New Wage Structure a Possibility?

July 15, 2012

Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness.

Annual income twenty pounds, annual expenditure twenty pounds nought and six, result misery.

Those are the wise words of Wilkins Micawber, the man himself struggled to live by the maxim and found himself in debtors prison. Ok he is fictional, and admittedly Arsenal Football Club is not one man with a propensity for overspending so why is this relevant.

In the aftermath of van Persie’s bridge burning ceremony and the open criticism of the board by Red and White Holdings questions once again were asked about the wage structure at the club. Before I go any further I want to make one thing clear, no one apart from the player, his agent and the club know what each player is earning.

This doesn’t stop a great deal of speculation, last year a list of players and their salaries was linked to by various sites as gospel, that list proclaimed Chamakh as earning £60k a week, this week the Fiorentina chairman said that Chamakh was on €3m per year which equates to £44k a week and therefore they could not afford him, okay so it is still a fair chunk of money, but in lieu of a transfer fee to be expected. Does £44k a week illustrate wreckless spending when Dzeko twiddles his thumbs on the Etihad bench whilst picking up what is believed to be a salary of £160k a week.

This is the market we are operating in, and whilst it is true that City and Chelsea distort the marketplace our players are also expecting similar salaries, and quite frankly most will not be happy on £10k a week as much as we would like to think they would stay and play for the badge.

The club have been criticised for not dealing with van Persie sooner and for allowing the wage parity between players, I know one thing, if the club had put van Persie on £150k a week contract before the start of the 10-11 season there would have been many fans scratching their heads.

Now we have increasing speculation that Barca are expressing an interest in Koscielny, we apparently have looked to sign him up to an improved deal but if he fails to sign I expect to see fans question again the initial contract and why he wasn’t signed up sooner. Again if Arsene or Ivan had announced a new contract for Koscielny after his first year just how many Gooners would be phoning TalkShite and expressing again how clueless the pair are?

One of the main criticisms of the Arsenal wage structure is that in recent years Arsene and the club have sought to narrow the gap between high and low earners and that has led to a bloated squad (paying youth players too much etc), the second criticism most often heard is that we are not paying our best players enough to keep them and selling them before or at their peak, and finally is that just one or two £30m buys would be nice (remember “we aren’t asking them to break the bank”)

In 2010-11 Arsenal made a profit of £14.76m only £2.2m of this related to football profit and the football profit would have been a loss but for some player sales (which turned a profit of £6.2m). The wage bill was £124m for all the employees at the club, I’ll assume that the player share is 90% (which leaves £12.8m to pay the other 380 employees on an average salary of £31k…this includes Arsene, coach, asst manager, scouts, the medical team, doctors, directors, sales people etc £31k might be a bit light as an average).

How would you do it different?

Taking the football loss and adding back the wages and player amortisation at the end of May 2011 when you take over the running of the team you have a budget of £142m a year to spend on wages and transfers. In addition we received £50m from the sale of Cesc and Nasri, that is your maximum extra funds to spend on transfer fees or wages…I know what you are thinking “what about that £160m everyone says is sitting in the bank can’t I have a fund to start with?” Well I’m afraid not, as a result of the property financing we have to keep £60m in the bank, our Net Current Assets (thats everything we have due to us in a year less everything due to pay in the year) is £90m, £30m of which is Property so we have to keep that money in the bank to comply with the borrowing requirements.

So there you go empty squad sheet, clear out the dead wood by giving them all free transfers and leave yourselves with the players you would want and put them on the salary you would like, just how will you balance the books and prevent them leaving to go elsewhere and at the same time saving money to spend on new transfers.

We are getting closer to the position where we can spend without fear, new commercial deals are around the corner, but in the meantime and for the next two seasons a fine balance still needs to be struck.

Who Pays?

Getting rid of the reserves and paying the first team in competition with City is only possible in one way – Usmanov buying the club and doing what he has promised.

5 players on £200k a week = £52m
5 players on £150k a week = £39m
5 players on £100k a week = £26m
10 players on £50k a week = £26m

(let’s get one thing clear this is the kind of ridiculous money they pay, Nasri £170k a week, Adebayor £170k a week, Yaya Toure £200k a week)

Thats a total spend of £143m, £1m over my budget for a season (excluding the £50m i had to buy some talent) and I have nothing set aside for next season to buy anyone new. And players at these levels aren’t picked up on a free very often.

In addition we won’t ever have extra money from selling the best talent as we will release them when they have served their time.

If we decide this is the only route to take why do fans ask that someone else pays for it? Why don’t we want to pay it through increased ticket prices and membership?

Gooner in Exile


Has Arsenal already appointed its next manager?

July 14, 2012

With the Dutchman announcing he won’t sign a new contract and the Giro-Pod flexing its forearms, hell-bent on destroying premiership defences with its bare hands, it’s easy to see how Wenger’s potential nomination of his successor may have slipped through virtually unnoticed in this turbulent summer.

Arsène’s contract runs out on the 30th June 2014. He was quoted last season as ‘wanting to see out his contract’. This was under heavy fire both from the media and from the Arsenal doom squad fans after the club’s worst start to a season in recent memory, but could be taken to mean that he probably won’t renew after this period. It makes sense, if this is the case, to appoint a successor before leaving, thus providing both stability and continuity in a footballing environment which currently has neither.

Stephen Andrew Bould is 50 years old this year and first joined Arsenal in the summer of 1988 for the princely sum of £390,000 (approximately two weeks wages for some of the current mercenaries plying their trade for the light blue oily team). He played for the Gunners over 11 seasons, making a total of 372 appearances and scoring a majestic 8 goals.

Here’s one of Bouldy’s goals from 1991 at 1:36 in this clip. He obviously enjoyed those rare moments!

