And hasn't spent £1 of his own money since he arrived in 2007?
______________
Probably why he's worth as much as he is...
comment by Alisson Chains (U3979)
posted 5 minutes ago
And hasn't spent £1 of his own money since he arrived in 2007?
______________
Probably why he's worth as much as he is...
----------------------------------------------------------------------
This.
Some of the richest people I've met usually hate spending money and always look for freebies.
How much has he been taking out the club?
What’s the point in buying a football club if you don’t really have any interest seeing that team improve on the pitch. Surely that’s the enjoyment of own a sports team. Maybe he should just feck off and buy HMV instead
How much has he been taking out the club?
==========
Nothing up to now, although there is the £3M consultation fees which always looked suspect.
But he has now full control of the club and doesn't have to publish accounts anymore so god knows what will happen.
Look an investment of €150-€200 Million would be nothing to him over next 1-2 years.
Could
A - Greatly improve team.
B - Make fans happy (paying the extortionate prices Arsenal charge)
C - Guarantee competitiveness with Top Teams
I.e. Not losing 5-1 every facking time they face a decent side
Dummy.
comment by A Catalyst For Change (U7080)
posted 7 minutes ago
How much has he been taking out the club?
What’s the point in buying a football club if you don’t really have any interest seeing that team improve on the pitch. Surely that’s the enjoyment of own a sports team. Maybe he should just feck off and buy HMV instead
----------------------------------------------------------------------
It's an investment, not a play thing.
comment by A Catalyst For Change (U7080)
posted 7 minutes ago
How much has he been taking out the club?
What’s the point in buying a football club if you don’t really have any interest seeing that team improve on the pitch. Surely that’s the enjoyment of own a sports team. Maybe he should just feck off and buy HMV instead
----------------------------------------------------------------------
He isnt a football fan.
Probably why he's worth as much as he is...
------------------
he could spend 100 thousand every day and his bank balance would still go up
comment by United_kaz (U9943)
posted 1 minute ago
Probably why he's worth as much as he is...
------------------
he could spend 100 thousand every day and his bank balance would still go up
----------------------------------------------------------------------
But it would go up by 100,000 less.
Isn’t this his net worth, mainly due to the assets in his portfolio? As I understand it he’s not a cash rich billionaire and is why he borrows against his assets.
comment by Ed The King Woodward (U10026)
posted 1 minute ago
Isn’t this his net worth, mainly due to the assets in his portfolio? As I understand it he’s not a cash rich billionaire and is why he borrows against his assets.
----------------------------------------------------------------------
think you're right.
Similar to the Glazers. Their wealth is in their assets, which is why they don’t invest their own money in players for the clubs.
People see billionare and think Roman and Mansour, but they are far richer with completely different models of running their teams.
comment by Gunnerthru (U6675)
posted 21 minutes ago
comment by A Catalyst For Change (U7080)
posted 7 minutes ago
How much has he been taking out the club?
What’s the point in buying a football club if you don’t really have any interest seeing that team improve on the pitch. Surely that’s the enjoyment of own a sports team. Maybe he should just feck off and buy HMV instead
----------------------------------------------------------------------
He isnt a football fan.
----------------------------------------------------------------------
I know. Just Seems pointless investing in a football team team if you’re not a football fan. Not exactly the best business to make a fortune from,
I’d like to know what his actual plans are. If he’s not that interested in football, is he just waiting for shares to go up much as possible then sell the club for more than be bought it. For that to happen we’ll need to start being competitive on the pitch as well
I know. Just Seems pointless investing in a football team team if you’re not a football fan. Not exactly the best business to make a fortune from,
---------------
The club value has almost double since he took over. Share prices were around £15k when now, there are between 25k to 30K. No too bad of a profit if you ask me.
What is Arsenal’s share price compared to when he bought you? We aren’t as successful on the pitch byt ours is far higher than when the Glazers bought us. Which is why they floated on the stock exchange to recoup some monies.
But it would go up by 100,000 less.
---------------
yes but him not spending anything wouldn't make him not rich
Yet DJ and many others think he's not to blame
He's not to blame unless he scouted Xhaka, Mustafi, Ozil and all the rest of the dross we've accumulated, we've spend loads in the last 5 years. Not sure why fans are expecting Kroenke to invest personally though as he's always said about us being self sustaining.
The reason we have that dross is because we are not in for the very best players who cost more than dross like mustafi and xhaka.
Keita can't even start for Liverpool and cost over 50 mil. That's the doff
mustafi + xhaka are flops and aren't worth near what we paid for them, how have Spurs managed to build a better squad than us spending much less? Liverpool got in Milner, Robertson, Gomez for next to nothing, big buys like VVD, Salah have come off and players like Wijnaldum, Mane who were performing in the PL. There's decent cheaper players out there if the scouting is proper. Flops like keita happen sometimes (wouldn't call him a flop just yet though) but Liverpool haven't had many, we've had loads that's the difference. Our player recruitment is so bad in the last few years, the majority of players are a waste of money and there's very few you can say are a 100% success. Torreira, Sanchez maybe and that's about it. And we've traded Sanchez for Mkhi it's a real shame that we spent years balancing to books only to them throw all the money away on so many useless flops I really can't stand seeing in an Arsenal shirt.
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Kroenke worth 7 Billion
Page 1 of 1
posted on 3/1/19
And hasn't spent £1 of his own money since he arrived in 2007?
______________
Probably why he's worth as much as he is...
posted on 3/1/19
comment by Alisson Chains (U3979)
posted 5 minutes ago
And hasn't spent £1 of his own money since he arrived in 2007?
