|
Didn't realise the offer is kronke taking over fizmans shares within 20 days of his death  . Poor guy.Timing kind of makes sense though. We are a year or two away from renewing major sponsorship deals that should bring in much more money then our current ones that had to be front loaded because of the stadium. The stadium is being paid off way ahead of schedule and another phase of flats has just been started. He's probably looked around and thinks the sport is going to grow world wide and with all his franchises he should be able to boost the image of the club fairly easily so if he gets in now he should be ahead of any price rises from all that extra income.
|
#
?
Apr 11, 2011 12:30
|
|
|
|
| # ? Apr 29, 2024 01:01 |
|
|
Lyric Proof Vest posted:Timing kind of makes sense though. We are a year or two away from renewing major sponsorship deals that should bring in much more money then our current ones that had to be front loaded because of the stadium. The stadium is being paid off way ahead of schedule and another phase of flats has just been started. He's probably looked around and thinks the sport is going to grow world wide and with all his franchises he should be able to boost the image of the club fairly easily so if he gets in now he should be ahead of any price rises from all that extra income. Pretty much this. Arsenal are about to go through their next stages of economic growth and so it makes a lot of sense to buy the club now before its value (hopefully) increases through the new deals. I'm not sure what kind of effect any of this will have on the pitch. I don't think he is the type to meddle like an Abromovich, or the kind to pull the trigger on the manager if he doesn't get immediate results like the Sheik.
|
|
#
?
Apr 11, 2011 12:44
|
|
|
Pong Lenis posted:Arsenal are about to go through their next stages of economic growth It's this sort of thing that makes Arsenal my favourite top six side 
|
|
#
?
Apr 11, 2011 12:49
|
|
|
Pong Lenis posted:I'm not sure what kind of effect any of this will have on the pitch. I don't think he is the type to meddle like an Abromovich, or the kind to pull the trigger on the manager if he doesn't get immediate results like the Sheik. He won't invest any more than the usual into the club, and neither will he put a mountain of debt on the club either. I guess it will be very much status quo, except for some changes in the board room. I guess (like most other american owners) he's in it to earn money and run it like a business rather than going wild with the cheque book like Abromovic and the sheiks at City.
|
|
#
?
Apr 11, 2011 12:55
|
|
|
He's going to fire Wenger and bring in Bob Bradley. History will regard this as a masterstroke.
|
|
#
?
Apr 11, 2011 12:56
|
|
|
Lots of stuff on the guardian site about Kroenke, but the only interesting bit is this one.quote:As the landlord of most Wal-Mart stores in the US, Kroenke is a very rich man indeed, but his wealth appears tied up in assets. His Arsenal takeover, valuing the club at £731m, means he will have to stump up £500m in cash if all the major shareholders take him up on his offer (and there is every reason to believe they will). No one can yet tell, however, if Kroneke, whose business affairs are enshrouded in the corporate darkness of Delaware, has that kind of money sitting in a bank account. And it's still just speculation.
|
|
#
?
Apr 11, 2011 13:00
|
|
|
5.5m a year shirt sponsor for a club like arsenal, that's crazy. ours is 20m a year and that was secured during the club's worst season in 11 years or whatever
|
|
#
?
Apr 11, 2011 13:09
|
|
|
Chuggo posted:5.5m a year shirt sponsor for a club like arsenal, that's crazy. ours is 20m a year and that was secured during the club's worst season in 11 years or whatever It's the same company who are paying loads to sponsor the stadium and they were in need of they money. It's very low though.
|
|
#
?
Apr 11, 2011 13:11
|
|
|
FullLeatherJacket posted:He's going to fire Wenger and bring in Bob Bradley. Jozy Altidore to Arsenal.
|
|
#
?
Apr 11, 2011 13:14
|
|
|
Chuggo posted:5.5m a year shirt sponsor for a club like arsenal, that's crazy. ours is 20m a year and that was secured during the club's worst season in 11 years or whatever According to Wikipedia Man Utd's is reportedly worth around 80million over four years. How long does arsenals run for?
|
|
#
?