He won 3 League titles, 2 FA Cups, 1 League Cup and 1 UEFA Cup Winners Cup in his Arsenal career. One of his outstanding highlights as a player came when he provided an Emmanuel Petit style pitching wedge of a chip to put his old mucker Tony Adams through, against Everton in 1998 which topped off a title-clinching 4-0 victory.

Bouldy moved briefly to Sunderland but was soon forced to retire in September 2000. He studied for his UEFA coaching badges and rejoined Arsenal, becoming coach for the youth teams. He was the head coach of Arsenal’s U18 Academy side whom he led to winning the Premier Academy League 2008-2009 and 2009-2010 and FA Youth Cup 2008-2009.

Summer 2012 arrived (well the summer months arrived anyway) and Pat Rice finally retired after 44 years at the club. Steve Bould is appointed assistant manager and immediately talk shifts to how Bouldy can reinforce the Arsenal defence which has shown a worrying trend of leaking more goals each season for the last few years.

When interviewed Steve Bould immediately gives off an air of calm and common-sense, in stark contrast to his old drinking buddy Tony Adams. He is steeped in the traditions that Arsene Wenger has laid as the foundations of the club for many years to come.

The next Arsenal manager? I think so.

Written by chas


Trophies, Identity, Board Wranglings

July 13, 2012

Red & White’s Open Letter, and the subsequent chatter around the internet is the reason I decided to try and write something. Trouble is, I am angry, and I don’t know if I’ll be coherent enough. Why am I angry? Because I don’t like my club being harmed. Now, some would argue that the club being harmed is exactly what makes Usmanov angry, or ‘concerned’. And that’s why he’s decided to write something like what he did. I disagree. But let’s move on from this for a while. I’ll keep referring to parts of the letter though.

The more fundamental question is..Why do people think there is something wrong at Arsenal? Usmanov refers to dressing up a bad game, and I guess the same applies here. No matter what people say, the reason for there being a perception of something being wrong, is only that we haven’t won a trophy for a while. And that is exactly what Usmanov is seeking to capitalise on.

What is a trophy? It’s something you win. Even Usmanov says “because it is the trophies which are the crowning achievement for everybody at the club.” What is the keyword in there for most people? For me, it’s ACHIEVEMENT. A trophy is not the end to be reached at all costs. It is something you earn. You earn it by playing well. You earn it by being better than others wanting to win it too. Sometimes, despite playing well enough you miss out on it due to factors outside your control that can be simplistically labelled as luck. Where is the achievement in assembling a team of the highest paid players? What is the meaning of the trophy if you are simply getting your hands on it? I could buy a trophy from some guy who won the track and field at the national athletic meet. Hell I could pump myself full of drugs, nobble him, and even race him for it and beat him. (See, I worked for it) I would then display it in my cabinet. Maybe show it off to some people who visit, who would be suitably impressed. But what do I get from it? Nothing. Nothing important anyway.

But let’s say you do. Some of you feel that the trophy IS the ultimate achievement regardless of how you come by it. What would be the collateral you would be willing to give in exchange for your trophies? What would you sacrifice for it? After all, no such thing as a free lunch. So if you’re not paying the bill for your lunch, someone else is. Who is footing that bill, and why? What do you risk owing that person in exchange for having your ephemeral desire satiated? And what do you have left after the desire is fulfilled?

Having one person owning the club is inherently risky. For every Abramovich there are tens of Shinawatras, Chainrais, Ridsdales, Whytes, Yeungs, Venkys, Tans, Romanovs (starting to get the picture yet?) And if you don’t know who they are, it’s because the media doesn’t quite give the same amount of coverage to the important problems in football, as it does to transfers and the rest of the drama. Of course, nothing like this could happen to Arsenal. Arsenal could never go bankrupt. Even if we do, there will always be someone richer and more ‘ambitious’ to rescue us and bring us more trophies. Right? You come back to the point about why someone will foot your bill. Let’s get one thing straight. Rich people do not give away money. That isn’t how they got rich in the first place. If they seem to give away money, it’s because they aim to gain something out of it. It’ll always be more money, whether directly or indirectly. It could be an advertisement, it could be as an investment, it could be to gain legitimacy. Anything. But it is never charity. Never. Eventually, they will no longer need this toy that they have. It will happen. It may not be in 1 year, or 10, or 50. But it will happen.

Now some people seem to have no problem with players switching clubs for more money. Neither do I. They do it in contravention of rules though, and that’s something we shouldn’t forget, or brush over. But ok, we’d all switch our jobs for more money. But would we switch our loyalties? Let’s say someone offered you a large sum of money to start supporting Chelsea with them (because they are all alone and they want to feel as involved with their community as we are) Would you do it? Turn your back on Arsenal? Chelsea win trophies, remember? I would think not. So it seems people have some qualms about switching loyalties for money or trophies. Yet, what people are advocating with bringing Usmanov in, is also switching loyalties.

What are we loyal to? Just the name ‘Arsenal’? Well, we were also variously named Dial Square, Woolwich Arsenal, Royal Arsenal etc. right? Didn’t our fans maintain their loyalty? Don’t we accept those names as part of our history?

What are we loyal to? The location of the club? Well, yes. But the reason for that isn’t just location itself. It’s what it represents (and I’m an overseas fan) to the people, to its traditions.

I follow Arsenal because of our ethos. Our tradition. our values. Our class. Our style of play. Our history of success.

Now. Some of those things will not last forever, and I’ll still be around supporting Arsenal. For instance, our style of play. I’ll still follow Arsenal if we play like a bunch of club footed, catenaccio loving bunch of amateurs. And of course, if we are playing like that, there will be no trophies.

But some things, are THE identity of Arsenal. Values, and traditions. CLASS.