______________
Probably why he's worth as much as he is...
----------------------------------------------------------------------
This.
Some of the richest people I've met usually hate spending money and always look for freebies.
posted on 3/1/19
How much has he been taking out the club?
What’s the point in buying a football club if you don’t really have any interest seeing that team improve on the pitch. Surely that’s the enjoyment of own a sports team. Maybe he should just feck off and buy HMV instead
posted on 3/1/19
How much has he been taking out the club?
==========
Nothing up to now, although there is the £3M consultation fees which always looked suspect.
But he has now full control of the club and doesn't have to publish accounts anymore so god knows what will happen.
posted on 3/1/19
Look an investment of €150-€200 Million would be nothing to him over next 1-2 years.
Could
A - Greatly improve team.
B - Make fans happy (paying the extortionate prices Arsenal charge)
C - Guarantee competitiveness with Top Teams
I.e. Not losing 5-1 every facking time they face a decent side
Dummy.
posted on 3/1/19
comment by A Catalyst For Change (U7080)
posted 7 minutes ago
How much has he been taking out the club?
What’s the point in buying a football club if you don’t really have any interest seeing that team improve on the pitch. Surely that’s the enjoyment of own a sports team. Maybe he should just feck off and buy HMV instead
----------------------------------------------------------------------
It's an investment, not a play thing.
posted on 3/1/19
comment by A Catalyst For Change (U7080)
posted 7 minutes ago
How much has he been taking out the club?
What’s the point in buying a football club if you don’t really have any interest seeing that team improve on the pitch. Surely that’s the enjoyment of own a sports team. Maybe he should just feck off and buy HMV instead
----------------------------------------------------------------------
He isnt a football fan.
posted on 3/1/19
Probably why he's worth as much as he is...
------------------
he could spend 100 thousand every day and his bank balance would still go up
posted on 3/1/19
comment by United_kaz (U9943)
posted 1 minute ago
Probably why he's worth as much as he is...
------------------
he could spend 100 thousand every day and his bank balance would still go up
----------------------------------------------------------------------
But it would go up by 100,000 less.
posted on 3/1/19
Isn’t this his net worth, mainly due to the assets in his portfolio? As I understand it he’s not a cash rich billionaire and is why he borrows against his assets.
posted on 3/1/19
comment by Ed The King Woodward (U10026)
posted 1 minute ago
Isn’t this his net worth, mainly due to the assets in his portfolio? As I understand it he’s not a cash rich billionaire and is why he borrows against his assets.
----------------------------------------------------------------------
think you're right.
posted on 3/1/19
Similar to the Glazers. Their wealth is in their assets, which is why they don’t invest their own money in players for the clubs.
People see billionare and think Roman and Mansour, but they are far richer with completely different models of running their teams.
posted on 3/1/19
comment by Gunnerthru (U6675)
posted 21 minutes ago
comment by A Catalyst For Change (U7080)
posted 7 minutes ago
How much has he been taking out the club?
What’s the point in buying a football club if you don’t really have any interest seeing that team improve on the pitch. Surely that’s the enjoyment of own a sports team. Maybe he should just feck off and buy HMV instead
----------------------------------------------------------------------
He isnt a football fan.
----------------------------------------------------------------------
I know. Just Seems pointless investing in a football team team if you’re not a football fan. Not exactly the best business to make a fortune from,
I’d like to know what his actual plans are. If he’s not that interested in football, is he just waiting for shares to go up much as possible then sell the club for more than be bought it. For that to happen we’ll need to start being competitive on the pitch as well
posted on 3/1/19
I know. Just Seems pointless investing in a football team team if you’re not a football fan. Not exactly the best business to make a fortune from,
---------------
The club value has almost double since he took over. Share prices were around £15k when now, there are between 25k to 30K. No too bad of a profit if you ask me.
posted on 3/1/19
What is Arsenal’s share price compared to when he bought you? We aren’t as successful on the pitch byt ours is far higher than when the Glazers bought us. Which is why they floated on the stock exchange to recoup some monies.
posted on 3/1/19
But it would go up by 100,000 less.
---------------
yes but him not spending anything wouldn't make him not rich
posted on 3/1/19
Yet DJ and many others think he's not to blame
posted on 3/1/19
He's not to blame unless he scouted Xhaka, Mustafi, Ozil and all the rest of the dross we've accumulated, we've spend loads in the last 5 years. Not sure why fans are expecting Kroenke to invest personally though as he's always said about us being self sustaining.
posted on 3/1/19
The reason we have that dross is because we are not in for the very best players who cost more than dross like mustafi and xhaka.
Keita can't even start for Liverpool and cost over 50 mil. That's the doff
posted on 3/1/19
mustafi + xhaka are flops and aren't worth near what we paid for them, how have Spurs managed to build a better squad than us spending much less? Liverpool got in Milner, Robertson, Gomez for next to nothing, big buys like VVD, Salah have come off and players like Wijnaldum, Mane who were performing in the PL. There's decent cheaper players out there if the scouting is proper. Flops like keita happen sometimes (wouldn't call him a flop just yet though) but Liverpool haven't had many, we've had loads that's the difference. Our player recruitment is so bad in the last few years, the majority of players are a waste of money and there's very few you can say are a 100% success. Torreira, Sanchez maybe and that's about it. And we've traded Sanchez for Mkhi it's a real shame that we spent years balancing to books only to them throw all the money away on so many useless flops I really can't stand seeing in an Arsenal shirt.
Page 1 of 1