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Elite Forum Member |
id be suprised if any bank offered him the facility at the minute |
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Elite Forum Member |
With the worlds sixth "richest" football club as collateral? I`d be surprised if they didn`t. |
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Forum Member |
What about his wife/family?
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Elite Forum Member |
His wife is a Wal-Mart heiress her fortune is worth in the region of $2/3 billion |
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Elite Forum Member |
Its mainly paper wealth. There is no way he would purschase Arsenal out of his own pocket, firstly he is unlikely to have that much cash to hand, and he doesn't know the market.
He will follow the lead of his compatriots Glazer, and Hicks/Gillett (yes, the same 2 that Liverpool fans are trying to remove from their club), and borrow money against Arsenals assets (our ground mainly), and then repay the debt out of Arsenals profits, meaning less money for Wenger to spend. I sincerely hope he does not takeover our football club. |
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Elite Forum Member |
This is my worst nightmare.I pray your wrong.Would the Board support him if that was his intention?.The other Directors are Arsenal supporters and have been for generations,surely they wouldn`t sell us down the river, would they? |
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Elite Forum Member |
Unfortunately they have little choice. Firstly he is already here, as people have sold him enough shares to warrant a say. Secondly, so is Usmanov, who Dein sold in to. So they can't get rid of either, and unfortunately it seems that they deem him to be better than Usmanov. I can't see the difference personally. Both are likely to be dreadful for Arsenal, and English football, like the other "investors" we have in England. As Southend go into administration, we are paying Emmanuel Eboue 50K a week, which would probably keep them afloat. The disparity between the rich and poor has become too great, and these guys just want to cash in on the game we've built up for years. |
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Elite Forum Member |
I know a lot of people will not agree with me but if what you say comes to pass I would rather not win another trophy than put the club into millions of debt like Man U and Liverpool,I know we are already in debt but it`s more like a mortgage against the Stadium. |
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Elite Forum Member |
Yes, thats a totally acceptable debt, and will bear fruit in the future. Chelsea/United and Liverpool may still need to do this. I'm with you, it will be a different Arsenal once in the hands of someone like Kroenke. And probably not one that I want too much to do with. Modern football is bad enough as it is, and these guys flooding in are making it worse by the day. |
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Forum Member |
DITTO TW. |
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Elite Forum Member |
so stan buys us, adds aload of hard to manage debt on us and we have even less money for transfers (transfers remember those?)
sounds great |
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Elite Forum Member |
I'm with you, it will be a different Arsenal once in the hands of someone like Kroenke.
I agree with that. As I see it, and it might sound a bit soppy but, at the moment Arsenal are my club and the present board are custodians,if any one person buys the club outright then it is his club and not mine anymore thus making it a different Arsenal. Secondly and Hyperthetically will Arsene Wenger, if he is still here providing the new person will not tinker with the playing side of things,spend some big money knowing that it is not Arsenal's money but the individual in questions money. Either way I really do prefer to stay the way we are and if that means we get left behind then so be it. |
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Senior Forum Member |
even more shares today!
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Elite Forum Member |
There are 62219 shares in Arsenal football club worth £529 million.
Stan owns 29.6%. of these =18.416 shares 62.219-18.416=43803 shares Shares are selling between £8.500 and £9.500 each So I would think Stan would need to offer more than £10.500 a share to the rest of the shareholders. 43.803x£10.500=£460 million give or take a few thounands of pounds for the rest of the shares in Arsenal football club *this could all be wrong if my maths is not right!!!! |
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Elite Forum Member |
There are various forms of 'debt' - not all of them need to be a limiting factor. Many investors do so for the long-term (as we've seen with existing shareholders).
For any investor to win here they need to see the 'business' grow. To do that it needs to increase revenues - to do that it needs to remain a competitive football club (the bit I like). The more trophies we win, the larger the fan base gets (don't tell me that isn't true), more fans equals more revenue (merchandising, tv, and sponsorship). The investors can then see a return through increased value of shares which can be sold or less likely some kind of dividend. The people who may have put their money into Coca Cola or Walmart in the past might feel that they can get better return from Arsenal. I'm not sure where this goes bad. Why would any investor wish to see the core business (football) suffer by taking money out of the business? |
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