28. evonne says:

    How do we feel about our new striker – Korean captain playing for Monacco. Cannot ask for more than that, can we?

  29. barumgooner says:

    Am I the only one with this horrible sinking feeling that we will get to deadline day and still be hoping, only for us to sign another second rate nobody because we have refused to pay good money for quality ?

  30. gunnern5 says:

    petrobucks = oilybucks, with a replaceable letter B.

  31. barumgooner says:

    only to be fed lots of stories of players we “tried” to sign…..aaaarrrrggghhhhh just pay the money and sign some players.

    sorry this tw is making me madder than usual.

  32. oz gunner says:

    barumgooner. I too have this worry. Yes it is clever to offer bolton 6 million plus add ons for cahill, and then work from there. However do we have the time for this? Simply put no we don’t. I am worried that we will hear the usual ‘tried but prices were to high ect.’ Arsene seems to be stubborn and wait so that he can go on a free (e,g chamma) but unless a player has his heart set on arsenal than this sort of plan won’t work as higher wages will be offered by others.

    Teams know we have the money so penny pinching with a few days to go won’t work. If the rumours surrounding traore and QPR are true than surely that means the need for a CB,LB,AM, and striker (depending on bendtners position, still a replacement is needed because we shouldn’t keep someone who wants out. We’ve suffered from that enough). I just hope arsene doesn’t plan on sleeping over the next few days because if he doesn’t sign the fans will bring apocolypse down on him!

  33. kelsey says:

    Hello so we nicked Park half way through his medical at lille and will complete his medical in London tomorrow.

    Pity a day earlier we could have had Park versus Park ;)

  34. gunnern5 says:

    Third Round of The Carling Cup
    – to be played week of September 19

    Cardiff City

    v

    Leicester City

    Nottingham Forest

    v

    Newcastle United

    Wolverhampton Wanderers

    v

    Millwall

    Manchester City

    v

    Birmingham City

    Chelsea

    v

    Fulham

    Blackburn Rovers

    v

    Leyton Orient/Bristol Rovers

    Aldershot/Carlisle United

    v

    Rochdale

    Swindon Town/Southampton

    v

    Charlton Athletic/Preston North End

    Arsenal

    v

    Shrewsbury Town

    Everton

    v

    West Bromwich Albion

    Burnley

    v

    MK Dons

    Crystal Palace/Wigan Athletic

    v

    Middlesbrough

    Leeds United

    v

    Manchester United

    Aston Villa

    v

    Bolton Wanderers

    Brighton & Hove Albion

    v

    Liverpool

  35. gunnern5 says:

    Third Round of the Carling Cup –
    to be played week of September 19

    Cardiff City

    v

    Leicester City

    Nottingham Forest

    v

    Newcastle United

    Wolverhampton Wanderers

    v

    Millwall

    Manchester City

    v

    Birmingham City

    Chelsea

    v

    Fulham

    Blackburn Rovers

    v

    Leyton Orient/Bristol Rovers

    Aldershot/Carlisle United

    v

    Rochdale

    Swindon Town/Southampton

    v

    Charlton Athletic/Preston North End

    Arsenal

    v

    Shrewsbury Town

    Everton

    v

    West Bromwich Albion

    Burnley

    v

    MK Dons

    Crystal Palace/Wigan Athletic

    v

    Middlesbrough

    Leeds United

    v

    Manchester United

    Aston Villa

    v

    Bolton Wanderers

    Brighton & Hove Albion

    v

    Liverpool

  36. oz gunner says:

    Haha pulled the robbery. Kelsey haven’t seen much of him, any good?

  37. barumgooner says:

    True oz i agree. lb (baines) cb (cahill) and Sneider would be nice ( i know im dreaming !).
    kelsey. Who is this park, any good or just a marketing tool ?

  38. oz gunner says:

    @ Barum

    i’d grab baines, verto, sneider, and podolski. That’d sit quite well with me actually.

  39. Red Arse says:

    Park Chu Young

    He is the 26 year old captain of South Korea. He is a striker and is 6′ tall.