For one moment, forget trophies, forget FFP, and talk of we can’t compete (we do compete most years) and think about it. It’s just good sense to not spend more than you have. Most of the world is finding out right now that living in and off credit is something which comes back to bite you. Usmanov’s notion of a debt free club, with a large war chest is all well and good. But isn’t that exactly what the current board are looking to achieve?

In any case, having a sugar daddy model doesn’t guarantee success. Even in today’s world. What happens when EVERYONE goes down that route. You can pump in 2billion, someone else will pump in 5, someone else 10. What guarantee do you have that any amount of money will be enough? Are there enough billionaires interested to go around? And that’s nothing to say of what it means for the state of true competition in football. Even the US, which is the most capitalist country in the world, organises its sports in a very socialistic manner with wage caps, draft system, and restrictive transfer rules, because those rules promote a more competitive environment. ManCity might be Arsenal’s rival, but if they end up destroying all competition, they end up destroying themselves. Sports are not a normal competitive business environment in that sense. There are no monopolies in sport. There is no excitement in viewing a foregone conclusion. Arsenal do things in a way which are moral, which are important, and importantly, which does have a chance of success. The chance is lower, and it is affected by being targeted at this point. But the chance is still there. They only target us, because they fear us.

And I include Usmanov in that. Usmanov wants to own the club, right? If Arsenal succeed, he doesn’t get to own Arsenal. As such, his ‘concerns’ are very much the opposite of Arsenal’s. His interests are contrary to the fans. Usmanov is selling a dream. A dream Ridsdale sold his Leeds fans, and then said that for a while, we lived it at least. To be fair, the board is selling a dream too. The worst that can happen in following that dream is that we won’t win trophies. The worst that can happen with chasing Usmanov’s dream is…well.. a LOT worse. Trophies would be the last of our worries then. Ask Portsmouth fans. Usmanov came in through paying Dein 75m for his shares. and promptly proceeded to go on a bullying spree against all the blogs who were naturally enough curious about his past. His shady past shouldn’t disqualify him, but it should make us wary of him. Usmanov is also the only one making high and mighty promises, which he knows he’ll have no need to prove until he can give us all a massive shrug with massive shoulders and say..Tough.. I lied. He’s the only one who makes opportunistic statements destabilising the club, just to try and force his way in. He’s using the fans’ concerns, presenting them as his own, and trying to use us to get his way. Kroenke was on the outside looking in too. He never made any statements harming Arsenal. Of course, Kroenke is not an angel. He is just someone who’s track record and behaviour suggests he is more trustworthy, or at least, less risky.

I would MUCH prefer not having either of these people involved with Arsenal. But only Kroenke has sports teams (and no, they are not all ‘unsuccessful’. Saying that is displaying a vast ignorance about how US sports are structured) He has NEVER sold any share in any sports team he has owned. He was initially resisted by the board, but brought in once Usmanov appeared on the scene. (which suggests they aren’t simply motivated to sell out, nor did they accept Usmanov’s higher offer)  Kronke uses his sports teams as a business. Arsenal IS a business. What does he bring to the business? He brings with him a wealth of marketing experience using sports teams. Liverpool’s owners managed to get them a bumper shirt deal through their own channels of influence. Kroenke offers us much the same. He can increase our brand value, and that in itself isn’t as simplistic as saying, if you win, your brand value goes up. Kroenke has something to offer us. His endgame is still unknown, but his record of not selling any sports team gives me confidence he’s not here to make just a quick buck.

So basically, I think this whole worrying over trophies is distracting us from the main issue. The current board need to change some aspects of their running of the club, in an ever changing situation, but what they say, and even the transfer dealings over the last 2 summers suggest they are aware of that. The desire for change, should not mean desire for complete change. We will not know whether R & W will be any better, until it’s too late to do anything about it. So far, everything Usmanov has done, has led me to grow more and more in favour of keeping him out. Much as I’d prefer Kroenke also gone, at the moment, if he’s all that’s stopping Usmanov from coming in, I’m thankful for his presence.

To end, I will make a statement that seems to go contrary to all I’ve written above. I think it is possible to maintain class, even under a billionaire model. No really, It is. A financier doesn’t HAVE to change the club’s ethos. He doesn’t have to make the club all about money. He can help the club overcome some shortcomings. But in that case, he doesn’t guarantee much more success at trophies. Once you start paying players more and more money, class invariably goes out the window. In any case, Usmanov has a distinct lack of class, and he’s shown a few times that he’s willing to harm Arsenal to serve his own interests. Hence my feelings above.

Written by Shard


Robin The Rich ….. Arsenal The Richer

July 12, 2012

I don’t know where to begin. I was so positive about this summer and the coming season. I wrote a post on here – “Van Persie, Van Mystery”- in which I admitted the fears, but espoused the hopes of the fateful meeting between Arsène, Gazidis, and van Persie..I now notice how I naturally refer to each.. Van Persie used to be Robin…not anymore.. — Gazidis.. will probably never be Ivan, but who knows (I always remind you all that I’m an open minded Gunner). Of course Arsène, that will never change, he will always be our Arsène for me, unless they find some bodies buried in his basement, and even then I’d probably forgive him. He’s just so damn magnetic !

Rather than run through all the recent confusion and possible scenarios for this summer (rampant in the press and blogosphere), I will set some reasonable goals, with just a few hypotheticals, and some things that would satisfy me as a fan.

Before the bad van Persie news this week.. I was hoping for a couple more signings after Giroud and Podolski. –  either a good quality DM or CAM. I say either, because, it would be unrealistic to expect both, and we have a couple of versatile high quality midfielders in Wilshire and Arteta who can adjust to compliment either, I believe, and I trust Arsène’s vision on where to use them, especially JW.

I do like the idea of a solid PL back up goalkeeper, and I don’t see anything in the rumours that says Arsene wants someone to replace Szczesny,( maybe a decent challenge at best ) or that we would spend a lot there.

After this, I would have considered anything more coming in as a big bonus.

