Potential Super League

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Would you like to see a European super league?

Yes
6
8%
No
65
92%
 
Total votes : 71

Re: Potential Super League

Postby theHotHead » Thu Apr 29, 2021 6:39 pm

Paddy wrote:
theHotHead wrote:
Paddy wrote:
theHotHead wrote:
Paddy wrote:
he did not pay off the debt. he provided the money to cover the bonds.

we redeemed the bonds thanks to kroenke's loan. we now owe the money to KSE instead of external bondholders.

in other words he restructured the debt. he did not pay anything off. we now have to pay him back with an unspecified interest rate.

in fact, we had to pay a penalty for repaying early as it was due to run until 2031.

dont get into a debate you have no clue about.

Paid off the debt/restructured the debt, who gives a shit, he still paid £140m doing it!

https://arseblog.news/2020/07/report-kroenke-restructures-arsenal-debt-to-ease-short-term-financial-pressure/

I will make you look silly every day of the week.


that article literally says we still have the pay the debt off as all he did was borrow money to restructure it and owe the money to himself you absolute moron :rofll:

I see you missed the bit where he paid £140m for the privilege of restructuring the debt. Yes, we still have to pay him back but he took his money and paid off other lenders, to give us improved rates. I guess reading comprehension is not your strong point - But I am the moron ??



we restructured by taking a loan from KSE. the debt is still there. it hasnt gone anywhere, its just been restructured therefore it is still against arsenal football club. in fact, we paid a 40m penalty for repaying early.

if the debt had gone we could all give stan a round of applause for paying it off. but it hasnt. its still there.

i know its hard to get your little head around but it'll make sense eventually. read over it a few times.

Are you blind, stupid or blind AND stupid ?!!! Taken from the link that I posted:
From what the AST can tell, Kroenke has decided to pay off the outstanding money. In doing so before the terms of the original agreement (2029 and 2031) he’ll also have to cover an additional £40 million penalty.

So who is this "we" that paid a £40m penalty ? The article clearly states "he will have to cover an additional £40m penalty".

Now lets move onto your ability to comprehend. You took out a payday loan of £1000 at a high interest rate, I paid off that £1000 for you and said you can pay me back at a much lower interest rate, which means you get more money back in your pocket and I eventually get paid the money I lent you - plus some interest. That is the debt restructuring that Kroenke did, he still had to shell out £140m of his own money to pay off the debtors plus a £40M penalty. Now, he may pass the £40m penalty on to Arsenal but the article doesn't say that, but either way he has had to fork out £180m of his money to help ease Arsenal's debt.

I won't be surprised if you still don't understand this, but hope springs eternal ......
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Re: Potential Super League

Postby theHotHead » Thu Apr 29, 2021 6:43 pm

Özim wrote:
jayramfootball wrote:
Özim wrote:I mean whether we owe KSE or the bank it’s still a debt, so I’m not sure how that’s Kroenke putting in money.

He’s a terrible owner, I personally don’t see any reason to still want him around, it’s the same argument as keeping Arteta around, Kroenke is one of the worst owners period, he’s really invested very little into Arsenal other than what he put in to buy the club (it was pretty much risk free and he’d get it back anyway and more if he sold the club).

As an owner like this, if you’re club is struggling (during the pandemic) you should put some money in to help out, not just watch as people are made redundant, he’s worth billions after all.

Abramovic has done wonders at Chelsea, loves foot ball and in my opinion is a million times a better owner than Kroenke and cares about Chelsea a million times more as well.

That’s much more desirable than an stay away owner with no interest in football to me, it also makes for a far better setup for success, Abramovic doesn’t just sit there and watch his club failing like Kroenke does, he does something about it.

If Chelsea had employed Arteta (they wouldn’t) he’d have been sacked, only at Arsenal do people say he’s on trig right track when he’s sitting 10th, it’s a joke tbh.


Over the last 5 years since Kroenke took over the club 100%, Arsenal have the 3rd highest net spend on players in the PL. Much more than Chelsea (even taking into account their 2 window ban). Kroenke authorised that. All the money and assets of Arsenal football club belong to him 100%.