    If he is being bought for a reported Euro 3m, that sounds a bit like a commercial decision, but he may also be a good player (?).

    I know he was being hoiked around to a number of Premier League teams, including Newcastle, Liverpool, Wigan etc and Stuttgart in Germany, all of whom said ‘no thanks’.

    I have never seen him play.

  40. oz gunner says:

    God if toon and wigan say no than we’ve got problems, heres praying for a full season out of RVP, but then again who knows this might be another wegner gem. He already seems to have done it with jenkinson

  41. Big Raddy says:

    RA. I agree, it looks like a commercial decision and a way to sell a lot of shirts. Could be a decent player though and he will be a backup rather than first team.

  42. barumgooner says:

    Well going on that lets hope he’s not one of our “three” that we need to sign but an additional extra.

  43. Ramgun says:

    Wenger is perfectly aware that FFP will be a sham. The idea that Uefa would take on Chelsea, Man City, Barcelona, AC Milan, clubs from Russia and plenty of others is naive in the extreme. Wenger’s policy’s are what he wants to do and nothing whatever to do with pie-in-the-sky UEFA initiatives.

  44. evonne says:

    barum – I am counting hours and my hands are begining to shake uncontrolably

    Mancunian Park is an excellent player, a workaholic, but with our luck we’ll end up with a lazy so and so

    Where is Chas to produce some evidence of our Park?

  45. evonne says:

    this one has better music

    I recon the agents compile those clips when looking for a new club

  46. evonne says:

    it’s me again :) I know the Young family well, wonderful people and some of them are true Gunners (there are a couple of Chavs amongst them, but who cares)

  47. evonne says:

    looks good! Fast, can do volleys, tight corners, headers, free kicks and amazing assists. I think I am going to love him

  48. RockyLives says:

    Excellent read Chary.
    I fall into the cynical camp over all this. In general, power always wins the day and, in football, power equates with wealth.
    The powerful clubs in European football these days are Real Madrid, Barca, Man U, Chelsea and Man City, possibly with Bayern in the mix.
    If they can’t find a way to bend the rules, they’ll just threaten to break away and then the rules will magically bend to accommodate them.

  49. RockyLives says:

    Evonne
    Admittedly it’s hard to tell from a Youtube reel, but he looks decent. Very right footed (but then Robin is predominantly left footed and that’s OK).

    I like Koreans – they’re tough and resilient (like the Poles :) )

    During the LA riots the only areas that didn’t get torched and looted were the Korean ones, because they stood outside their shops (and on top of the with guns) and dared the looters to try… they didn’t.

  50. kelsey says:

    Park Chu Young, 26yrs old, 1.82m
    Plays centre forward (either main or withdrawn) and right wing.
    South Korean international and captain (53caps, 17goals)

    Sorry had to have a swim its soooooooooooo hot here.

    He is a swap for bentdner at a third of Bendtner’s value, typical Arsenal purchase. About 6 foot tall may well feature earlier than you think.

  51. kelsey says:

    We should wait until the window closes but I am concerned more about the way we play tomorrow and what Wengers says than the result.

    if we were to win, Wenger will say he doesn’t really need to strengthen the team
    If we lose narrowly, he will say the same thing.
    if we draw, he will say the same thing
    If we get thumped, he will say that we had key players missing and is still trying to strengthen the squad and it is still early in the season.

    At this moment of time we have lost Eboue,Clichy,Nasri,Fabregas and Wenger has said bendtner is leaving.Now whatever we individually think of each player they have all played in the CL let alone the PL

    The only first teamers we have brought in is Gervino and i find it inconceivable that we hadn’t had replacements for at least Nasr,Clichy and Fabregas lined up.
    Are we really going to buy a minimum of 3 players in 5 days.
    With Wilshere’s return not certain and with suspensions and other injuries we are seriosly delpeted to a paper thin squad

    Can’t comment on Park as yet.