I think we will move a few sellable players out. Maybe Bendtner,Chamakh, Vela, and Arshavin ( he really screwed up the Zenit plan by opening his mouth at the Euros)  We have to be honest… not everyone can be moved at their current wages.  But these few have  value. Yes, some teams like Chamakh.

Where things get a little sticky, is, any possible domino effect with Walcott and Song. I will not go into all the possible permutations of what can happen there– so i will simplify it. —- If somehow things get really ugly, I don’t want Arsenal to find out when it’s too late to do anything about it. Neither Theo or Alex would be someone to hold onto if they refuse to extend. So they need to be signed, or moved, and replaced. (maybe signed, then at a later date, sold? )Seriously. If we have another last minute debacle, we should be ashamed, and someone would have to pay, in my estimation.

On Usmanov… I know it’s hard to take the shareholder infighting, especially after RvP’s statement and it was a bit of opportunism. But I try to put myself in the rich guys shoes : I’m trying to take control of this club, probably to try and make it better. I’m willing to spend, but the current board is blocking me at every turn. I’m watching this loser Kroenke, who doesn’t care about the team personally, I’m sure. He isn’t doing anything to help, personally, yet he blocks me from trying to change things. You know he probably isn’t a football fan, except NFL. Why can’t I speak out. Everyone else can blog, or give their opinion as much as they want.

Consider this, maybe he was justifiably outraged whenever he found out, like some fans we know.

Back to me.  I don’t want a sugar daddy owner, I’m proud of how we try to do business, but there is a reasonable middle ground, with a little bit of owner investment, especially until we renew our bigger commercial deals. A moderate investment in the squad (keeping FFP in mind), and greater success, would make those new deals more lucrative, surely. It may never be a perfect ownership situation, but there is certainly a lot of room for improvement. For all we know, Wenger may be secretly hoping Usmanov gets in.

And lastly, about van Persie. I reserve the right to change my mind about this, but this is where I stand right now: I don’t want us to accept a pathetic offer. I don’t want any team to take advantage of the situation as it is, or for RvP to force his way. Either pay for the player of the year, or he stays, and helps us make a run. RvP will have to play well to prove he’s worth top salary in a year. He will have to risk under performing, and injury. But he shouldn’t mind accepting less, because it’s not about the money, right? Actually, he will do fine, because without any transfer fee next year, a couple teams will still be able to pay a big salary or signing bonus.

I want us to show anyone and everyone, that we are not desperate to take any cash we can get. We would rather have one more year with a great striker, who is moulded perfectly to our system, – to make a strong title run. —OR, If we get a strong offer, take it, and go get one more good attacker for depth. Either way, we will pick a new captain.

With so much outrage among fans and press this past week, I think my view is reasonable. Less emotional today.

Written by jnyc


The Arsenal Uncivil War

July 11, 2012

“Entities should not be multiplied unnecessarily.”

Occam’s Razor.

And so we have the Arsenal Uncivil War. The Arsenal way is no more.

Whatever the reasoning for two expected bombs landing in two sites occupied by the public, the inner workings or malfunctions of our football club have conspired to make summer yet again, the most foul of seasons for its fans.

I am all-too-often a person who likes to complicate and pick apart notions and ideas for that which looks worth explaining. But in this instance, the simplest approach seems the most appropriate.

Let’s break this down:

• The best players want to leave year on year.

• The manager confides in no one and practises the art of damage limitation to no great success (unless we include his marriage).

• The board want to make money – huge money, out of the club by completing a 5 year plan and selling at around a 75% profit per share. Debt free, Arsenal is an amazing proposition to a billionaire looking for a Man City toy in a prime area of London. (Inevitable if the current financial base incurs a further economic demise – relative to our competition)

• The fans pay the most in the world for their tickets.

• If it is to be believed, the fanfare surrounding the appointment of our CEO and our Commercial Director culminates in a cold-call exploring sponsorship links with a company owned by our 2nd biggest investor.

The club is a mess. The Arsenal way is an organised, yet minimalist mess. Wenger’s overgrown teenage affection for all things Japanese – (eg no obvious acts of rebellion, no aggression to one another, take your shoes off before trying to burgle my house and so on), is the only thing that disguises the torrents and rumblings that continue to affect our planning and consistency.

Now it is not all doom and gloom. But right now the 8-2 defeat feels far more resonant in my mind, than any decent result as I remember how the disaffected Wenger and his shell-shocked troops were dismantled and imploded last September.

What appears to be the case is that it is not all the managers’ fault. He has made the club in his image and the board have allowed this to happen. Wenger is a better PR, commercial director, product in himself, manager, CEO and economist than most people working in football. All this for £6 million a year is a bargain. But only if you work on the board of Arsenal FC.

So what of the rumours of Wenger’s and Gazides’ relationship? What has the Chairman done in his Prince Phillip role? What do the chairmen of clubs like Tottenham, Dortmund and Porto do that is so relatively successful, yet continually have to contend with the higher achieving clubs around them, (or conditions such as Spurs minimal pay scale)????

These questions cannot be answered by us and need more than speculation by ourselves. However, as I started this with Occam’s Razor, I might as well continue it. The simplest way is to conclude that many errors have been made in many areas. Some are directly attributed to judgement and capability issues from employees at the club. Others are down to the irregular and unpredictable nature of cash and cache. We don’t know when a player is going to ask for more, or claim to want success – but we sure as hell know it will happen. What prompts them to do it is usually a mixture of agents, media, personal glory and stagnation.

Theo for example is another player in a similar situation as Robin. However he won’t be offered what R$VP wants because his demands don’t mirror his erratic cache. But in terms of what the club stand to lose, it will be viewed and take a similar effect (though in differing amounts/impact) to the R$VP case. This will contribute to the detriment of the club (and have a variable impact on the performance on the team), it will have a similar effect on the issues that affect the management of the club and team. This might sound like waffle but it is critical as it suggests the need of a rather large change to the contracts of our players.

