LMAO wrote:Luzh 22 wrote:I don't understand why somebody has to 100% out right own something to invest money in something. That doesn't make sense to me.
Why don't those crazy people called (funnily enough) investors realise this? EK should school them.
Careful now before he lumps you in with me and Zedie as people who don't understand basic investing.
Even when I showed some simple math a couple pages back that Kroenke would be up more than he currently is had he let Usmanov give the club a substantial interest-free loan, EK is still arguing like Kroenke's actual course of action was the only logical decision. If Kroenke had simply swallowed his pride and worked with Usmanov instead of against him, then both Arsenal and he would be in a stronger position financially. But Kroenke is the type of person who'd rather have an entire 5" pie than share an 8" one.
Its sad that its come to this to be honest.
This is from EK's FFP link on the UEFA website (link below)
https://www.uefa.com/MultimediaFiles/Do ... WNLOAD.pdfArticle 61 - Notion of Acceptable Deviation
2 - The acceptable deviation is EUR 5 million. However, it can exceed this level up to EUR 30 million if such excess is entirely covered by contributions from equity participants and/or related parties. A lower amount may be decided in due course by the UEFA Executive Committee.
These are the actual FFP rules. An equity participant/related party includes shareholders of the club. It doesn't say 100% owner/sole owner etc. It says f***ing equity participant/related party.
EKs smoke screen about when Kronke bought the club 100% as an excuse not to spend is absolute bollocks. He could even if he had 1% of shares. I genuinely think EK thinks we are as stupid as him.
As for Hothead, man has been patting himself on the back for f***ing days thinking he had any sort of point on the amount Kronke/Arsenal could put in per year. So for a few points for him and his superior intellect to explain:
Article 61 - Notion of Acceptable Deviation
3 - For licensees assessed on the current monitoring period, contributions from equity participants and/or related parties (as specified in Annex X E) are taken into consideration when determining the acceptable deviation if they have occurred and been recognised: a) in the audited financial statements for one of the reporting periods T, T-1 or T2; and/or b) in the accounting records up until the deadline for submission of the breakeven information for the reporting period T.
Article 61 - Notion of Acceptable Deviation
4 - If contributions occurring until the deadline for submission of the break-even information for the reporting period T are recognised in a club’s reporting period T+1 and have been taken into consideration to determine the acceptable deviation in respect of the current monitoring period, then for later monitoring periods the contributions will be considered as having been recognised in reporting period T.
As an example, the projected monitoring period assessed in the licence season 2018/19 covers the reporting periods ending in 2019 (reporting period T+1), 2018 (reporting period T) and 2017 (reporting period T-1).
If you use the time periods as described below, an equity partner etc. is able to invest 30m private funds in year 1 (T-1), cover those funds via income like player sales, wage cuts, sponsorship, prize funds etc. as long as you can cover the outlay ie make 30m by the end of that period. You can repeat for year 2 and year 3 if following that pattern.
In order for Hotheads philosophy of 30m in 3 years to work, it would mean Arsenal don't make any player sales, don't lower wages through sales/loans/releases, don't add sponsors like Addidas or Visit Rwanda in that 3 year period. Zedie destroyed apparently smh.
Finally
Article 57 - Scope of Application and exemption
5 - Under certain circumstances, as further illustrated in Appendix XII, a licensee can apply to enter into a voluntary agreement with the UEFA Club Financial Control Body for the fulfilment of the break-even requirement.
A voluntary agreement allows a club to reach an additional expenditure plan agreement with UEFA. This is something Kronke has never requested.
Ive made this point previously, but it remains as one of the great unanswered questions from the Finance Four of GW.
Jayrams point regarding Arsenals Savings:
Surely a savvy businessman like Kronke would have those funds out in the market maturing from season to season via player purchases and onward sale, in much the same way as every other f***ing club in the world? Apparently not for this Head of Industry.
Power n Glory wrote:Yep, comprehension is definitely a problem here. If you don't understand the points being made, it would be a waste of time rehashing what has already be said.
For me, the way we ended our season and our away form....we shouldn't have lost to Palace, Wolves and Leicester City, we should have beat Brighton. We shouldn't have to spend an extra £100m to beat those teams. It comes back to coaching and preparation.
But as said, we have made changes to the coaching set up again and we'll see if it has an effect.
You talk about reading comprehension, but still cant explain any specifics as to why we lost those games we lost. What happened between the 22 game unbeaten run and these listed games? Emery changed tactics? Emery didnt shout loud enough? Emery is a tier below everyone else?
Or was it more to do with having to rotate in players i mentioned ie:
Mustafi with his individual mistakes
Monreal who cant keep up with the likes of Giroud
Koscielny who is practically wheelchair bound and has to play with injections
Lichtenstiener who again leaves us constantly exposed.
Mkhi who can attack or defend but not both after 45 minutes.
Nahh, nothing to do with them.
Nothing to do with losing Holding and Bellerin which completely changed our game when we didnt have rotation options to fill in effectively I guess, but then again, you guys seem adept at ignoring plain facts.
Hothead is genuinely convinced these players can be coached out of their weaknesses rather than admit we need money to replace these types. What do you see when you watch those players get skinned, turned, out jumped, out muscled, out run by the likes of Brighton?
Koscielny, our f***ing club captain is trying to force a move because he knows hes probably got a year left in him and he cant cut it with us. But he can be coached to not physically break every 4 games. ok mate.
Youre in this thread claiming we dont need to spend and the financial crisis thread wringing your hands and you want to talk about reading comprehension lol. Id love to hear some training regimes from you and Hothead that can explain to everyone how these players can be coached to match the rest of the top 6's options.