  52. goonermichael says:

    I’ve been so busy today. Looks like we are buying a Korean striker. Any news on Campbell’s Visa?

  53. Red Arse says:

    I have just read an article re the new training shirt sponsors, in which it alludes to an Arsenal sponsor too.

    It said that O2 were seriously considering not renewing their sponsorship with us, because of the unsavoury nature of the public face of many footballers, (like Rooney, Giggs and Terry). And may concentrate on Rugby Union.

    So while Manure get a new £4m p.a. training shirt sponsor, we look about to lose a £3m p.a. deal because of shitty players who have nothing to do with us. Typical.

  54. evonne says:

    GM – watch the clip above, PC Young looks good

  55. Red Arse says:

    I have been watching the ‘Pool v Bolton game and frankly Cahill looks very ordinary.

    He has the most extraordinary running style. I am sure he has a tall man’s body stitched onto a little man’s legs. The result is his legs go at tremendous revs but he hardly moves.

    Take a look. Not sure I want him to play for us!! :-(

  56. TotalArsenal says:

    Thanks for the video Evonne :)

  57. evonne says:

    TA – pleasure x

    RA – yep, I am hardly impressed with the dude. Could it be that he is careful so he doesn’t get injured before coming to the Ems? Or, he might be doing a Na$ri and does no longer care for Bolton?

    Mata on the other hand scored a fantastic goal for the chavs on his debut :(

    Rocky – not me, not resiliant, wobbly jelly more like :) Did you have riots in Canada, when? I cannot remember seeing it on the news? I’d rather our PC Yound didn’t shoot at the opposition, wouldn’t go too well with the FA me thinks

  58. Red Arse says:

    Not sure about a Korean CF, they eat dogs — bit like TA really! :-)

  59. RockyLives says:

    evonne
    I was referring to the LA riots back in the early 90s. Seems like yesterday to me :)

  60. goonermichael says:

    Better to eat dogs than have them shitting everywhere. Now cats, that’s a different matter. What dear? Me dear? No dear.

  61. goonermichael says:

    Rocky
    Marc Bolan seem like yesterday to me.

  62. evonne says:

    GM!!!! My dogs do not shit everywhere, they have their favourite spots, one of them being the neighbours’ front garden.

    My cat though, beautiful Lilly La La does it just about anywhere, including flat roof of the neighbours new extension

    The neighbours and I are not on friendly terms :)

  63. evonne says:

    Rocky – you are a jet setter! Where else have you lived?

  64. TotalArsenal says:

    RA :P

    Eating dogs? Never, they eat their own poop ffs.

    Park Chu Young? You would expect a well behaved, disciplined footballer who dedicates himself to the team. Well you’re wrong. His name’s anagram is: A Grouchy Punk!

  65. evonne says:

    RA – stop!! I think Chinese are ‘worst’ for eating odd things. They say themselves that anything with 4 legs except furniture or with wings except airplanes is edible. My brother-in-law has lived in China for 8 years now and he told us some horrid stories – live baby rats are a delicacy…toilet…me…puke..laters…

  66. evonne says:

    RA – actually, that’s excellent!! Rooney loves dogs, has 4 me thinks (no, not bitches, but proper beasts with 4 legs and tails). Shrek would be shit scared of PC Young

  67. MickyDidIt89 says:

    Land Ahoy,
    Ooooerr it is hard to get too excited about this signing.
    Chary,
    I know you are out in the fresh air, but great read. I think I side with RA on this one. Heavily septic!
    Clearly all the European big guns can gather around, leak an independent super league story, and that would be the end of the matter. Money talks.
    Reminds ne of someone who I think said something like: “I have principals and if you don’t like them, I have others”.

  68. MickyDidIt89 says:

    Cripes,
    Whoever it was may have even referred to his principles. What would I know.

  69. kelsey says:

    Interesting signing as we have first refusal with lille on Hazard.

  70. MickyDidIt89 says:

    Kelsey,
    I thought Hazard did not want to leave Lille and also Lille wanted Young. Have we shot ourselves in the foot?