Parity in pay can only be merited once players have proved themselves. Parity that Wenger espouses is contradicted by the policy to sell tickets at different values depending on the opposition. These are largely part of the same value system and therefore need to be further addressed.

EG: R$VP is paid £100k per week. Theo £60k. Denilson £60k and so on. Now is Theo a top tier player? Is Denilson a middle tier? We know Wenger pays (and it is Wenger, not the club) players based on the idea that they will come good and wish to remain loyal. Nope. He knows but is he willing to accept this? Arteta took a pay cut to come to Arsenal and is now the fans’ favourite to be made captain. A captain that will not leave next year. Sounds like a pay-plan to me.

If dead wood gets shipped out and frees up a load of money, that shift can change the current pay policy without costing the club more. Then again, we can also purchase and pay more without costing the club too much more. We need to make the decision based on the supposed pledge that 75% of all revenues must be spent on player acquisition and/or retention. Is it? Is it really? Have we spend all that we amassed with Adebayor, Toure, Fabregas, Nasri, Clichy and so on? Or do those sums offset the heavy price we pay for Diaby, Denilson, Chamakh, Bendtner, Almunia (RIP), Squilacci, etc? In which case, we need to take a hit and start again with a new pay structure. Future players need it, we as fans need it. We are like Status Quo complaining when Radio 1 decided not to play them again. Who cares? We were once important and within our own fan base we are important but the difference is that Arsenal FC doesn’t have to age, even if the Arsenal way seems a bit old and stuffy.

Now the claims and counter claims, rumours and so on will try to kill our summer. They will try to destroy all that the club foolishly prides itself on by sending out a PR message dressed like Miss Jean Brodie in a Playboy beauty pageant. Does it even matter how good-looking she is, if the myth and allure are killed by the ‘surface’ presentation? Or what if Brad Pitt enters a body building competition? Is Arsenal the embodiment of Feminism or metro-sexuality in a world of hardcore banking porn?

It says so much about how football is viewed by the players, agents and fans alike that an attractive and decent club with an amazing infrastructure, can be mocked and pilloried because they decided to adhere to an ever-growing, utilitarian view of football. Ticket = pleasure.

Do me a favour!

Usmanov has taken a chance to destabilise, as has R$VP. Wenger has hidden behind the board and CEO for the first time in a while. The financial damage to the brand increases every hour that nothing is said or done. But this cannot be properly felt in the ‘bubble’ that has been created for the players and the management. Occasionally, the businessmen of the board have to step out of the bubble and take a look around, because in the original Adam Smith ethos of economics, the ‘market’ exists for the people. But the ‘football people’ don’t seem to see this and choose not to cater for it at Arsenal. Not beyond doorsteps of stale bread with morsels of fois gras. Meanwhile, the rest of the league are bankrupting themselves to gorge themselves to a slow, medium or rapid death.

So my patience is a thin as Usmanov is fat. My reticence is fragile and my faith in those who control and steer this ship is more Costa Concordia than Victoria Concordia Crescit.

We can come out fighting. We can do damage limitation PR. We are not the royal family. Nor are we cream and will not ‘float’ to the fecking top. Our class may be as permanent as the damage done by our own staff, the media and the economies of scale. If we think big and pay little, we will end up hosting concerts and X Factor auditions to more people than football matches.

We do not need sea change, we need some change. We do not need billions, but we need hundreds of millions. We do not need more fans, we need loyal and appeased fans. We do not need to be in the know, but we need to know some truths. We put our faith and hope in the most ungodlike of people.

Our football will not be saved by two signings and a couple of loan deals. Nor will a farcical cancelled trip to Nigeria, which no doubt will still result in the website showing photos of ‘our’ Frank Stubbs posing next to an urban open gasoline pipe, a couple of Muslim-targeted churches and him hitching his way round the country blindfolded and gagged.

This is the time for political and financial change. But not revolution. Make the moves Arsenal but stop being so bloody British about it.

Written by fergalburger


Arsenal Supporters ………….. Trust?

July 10, 2012

A couple of AA stalwarts attended the AST meeting last night and since we didn’t get back until late, this brief résumé will serve to start debate rather than be a detailed deconstruction of the proceedings.

First let me say that the attendees were (at least those who spoke) level headed and articulate – but there was plenty of disagreement all the same. The AST is an effective vehicle for access to the club and we are very lucky that we have a CEO in Ivan Gazidis who gives his time to attend open forums as well as having regular private meetings to discuss particular issues (one is taking place this Friday).

I doubt many other CEO’s of top clubs would be so obliging. For this I have to applaud IG. He does not have an easy job having to juggle the conflicting factions of the business – an absentee owner who will not invest, an entrenched Board in dire need of new blood and a manager who is both brilliant and intransigent.

As far as the meeting itself is concerned, there wasn’t a single point made by the presenters or those who spoke that hasn’t been made many times on here over the last few years.

A lot of discussion early on was over the results of their annual survey. I know some supporters suspect that the AST adopt an anti-Wenger stance but this was dispelled by the response to the question asking whether AW should remain as manager which showed 77% in support of Arsène Wenger.

Amongst the many topics discussed, there were two main points that received general agreement at the meeting but that some on here will probably take issue with, and I would like these to form the basis for today’s discussion.

1. It is ridiculous that the Board refuse to meet with Red and White Holdings.  Apparently neither Usmanov or his partner Farhad Bashiri have ever been invited into the Boardroom to discuss there intentions as major shareholders. They have never been invited into the Directors box to watch a game (he is currrently purchasing his third private box) or entertained in any way by the Board.  They own nearly 1/3 of the club and yet are completely ostracised and this simply would not happen in any other sphere of business. Some kind of dialogue should take place to see if R&W Holdings can contribute to the success of the club whilst still maintaining a self-sustaining business model.

