The Kroenke Problem

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Re: The Kroenke Problem

Postby EliteKiller » Fri Oct 08, 2021 2:16 am

Highbury Hillbilly wrote:
EliteKiller wrote:
swipe right wrote:Saudi’s about to take over Newcastle. 300 mil to Ashley, billion dollars in investment trust, 250 mil on players to start with. Heavyweight manager, director of football and chief executive to come in. Here we go.


Go where? FFP means they can't simply spend 250m on new players until they increase revenue by 250m - that's not happening in a Covid pandemic - they can rebuild the ground and training facilities with as much cash as they want, and indeed they can get their 'chums' to place massive sponsorship deals Man City style, but until that new income actually arrives they can't simply spend unlimited cash on players, however much they put into Newcastle's bank account ....


These are pure technicalities that the FA and PL will be happy to let slide. Just like they when they signed off on Newcastle's owners being a "consortium" and the not the Kingdom itself. *Wink*


Not quite accurate .... FFP in the EPL allows a club to make a maximum 105m loss over any three years, this can't be hidden as all clubs now need to file complete accounts .... you can't just 'let that slide' it needs all the other clubs in the EPL to agree, can you see that happening?

Newcastle have actually made a profit (80m) in their last two accounting years, primarily because Ashley has spent bugger all, that means that the new owners can spend that 80m plus an additional 105m of cash in this financial year, in total a net transfer spend of 185m ... that's only 50m more than we spent in the last twelve months,.

Sure over the next few years they can increase sponsorship by 10's of millions which will all be available to spend ... but that takes time, it took City four years and as we now know they broke all the rules ... it won't be that easy for Newcastle.

City spent 1.1 billion to build a squad when transfer fees were a lot lower than they are now - there's no way the EPL clubs will allow Newcastle to do the same in one season, at least you would hope not .... guess we will soon find out.

The can use the "Spurs Scam" and buy all their players on loan with future staged payments thus spreading any losses over several years, but that requires a motivated seller and only works for 2nd tier players, for the quality players they will want that simply isn't likely to be an option.
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Re: The Kroenke Problem

Postby Ach » Mon Oct 18, 2021 9:18 pm

Do your bloody job and sack arteta
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Re: The Kroenke Problem

Postby Hypergooner » Tue Oct 19, 2021 9:12 pm

EliteKiller wrote:
Highbury Hillbilly wrote:
EliteKiller wrote:
swipe right wrote:Saudi’s about to take over Newcastle. 300 mil to Ashley, billion dollars in investment trust, 250 mil on players to start with. Heavyweight manager, director of football and chief executive to come in. Here we go.


Go where? FFP means they can't simply spend 250m on new players until they increase revenue by 250m - that's not happening in a Covid pandemic - they can rebuild the ground and training facilities with as much cash as they want, and indeed they can get their 'chums' to place massive sponsorship deals Man City style, but until that new income actually arrives they can't simply spend unlimited cash on players, however much they put into Newcastle's bank account ....


These are pure technicalities that the FA and PL will be happy to let slide. Just like they when they signed off on Newcastle's owners being a "consortium" and the not the Kingdom itself. *Wink*


Not quite accurate .... FFP in the EPL allows a club to make a maximum 105m loss over any three years, this can't be hidden as all clubs now need to file complete accounts .... you can't just 'let that slide' it needs all the other clubs in the EPL to agree, can you see that happening?

Newcastle have actually made a profit (80m) in their last two accounting years, primarily because Ashley has spent bugger all, that means that the new owners can spend that 80m plus an additional 105m of cash in this financial year, in total a net transfer spend of 185m ... that's only 50m more than we spent in the last twelve months,.

Sure over the next few years they can increase sponsorship by 10's of millions which will all be available to spend ... but that takes time, it took City four years and as we now know they broke all the rules ... it won't be that easy for Newcastle.

City spent 1.1 billion to build a squad when transfer fees were a lot lower than they are now - there's no way the EPL clubs will allow Newcastle to do the same in one season, at least you would hope not .... guess we will soon find out.

