Wages

comment by FFS.. 2 more years... (U10012)
posted 25 seconds ago
comment by Gillespie Rd. (U18361)
posted 7 minutes ago
".........The Premier League has new cost control measures, coming into force this summer, which are shaping Arsenal’s thinking. The rules say that a club’s wage bill should not be more than £7m more than it was in 2016-17, or £19m more than from the 2012-13 season. If it does increase beyond that limit, the money can only come from external sources such as player sales, ticketing or commercial money, rather than Premier League central funds.........."

http://www.independent.co.uk/sport/football/transfers/arsenal-transfer-news-summer-sell-out-tie-alexis-sanchez-mesut-ozil-new-contract-a7803741.html
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Thanks Gill

Yes, that's the article I saw previously.
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Some of the lads at the AST look like they're pretty good at this financial stuff.

I loved the video they did at the end of the season.

https://youtu.be/MMh0gVKwslI

Actually I am not surprised that even reputable sites are not doing their homework are worse purposely misleading for click bait.

comment by LQ (U6305)
posted 15 minutes ago
Does a lower wage but with bonuses not solve that problem?
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It all adds up in the end. We're probably going to end up with a higher profit margin as a result of not paying Champions League bonuses.

Makes you want to cry at times.

comment by Jenius99 (U4918)
posted 9 minutes ago
comment by Gillespie Rd. (U18361)
posted 3 minutes ago
".........The Premier League has new cost control measures, coming into force this summer, which are shaping Arsenal’s thinking. The rules say that a club’s wage bill should not be more than £7m more than it was in 2016-17, or £19m more than from the 2012-13 season. If it does increase beyond that limit, the money can only come from external sources such as player sales, ticketing or commercial money, rather than Premier League central funds.........."

http://www.independent.co.uk/sport/football/transfers/arsenal-transfer-news-summer-sell-out-tie-alexis-sanchez-mesut-ozil-new-contract-a7803741.html
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It doesn't apply to us and a misunderstanding of the rules to make a story. Very simply our turnover was already over £350m before the TV deal. So we can take any portion of that and say that is commercial income and any new spend is from our present income. The money from the TV deal is reserved for infrastructure spend. Keep in mind Arsenal already have £170m+ in capital reserves. This was the point I was making earlier when discussing if we can afford Mbappe. And in reality we are a part of the very select clubs who can because of the cash reserves.

The rules are geared for clubs like West Ham and Everton who had problems under FFP because their wages were to a high a portion of their turnover.
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That's one way of looking at it. Mine's a bit more cynical.

The way I see it, the billionaire club owners have managed to land a massive financial whale and then put in a few stipulations to avoid the obvious obligation by the fans to spend it all.

It will all end up as guaranteed ring-fenced profit.

comment by Gillespie Rd. (U18361)
posted 20 minutes ago
comment by Jenius99 (U4918)
posted 9 minutes ago
comment by Gillespie Rd. (U18361)
posted 3 minutes ago
".........The Premier League has new cost control measures, coming into force this summer, which are shaping Arsenal’s thinking. The rules say that a club’s wage bill should not be more than £7m more than it was in 2016-17, or £19m more than from the 2012-13 season. If it does increase beyond that limit, the money can only come from external sources such as player sales, ticketing or commercial money, rather than Premier League central funds.........."

http://www.independent.co.uk/sport/football/transfers/arsenal-transfer-news-summer-sell-out-tie-alexis-sanchez-mesut-ozil-new-contract-a7803741.html
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It doesn't apply to us and a misunderstanding of the rules to make a story. Very simply our turnover was already over £350m before the TV deal. So we can take any portion of that and say that is commercial income and any new spend is from our present income. The money from the TV deal is reserved for infrastructure spend. Keep in mind Arsenal already have £170m+ in capital reserves. This was the point I was making earlier when discussing if we can afford Mbappe. And in reality we are a part of the very select clubs who can because of the cash reserves.

The rules are geared for clubs like West Ham and Everton who had problems under FFP because their wages were to a high a portion of their turnover.
----------------------------------------------------------------------
That's one way of looking at it. Mine's a bit more cynical.

The way I see it, the billionaire club owners have managed to land a massive financial whale and then put in a few stipulations to avoid the obvious obligation by the fans to spend it all.

It will all end up as guaranteed ring-fenced profit.
----------------------------------------------------------------------

Trust me. Declaring profits is something you do NOT want to do. Apart from the very bad optics, you also have to pay tax. What Kroenke wants is for the value of Arsenal to go up to either borrow against it or to sell it to Usmanov. The rules really don't apply to clubs who already have very good wage to turnover ratios. Its a naughty article aimed at most who do not understand corporate financing.

Calm down guys...there must be ways in financial world to beat this. It's not end of the world...

What's the worst that will happen if we break to rule? Get a measly fine who gives a fack. When you have teams like City/United/Chelsea buying who they please why pick on us.

If those 2 tax frauds can play without being jailed then I am sure Arsenal can manage their ways around this wage bill cap craapp.

comment by Gillespie Rd. (U18361)
posted 1 hour, 33 minutes ago
comment by LQ (U6305)
posted 15 minutes ago
Does a lower wage but with bonuses not solve that problem?
----------------------------------------------------------------------
It all adds up in the end. We're probably going to end up with a higher profit margin as a result of not paying Champions League bonuses.

Makes you want to cry at times.
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Wierd isn't it

Whinger in.