Spending on players has not been an issue at all (even if the money didn't come out of Kroenke's current account :rofll: )

Now, that does not mean Kroenke is a good owner. He's not. It's just that he is above criticism on the amount of money he spends - to all but the most uninformed or idiotic fan.

The issue remains with Kroenke that he is absent and has hired a bunch of idiots to manage the club in his absence (the obvious example is paying 73m for Pepe. WTF???), PLUS his first thought seems to be how he can make money instead of how Arsenal can compete for the league title.


Part of that is he’s employed people who has allowed assets to walk away for next to nothing, thanks to that we’ve had to spend what we have, that’s on him.

Had we been smarter we’d have had more, Chelsea have sold players including Hazard for up to 146 million euros, that makes a big difference.

The way I see it it’s thanks to Kroenke we are in the position we’re in, he brought in people who weren’t good enough and was so disinterested he didn’t even watch them lose lots of money we could have spent, so I’m not grateful for him letting us spend what the club earnt, he caused it through lack of interest and very poor decision making.

At the end of the day the guy doesn’t really care, he knows he can get his money back and more (he doesn’t need it though), it now seems to be his sons little play thing and I guess it gives him some sense of importance and something to talk about with people, I’ve never come across such a disinterested owner, to the point that he’s not even been that interested when the club is losing money.

It took the pandemic to get him to look at the finances it seems and then it was decided that we should get rid of the little guy, how honourable.

I’ll say this for Abramovic, he never made anyone redundant and has backed the club 100%, he also is there watching matches as a fan and clearly really love football (and the club now) and that’s a good thing for an owner IMO.

He’s also turned Chelsea into a powerhouse go challenge for the big prizes, Kroenke has turned us into midtable nobodies.

But Ozim thats not what this part of he discussion has been about, its been about Kroenke not spending money. It is totally untrue that he has not, money spent is not our issue, how the club is being run is the issue, but thats not what we are discussing.
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Re: Potential Super League

Postby Paddy » Thu Apr 29, 2021 6:47 pm

theHotHead wrote:
Paddy wrote:
theHotHead wrote:
Paddy wrote:
theHotHead wrote:
Paddy wrote:
he did not pay off the debt. he provided the money to cover the bonds.

we redeemed the bonds thanks to kroenke's loan. we now owe the money to KSE instead of external bondholders.

in other words he restructured the debt. he did not pay anything off. we now have to pay him back with an unspecified interest rate.

in fact, we had to pay a penalty for repaying early as it was due to run until 2031.

dont get into a debate you have no clue about.

Paid off the debt/restructured the debt, who gives a shit, he still paid £140m doing it!

https://arseblog.news/2020/07/report-kroenke-restructures-arsenal-debt-to-ease-short-term-financial-pressure/

I will make you look silly every day of the week.


that article literally says we still have the pay the debt off as all he did was borrow money to restructure it and owe the money to himself you absolute moron :rofll:

I see you missed the bit where he paid £140m for the privilege of restructuring the debt. Yes, we still have to pay him back but he took his money and paid off other lenders, to give us improved rates. I guess reading comprehension is not your strong point - But I am the moron ??



we restructured by taking a loan from KSE. the debt is still there. it hasnt gone anywhere, its just been restructured therefore it is still against arsenal football club. in fact, we paid a 40m penalty for repaying early.

if the debt had gone we could all give stan a round of applause for paying it off. but it hasnt. its still there.

i know its hard to get your little head around but it'll make sense eventually. read over it a few times.

Are you blind, stupid or blind AND stupid ?!!! Taken from the link that I posted:
From what the AST can tell, Kroenke has decided to pay off the outstanding money. In doing so before the terms of the original agreement (2029 and 2031) he’ll also have to cover an additional £40 million penalty.

So who is this "we" that paid a £40m penalty ? The article clearly states "he will have to cover an additional £40m penalty".

