Top 4 betting...

So having backed us at 6/1 and 11/1 in recent weeks the odds are now down to 3/1 and I can lay off my liabilities for a nice profit.

Question is...do I gamble one more time.

If we beat Stoke my guess is that we'll be down to 11/10ish to make Top 4 and if Liverpool dropped more points vs West Ham then we'll be odds on with Liverpool around the 2/1 to 9/4 price point but I don't think I'll wait that long...my decision will be to make a trade now or gamble on us beating Stoke and then trading.

I'm not waiting for Liverpool's game.

Thoughts...

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Originally Posted by Tony C

So having backed us at 6/1 and 11/1 in recent weeks the odds are now down to 3/1 and I can lay off my liabilities for a nice profit.

Question is...do I gamble one more time.

If we beat Stoke my guess is that we'll be down to 11/10ish to make Top 4 and if Liverpool dropped more points vs West Ham then we'll be odds on with Liverpool around the 2/1 to 9/4 price point but I don't think I'll wait that long...my decision will be to make a trade now or gamble on us beating Stoke and then trading.

I'm not waiting for Liverpool's game.

Thoughts...

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We'll beat Stoke and Everton and then lose 0-1 to Sunderland :-(

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Originally Posted by Sir C

We'll beat Stoke and Everton and then lose 0-1 to Sunderland :-(

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*******s - it's on. We'll probably finish third

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Originally Posted by Luis Anaconda

*******s - it's on. We'll probably finish third

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Show your working la.

More - importantly, who gives a f*ck? :shrug:

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Originally Posted by World's End Stella

More - importantly, who gives a f*ck? :shrug:

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Pretty much everyone :shrug:

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Originally Posted by Sir C

Pretty much everyone :shrug:

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Your everyone is different than my everyone.

Most Gooners I know see missing out on the CL as potentially having more upside than downside. We don't have any chance of winning it and we don't need the money, so why bother? :shrug:

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Originally Posted by World's End Stella

Your everyone is different than my everyone.

Most Gooners I know see missing out on the CL as potentially having more upside than downside. We don't have any chance of winning it and we don't need the money, so why bother? :shrug:

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How many of these 'Gooners' do you know?

When you say 'we don't need the money', are you channelling Diane Abbott? A few million here or there might make all the difference to who we can sign or keep.

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Originally Posted by Sir C

How many of these 'Gooners' do you know?

When you say 'we don't need the money', are you channelling Diane Abbott? A few million here or there might make all the difference to who we can sign or keep.

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Oh, I'd say about 10 or so, including our very own SW, Arsemart and Ciaran.

Last results I saw we had £250mil in cash with a projection that we would hit 300mil later this year. If we aren't going to spend it, we don't really need it.

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Originally Posted by World's End Stella

Your everyone is different than my everyone.

Most Gooners I know see missing out on the CL as potentially having more upside than downside. We don't have any chance of winning it and we don't need the money, so why bother? :shrug:

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"we don't need the money" show me any nbusiness that would be happy to turn down the income the CL brings and I will show you a business that is going to go bust.

CL football gives us income, better chance of attracting better players, sponsor money..... you really do seem to know **** all about football

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Originally Posted by World's End Stella

Oh, I'd say about 10 or so, including our very own SW, Arsemart and Ciaran.

Last results I saw we had £250mil in cash with a projection that we would hit 300mil later this year. If we aren't going to spend it, we don't really need it.

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:clap: You work in the finance industry and, with a straight face, can suggest that a business with a healthy cash balance doesn't 'need' an additional £20 mill?

God. Help. Us. All.

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Originally Posted by Pokster

"we don't need the money" show me any nbusiness that would be happy to turn down the income the CL brings and I will show you a business that is going to go bust.

CL football gives us income, better chance of attracting better players, sponsor money..... you really do seem to know **** all about football

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From what i can tell we earned around €45m from it last year. We can't really be turning our nose up at that.

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Originally Posted by Pokster

"we don't need the money" show me any nbusiness that would be happy to turn down the income the CL brings and I will show you a business that is going to go bust.

CL football gives us income, better chance of attracting better players, sponsor money..... you really do seem to know **** all about football

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Or about business. Or finance. Or, God help us, a household budget.

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Originally Posted by Sir C

:clap: You work in the finance industry and, with a straight face, can suggest that a business with a healthy cash balance doesn't 'need' an additional £20 mill?