The can use the "Spurs Scam" and buy all their players on loan with future staged payments thus spreading any losses over several years, but that requires a motivated seller and only works for 2nd tier players, for the quality players they will want that simply isn't likely to be an option.


So what happens if they just spend £500m and say what you going to do about it?
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Re: The Kroenke Problem

Postby TedLasso » Wed Oct 27, 2021 11:38 pm

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Re: The Kroenke Problem

Postby jayramfootball » Thu Oct 28, 2021 7:19 am

Hypergooner wrote:
EliteKiller wrote:
Highbury Hillbilly wrote:
EliteKiller wrote:
swipe right wrote:Saudi’s about to take over Newcastle. 300 mil to Ashley, billion dollars in investment trust, 250 mil on players to start with. Heavyweight manager, director of football and chief executive to come in. Here we go.


Go where? FFP means they can't simply spend 250m on new players until they increase revenue by 250m - that's not happening in a Covid pandemic - they can rebuild the ground and training facilities with as much cash as they want, and indeed they can get their 'chums' to place massive sponsorship deals Man City style, but until that new income actually arrives they can't simply spend unlimited cash on players, however much they put into Newcastle's bank account ....


These are pure technicalities that the FA and PL will be happy to let slide. Just like they when they signed off on Newcastle's owners being a "consortium" and the not the Kingdom itself. *Wink*


Not quite accurate .... FFP in the EPL allows a club to make a maximum 105m loss over any three years, this can't be hidden as all clubs now need to file complete accounts .... you can't just 'let that slide' it needs all the other clubs in the EPL to agree, can you see that happening?

Newcastle have actually made a profit (80m) in their last two accounting years, primarily because Ashley has spent bugger all, that means that the new owners can spend that 80m plus an additional 105m of cash in this financial year, in total a net transfer spend of 185m ... that's only 50m more than we spent in the last twelve months,.

Sure over the next few years they can increase sponsorship by 10's of millions which will all be available to spend ... but that takes time, it took City four years and as we now know they broke all the rules ... it won't be that easy for Newcastle.

City spent 1.1 billion to build a squad when transfer fees were a lot lower than they are now - there's no way the EPL clubs will allow Newcastle to do the same in one season, at least you would hope not .... guess we will soon find out.

The can use the "Spurs Scam" and buy all their players on loan with future staged payments thus spreading any losses over several years, but that requires a motivated seller and only works for 2nd tier players, for the quality players they will want that simply isn't likely to be an option.


So what happens if they just spend £500m and say what you going to do about it?


Nothing. As long as a few people get a nice back hander, like I suspect they did to approve the ownership in the first place.
A new gravy train is in town.
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Re: The Kroenke Problem

Postby Nuggets » Thu Oct 28, 2021 8:19 am

One of the problems I have with the Kroenke's is them not sacking this clown of a manager and getting a proper manager in, they are spending the money on players with a clown managing them.
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Re: The Kroenke Problem

Postby Ach » Sun Nov 07, 2021 11:53 pm

Arsenal director Josh Kroenke has said the club are not for sale despite a £1.8 billion bid from Spotify founder Daniel Ek.

Gunners fans have grown frustrated under the Kroenke family's ownership in recent years, and were particularly bothered by the club's attempted entrance into the Super Leauge earlier this year.

"We get bids for the club all the time, from many different parties around the world and that speaks to the strength of the Arsenal," Kroenke told Sky Sports.

"It's a wonderful institution, Arsenal Football Club is a global brand and my only response to anything is the club is not for sale, we're just getting started.



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Re: The Kroenke Problem

Postby Arsenal Tone » Mon Nov 08, 2021 1:10 am

Ramsdale/???
Tomiyasu/???--White/Saliba--Gabriel/???--Tierney/Tavares
Partey/Sambi--???/???
Saka/Pepe--Odegaard/ESR--Smith Rowe/Martinelli
???/???
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Re: The Kroenke Problem

Postby swipe right » Tue Nov 09, 2021 4:32 am

Rams owner Stan Kroenke backing away from financial obligations
https://youtu.be/prhwgV8nUAw

Kroenke may have to pay the NFL up to $1Bn.