Now lets move onto your ability to comprehend. You took out a payday loan of £1000 at a high interest rate, I paid off that £1000 for you and said you can pay me back at a much lower interest rate, which means you get more money back in your pocket and I eventually get paid the money I lent you - plus some interest. That is the debt restructuring that Kroenke did, he still had to shell out £140m of his own money to pay off the debtors plus a £40M penalty. Now, he may pass the £40m penalty on to Arsenal but the article doesn't say that, but either way he has had to fork out £180m of his money to help ease Arsenal's debt.

I won't be surprised if you still don't understand this, but hope springs eternal ......


from the link:

However, and we can’t stress this enough, Arsenal will still have to pay off this outstanding debt.

Why? Because Kroenke himself is borrowing money to cover his Arsenal commitment.


i win again.

this is too easy.
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Re: Potential Super League

Postby jayramfootball » Thu Apr 29, 2021 7:01 pm

Never has the Monty Python Black Knight scene been more apt - Paddy is the quintessential Black Knight.

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Re: Potential Super League

Postby Phil71 » Fri Apr 30, 2021 2:28 pm

Sir Trollalot
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Re: Potential Super League

Postby Paddy » Fri Apr 30, 2021 2:48 pm

you know youve lost when you start name calling


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Re: Potential Super League

Postby jayramfootball » Fri Apr 30, 2021 3:22 pm

Phil71 wrote:Sir Trollalot


:rofll:
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Re: Potential Super League

Postby Zenith » Fri May 07, 2021 5:17 pm

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Re: Potential Super League

Postby DiamondGooner » Fri May 07, 2021 7:55 pm

Looks like we got smacked around by UEFA and have accepted the fines.

Great week for Kroenke all round.

He's lost millions lol.

https://arseblog.news/2021/05/arsenal-a ... er-league/
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Re: Potential Super League

Postby jayramfootball » Fri May 07, 2021 10:30 pm

DiamondGooner wrote:Looks like we got smacked around by UEFA and have accepted the fines.

Great week for Kroenke all round.

He's lost millions lol.

https://arseblog.news/2021/05/arsenal-a ... er-league/


We're lucky - that is not that bad of a punishment.
Something else - there might be 3 extra CL places up for grabs next season, which would open up EL places too.
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Re: Potential Super League

Postby Paddy » Sat May 08, 2021 6:56 am

@1walid1: People on here are losing it because AST didn’t ask KSE about squad investment. They haven’t put a single penny of their money in. We know where they stand on the issue.


I was right again.

Me :hail:
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Re: Potential Super League

Postby Santi » Sat May 08, 2021 9:31 am

Statement from Madrid, Barca and Juve is out, pretty well framed tbh.

https://www.skysports.com/share/12300195
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Re: Potential Super League

Postby DiamondGooner » Sat May 08, 2021 12:08 pm

Santi wrote:Statement from Madrid, Barca and Juve is out, pretty well framed tbh.

https://www.skysports.com/share/12300195


If UEFA are smart, they'll attack now while the 3 clubs are isolated and on the ropes.

The fact that they're still refusing to back down even though they've had the rug pulled from under them and lost all support just show's how they need to be treated.

Fine them, block them from the CL league for next year or every year until they sign the same capitulation agreement everyone else has, this will start turning the fans on their own clubs once they realise what being frozen out looks like.
Put Atletico, Sevilla, Villarreal and Real Socieodad into the CL so they can see other Spanish clubs pass them by.

There's no better time to get them now, grind them into dust, hurt their brand, and do it now before they enlist other clubs again.
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Re: Potential Super League

Postby jayramfootball » Sat May 08, 2021 1:34 pm

OK, so lets say they are banned from UEFA competitions - I wonder where the 3 extra places in the European competitions will go to.
Will it be 2 to Spain and 1 to Italy? Or could we get another place from the Premier League?
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Re: Potential Super League

Postby Royal Gooner » Sat May 08, 2021 4:27 pm

jayramfootball wrote:OK, so lets say they are banned from UEFA competitions - I wonder where the 3 extra places in the European competitions will go to.
Will it be 2 to Spain and 1 to Italy? Or could we get another place from the Premier League?


It'll just be the same as it usually is for clubs banned/ineligible, it goes to the next eligible club in the league. Essentially they just pretend that club never existed for qualification purposes
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