Oh, me too. As I fan I don't really care about the accounts (other than ensuring the club doesn't go bust). However, there is absolutely overwhelming evidence that the board have zero appetite to invest at all, let alone to the extent to get us challenging City and United. Even I agree that the latter is not realistic.
I suppose it comes down to the fact that Kronke is a business man. it is not worth spending £500million on the asset that is Arsenal FC when he will not get anywhere near that sort of money back on his investment, especially given that he doesn't own anywhere near 100% of the club.
We must remember - he is not a fan, he is an investor.