Apr 11, 2011 13:17
|
|
|
Thirteenth Step posted:According to Wikipedia Man Utd's is reportedly worth around 80million over four years. May 2014 according to that article.
|
|
#
?
Apr 11, 2011 13:24
|
|
|
I wonder how much money was front loaded though
|
|
#
?
Apr 11, 2011 13:32
|
|
|
Couch posted:Someone post that write up about how Kroenke took over the MLS team and promised heaps but didn't really deliver. Except he got them a brand new, great looking soccer specific stadium and they won MLS cup last year? 
|
|
#
?
Apr 11, 2011 13:34
|
|
|
Jose posted:I wonder how much money was front loaded though basically all of it
|
|
#
?
Apr 11, 2011 13:56
|
|
|
Lyric Proof Vest posted:basically all of it I was more after the amount
|
|
#
?
Apr 11, 2011 14:05
|
|
|
Jose posted:I was more after the amount i think that figure is the deal averaged over the length of the contract. I've never seen any figures but i've read multiple times we took a massive massive hit per year in order to get the money up front
|
|
#
?
Apr 11, 2011 14:21
|
|
|
Whatever money Arsenal lost on the sponsorhip Im sure theyll gain back shortly if the likes of Brazil end up playing at the Emirates ever year. Goddamn that is unfair.
|
|
#
?
Apr 11, 2011 14:34
|
|
|
MoPZiG posted:Whatever money Arsenal lost on the sponsorhip Im sure theyll gain back shortly if the likes of Brazil end up playing at the Emirates ever year. Out of interest, do you know what the situation be if West Ham wanted to do similar with the Olympic Stadium? Like, will they get any money from it or how is the ownership going to be set up there?
|
|
#
?
Apr 11, 2011 14:41
|
|
|
Mickolution posted:Out of interest, do you know what the situation be if West Ham wanted to do similar with the Olympic Stadium? Like, will they get any money from it or how is the ownership going to be set up there? Pretty sure we are going to go bankrupt either through upgrading the shitbox or losing a court battle to Spurs, all while stuck in the colaship. To win the bid we've had to leverage most of the utility of the stadium going forward to Newham Council and LiveNation promoters I think aswell.
|
|
#
?
Apr 11, 2011 14:44
|
|
|
David Dein was dodgy as gently caress and did a lot to normalise the use of 'superagents' by most of the big european clubs. He might have done well for Arsenal (with several caveats) but he's bad news for the sport as a whole
|
|
#
?
Apr 11, 2011 14:48
|
|
|
MrBling posted:Lots of stuff on the guardian site about Kroenke, but the only interesting bit is this one. I think he probably does have enough cash, and if he doesn't then his wife does (she's a Walmart heiress) but he also has to sell two of the four other sports teams he owns. He bought the St. Louis Rams last year and the NFL doesn't allow you to own major US sports teams in other cities. MLS doesn't count as major per NFL rules, but he has to give up control of his NBA and NHL teams by 2014. I imagine that will net him a decent amount of money. Also Kroenke usually doesn't do any meddling in the way his teams are run.
|
|
#
?
Apr 11, 2011 15:07
|
|
|
wicka posted:the NFL doesn't allow you to own major US sports teams in other cities. Why's that?
|
|
#
?
Apr 11, 2011 15:20
|
|
|
Mickolution posted:Why's that? I assume something to do with having owners who are actually invested in the success of the team and aren't just there to make money. They forbid corporate owners as well. wicka fucked around with this message at 15:26 on Apr 11, 2011 |
|
#
?
Apr 11, 2011 15:24
|
|
|
Seems strange that they can tell you what to do with the rest of your business.
|
|
#
?
Apr 11, 2011 15:29
|
|
|
Shop at Wal-mart, support Arsenal.
|
|
#
?
Apr 11, 2011 15:35
|
|
|
Mickolution posted:Seems strange that they can tell you what to do with the rest of your business. Welcome to the NFL, owning a good NFL franchise is worth more than owning an NHL/NBA franchise combined probably. It happens all the time when owners buy into teams - former Skins owner was the owner of the Lakers, but had to sell them when he bought the team. It makes the league uber-financially stable in a lot of ways (that and it's loving super popular obviously). But yes, I think he'll have plenty of money rather than just assets after he dumps the NHL/NBA teams he owns.
|
|
#
?
