Untold Arsenal: Arsenal News. Supporting the Lord Wenger in all he does » Finances
The philosophy of Arsène Wenger and how the North Koreans don’t get itBy Tony Attwood The members of the North Korean branch of the Arsenal supporters club tend to consider Arsène Wenger a renegade running dog who can’t admit his mistakes, who clings to power when all the world that victory is inevitably theirs. Their world view is a simple world view. First, they set up a […] Imagine a top EPL club being owned and run by its bank. Stop imagining – it’s true.By Phil Gregory Before you start reading, check out What’s really going on (if you haven’t already). It explains all of the terms and whatnot, which makes all that follows easier to, well, follow. Liverpool FC hasn’t been out the news for much of last season for both financial and on-field reasons. It’s probably best […] Barcelona teeters on the edge of financial collapse. How? Why? What? Err?By Tony Attwood, king of the predictive arts, emperor of the future, master of the middle-distance, irony champion 2010, and knower of all sorts of stuff. No one likes a smart-arse. So I am preparing to be disliked. FC Barcelona, who have just signed David Villa, is attempting to negotiate a 150 million- euro bank […] Welcome to the strange financial world of Newcastle UnitedNewcastle United financial review By Phil Gregory This continues our series of articles about the finances of EPL clubs. There’s a full index of the articles in this series so far, by clicking here. Matchday income Credit to Newcastle for having a transparent set of accounts, but the finances themselves totally baffle me. Matchday revenues […] Liverpool chairman admits, the owners no longer have any control of the clubby Tony Attwood There is a school of thought that says that no matter what, a club as big as Liverpool will always be able to carry on. The banks would never foreclose on those irritable little scoucers and besides, they are just too important to go bust. Someone will buy them. Quite possibly this […] The English Premier League: where is it all going wrong?English Premier League financial review – a look at a few of the issues in the League as a whole By Phil Gregory First up, a couple of general notes. As most of the teams in the Premier League are privately owned, they are much slower at publishing their accounts than you might expect. But […] Man U: highly profitable, well run within its means, but…By Phil Gregory Manchester United: highly profitable business, well run within its means. But… This is the third in a series of articles covering the economics of the premier league, based entirely around information found in their official accounts. There’s a link to all the articles in this series at the end. Manchester United’s finances […] The operating loss to end all operating losses. How Chelsea totally lost it—————————- The finances of the Premier League by Phil Gregory Part 2: Chelsea Introduction: This is part of a growing series of articles on the economics and finances of clubs in the Premier League. If you haven’t already, I’d recommend you read the financial review I did of Arsenal here as in that I explained […] How the banks are taking over footballBy Tony Attwood A director of Rangers FC in Glasgow, has revealed that he abandoned his plans for a takeover of the club because of the behaviour of… wait for it…their bankers, Lloyds I appreciate that you (like me) may well have far less of a grasp on Scottish footballing affairs than on the EPL, […] Arsenal and the money: what’s really going on?By Phil Gregory Here’s the first of a series of articles on the finances of the Premier League for Untold. There’s no hearsay going on in this series: all figures are straight from the accounts so you can trust the data I’m using is reliable (for most teams anyway!) and check it yourself as the […] The Great Cesc Fàbregas Transfer Saga: what’s really going onI believe the transfer or non-transfer of Cesc to Barca-loan-us involves three factors, only one of which has anything to do with the simple transfer of a player from one club to another. Here’s the three parts… Part One: The simple concept of the transfer. This is easy to deal with: Barca-loan say they want […] The Five Pound Football ClubBy Phil Gregory I recently stumbled upon Five Pound Football Club – a fantastic initiative whereby for a fiver anybody can contribute to the purchase of a football club. In an era of billionaires, leveraged buyouts and regular administrations for lower league sides, the democratic and community-focused ownership model of Five Pound Football Club stands […] Imagine not winning the league for 20 years: how would you feel?By Tony Attwood Well, I guess if we had not won the league for 20 consecutive years