God. Help. Us. All.

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I care about the finances of Arsenal Football Club only to the extent that they impact the football itself.

Having a cash balance of 290mil instead of 260mil doesn't improve the football, I'm afraid.

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Originally Posted by World's End Stella

Oh, I'd say about 10 or so, including our very own SW, Arsemart and Ciaran.

Last results I saw we had £250mil in cash with a projection that we would hit 300mil later this year. If we aren't going to spend it, we don't really need it.

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What you seem to have done there is to confuse the ill-considered feelings of football fans with the motivations and imperatives of a multi-million pound business.

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Originally Posted by World's End Stella

I care about the finances of Arsenal Football Club only to the extent that they impact the football itself.

Having a cash balance of 290mil instead of 260mil doesn't improve the football, I'm afraid.

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Cash reserves are £100m

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Originally Posted by World's End Stella

I care about the finances of Arsenal Football Club only to the extent that they impact the football itself.

Having a cash balance of 290mil instead of 260mil doesn't improve the football, I'm afraid.

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You don't think that the additional £30 mill improives our options in the transfer market? Allows us the option to buy more expensive players at greater salaries?

You're not entirely sure how this money stuff works, are you? :-(

If you send Mrs wes to the shop to buy you some of that grain-fed mush you call steak, 10 pence won't get her very far, but £20 will result in you gnashing your gums on a lovely gobbet of vaguely meat-flavoured mulch and bring you happiness. That's all you need to remember :thumbup:

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Originally Posted by Burney

What you seem to have done there is to confuse the ill-considered feelings of football fans with the motivations and imperatives of a multi-million pound business.

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I haven't confused them at all. Quite the opposite, I have recognized that because I am only really interested in the football aspect of the club, I'm indifferent to the size of the club's cash balance.

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Originally Posted by Billy Goat Sverige

Cash reserves are £100m

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Possibly you're confusing reserves and balance.

http://www.mirror.co.uk/sport/footba...celona-8968436

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Originally Posted by Pokster

"we don't need the money" show me any nbusiness that would be happy to turn down the income the CL brings and I will show you a business that is going to go bust.

CL football gives us income, better chance of attracting better players, sponsor money..... you really do seem to know **** all about football

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Businesses go bust all the time; it's no biggy.

Just sayin'.

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Originally Posted by Sir C

You don't think that the additional £30 mill improives our options in the transfer market? Allows us the option to buy more expensive players at greater salaries?

You're not entirely sure how this money stuff works, are you? :-(

If you send Mrs wes to the shop to buy you some of that grain-fed mush you call steak, 10 pence won't get her very far, but £20 will result in you gnashing your gums on a lovely gobbet of vaguely meat-flavoured mulch and bring you happiness. That's all you need to remember :thumbup:

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I'll type this slowly and use the analogy you did so that your uneducated mind might grasp it.

If Mrs WES only wants to spend £20 on dinner, I will get the same meal whether I give her £20 or £50.

Now stop being silly.

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Originally Posted by World's End Stella

I haven't confused them at all. Quite the opposite, I have recognized that because I am only really interested in the football aspect of the club, I'm indifferent to the size of the club's cash balance.

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You can't separate the two, I'm afraid. If you could, Lincoln City could win the Premier League.

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Originally Posted by World's End Stella

Your everyone is different than my everyone.

Most Gooners I know see missing out on the CL as potentially having more upside than downside. We don't have any chance of winning it and we don't need the money, so why bother? :shrug:

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We must have *some* chance of winning it, surely?

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Originally Posted by Pokster

"we don't need the money" show me any nbusiness that would be happy to turn down the income the CL brings and I will show you a business that is going to go bust.

CL football gives us income, better chance of attracting better players, sponsor money..... you really do seem to know **** all about football

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I don’t think the absence of CL football for 1 year, perhaps 2, would materially damage the long term future of the club. The manner in which the club has been run in the past decade or whatever would see to that in terms of business.

While CL income is not negligible the bulk of the club’s income is from other sources, mainly the new 3 or 5 year deal signed by the PL for broadcasting revenues. Knock on impacts on merchandising or sponsorship none of us know so speculation is futile.

Football wise the absence may preclude certain aspects of team strengthening or player retention but again an issue that can be dealt with and managed. The current eye of the storm is being exacerbated as the potential absence of CL football is coinciding with the renewal of two of our most bankable assets.

It is how we react and recover in the period of absence that is key.