2. The ownership together with the Board are hiding behind FFP simply because they can, and because self-sustainability has been our business model since since moving to the new stadium.

The meeting was attended by accountants, solicitors and people who understand contract law and the belief is that we could be more aggressive in our approach and still comply with FFP.

It was said that the true impact of FFP (if any), extra income from TV rights and the renegotiation of big sponsorship deals are all about 2 years away and the club basically chooses to take the risk of falling out of the top four rather than raise funds to invest in the squad.

The club runs at about a £15m loss annually and this deficit is made up by the profit from the sale of players. There is also a buffer of £30-40m from the sale of players in recent years that is held back in case the club fail to qualify for the CL one season. The feeling was that this money could be invested in the team as the club are likely to be about £70m better off come the 2014/15 season.

FFP is a UEFA policy of some 72 pages and much is left to interpretation and could be easy prey to top lawyers but it does seem already to be affecting the behaviour of clubs although oddly it is the smaller clubs that are likely to be affected the most. Man City were very astute in doing big player deals before the start of the system and continue to exploit it intelligently. Arsenal in contrast appear to be living in the hope that it actually achieves its goals – the general view at the meeting was sceptical that this would actually be the case.

…………………………discuss

Written by Rasp


A few forced changes, but better nonetheless

July 9, 2012

I won’t lie. van Persie’s announcement a couple of days ago left me gutted.

As of time of writing, there are still no developments on his situation as to whether he will honour his contract and stay, or surprise everyone by signing a new contract or just be sold. Also like a few fickle Gooners, I won’t jump on the bandwagon of ‘Kroenke out, Gazidis out, Wenger out’, just by reading a piece of paper published by the yes-men of a certain Uzbeki who has a dark shady history and been linked with allegations of trafficking, rape and murder.

I intend to reserve my judgement on this situation until I see what decision and comments Wenger makes about all this chaos and how he acts. As a humble fan of this great club, all I can talk about is how we can deliver on the pitch and ride our way back to greatness, instead of musing on who is the better between the two mannequins’ ala Kroenke and Usmanov.

Assuming that the not-so-flying Dutchman leaves and it is the most likely possible outcome given Wenger’s history of shipping out unhappy players, the Club is tasked with replacing a 30 goal striker with fantastic movement around the box and one of the leaders of last season. Tactically speaking, we have to ask ourselves the question as to which has been the bigger loss in the last couple of summers – Fabregas or Persie?

The more important question is do we rely on a single superstar to guide us to glory, only for them to leave us for greener pastures just because they couldn’t handle the weight of the cannon? Or do we place our trust and hope in a bunch of hardworking, classy players, who actually work as a team and toil for the crest and relish it with pride? True, that the 2011-12 season belonged to the moneybag clubs like City and Chelski, but still there were tremendous success stories like Montpellier and Dortmund, showing that Arsene’s philosophy and dream can still be achieved.

A week ago, I had an article on a strategy that we might use next season (Arsenal-Milan hybrid), which involved Persie more as a false-9. What we will miss next season is not the 30 odd goals; Podolski and Giroud are more than capable of compensating for it, but what we will miss is the playmaker-like quality that he possessed. Technically speaking, we have just lost 3 playmakers in 2 summers (Arshavin might be the 4th this summer).

Podolski and Giroud both are technically different players than these playmakers. Podolski is more of a strong workhorse with a powerful shot whereas Giroud is the classic No.9 with fantastic aerial ability, hold up play and the hungry predatory instinct which I dare say, even RVP lacked. A few nostalgic fans might remember the 4-4-2 which we employed during the Invincibles season, but even that is not a possibility anymore, as 4-4-2 is a rather defunct formation having weaknesses which good teams can exploit; it can be used temporarily depending on the nature of the situation, but not as the base formation.

RVP’s departure might force Wenger to get a playmaker to add that level of creativity needed to make players like Podolski and Giroud tick. Not all hope can be pinned on the young shoulders of Jack, who I assume might not be rushed into more than 20-25 games next season.

Whoever the new playmaker is, what we can expect is a bit of unpredictability from Arsenal next season, as the opposition might not know where the goals will come from, and that bodes well for us. Also, I assume that if we indeed get a playmaker, Song might not neglect his defensive duties after all as there is no added pressure of creating chances. A midfield of Song and Arteta aptly supported by Coquelin, Frimpong, Wilshere and either of Diaby or Ramsey looks solid enough. It is the ‘hole’ that is lacking quality with Rosicky as our only main pure playmaker.

In the circumstances that the opposition tries to single out this playmaker, we can fall back on the options of last season ala Arteta and Song. Add Wilshere and Diaby(whom I expect to surprise everyone and have a great season), and we have secondary options as well to carry out playmaking duties.

What is important is that we manage to keep our players fit which can result only from a slight change of training regime, as this new look side has enough quality and more importantly, the right balance to challenge for the title. The future of the Club like Wilshere and Chamberlain can be slowly blooded in, alongwith the likes of Miyaichi, Afobe, Jenkinson, Gnabry etc, guided by the veterans Arteta, Rosicky,Vermaelen, Mertesacker and others. Who knows, the departure of van Persie might even be blessing in disguise, in the long run. But to start off this wonderful dream, what the Club has to do is to make the necessary signings and make them fast.

A team can only be successful only when it properly gels in and the teammates understand each other telepathically. Trash this possession football stuff and get back the beautiful counterattacking Wengerball where each player contributes !

Suggesting all of this seems quite easy by just sitting in front of the laptop, but it is not impossible, especially given that we have one of the best managers in the world at the helm. I won’t cry my eyes out just because one of our strikers left, but I will certainly start worrying the day this man decides to leave.

