peteblue
Welcome back Wayne
Pound for pound the best poster on here. He just loves the game too much sometimes.
You saying he's fat then.........
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Pound for pound the best poster on here. He just loves the game too much sometimes.
Pound for pound the best poster on here. He just loves the game too much sometimes.
You saying he's fat then.........
Arsenal not bigger than us ?
The ladies team ?
I think you overlooked the time element I was driving at.I have to disagree with you there mate, i think the points i made are valid. No way and i certainly dont believe that City, Chelsea, Arsenal and Spurs are bigger clubs then us or have bigger or better top draw capacity. I would accept that they are on an upward curve at the moment in terms of profile. But what you are looking at with each is the reason behind that an external stimulus in either an owner or a facility led model of resource generation. which is exactly the path we are choosing. City and Chelsea are interesting ones as they themselves went through a process of change in administration, i know there recent success seems instant but they were a good 3-4 years before being competitive for leagues or being competitive in Champions League football. Also when you are talking about finance and economics the same rules apply across the board those clubs would be in difficult positions, with a systemic change in the current PL funding.
I don really believe relegation would see us out on the street either, you dont suddenly stop earning money in the championship, the liability is well manageable even if the worst was to ever happen.
Historically our commercial department could/should have done better. However with the new administration we have recently signed a 15 million (total 75) a year deal for the training ground, now that is wholly new revenue and meets the reported liability for the stadium straight of the bat (coincidentally) relegation or not. We are about to announce a new shirt sponsor and shirt sleeve - i would imagine significantly more then the 3 mill odd we were getting annually from Chang. That makes our sponsorship revenue increase from between 200-500%. Not bad in 12 months.
In comparison to our revenue before Moshiri to what we earn under him organically the stadium liability is cost neutral. There is a caution with me however for the reasons i outlined.
I think you overlooked the time element I was driving at.
If you look at Arsenal their commercial clout can minimize the debt repayment dramatically. I stand to be corrected, but I think in the first decade they'd paid off about 40% of the £390M.
The premier league will be played one match after another from Friday until Sunday evening, with no two matches kicking off at the same time soon enough. Asian money will outbid sky and BT for the next tv deal.
And this ground and Moshiri can significantly increase ours........ergo.......
How can they not be aware of the project? That seems crazy. If the waterfront is on their 'endangered' list, you'd think they'd have their ear to the ground for news of any major development....the City's World Heritage status is in doubt if our new stadium damages the dock. Be careful with your chisels;
http://www.independent.co.uk/sport/...us-unesco-world-heritage-status-a7718451.html
I think you overlooked the time element I was driving at.
If you look at Arsenal their commercial clout can minimize the debt repayment dramatically. I stand to be corrected, but I think in the first decade they'd paid off about 40% of the £390M.
I can't think of one significant thing that would make anyone consider Everton is a bigger club than Arsenal.But the commercial club very much came with he new ground, it was a game changer for them in the funds they created.
I know the point your making, but Arsenal also sold every playing asset that was nailed down and arguably regressed in term of consistory challenging for the title in the period in question. Arguably the longer period of repayment will limit the impact of the cost of the ground on annual basis and thus empowering our ability to be competitive.
Tell me you don't believe Arsenal are a bigger club then us, I'm dumbfounded by some of the comments about this on here, my only hope is they are pre teens.
Really?People really think Arsenal are a bigger club then Everton, really? I very much look on them as peers.
I feel sad for some of you.
But the commercial club very much came with he new ground, it was a game changer for them in the funds they created.
I know the point your making, but Arsenal also sold every playing asset that was nailed down and arguably regressed in term of consistory challenging for the title in the period in question. Arguably the longer period of repayment will limit the impact of the cost of the ground on annual basis and thus empowering our ability to be competitive.
Tell me you don't believe Arsenal are a bigger club then us, I'm dumbfounded by some of the comments about this on here, my only hope is they are pre teens.