Apr 11, 2011 15:35
|
|
|
Mickolution posted:Seems strange that they can tell you what to do with the rest of your business. Honestly, the English FA could do a lot worse than importing some of the business models/rules used in American sports. Isn't it something like 50 English clubs that have gone into administration in the last 20 years or so? The level of play in MLS is pretty much poo poo, but their business model is rock solid. If MLS had been run the way a lot of English clubs are, the league would have imploded inside of 10 years.
|
|
#
?
Apr 11, 2011 15:54
|
|
|
Oh for fucks sake.
|
|
#
?
Apr 11, 2011 15:59
|
|
|
adumb fucked around with this message at 21:51 on Oct 26, 2012 |
|
#
?
Apr 11, 2011 16:05
|
|
|
WhiteShad0w posted:Honestly, the English FA could do a lot worse than importing some of the business models/rules used in American sports. Isn't it something like 50 English clubs that have gone into administration in the last 20 years or so? Don't go there.
|
|
#
?
Apr 11, 2011 16:06
|
|
|
WhiteShad0w posted:Honestly, the English FA could do a lot worse than importing some of the business models/rules used in American sports. Isn't it something like 50 English clubs that have gone into administration in the last 20 years or so? In terms of running the clubs, maybe, but I fail to see what right the NFL has to tell you how to run your other businesses. Prob best to stop this discussion now though, the natives will get angsty again.
|
|
#
?
Apr 11, 2011 16:06
|
|
|
Mickolution posted:In terms of running the clubs, maybe, but I fail to see what right the NFL has to tell you how to run your other businesses. I'm not suggesting wholesale changes, but people are always moaning about football being dead and uneven playing fields from a business perspective, but then not open to any suggestions about how things could change.
|
|
#
?
Apr 11, 2011 16:11
|
|
|
Stop stop stop.
|
|
#
?
Apr 11, 2011 16:11
|
|
|
Mickolution posted:In terms of running the clubs, maybe, but I fail to see what right the NFL has to tell you how to run your other businesses. Remember you're not buying a business, you're buying a franchise, and the franchiser can set whatever conditions that they think will be best for their business.
|
|
#
?
Apr 11, 2011 16:11
|
|
|
adumb posted:again, if arsenal fans aren't ecstatic about this, they are loving retarded. so i guess i understand why you lot are still wringing your hands and looking for dirt. it's not a done deal yet, i don't know anything about him and considering other high profile american owners in the premier league i don't think it's unreasonable to be a bit cautious about this.
|
|
#
?
Apr 11, 2011 16:15
|
|
|
euroboy posted:it's not a done deal yet, i don't know anything about him and considering other high profile american owners in the premier league i don't think it's unreasonable to be a bit cautious about this. Like I said before, he's historically been a very hands-off owner, and all early indications are that nothing in the day-today running of the club will change (e.g. Hill-Wood is staying on as chairman).
|
|
#
?
Apr 11, 2011 16:17
|
|
|
adumb fucked around with this message at 21:51 on Oct 26, 2012 |
|
#
?
Apr 11, 2011 16:21
|
|
|
NattyBo posted:Welcome to the NFL, owning a good NFL franchise is worth more than owning an NHL/NBA franchise combined probably. What happens if the team owner can't find someone who wants to buy the team?
|
|
#
?
Apr 11, 2011 16:24
|
|
|
adumb fucked around with this message at 21:51 on Oct 26, 2012 |
|
#
?
Apr 11, 2011 16:26
|
|
|
|
| # ? Apr 29, 2024 01:01 |
|
|
I came across something that might be interesting to a few people here (with the whole Kroenke business) a while back, the SA thread from when Glazer took over at Man U (requirse archives). Interesting to see parallels between what was said then and what's being said about Kroenke tbh.
|
|
#
?
Apr 11, 2011 16:26
|
|