you would feel a bit like… a Liverpool fan I suppose. This summer that’s the figure you would have to cope with, as well as dealing with the 25th anniversary of the Heysel Stadium riot. Not a good […] First signs of new Uefa financial rules having impact as clubs start shedding playersTony Attwood Michael Ballack and Joe Cole have left the KGB compound in Fulham on free transfers. There’s no doubt that both are great players, and that in earlier days would have been given new contracts by the world’s leading exponents of Prefabricated Football. You bring in already fully made talent, and exploit it for […] Arsenal’s financial collapse, EPL financial collapse, Man U financial collapseby Tony Attwood, and the guy who writes Le Grove Three linked financial matters. First, the EPL is haemorrhaging cash on salaries. Secondly most Arsenal season ticket holders are giving up their season tickets, and third the Glazer Gang’s other businesses have all come unstuck so they have no choice but to hang on to […] The collapse of football: how the toxic weed of Strategic Default took over our game.by Tony Attwood If you take homeowners who in recent years spent far more than they should on buying a house on a mortgage, you can liken them to clubs who’ve also taken the “everyone else is doing it!” approach of reckless financial management. Instead of living within their means, they’ve run up debts they […] Why Cesc won’t go now, but why he might, maybe, perhaps, possibly, could go in AugustBy Toby Maitland I’ve been an Arsenal fan since the mid-1970s: a season-ticket holder in the late eighties, now living in the US and follow The Arsenal on the telly and the web. I was hoping that you would post something the Untold Arsenal blog that relates to the Cesc Situation. Much has already been […] Revenue and Customs issues writ against the whole Premier LeagueBy Tony Attwood Well, there it is. I pop over (or rather under, since I went by train) the English Channel for a few days, practice following the football news in French, watch France and Spain on TV being given the run around in warm ups, muck about a lot a Futuraworld (Poitiers) and then […] Will Arsenal save the Champions leagueby Walter Broeckx This is the follow up on an article that was on this site and that you could read here. Back to the Champions League and the fact that if the new ruling comes in place and if this would mean that some big teams could not play in it. Would this be […] Is the champions league good for English footballby Walter Broeckx A question that is being raised is the fact that when Uefa will introduce the financial fair play rules how this will effect the big teams. It has been said that Uefa will back down when it comes to excluding big teams as it cannot afford to play the Champions League without MIOU, […] British Football: corruption in progressBy Tony Attwood I have, from time to time, let slip that I feel that corruption is rife in football in England – and indeed elsewhere. The little affair of Lord Triesman and his allegations about bribes in the world cup didn’t come as a surprise, nor did it that it took FIFA just a […] A new football structure in England in Spain within the next four yearsBy Tony Attwood An unpublished document within the EPL’s HQ (revealed by the BBC in a Radio 4 programme just over a week ago) agrees that the EPL has club debts of over £3bn, which is quite a lot, really. One thing that is agreed by most independent analysts is that this is not sustainable […] Uefa’s new regs are about to be voted through, and they will change the whole face of footballThe last time I wrote about the new Champions League anti-financial-doping regulations that are being voted on today, 27th May, a lot of people wrote in saying that they had already been watered down, and wouldn’t work because clubs would find a way round them. I know it is bizarre for me, a person who […] Barcelona’s Unintended Prophet heralds the collapse of the Spanish EmpireDid Sandro Rosell unintentionally signal the hidden fear in Spanish football? Mike Urbanski Cesc is leaving. Or Cesc isn’t leaving. Barcelona say they can only pay £30m for Captain Fabulous. Arsenal are said to be demanding £80m. Cesc and Arsene have sat down and discussed his potential transfer to Barcelona. Or they haven’t sat down […] Catastrophists and doom mongers fail to come up with a coherent planA week or so back Untold published an article which revealed how a tiny group of people had created the doom and gloom movement at Arsenal by undertaking multiple postings from different email addresses. In that article and others I’ve tried to point out what I think are the complex interrelated issues that need exploration […] |
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