Arsenal's Financial Situation

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Re: Arsenal's Financial Crisis

Postby theHotHead » Sat Jan 19, 2019 3:50 pm

Losmeister wrote:its hard for me to believe that people spend all this energy running their mouths about a topic that they simply dont know WTF they are talking about...

sport fans overrate thier own intelligence so grossly its embarassing...

"In the field of psychology, the Dunning–Kruger effect is a cognitive bias in which people of low ability have illusory superiority and mistakenly assess their cognitive ability as greater than it is. The cognitive bias of illusory superiority comes from the inability of low-ability people to recognize their lack of ability. Without the self-awareness of metacognition, low-ability people cannot objectively evaluate their competence or incompetence."

Im guessing the irony of your post is lost on you :dontknow:
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Re: Arsenal's Financial Crisis

Postby Luzh 22 » Sat Jan 19, 2019 4:27 pm

theHotHead wrote:
Losmeister wrote:its hard for me to believe that people spend all this energy running their mouths about a topic that they simply dont know WTF they are talking about...

sport fans overrate thier own intelligence so grossly its embarassing...

"In the field of psychology, the Dunning–Kruger effect is a cognitive bias in which people of low ability have illusory superiority and mistakenly assess their cognitive ability as greater than it is. The cognitive bias of illusory superiority comes from the inability of low-ability people to recognize their lack of ability. Without the self-awareness of metacognition, low-ability people cannot objectively evaluate their competence or incompetence."

Im guessing the irony of your post is lost on you :dontknow:


:lol:
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Re: Arsenal's Financial Crisis

Postby PairyGrows » Sat Jan 19, 2019 7:18 pm

EliteKiller wrote:For a club in a so called financial crisis we've still managed to invest (net spend) more on new players in the last five years than all but City, Utd and Chelsea ... we've even outspent Liverpool ....

Here's the latest figures from TransferLeague

https://www.transferleague.co.uk/premier-league-last-five-seasons/transfer-league-tables/premier-league-table-last-five-seasons


The financial crisis hasn't lasted for five years. It's only been a thing this season.
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Re: Arsenal's Financial Crisis

Postby PairyGrows » Thu Jan 24, 2019 6:49 am

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Re: Arsenal's Financial Crisis

Postby EliteKiller » Thu Jan 24, 2019 7:01 am

PairyGrows wrote:The financial crisis hasn't lasted for five years. It's only been a thing this season.


Really? Compare where we were revenue wise six years ago with where we are now ....

2012 - Utd top EPL club on 367m we were second on 251m Chelsea 249m Liverpool 203m Spuds 181m City 170m

2018 - Utd top EPL club on 590m City 504m Liverpool 455m Chelsea 448m we are now 4th on 389mSpuds 379m

Deloitte Money League 2018

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If anyone still doesn't believe that Gazidis and Wonger ran this club into the dirt ... then they are living in cloud cookoo land ...
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Re: Arsenal's Financial Crisis

Postby PairyGrows » Thu Jan 24, 2019 1:26 pm

While our revenue growth has stalled, the difference is that we were living within our means in 2012. The situation right now, however, is very different. We're paying wages we cannot afford because we're not playing in the Champions League.
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Re: Arsenal's Financial Crisis

Postby PairyGrows » Fri Feb 15, 2019 10:47 pm

It's eery how accurate AST's estimates of our financial position are to reality.

https://www.arsenaltrust.org/news/2017/ast-review-of-arsenals-financial-reports-for-201718
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Re: Arsenal's Financial Crisis

Postby CrimsonGunner11 » Sat Feb 16, 2019 3:19 pm

Is there any plans to quickly and significantly increase revenues? and if so, what is it/is it viable? and if not wth is Kroenke doing?

Someone credible needs to provide answers to these questions ASAP or we’ll continue to sink further into the abyss
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Re: Arsenal's Financial Crisis

Postby Zedie » Sat Feb 16, 2019 4:56 pm

CrimsonGunner11 wrote:Is there any plans to quickly and significantly increase revenues? and if so, what is it/is it viable? and if not wth is Kroenke doing?

Someone credible needs to provide answers to these questions ASAP or we’ll continue to sink further into the abyss


Get into champions league again on a tiny budget seems to be the main strategy.
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Re: Arsenal's Financial Crisis

Postby Royal Gooner » Sat Feb 16, 2019 8:13 pm

Zedie wrote:
CrimsonGunner11 wrote:Is there any plans to quickly and significantly increase revenues? and if so, what is it/is it viable? and if not wth is Kroenke doing?

Someone credible needs to provide answers to these questions ASAP or we’ll continue to sink further into the abyss


Get into champions league again on a tiny budget seems to be the main strategy.


That would be typical of Enos. He just wants to take money from us to fund his yankee football team.
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Re: Arsenal's Financial Crisis

Postby CrimsonGunner11 » Sat Feb 16, 2019 9:13 pm

Zedie wrote:
CrimsonGunner11 wrote:Is there any plans to quickly and significantly increase revenues? and if so, what is it/is it viable? and if not wth is Kroenke doing?

Someone credible needs to provide answers to these questions ASAP or we’ll continue to sink further into the abyss


Get into champions league again on a tiny budget seems to be the main strategy.


Well that strategy hasn’t been working so far and it currently feels like we’ll be entering another season without CL football.

And If we fail again, I can only see our chances getting worse not better next season given the rumored summer budget, strengthening of other teams, and lack of sufficient income from player sales.

We need a different plan, ideally one that boost profits in the short term so that if we don’t get back into CL this season we will ensure our chances next season. The adidas deal will help but it won’t be enough as it seems to have already been factored in to the rumored budget for this summer.

Kroenke needs to drag himself back to England and throw out some ultimatums; those that show ambition.
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Havertz
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Re: Arsenal's Financial Crisis

Postby Royal Gooner » Sat Feb 16, 2019 10:53 pm

CrimsonGunner11 wrote:
Zedie wrote:
CrimsonGunner11 wrote:Is there any plans to quickly and significantly increase revenues? and if so, what is it/is it viable? and if not wth is Kroenke doing?

Someone credible needs to provide answers to these questions ASAP or we’ll continue to sink further into the abyss


Get into champions league again on a tiny budget seems to be the main strategy.


Well that strategy hasn’t been working so far and it currently feels like we’ll be entering another season without CL football.

And If we fail again, I can only see our chances getting worse not better next season given the rumored summer budget, strengthening of other teams, and lack of sufficient income from player sales.

We need a different plan, ideally one that boost profits in the short term so that if we don’t get back into CL this season we will ensure our chances next season. The adidas deal will help but it won’t be enough as it seems to have already been factored in to the rumored budget for this summer.

Kroenke needs to drag himself back to England and throw out some ultimatums; those that show ambition.


He won't. He only cares about that team of his that plays a lesser version of rugby league.
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Re: Arsenal's Financial Crisis

Postby BrunelGooner » Wed Mar 06, 2019 9:14 am



Really good video from Tifo about our finances, in case anyone is interested. Only just uploaded an hour ago.
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Re: Arsenal's Financial Crisis

Postby Phil71 » Wed Mar 06, 2019 9:26 am

BrunelGooner wrote:

Really good video from Tifo about our finances, in case anyone is interested. Only just uploaded an hour ago.


Excellent overview.

Thanks for that.

So - we need to get back in the CL, and quickly.
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Re: Arsenal's Financial Crisis

Postby Dejan » Wed Mar 06, 2019 12:29 pm

Cliffs?

Im at work

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