New global corp sponsor revealed Sept 18th!!

[Lecter]

Its always been like that mate. All clubs operate in that way. They look at the combined wage/transfer budget for the year, and what is not spend on wages can be put in to a transfer kitty and you can put unused wages in to transfers and that way have more room to manoeuvre.

This has nothing to do with the americans - its the way its done...

We renew contracts every year but it hasnt stopped us spending at least £15 million NETT for the last 5 or 6 years until the last 12months when we have broken even in the market

To me theres lots of questions to be asked about where is the money going

Remember this is a company who according to its own accounts made £10 million profit (July 2008 accounts) whilst spending £15 million NETT in the transfer market

Since then our TV revenue over the last 12 months has reportedly increased by £10 million per annum, weve got in a couple of minor endorsements

Remember we've also seen players such as Hyypia, Alonso and Arbeloa leave in addition to bringing in Aquilani & Johnson and contract renewals

We've broken even in terms of transfer deals

Do you think we have spent £25-35 million solely on contract renewals??

Remember also wages would be spread over the length of the contract so any wage increases would be paid over a number of years

I just find it hard to believe when Purslow states we've spent £20 million NETT when the figures just dont add up to anywhere near that imo

Then he comes up with the above comment about that I highlighted to me it sets off alarm bells ringing and is a clear warning of some lean times in the transfer market

I hope I am wrong but I dont believe I will be

[Daniel mote]

We renew contracts every year but it hasnt stopped us spending at least £15 million NETT for the last 5 or 6 years until the last 12months when we have broken even in the market

To me theres lots of questions to be asked about where is the money going

Remember this is a company who according to its own accounts made £10 million profit (July 2008 accounts) whilst spending £15 million NETT in the transfer market

Since then our TV revenue over the last 12 months has reportedly increased by £10 million per annum, weve got in a couple of minor endorsements

Remember we've also seen players such as Hyypia, Alonso and Arbeloa leave in addition to bringing in Aquilani & Johnson and contract renewals

We've broken even in terms of transfer deals

Do you think we have spent £25-35 million solely on contract renewals??

Remember also wages would be spread over the length of the contract so any wage increases would be paid over a number of years

I just find it hard to believe when Purslow states we've spent £20 million NETT when the figures just dont add up to anywhere near that imo

Then he comes up with the above comment about that I highlighted to me it sets off alarm bells ringing and is a clear warning of some lean times in the transfer market

I hope I am wrong but I dont believe I will be

[-V-]

Maybe, just maybe we needed to hold our spending for this summer to bring out house into order and stabilise our finances.
Its no secret that the bank wanted our debt reduced and to recoup some of the loss but maybe the club needed to hold onto cash this summer in order to stabilise our cashflow and give us a good day-to-day liquidity situation for the coming year.

The timing is not great and we would have prefered to steal a march on our rivals by pumping more cash into the team but maybe this sacrifice had to be made for the sake of the clubs future

[Scratch]

We renew contracts every year but it hasnt stopped us spending at least £15 million NETT for the last 5 or 6 years until the last 12months when we have broken even in the market

To me theres lots of questions to be asked about where is the money going

Remember this is a company who according to its own accounts made £10 million profit (July 2008 accounts) whilst spending £15 million NETT in the transfer market

Since then our TV revenue over the last 12 months has reportedly increased by £10 million per annum, weve got in a couple of minor endorsements

Remember we've also seen players such as Hyypia, Alonso and Arbeloa leave in addition to bringing in Aquilani & Johnson and contract renewals

We've broken even in terms of transfer deals

Do you think we have spent £25-35 million solely on contract renewals??

Remember also wages would be spread over the length of the contract so any wage increases would be paid over a number of years

I just find it hard to believe when Purslow states we've spent £20 million NETT when the figures just dont add up to anywhere near that imo

Then he comes up with the above comment about that I highlighted to me it sets off alarm bells ringing and is a clear warning of some lean times in the transfer market

I hope I am wrong but I dont believe I will be

Could it be that in the last 5-6 years we have been running at a loss, transfer wise, spending the money that we don't have, and now the yanks are stopping this, in line with the guidelines that the PL want to introduce next year with regards to clubs transfer debts and dealings?

[dom9]

James P and Lector- Good posts.

Ofcourse we would have been in a much worse position had Moores stuck around and not sold but as fans we will never be satisfied until we have success. Stability and success

Personally, I think this standard chartered deal has to be the first of a few. They may be our biggest corporate partner now but I would be surprised if we were not signing more smaller deals with other big companies for other types of sponsorship.

That's already happened with the likes of Thomas Cook, and the online betting company. Carlsberg should follow suit too.

[Lecter]

Could it be that in the last 5-6 years we have been running at a loss, transfer wise, spending the money that we don't have, and now the yanks are stopping this, in line with the guidelines that the PL want to introduce next year with regards to clubs transfer debts and dealings?

