Swiss Ramble piece on Arsenal (if you've got a spare 10 hours) >>

[barrybueno]

http://swissramble.blogspot.co.uk/

[Billy Goat Sverige]

[barrybueno]

Makes it difficult to move the rubbish on as well. He doesn't get much wrong but he f**ks up in that area

[Peter]

[ArseMart - Enjoy every sandwich]

http://www.awimb.com/images/smiley_icons/indifferent.gif

[Peter]

The old 'property sales will turn us around' argument has gone now. Next up is the 'new commercial deals'. Then the new tv revenue money. All will come and go and nothing will change.

At some point, somebody is going to have to own up and admit that this is going to continue for a good while yet. The wage rises are killing us andit just see,s impossible tocompete unless the sugar daddy bubble bursts.

f**k it anyway. At least we are not goingbust http://www.awimb.com/images/smiley_icons/smile.gif

[Billy Goat Sverige]

£13m a year currently from kit manufacturer and shirt sponsorship deals. That will increase by about £30m per season. Our wage bill won't continue to increase the way it has done. You've seen this summer the efforts to move on the average ****e on big money. These players will be gone within a year or two.

The new TV deal will also bring more money and that comes in at the same time as the new sponsorship deals.

We will be bringing in an extra £40-50m per season from 2014.

[Peter]

Particularly with the tv money which is across the entire league. Wages will continue to go up massively.

Of course the increase in revenue will help but it wont change our approach, or our ability to retain our players. I suppose it does reduce the significance of the debt, though not the actual debt itself.

[Mack]

[Peter]

Not sure we could sell plYers any quicker than we do. Two or three a year is enough for now.

I suppose we could stop buying players....

[Mack]

[71 Guns - channeling the spirit of Mr Hat]

rightly long gone where ex-pros* would be running pubs or selling insurance etc but surely current levels would be more than enough for a lavish retirement lifestyle, punditry jobs etc notwithstanding. The world's gone mad.

*There is an ex-England pro working in Sainsburys in Falmouth I found out the other day. Chris Old, England fast-bowling injury-prone hero, shocking really.

[Billy Goat Sverige]

players.

[Peter]

They want every penny they can get put of you and if you have more money they want that too.

I guarantee you any rise in profits will create a succession of players banging on the door for a pay rise

[Peter]

I make that less than 10 grand a week per head swallowing up the entire rise.

Would you really be shocked if we are sitting here in two years time looking at a wage bill of around 170 million?

Of course, increased revenues are still great news. It is just a bit optimistic to expect thrm to translate directly into profit.

I am more interested in why we seem to be stockpiling significant cash reserves. Is this normal?

[Peter]

And its income?

I will keep hold of that £2m for now, until you have shown yourbworkings http://www.awimb.com/images/smiley_icons/smile.gif

[Hendon Gooner (Only Easy Day Was Yesterday))]

But we are renowned for rewarding failure.....Almunia, Squillaci etc..

[Peter]

That is a bold statement. Could you expand a little?

[Hendon Gooner (Only Easy Day Was Yesterday))]

I got to get a job at Arsenal. I need one that will pay me well for fcuking up!

[Mack]

being the only team in it.
I haven't really thought this through..

[Mack]

[Hendon Gooner (Only Easy Day Was Yesterday))]

http://swissramble.blogspot.co.uk/

http://www.awimb.com/images/smiley_icons/hehe.gif

Looking at the club’s revenue of £235 million, which is the fifth highest in Europe, it is difficult to imagine that this could be an issue, especially as it is only surpassed by Manchester United in England (£331 million in 2010/11, £320 million in 2011/12), while it is way ahead of clubs like Liverpool £184 million, Tottenham £164 million and Manchester City £153 million.

However, there are three problems here: (a) the gap to the top four clubs is vast; (b) Arsenal’s revenue has hardly grown at all in the last few years; (c) other clubs have continued to grow their revenue.

Real Madrid and Barcelona generate around £200 million more revenue than Arsenal. Even though this shortfall would come down if the current exchange rate of 1.25 Euros to the Pound were used instead of the 1.11 prevailing when Deloitte produced their survey, the disparity would still be around £150 million, which makes it difficult to compete.

[Bergkamp's Brain]

[Hendon Gooner (Only Easy Day Was Yesterday))]

Much was made of commercial revenue rising £5.6 million to £52.5 million, but this is only £4.4 million higher than the £48.1 million received in 2009. In other words, this crucial revenue stream has only grown by a miserable 9% in three years. Even though Gazidis stated in an interview with the club website that commercial partnerships were “well ahead of our five-year planâ€�, I would suggest that to date there has is not exactly been a scintillating return on investment in the expensive new commercial team.