Leody wrote:Est83 wrote:I like the fact that we're self-sufficient. We're a rarity in the Prem, a bunch of f**king odd-balls just because we operate at a profit... any other league and we would be commended!!!
The debt/s is/are soon to be cleared, we can judge the board/manager after that. The shackles will be off!
They'll find another excuse to "shackle" themselves. The debt isn't as big a problem as they make it out to be. A couple of years ago they over paid on it by something around £100m, what if they had used a bit of that on improving the squad?
Without going into too much financial jargon, when you pay of debt early to save let's say 8% interest (made up number) you're saying to the world, I'm not able to find anything that I could do with this money to improve my business and get better than an 8% return. IMO, that's a very poor indication of the quality of business man that's running Arsenal.
Nothing wrong with paying off debt early. This flawed philosophy of managing debt is what has got the world into the situation it now finds itself in. You fool yourself into thinking you can handle the debt if you increased your spend "by a teeeeny bit more" then eventually you end up with your house taken away from you.
However, I agree we can afford to spend an allocation of transfer funds received but, many folk here won't be satisfied until we break the bank on the likes of Cavani, Gotze, Falcao, etc etc, spending big money on 5 areas of need. They forget these players come with hefty wage bills and if you think it can be done on £100m I suggest you think again.
Remember, to do away with the current sh*tty wage structure cannot be done overnight.
Wenger either needs to admit paying yound uproven players is flawed or someone has to have the balls to tell him that. I think that man is David Dein.
But again it was Wenger who said there's no way we can spend £30-40m+ on players and expect they will be happy with the wages we offer (the only exception being Mata). That's common sense to me.
Gunn says he doesn't want Usmanov, I say we don't need his money, but if he can put pressure on the current regime to rethink how we structure
income & expenditure then that wouldn't be a bad thing.
If we have £60-80m available for transfer fees and wages then we should be able to work with that. It won't get us the creme de la creme player some folk here demand we have but, it will get us a few very good buys to fit within the wage structure we have in place.
