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What The Arsenal Supporters Trust Have Said Which Simply Increases Fears Of Long Term Stagnation At Arsenal

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Anyone expecting an early Christmas in the transfer window needs to wake up quickly.

The thing we all have to acknowledge is that whoever owned Arsenal football club at this moment in time would be unable to operate it any differently given the circumstances.

I’m not suggesting we should accept Kroenke, buy him lavish gifts, serenade him and give him a big sloppy kiss, but it seems there is little alternative.

There are no bids on the table and even if someone bought Stan out lock, stock and barrel, there would be no more money to spend in the transfer window.

As I’ve been saying for months, especially towards the end of the season, Arsenal have to sell heavily to reinvest in the transfer window. The only problem with that is that their current assets aren’t really worth what they need to be, if they were Arsenal wouldn’t be selling them.

So, the much anticipated arrival of up to six new players may be nothing more than a pipe dream considering Arsenal only have £45m available.

I’m also of the opinion that this situation is something of a catch 22.

No champions league football equates to a huge drop in finances, which in turn mean a lack of investment in the transfer window. A lack of investment means that champions league football is less likely and so on.

In terms of Arsenal becoming competitive, they have to win something consistently and compete at the highest level and to be frank, that doesn’t look at all likely in our current position with our present circumstances.

This is also highlighted by the Arsenal Supporters trust (AST) who issues their ‘Analysis of Arsenal’s Financial Position’, which states:

‘To truly get the financial capacity to rejuvenate the squad, Arsenal need to get back in to the Champions league which would add some £50m to the bottom line net of wage increases (through a mix of commercial deal uplifts, higher ticket prices and the higher TV revenues on offer in the Champions league).  This would potentially allow bigger name signings to be made without big name sales to finance them’

It goes on:

‘There is a general misconception that Arsenal are debt free and sitting on spare cash.  This is incorrect.  The analysis of the May 2018 accounts published back in March showed that whilst there was substantial cash held at that time (£231m) it was largely spoken for’

And the summary concludes:

‘Arsenal are cash strapped, boxed in by FFP and saddled with existing debt obligations of £200m that would cost £250m to refinance early. Their rival clubs have much more free cash flow to invest in transfers and salaries and arguably start with stronger squads so it is going to be an uphill struggle to narrow the gap.’

Fears that Arsenal’s decline will be as swift as it is inevitable, will certainly increase with this report. Remember it’s independent and that it is able to represent the concerns of the club’s fans.

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The news is something every long suffering fan has suspected over 10 fruitless years and although I’m probably the single biggest anti Kroenke man on the planet, there’s nothing that can be done between the debt, loss of earnings, repayments, wages and FFP.

It looks bleak in one transfer window and only sustained success will turn it around. No pressure Unai.

Follow Arsedevils for more news and updates on Arsenal.

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Laurent Koscielny reprehensible behaviour has done Arsenal a massive favour

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Laurent Koscielny going on strike has done Arsenal a massive favour and forced the club to change its plans.

It really does appear that Unai Emery and the board had no intentions of bringing in a central defender. not going by the credible transfer reports we have been receiving.

It is fairly accepted that Dani Ceballos, Kieran Tierney, William Saliba, Everton Soares and Wilfried Zaha are the players the club are targeting.

Of those, only one is a central defender and he will not be available for a year.

Anyone watching the Arsenal mini-tour to the USA cannot fail to notice that the defence is still a shambles and that a central defender has to be the priority and it beggars belief that Arsenal has not clicked on to that.


Koscielny effectively going on strike leaves a huge gap at the back, he may not have played every game but he would have been significant throughout the season and he does need replacing.

If the club does not sign a central defender and goes with what we got then the consequences will be harsh and the fans will not forget, it would be negligence of the highest order.

Basically, the way I see it, if Koscielny would have stayed for another season the chances are no new central defender would have been brought in, that simply cannot be the case now.

So, in effect, the 33-year-old has done the club a massive favour even if they have not realised it yet.


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Photo: Man Utd stars dine out in Singapore

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After securing victory over Inter Milan in yesterday’s pre-season friendly, Manchester United’s players have been able to enjoy a bit of…

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So what should Arsenal do about Aubz and Laca’s contract situations?

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Anyone Else Worried About This? by Dan Smith

While I don’t believe the seriousness of the rumours linking Aubameyang with a move away it did remind me about his current situation. Maybe gooners are distracted by transfer talk, or maybe we want to pretend it’s not happening, but our two best players have less than two years left on their deals. It means this time next year Auba and Lacazette can either run down their contracts or be sold for a cut price fee.

Essentially, we will be back in the Sanchez/Ramsey saga, one which we promised would never happen again.
In Raul Sanllehi ‘s own words, the recruitment team will be stricter with those with less than 24 months left on, unwilling to lose any more value on assets. So, by that criteria, if the Gabon and/or French striker chose not to negotiate we would have to sell now?

It would be a PR disaster to send one of our stars to a rival, but fear of criticism was the reason we preferred to lose Sanchez for nothing. The notion was having the Chilean for one campaign was better than any money we could have received. By the next January we were all taking about the 60 million we turned our backs on for 4 months work.

So, should we pay over the odds to keep the duo? Most gooners would say yes but how much stick have we got for doing exactly that for Ozil? The German has had supporters turn against him for his salary of 350,000 when he has zero resale value. Our forward line is 30 and 28 respectively and will be fully aware that someone the same age deemed not as important as them is the highest earner.

So, do we continue to write cheques North of 300,000 pound a week or (like Rambo) insist on a threshold? We either cash in now (fans will be unhappy), let them leave as free agents in the future (fans will be unhappy), or give them a raise (which upsets your wage structure). I was just wondering if anyone else was worried about this, and if so, what’s your preference?


My view is if Auba don’t say yes in the 2 weeks we have to sell, don’t we?

Dan Smith


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