We made a £10 million PROFIT in 2008 and spent £15 million NETT and still renewed contracts. We also made a profit in the Champions League season of £7 million

We have spent zero this summer NETT

We have seen TV revenue increase by circa £10 million plus any minor endorsements we have achieved

Add that up thats £35 million minimum we should have but apparently we dont

If the Premier League (and for that matter UEFA saying clubs have to be debt free by 2012 unless its linked to tangible assetts like stadia etc) are serious about that statement then we are in big trouble because yes we have huge debts accumulated by the owners to pay for their purchase of the club

Either way we are in for lean times in the transfer market it appears

I will admit I'm anti the current ownership, I think at best their business plan was pretty high risk

Too many factors have gone against them imo and the rules changes proposed by UEFA & the Premier League only heap more problems on them

Unfortunately its the club that will suffer in the long term and not them

[James P]

That's already happened with the likes of Thomas Cook, and the online betting company. Carlsberg should follow suit too.

And my guess is that part of the stadium plans was to sell naming rights in order to cover a large proportion of the build costs. In the current environment, finding a company willing to do that, and with the cash to do it, is almost impossible.

[dom9]

And my guess is that part of the stadium plans was to sell naming rights in order to cover a large proportion of the build costs. In the current environment, finding a company willing to do that, and with the cash to do it, is almost impossible.

Emirates paid Arsenal £100m for shirt and stadium sponsorship for 10 years. That was the benchmark at the time.

Standard Chartered are paying £80m in a recession for shirt sponsorship only, for 4 years. Difficult to repeat, but not impossible.

[BigChief]

Well if we're going to have lean times then now is probably the best time. Rafa's stocked up on some potential youngsters and we have a fine young backbone to the first team (minus Carra and Gerrard obviously).

But above all, we're not the only ones who'll be frugal. Chelski's ban will help. And manure's vision of individual TV deals has taken a blow in the credit crisis. Arsenal too with their stadium. We might just come out the other side still in the top 4, maybe even as league winners with a little luck.

[Lecter]

Emirates paid Arsenal £100m for shirt and stadium sponsorship for 10 years. That was the benchmark at the time.

Standard Chartered are paying £80m in a recession for shirt sponsorship only, for 4 years. Difficult to repeat, but not impossible.

Think the Emirates / Arsenal deal was 15 years for the stadium and 8 years for the shirts (if I remember rightly)

I'd be surprised if we managed to get £100 million naming rights on the new stadium - extremely surprised in the current climate

That said hats off regarding the Standard Charter deal because it is top notch

[dom9]

Think the Emirates / Arsenal deal was 15 years for the stadium and 8 years for the shirts (if I remember rightly)

I'd be surprised if we managed to get £100 million naming rights on the new stadium - extremely surprised in the current climate

That said hats off regarding the Standard Charter deal because it is top notch

I think that is why the current deal is four years. Ties in with a possible completion date for the stadium (waits to be shot down in flames).

[Darkon]

We renew contracts every year but it hasnt stopped us spending at least £15 million NETT for the last 5 or 6 years until the last 12months when we have broken even in the market

To me theres lots of questions to be asked about where is the money going

Remember this is a company who according to its own accounts made £10 million profit (July 2008 accounts) whilst spending £15 million NETT in the transfer market

Since then our TV revenue over the last 12 months has reportedly increased by £10 million per annum, weve got in a couple of minor endorsements

Remember we've also seen players such as Hyypia, Alonso and Arbeloa leave in addition to bringing in Aquilani & Johnson and contract renewals

We've broken even in terms of transfer deals

Do you think we have spent £25-35 million solely on contract renewals??

Remember also wages would be spread over the length of the contract so any wage increases would be paid over a number of years

I just find it hard to believe when Purslow states we've spent £20 million NETT when the figures just dont add up to anywhere near that imo

Then he comes up with the above comment about that I highlighted to me it sets off alarm bells ringing and is a clear warning of some lean times in the transfer market

I hope I am wrong but I dont believe I will be

Well its a bit besides the point of the post you quote. I am not really defending that we are skint have had less to spend this year than earlier, just saying that you cant seperate the wage and transfer budget as you stated.

I don't know how much our renewls have cost, but they have taken up quite a bit I guess, but not enough to defend the low budget we had this year.

I would love to see us having more to spend, but its more important that we don't come out with a defecit. My guess is simply that the yanks have put a stop to us spending more than what we are financially capable of (which right now is pretty sad amount).

But in the long run I'd rather see the extra money we make spend on reducing the debts than on big player buys - and I think that it is partly what happened this year.

[Lecter]

Arsenal name new ground


Arsenal secure stadium cash
Arsenal have signed a £100m deal with Emirates Airlines, which will see their new 60,000-seater ground at Ashburton Grove named the Emirates Stadium.
The deal also sees Emirates become the Gunners' shirt sponsor for eight years - starting in 2006-07.

The stadium, which should open in the same season, will take on its new name for the next 15 years.

[dom9]

Out of interest, shouldn't this thread be moved out of the speculation forum?

[Roboklopp]

As far as I remember, there was an article in the Guardian a few years back saying that the Gooners factored in their wages with the transfer budget. was made out as an exception to the rules at the time, although it does make sense on a broader scale. It is quite easy to try to utilise the crossover to disguise the real figures, however.