https://twitter.com/swissramble/stat...814902784?s=21
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There would be no director's box, you bourgeois pig! The best seats would go to those who had produced the most coal or dug the most potatoes that week. All hints of luxury will have been removed, there will be nothing to drink but suspiciously horsey beefy drink and raw potatoes. The faces of all the statues of great former players will have been replaced by the faces of the Politburo and the advertising hoardings will show nothing but inspirational communist slogans encouraging you to work harder, eat less and inform on your counter-revolutionary neighbours.
I didn't need Swiss Ramble to inform me that Kroenke is a cu*t. However it seems that there is a notion that owner's have a duty to plunge money into a club. No owner of American sports teams put money into a club to buy players, front salaries, etc. In fact it's forbidden by league rules. There are 'rich' clubs by nature of their individual media deals, ticket prices, concessions, merchandise, etc. The New York Yankees have about twice the revenue of the Kansas City Royals, for example, but that revenue is solely generated by the club and there are league rules in place regarding how much a team can fork out for player salaries. Plus there's really no such thing as buying a player with solely cash.
Painful to read, and say for that matter, but Arsenal is run like an American franchise.
It isn't unthinkable that a businessman would invest in a business he has bought, nor is it unthinkable they'd allow the business to borrow to invest. Liverpool's owners have done just that.
Fenway have just won the World Series in Baseball with the best team of the modern era and look a reasonable bet to win the Premiership. They've invested from within the business to achieve that. Even within Baseball the owners have some freedom in this respect, salary caps notwithstanding. Of course, FSG is not owned by one person, which is probably a key factor.
Kroenke believes he can make easy money by retaining Arsenal as a top 6 Premiership franchise. Maybe he could have made more by allowing more investment, but this route is higher risk.
We got unlucky.
John Henry wants to win too..and badly . I dont like him personally and have even less time for the rest of the group , but they want to win and have a passion for baseball in particular . John Henry once stormed the offices of the sports hub radio station here as they were slagging him off . He demanded to debate Felger and Mazz and did for an hour ...it made for great radio .
Stan doesnt have the same passion . They are in the game for different reasons
All of that is accurate, but not incongruent to my post. The Red Sox can't buy Nolan Arenado from the Rockies by paying $200 million, or any sum for that matter. Nor can they pay there players whatever they want to without incurring significant luxury tax penalties. Nor can the club borrow meaningful sums. The owner can borrow, of course, to buy a club but they can't borrow in the name of the club. I guess that difference is largely because of league rules, you don't really have that in Europe. NOw the Red Sox can charge high prices (they do!) and can refurbish the clubhouse, front office, etc., to their hearts and pocketbook's content. But not on players -- which I think is what the OP was getting at that Kroenke should do.
the root cause of this is Arsenal's decision to go public in the 90's. It unlocked the door for anyone to walk in. But that's another issue.
You are entirely correct and I wasn't disagreeing with you, just pointing out that it's not ridiculous or unheard of for an owner to invest in a sport franchise. Even in the US, owners choose how much of the franchise money to spend. It's why fans want some owners to take a hike in the US as well.
Kroenke is not a popular man on either side of the Atlantic. The Wilpon/Madoff (Mets) affair is one of the funnier ownership turns I can think of, depending on who you follow.