Also, enjoy hearing two American commentators struggle to figure out what the word “indemnity” means.
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Re: The Kroenke Problem

Postby LMAO » Tue Nov 09, 2021 7:30 am

C'mon KIA!

Oil is above $80/barrel and demand is through the roof. Make that cash rain on us.
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Re: The Kroenke Problem

Postby jayramfootball » Tue Nov 09, 2021 8:58 am

Arsenal Tone wrote:https://youtu.be/xVza4WQlmpc


Good interview actually.
Like I said before, outside the Super League mistake, which was a dumb one for sure, the Kroenkes have been pretty good owners.
I much prefer them to the prospect of Ek.
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Re: The Kroenke Problem

Postby swipe right » Tue Nov 09, 2021 3:08 pm

jayramfootball wrote:
Arsenal Tone wrote:https://youtu.be/xVza4WQlmpc


Good interview actually.
Like I said before, outside the Super League mistake, which was a dumb one for sure, the Kroenkes have been pretty good owners.
I much prefer them to the prospect of Ek.

It’s not an interview. It’s a softball PR effort. An interview is going in front of Simon Jordan and facing the hair dryer. Not this puff piece.
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Re: The Kroenke Problem

Postby jayramfootball » Tue Nov 09, 2021 3:17 pm

swipe right wrote:
jayramfootball wrote:
Arsenal Tone wrote:https://youtu.be/xVza4WQlmpc


Good interview actually.
Like I said before, outside the Super League mistake, which was a dumb one for sure, the Kroenkes have been pretty good owners.
I much prefer them to the prospect of Ek.

It’s not an interview. It’s a softball PR effort. An interview is going in front of Simon Jordan and facing the hair dryer. Not this puff piece.


I think he nailed the key issue and it's good to hear that recognised by not just Josh Kroneke but also Arteta in an earlier interview. The club is pulling the in the right direction, together. In addition, the Kroenke's have consistently invested money, so other that the SL rubbish, I really don't know how they can be criticised. Good owners IMO.
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Re: The Kroenke Problem

Postby swipe right » Tue Nov 09, 2021 3:22 pm

jayramfootball wrote:
swipe right wrote:
jayramfootball wrote:
Arsenal Tone wrote:https://youtu.be/xVza4WQlmpc


Good interview actually.
Like I said before, outside the Super League mistake, which was a dumb one for sure, the Kroenkes have been pretty good owners.
I much prefer them to the prospect of Ek.

It’s not an interview. It’s a softball PR effort. An interview is going in front of Simon Jordan and facing the hair dryer. Not this puff piece.


I think he nailed the key issue and it's good to hear that recognised by not just Josh Kroneke but also Arteta in an earlier interview. The club is pulling the in the right direction, together. In addition, the Kroenke's have consistently invested money, so other that the SL rubbish, I really don't know how they can be criticised. Good owners IMO.

They’ve been our owners for over 13 years, Jay. 13 years of underperformance. You really care what they say now?
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Re: The Kroenke Problem

Postby Hypergooner » Sat Nov 13, 2021 6:16 am

swipe right wrote:
jayramfootball wrote:
swipe right wrote:
jayramfootball wrote:
Arsenal Tone wrote:https://youtu.be/xVza4WQlmpc


Good interview actually.
Like I said before, outside the Super League mistake, which was a dumb one for sure, the Kroenkes have been pretty good owners.
I much prefer them to the prospect of Ek.

It’s not an interview. It’s a softball PR effort. An interview is going in front of Simon Jordan and facing the hair dryer. Not this puff piece.


I think he nailed the key issue and it's good to hear that recognised by not just Josh Kroneke but also Arteta in an earlier interview. The club is pulling the in the right direction, together. In addition, the Kroenke's have consistently invested money, so other that the SL rubbish, I really don't know how they can be criticised. Good owners IMO.

They’ve been our owners for over 13 years, Jay. 13 years of underperformance. You really care what they say now?


According to young Josh, they have only really owned the club since 2018. In that time have spent around £450 and won an FA cup. Can't knock that!
We can knock the seemingly poor decisions in recruitment but we may have turned a corner with that.
Invincibility lies in the defence; the possibility of victory in the attack.

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