Written by Sagar Tarkhadkar



Rich club v Beautiful accounting

July 8, 2012

I have always been a staunch ‘sustainable model’ kind of guy, in keeping, you might say, with my career as a no-nonsense, think with your head and not with your heart accountant.

However, recent events have made me stop and reflect on that ‘sustainability’ stance.

The Chavs are now beginning to flex their obscene financial muscle, once again, in the transfer market to re-stock their ageing squad while Citeh continuously threaten to hoover up any footballing talent not securely nailed down after buying their first Premier League title, and even the Spuds are beginning to flex Joe Lewis’ chequebook.

Manyoo, for many years after the founding of the Premier League, plundered the top British talent, and continue to do so. They have been joined by a plethora of established clubs throughout Europe, together with the recent arrival of the latest bunch of artless financial pillagers.

Despite that, and the contiguous financial drain of building a new stadium, we have maintained our position as the second most successful Premiership team in terms of points earned, since the inception of the League, with 1,449 points, with only Manyoo above us on 1,663.

Those points, however, have not translated into a proportionate number of titles won, and this has caused a wave of unrest among many Gooners everywhere.

I have already mentioned two of the relatively new boys on the block, and bearing in mind our wish to be competitive in European football too, it might be worth having a look at a number of our wealthy competitors, including the oil nation or ‘rich boy toy’ clubs who have sprung up in recent years.

  • Man City = Abu Dhabi Unt Group – bought 2008 — £1bn
  • Chelsea = Abramovich – bought 2003 – £1bn
  • Anzhi Makhachkala = S Kerimonov – Russia – bought 2011 — £200m
  • Paris St Germain = Qatar Investment Authority – bought 2011 – £100m
  • Malaga = Sheikh Abdullah (Qatar) – bought 2010 – £75m
  • Real Madrid = ‘Socios’ members – Spanish government backed
  • Barcelona owned by its supporters – Catalonia backed
  • Man Utd = Malcolm Glazer and family, billionaires {landed debt for purchase of the club on its own balance sheet}.
  • Spurs – Privately owned by Joe Lewis – billionaire – shows financial muscle in discrete way.
  • Juventus and AC Milan from Italy
  • Bayern from Germany

The list is not exhaustive!

There are, in addition, any number of other clubs who have powerful (secondary) financial backing, which will become evident in the near future, such as Liverpool, Villa and Newcastle, while other ‘poor’ clubs are begging to be taken over and elevated into the ‘financial mainstream’, such as Everton and a number of well known Spanish and French clubs.

Arsenal’s options within this mounting tide of footballing opulence, is to stay as we currently are, sensible, well run, self sustaining, but inevitably doomed to a cycle of a diminishing world fan base and a resultant decrease in commercial financial worth, caused by the lack of silverware; or to grasp the bullet, and accept the cornucopia of unbelievable wealth which is on offer from the likes of Usmanov, or some other oily benefactor, which may well bring many a trophy success, but might also be a poisoned chalice if we embrace mammon.

Look, I have no easy answers.

Although I love sport in general, there is no other club I love with the unreasoning passion that I have for Arsenal, so what is the best for my club is my only driver in this discussion.
As a point in question, I can tell you that second and third in my ‘love’ list are “The New York Yankees” and “The New York Giants” respectively. I watch them when I can, and always religiously look for their scores. I am infused with joy when they win and plunged into gloom when they lose.

What I don’t care about, and never give a tuppenny fig for, is who currently owns their franchises, or how much they bought them for, or where the money comes from to successfully the run the clubs.
These owner guys live in a world of wealth I can only dream about, and they would laugh their heads off if they thought I worried, for even a nano-second about their financial sustainability.

These guys are in it to win games and trophies and thereby to increase their commercial returns and make profits, while enjoying the ego trip.

Therein lays the rub.

You see, there is a very well known, extremely wealthy, American entrepreneur called Stan Kroenke, who owns a number of franchises in the US. And do you know what? I don’t care about his commercial franchises, or how profitable they are, anymore than I do those of the owners of the Yankees or the Giants. And frankly, I could care less for Mr Usmanov if it came to that.

The trouble is, here in the UK, it seems, I actually must worry myself, as part of the “committed fan” package, as to whether Stan’s financial model is running sustainably or not, (which basically means he does not run the club at a loss, while his shares continue to accrue in value) whilst sublimating my own quite justifiable desires for Premier League and European Champions League success and glory.

What is going on here?

I supported Arsenal, originally, as a boy, because of family influences, and then grew to love the chutzpah of the club, its football playing style and the sheer joyous exhilaration and exaltation of my fabulous team winning games and collecting trophies!!

I am quite sure I did not sign up to worry about the financial worth of the club’s wealthy shareholders!

Do you know what — writing this article has been catharctic, and I am beginning to come to my senses and realize that Arsenal are never going to go bust — ever — and my real and only sustainable love is for Arsenal my club, and the Arsenal team’s success — and as for Stan and his sustainable entrepreneurial investment – not so much!!

I know there is an understandable feeling among many loyal, long term supporters to continue with the “Arsenal” way of doing things, and they are entitled to think that way, and to eschew the introduction of ‘obscene’ wealth into the club. However, so too are the other equally loyal Arsenal fans who see the “Arsenal” way of doing things as an ephemeral and esoteric concept, and simply want to see their club competing and winning on a level financial playing field.

Now, stripped down to its basics, we are faced with answering the following question;

Do you want Arsenal to compete successfully with the ever expanding list of ‘rich’ clubs on a level playing field, or do you want to subscribe to a beautiful accounting concept that mainly benefits the incumbent shareholders and perhaps never win anything?

For me the jury is still out – but I am wavering, whereas in the past I was totally in the pro sustainable model camp.