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Originally Posted by Burney

You can't separate the two, I'm afraid. If you could, Lincoln City could win the Premier League.

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Or Leicester City obviously.

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Originally Posted by Burney

You can't separate the two, I'm afraid. If you could, Lincoln City could win the Premier League.

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Well, yes, except that my point was that since we already have a load of money and we aren't using it, what's the worry about having even more that we don't use?

And there was a degree of flippancy to my post. Of course the club could use an additional 30 - 40mil, but that isn't the reason we aren't challenging for the league, is it?

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Originally Posted by World's End Stella

Possibly you're confusing reserves and balance.

http://www.mirror.co.uk/sport/footba...celona-8968436

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It's now £123m.

http://www.arsenal.com/assets/_files..._Half_Year.pdf

Page 24.

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Originally Posted by SWv2

I don’t think the absence of CL football for 1 year, perhaps 2, would materially damage the long term future of the club. The manner in which the club has been run in the past decade or whatever would see to that in terms of business.

While CL income is not negligible the bulk of the club’s income is from other sources, mainly the new 3 or 5 year deal signed by the PL for broadcasting revenues. Knock on impacts on merchandising or sponsorship none of us know so speculation is futile.

Football wise the absence may preclude certain aspects of team strengthening or player retention but again an issue that can be dealt with and managed. The current eye of the storm is being exacerbated as the potential absence of CL football is coinciding with the renewal of two of our most bankable assets.

It is how we react and recover in the period of absence that is key.

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And there in lies the problem.... we could miss out this year and then fail to gte back in it for the next 10, nobody knows. That is why I don't understand why people wouldnm't care if we were in it or not..... 10 years of lower income would have a serious impact on the football side of our club

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Originally Posted by World's End Stella

Well, yes, except that my point was that since we already have a load of money and we aren't using it, what's the worry about having even more that we don't use?

And there was a degree of flippancy to my post. Of course the club could use an additional 30 - 40mil, but that isn't the reason we aren't challenging for the league, is it?

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Oh, if you argue that we aren't spending our money well or in sufficient quantities, then you may have a point. However, you were arguing that we as a club don't need 30 million-odd quid of income, which is plainly silly.

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Originally Posted by Billy Goat Sverige

It's now £123m.

http://www.arsenal.com/assets/_files..._Half_Year.pdf

Page 17.

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The cash balance is fluid as I'm sure you know. It will have changed again although I will admit that the 250mil number was one I saw recently in the press, not in a financial statement.

But either way, we have been maintaining huge cash balances relative to much larger clubs (in terms of revenue) for quite a few years now, this is nothing new.

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Originally Posted by Pokster

And there in lies the problem.... we could miss out this year and then fail to gte back in it for the next 10, nobody knows. That is why I don't understand why people wouldnm't care if we were in it or not..... 10 years of lower income would have a serious impact on the football side of our club

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It's about the the dichotomy of the fan's emotions, I guess. As a fan, I'd selfishly rather we didn't have to play in any European competition and could concentrate solely on the league. However, I also recognise that from the point of view of the club's long-term wellbeing, that point of view is totally fücking retarded.

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Originally Posted by Burney

Oh, if you argue that we aren't spending our money well or in sufficient quantities, then you may have a point. However, you were arguing that we as a club don't need 30 million-odd quid of income, which is plainly silly.

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Yes, I was making the point that we don't spend enough of it and don't seem to spend it very well, so giving us more of it will make little difference. Which is slightly flippant, I agree.

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Originally Posted by Monty92

We must have *some* chance of winning it, surely?

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I don't think so, not playing the way we want to, the way we do.

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Originally Posted by redgunamo

I don't think so, not playing the way we want to, the way we do.

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Not as long as Wenger is the manager, you mean?

I would agree with that.

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Originally Posted by World's End Stella

Not as long as Wenger is the manager, you mean?

I would agree with that.

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I think you're only allowed to say that if you've also been saying it for the past ten or so years :-)

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Originally Posted by redgunamo

I think you're only allowed to say that if you've also been saying it for the past ten or so years :-)

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Does 7 years fall within 'ten years or so'? :-)

The year that Almunia started the season as our first choice keeper then got injured and Szczers came in. That was the season I gave up on Wenger.

Not being in the CL didn't seem to stop Man U from executing the most expensive signing in history. Or getting zlatan

More generally I agree having the cash is more important than not having it