  71. MickyDidIt89 says:

    Maybe there’s a Clive Allen/Kenny Sansom deal in the air.

  72. Jamie says:

    Good article on FFP.

    On Park, he is a good player from what I have seen, which is a clutch of games the season before last and a Monaco game when I was on holiday last November.

    Like the other Koreans in the Premiership (Park and Lee) he has an incredible work rate and is very fit. This should help In the premiership. He is a strong lad and looked like he had a good touch and pace. Could play across the front lime I think.

    You don’t get to be captain if you are a poor player.

    I think he might be a sound singing to give more options and work rate up front in the games where that is needed.

    Should settle ok.

  73. MickyDidIt89 says:

    Jamie,
    I didn’t mean to be hard on the fella, just that I would be feeling a whole lot better had we signed him after the CB and AM that we desperately need.
    According to one account, Cahill was fairly poor today. Kinda like a man who has been tapped up.

  74. RockyLives says:

    GM :)

  75. Jamie says:

    Micky – what I posted wasn’t a dig at anyone else. Just a bit of an insight like Kelsey was doing earlier.

    I think we will sign M’vila from Rennes. Wenger let slip to a Guardian journo yesterday that he we confident of the signing. It was on the Guardians blog yesterday.

    I know what you mean about the whole “greater needs than a striker” debate, but Chamakh is playing poorly and Bendtners off so we need a fit enegetic cover for the glassman.

    I think those two deals will happen.

    Cahill is a top player but he is bound to have his mind elsewhere. The size of his season, house, wallet and euro chances all hang on the stubbornness of a fat northern chairman and AW. I think Paolo Maldini would have struggled to keep his head together with all that let alone Cahill. Fingers crossed on that one.

    I’m just as frustrated as you.

  76. MickyDidIt89 says:

    Jamie,
    Misunderstanding, as I wasn’t suggesting you were having a dig.
    I think its a massive four days ahead for the club and I do understand some of the waiting around for qualification both to know where our finances are but also one or two targets may be wanting CL Football.

  77. MickyDidIt89 says:

    As far as this Young chap is concerned, I just feel its a massive risk as RvP will get his injuries. I have been wrong many times over Wenger signings and hopefully I am on this one too. As you say, being Captain of N. Korea says alot about the man and his character.

  78. MickyDidIt89 says:

    Got to off now.

  79. Jamie says:

    Micky couldnt agree more.

    Been a horrible summer to be a fan, probably a worse one to be AW. Massive four days but if he pulls out those three singings or something like it then I think we will be top four again. Maybe win a cup.

    Very nervous but things are starting to look up. Think anything we get tomorrow is a bonus. Season starts with players fit and signing done, home to Swansea the following week.

  80. Big Raddy says:

    Typical of AW to find someone cheap in the French League.

    Is he from North Korea? I thought they were not allowed to travel?

    I am excited by his signing and welcome him to the family.

  81. I’m gutted for Campbell. I suppose getting work permits for two players in one season is pushing it. (unless they are twins and your manager is a blue nose alcoholic). He’s the captain of South Korea Raddy.

  82. Evening all, thanks for the many kinds responses and comments to my post.
    You can probably guess that I feel we are giving too much prominence to FFP in our clubs strategic planning.
    A bit annoying Joel Campbell got his work permit application turned down; also I hear Sagna is out of tomorrow’s game – anyone else heard that ?.

  83. Gooner in Exile says:

    Evening all, firstly nice article Chary. I guess we have to consider whether FFP is to prevent buying trophies or to protect clubs from going to the wall, hence the “option” to convert debt to equity to square up over spending. I would assume UEFA will claim that FFP is working if the Sheilkhs have to commit money more formally through equity.

    Now onto a couple of other things I have missed out on commenting on whilst I’ve vernier at a wedding.

    A) “insulting £6m offer for Cahill” – sorry why’s that insulting? In five days they will get nothing, we sold Clichy (a seasoned PL and CL defender) to City for £8m in the same position. £6m for a player who has no European experience and as RA points out is not actually pulling up trees in the PL seems fair to me.