What we, as fans think, is moot in truth, especially if the financial takeovers of more clubs carry on at the current rate, I think the decision will be taken by Stan to take his substantial profit and run — just like all the previous shareholders have done!

Written by Red Arse


Let’s Get Bendy.

July 7, 2012

Now what I mean by “bendy” is “rubbery”, “elastic” or “flexible”.

You see, shit happens. Last term, we had Santos/Gibbs at LB, Verm, Kos, JD and Mert for the two CB slots and Sagna/Jenks at RB. And yet, within seven minutes of the season kicking off, we had the Assistant Groundsman at RB.

Also, I’m convinced Arteta was bought as a Nasri/Cesc AM replacement. He moved further back, and what a revelation he was.

A few days ago, I was going to ask everyone here to be Manager for a moment and list their starting elevens for the first game and also to layout the formations. There would not have been many alike.

Yesterday, LB suggested as a “maybe” a back four of Verm, Kos, Mert and Sagna. It works, as does a three of Verm, Mert and Kos, or Santos, Verm, Mert and Jenks. And, and, and….

Ah ha, the midfield three. Oh heck. How about Song as a lone DM with Diaby and Ox in front. Arteta and Song deep with Rosicky ahead. Hey, did you see Italy? What was Pirlo doing that Jack could not?

And up top. Oh jeepers. Most appear to have Pod on the left with Giroud in the middle. Really? Ever seen Pod beating the RB for speed and putting in the perfect cross. I haven’t. On the other hand, I have watched him banging them in time and time again for a very poor team. Guess what, in virtually every clip he comes from central or from the right!

Now consider my opening gambit of our defensive injury woes of last season. Well, we are not alone. City had FB issues and Utd CB problems. In other words, many elastic line ups should allow us the options of exploiting the opposition weaknesses.

Say we are playing against a third choice stick insect of a right back. By all means release the muscle boy from Germany down the left. If on the other hand their third choice RB is built like Sonny Liston and has the turn of speed of a JCB, play Gerv.

The single most important aspect is that all eleven are fully committed to the cause, and that quality abounds throughout the squad.

I still think Nasri was right when he implied that were it true that he was simply picking up the weekly package at Arsenal, then he would not have been alone.

The way I see things right now is that the dutch bloke will be flogged, and what we get for him will have paid for Giroud and Podolski. Let’s off load a few more. Bring in some more quality and away we go.

Finally, to put some cash where my mouth is, I have a brilliant idea. For two sodding years I’ve been saying “Get Vertonghen”. There is no bendier player than he. 6’2”, fast, strong, great feet, great in the air, Verm type piledriver of a shot and can play anywhere across the back, as DM, and almost certainly in goal as well!

Oh, and yes, let’s take a punt on Oscar. Just to add a sprinkling of Brazilian magic dust. Not forgetting of course, that those cretins from down the road are rumoured to be after both, and this Arsenal thing in our lives is about having some fun after all.

Written by MickyDidIt89


Wenger Changes Direction Again.

July 6, 2012

A provocative headline designed to grab your attention? Yes, guilty but I believe there is a quite a lot of truth in it.

The change of direction that I am talking about is reflected in the kind of player that Podolski and Giroud are. These footballers are big powerful no nonsense types, they signal a change in style, perhaps even a return to the days when Arsenal fielded big strong powerful teams which included the likes of Vieira, Petit, Adams, Bould and Campbell; when those players took to the field the opposition were scared. What Podolski and Giroud are definitely not is a continuation of Arshavin, Nasri and Fàbregas; for example, the super skilful diminutive types which to me is vital clue that indicates the change in direction that I refer to above.

If you think you are upset about not winning a trophy in the last seven years I am prepared to bet it is only a fraction of the pain that Wenger feels about that statistic.

Personally I think we were unlucky, the Fàbregas era was worthy of a title or two but equally I can see the argument that the league title does not lie and the fact remains that that experiment did not work and a new way must be found. The reason I can see this side of the argument is that I do not believe that even the most accomplished proponents of the super quick passing game, no other than Barcelona would win the EPL year in and year out. The Catalans never seem to come up against teams in La Liga prepared to play with ten men behind the ball. I remember reading an interview with Cesc saying that that approach would not be tolerated by any team in Spain regardless of the relegation implications – Barcelona meet Sam Allardyce and there are plenty more, as we all know, of his ilk.

Passenal has not worked trophy wise, although, entertainment wise it has been a dream for a season ticket holder like myself but I accept it might be time for a bit of silverware to take up some space in the still bare Emirates trophy cabinet.

I am going to do something now that I have criticised many in the past for doing and that is sing the praises of manu so if you want to get your own back go ahead. The reason in my mind as to why manu kept on winning as much as they did with what seemed like an average team at times was because they had a good balance between power and skill. That’s enough praise, they are now on a down hill trajectory. The reasons are fairly obvious; they have an aging team and the manager does not know which way to turn. They are, in short, where we were a few years ago. There are a couple a key clues that back this up. If Rooney came on the market now do you think he would go to manu or City? When was the last time we could say at this point in the transfer window that we were happier with our signings than we would have been with manu’s? Would you prefer Kagawa and Powell or Podolski and Giroud?

We are coming out of that dip because Wenger has found a way to operate amongst the two obvious financial heavy weights: Chelsea and City. Ferguson on the other hand looks like a spent force; he doesn’t know which way to turn now that he no longer has the financial muscle to buy the top players in the EPL.

Manu we have you in our sights.

Next season’s Arsenal line up is going to be different: for the first time, in a long time we will be starting a new EPL season with power and strength as our main weapons.

————-Szczesny

Sagna, BFG, Koscielny, Vermaelen.

——-Song, Diaby, Arteta.

——The Ox, Giroud, Podolski.

This is not the team I expect to line up for the first game of the season but it could be.

And if it is, the message to any opposition will be – Be afraid, be very afraid.

Written by LB