It’s the day of the Arsenal Annual General Meeting.. The day when shareholders and other interested parties get to ask questions of the owner, board of directors and manager. Whether any of those questions is rewarded with a full and frank answer is open to doubt.
It was reported in the press yesterday that Alisher Usmanov, Arsenal’s second largest shareholder, has written to Stan Kroenke seeking a detailed explanation why, for the second year running, Arsenal have paid a sum of £3 million to Kroenke Sports and Entertainment. According to Arsenal Chairman Sir Chips Keswick last year’s payment was for “the wide range of services” provided by KSE.
Another item to be brought up is a request for an independent review of the club’s transfer strategy following the failure to sign any out-field players during the last transfer window.
There will, no doubt be questions asked about the size of the club’s wage bill, how much money there is in the transfer kitty and whether the price of match day tickets is likely to be reduced in view of the greatly enlarged sums pouring into the Club’s coffers from both television deals and sponsorship.
I’m sure AAers will have other questions that they would like to put forward, Why not list them in your comments below. You never know someone attending the AGM may just read them and may just put one to the hierarchy.
Written by Norfolk Gooner