Arsenal reveal a £27.1m LOSS in their accounts

[PairyGrows]

What needs to be said is that a loss of £27.1m becomes far more significant when FFP is taken into consideration. According to FFP rules, clubs can lose no more than €30m (or £26.6m) over a three-year period. Certain costs such as costs related community, infrastructure and youth player development are exempt from the consideration. Despite this, we either crossed or nearly crossed the €30m threshold of permitted losses last season alone. Our early exit as well as our spending in the transfer market suggests we're certainly going to breeze past the €30m threshold this season. This means we'll likely see a fire sale in the summer which will ravage our squad and leave us even further behind the other top six sides.

Thanks to FFP, we cannot spend our way out of trouble. Ironically, for all those years we kept banking on FFP, but Now that we're in deep trouble, FFP is the thing that will keep us down in mid-table.

[Salibatelli]

To be honest we brought it on ourselves, we've sat there with no ambition thinking top 4 and the riches of the CL would fall on our lap every season, we neglected the squad badly, we've now committed our future transfer money on the like of Pepe (we overpaid for massively) and Saliba.

We also re-signed rubbish like Xhaka and wasted money in the transfer market due to poor scouting/decision making.

We spend on ageing players like Luiz and Sokratis who will also need replacing sooner rather than later.

This club is so poorly run it's untrue, we never seem to do anything right, even the current manager puts his faith in players who are average at best.

Best thing we can do is sell, Sokratis, Xhaka, Mustafi, Bellerin, Kolasinac and Chambers (though he's injured so not sure we'll get anything) and of course we'll lose Auba as well and then try and re-invest wisely by snapping up young talents in the hope they pan out.

We can then move Luiz into midfield as well.

If we don't turn this around we could end up with a big fine and points deduction/transfer ban.

[Power n Glory]

What needs to be said is that a loss of £27.1m becomes far more significant when FFP is taken into consideration. According to FFP rules, clubs can lose no more than €30m (or £26.6m) over a three-year period. Certain costs such as costs related community, infrastructure and youth player development are exempt from the consideration. Despite this, we either crossed or nearly crossed the €30m threshold of permitted losses last season alone. Our early exit as well as our spending in the transfer market suggests we're certainly going to breeze past the €30m threshold this season. This means we'll likely see a fire sale in the summer which will ravage our squad and leave us even further behind the other top six sides.

Thanks to FFP, we cannot spend our way out of trouble. Ironically, for all those years we kept banking on FFP, but Now that we're in deep trouble, FFP is the thing that will keep us down in mid-table.

Arsene Wenger has led the blind off a cliff along with his managerial career.

[Marsbar100]

Arsene has destroyed his legacy, he definitely studied Tony blair

[Angelito]

Some Outrageous arguments being made here. Wenger foolishly and naively expected FFP to level the playing field, it didn't. Mistake number 1.

Mistake number 2, Wenger adopted the stupid 1 year contract for 30+ year olds which led to the break up of the Invincibles prematurely.

Mistake number 3, Wenger tried to turn us into Barca Lite, playing tiki-taka football with lots of small technical players which did not suit the physical nature of the Premier League and made us soft as shite.

Mistake number 4 Wenger adopted the socialist model whereby young players and players at a lower level to the top players all earned far more money than they should have been paid. It made our wage bill keep apace with those clubs above us while the squad quality reduced season after season. This final mistake is the reason why we are screwed right now!!

Our current situation is nobody else's fault but Arsene Wenger.

Forget to mention, he spunked a shitload of money on some tragically bad players too.

Well, I agree for the most part, but I think it's more complicated than that.

You also seem to have overlooked the fact that there was always a Chief Executive, a Board of Directors and an owner above him - any of which could have stopped him at any time.

If he was given so much power unchecked, they are to blame just as much as he is.

There is also his dual role of football and financial management. That was a conflict of interest, and should never have been allowed to happen.

The dual role is what affected us because he was not only responsible for winning, but also keeping us financially healthy.

But overall, yeah, Wenger didn't own Arsenal. What were other people doing if they felt Wenger wasn't achieving his goals? The fact is that everyone (within Arsenal) was happy that he was churning out profits, whilst keeping us in the UCL, whilst not spending big.

The only time we really went big was the summer of 2014 when we spent over £100m. In 2016, we spent nearly £100m in mediocrity and there are allegations that most of what we bought was Gazidis' signings and not Wenger's. Ditto for Ozil's contract.

Wenger peaked in 2011. That's undeniable. He kept us relevant until at least 2016. We should have gone for Klopp once he was available. I have no idea why we didn't. It was time for Wenger to step down either way, or move upstairs.

It's a travesty because the title was there for the taking thrice last decade (2011, 2014, and 2016). Such a shame.