    B) Park Chu-Young yet again there have Bernard number if judgements over this lad before witnessing him play. Cesc Fabregas £500k, RvP £2.5m, Jenkinson £1m, Gervinho £8m, Pires £6m, Ljungberg £3m. Then we have Reyes £10.5m, Jeffers £8m etc. As has already been proven by Wenger this season (with Jenkinson) don’t write off his talent spotting abilities just yet. Perhaps Wenger always wanted him but knew Lille did and in order to prevent being priced up (due to being an EPL side) waited for Lille to agree fee so he could match it and sweep the player away.

    Now MotD to see just how good or otherwise Arsenal fans favourite CB played today.

  84. Gooner in Exile says:

    Bernard=been a

  85. Gooner in Exile says:

    Just watched Chelsea v Norwich on MOTD, AVB is a chip of Moaninhos block. “all our players are going down” sarcastically, well they do and Ramires did again today the ball was going away from goal and keeper sent off. Torres should have had a second yellow not given. Norwich were unlucky and Chelsea with Hilarious in goal looked vulnerable.

    Back to FFP saw some people were alluding to Wage caps. The reason this works in American sport is the franchise nature and the collegiate system. They have no promotion relegation. The franchises can be taken away or moved to another city. Simply it’s a different sport.

    Also there was a question about openness of foreign investors again as all clubs must be a UK Company they are subject to UK Accounting rules and without some serious breaches of Audit ethics they should not be able to hide much.

  86. Re. your last paragraph GiE – ultimately the responsibility for the accuracy of the figures submitted to(used by) UEFA will be on the the finance directors, who will be personally liable for any false accounting.
    Agree on wage caps – they would have to Europe wide also, no doubt if the only 2 viable Spanish clubs could they would emulate their governments and rack up more debt to pay the wages of their superstars, including ones they rescued from kidnappings.

  87. oz gunner says:

    terrible news in regards to campbell, i was hoping to see him light up the carling cup. I agree cahills head is definently elsewhere at the moment so he can be afforded a bad game, yeck nasri did it for half a season. I agree with those who said why don’t teams get in trouble for tapping up players? I suppose if barca didn’t get in trouble over the hleb incident why would they over cesc or man city over nasri.

    god if sagna is out we are very light down the sides, especially against the quickness of young/valencia and that f*ckwit nani

  88. chas says:

    Nice post, chary.

    Me being a cynic, I can’t see FFP making a blind bit of difference. Just another obstruction to manoeuvre around for the rich clubs and a sop from Uefa to pay lip-service to for the benefit of the other clubs.

    My brother just got back from holiday yesterday and immediately suggested we go to Blackburn away on Sept 17th. :)

    Cmon you Gunners, make us proud of your performance today.

  89. MickyDidIt89 says:

    Morning Chas,
    I have arisen a slightly more positive man with regards to Young. I have just completed the usual pathetic research on the striker by way of You Tube Clips, and to be fair to the lad, I have gone through some old Chamakh clips to get a comparison. If you had to choose between the two based on clips alone, you would take Young every time.
    Interestingly he can also take a free kick.

  90. MickyDidIt89 says:

    I think much of my negativity yesterday stems from prejudice in that he saounds so similar a signing to MC who I believe is nothing like Arsenal class.

  91. MickyDidIt89 says:

    My sympathy today goes out to BigRaddy (assuming he has been tasked with the pre-match) and the job of team selection.

  92. chas says:

    Morning Micky,
    Park Chu Young seems a typical AW signing. Let’s hope he turns out more Pires than Inamoto.
    “he’ll shoot, he’ll score, he’ll eat your labrador”.
    Saw this elsewhere and it made me laugh, even though it is hideously un-PC.

  93. MickyDidIt89 says:

    Oooo,
    Today is much massiver than I thought.
    Two scenarios. Totteringham could go back to where they belong, Bottom on Nil Points. Other scenario, the little scuzzers could go above us plonking us into the bottom three.

  94. chas says:

    I can’t see the spuds beating Citeh.
    Will Mankini park the bus at White Hart Lane, though?

  95. MickyDidIt89 says:

    Chas,
    That’s brilliant. Best chant I think I’ve ever heard. :-) :-)
    (political correctness is the reserve a particular type of English person, and I don’t fall into that camp).

  96. MickyDidIt89 says:

    Chas,
    Neither us nor Spuds have managed a league goal yet, so I imagine City will go at them. If tragedy were to happen and we both lost, its essential the spuds lose by more than us.
    In an 80’s kind of way, life never seems too bad if you know that lot from down the road are trailing in our wake.

  97. chas says:

    Micky,
    I saw this the other day and thought you might like it to show the kids with all the surfing you’ve been doing.

  98. chas says:

    Agree re: the spuds. :)
    Off out for a swim.
    Have a great day.

  99. MickyDidIt89 says:

    Chas,
    Just showed them. They love it, thanks.
    Now they want to take the Cats to the beach!

  100. Big Raddy says:

    Chas 7.25. That really has made me chuckle – brightened my morning. Can’t wait to sing it …..

  101. MickyDidIt89 says:

    Its brilliant isn’t it BR. Still chuckling away to myself.

  102. MickyDidIt89 says:

    East coast Essex weather warning!!!
    My Mother-in-law shall be departing the west country around 10am today. Expect dark clouds and a bitterly cold front moving Eastwards arriving Shoeburyness early afternoon.
    Right now, I’m looking Westwards towards the Atlantic and all I see coming is blue sky and a warm front.

  103. evonne says:

    Micky, you are naughty!!

    Raddy – did you write pre-match for today?

  104. MickyDidIt89 says:

    I’ve just realized I’m psychic. I awoke feeling positive and bright despite believing my beloved Arsenal we would lose today. However, I also believed the In-Law wasn’t returning to the coven until tomorrow. I was then informed the hideous crone was taking flight today. Weird eh.

  105. Big Raddy says:

    Great stuff Micky. I have had a few mother-in-laws and to a man they have been great.

    evonne. Yes,

  106. Big Raddy says:

    RAsp. I am in most of the day – we can keep the MU tag. It is fun to have opposition fans on the site as long as someone can moderate out the silliness

  107. evonne says:

    Raddy – great! I love your pre-match write-ups :)

    Micky – it would have been better for you had she stayed, coz if we lose (bloody unlikely of course) you could take it out on her :)

  108. Rasp says:

    Morning Raddy, that’s fine, thanks for the post. I’ve added a pitch pic and enalrged the photo.

  109. oz gunner says:

    Park has copped a bit of flack from other sites but 12 goals for a team newly relegated is pretty good. Pair that up with better service and you have a good cheapie on your hands.

    Look forward to the pre-match BR

  110. Big Raddy says:

    RAsp. Thanks. I was about to enlarge the pic and add another but discovered you were in there!I

    Where can I get the pitch pic? If I have one it can reduce your input …. not that I am ungratefrul

  111. MickyDidIt89 says:

    Nearly there now. Carriages are being loaded, and horses (black) saddled up as we speak.

  112. gooner lost in cornwall says:

    Morning from sunny Cornwall.
    Great chant Chas,
    Micky, Can`t your Mother in law pick up mine on the way and dump her somewhere!, I would be forever in your debt, Could the East coast deal with a double depression!

  113. MickyDidIt89 says:

    GLiC,
    Where in Cornwall are you. I am just the right side of The Tamar!

  114. gooner lost in cornwall says:

    Micky, Launceston,nearly a goal kick from the Tamar!
    where are you?

  115. Morning all

    There’s a New Post ………………………….

  116. gooner lost in cornwall says:

    Only just seen the Carling Cup draw, The way our injury`s and suspension`s are going, it could be our under 16`s playing Shrewsbury!.
    Arsenal ladies would probably give them a good go aswell!

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