The on topic thread 3.0

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Who is in the wrong here?

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How is Perth this time of year?
Forgive him. Most people in WA have their phones turned off atm so that Simpson can’t call them about a West Coast call up.
 

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How quickly do they generally recover from that debt? Arsenal's stadium was a while ago.
Our stadium was completed in 2006. 400m pounds.

Think Wenger got a fair chunk of that paid off in his tenure. But interest on a loan of that size would be far beyond astronomical.
 
Our stadium was completed in 2006. 400m pounds.

Think Wenger got a fair chunk of that paid off in his tenure. But interest on a loan of that size would be far beyond astronomical.
Yep which is why I'm curious as to the calling out of clubs that recently built stadiums. That explains why they're there but it doesn't mean they'll come off that list anytime soon.
 
How quickly do they generally recover from that debt? Arsenal's stadium was a while ago.

Arsenal’s debt has considerably increased in the last 18 months or so - there was firstly a Covid related cashflow loan that has been converted into a facility from Barclay’s.

The Kroenke’s also refinanced the remaining stadium debt into that facility, which was increased again mid last year to allow the level of spending that Arsenal undertook last summer.

Arsenal also has recent habit of drawing a bag of cash to tell players to **** off. Willian, Ozil, Mustafi, Sokratis, Kolasinac amongst others and then Aubameyang in January. Those are decent chunks of money that eats into cashflow. Fair to say that method of contract management is not sustainable.

That’s likely why the current figure is as large as it is.
 
Arsenal’s debt has considerably increased in the last 18 months or so - there was firstly a Covid related cashflow loan that has been converted into a facility from Barclay’s.

The Kroenke’s also refinanced the remaining stadium debt into that facility, which was increased again mid last year to allow the level of spending that Arsenal undertook last summer.

Arsenal also has recent habit of drawing a bag of cash to tell players to duck off. Willian, Ozil, Mustafi, Sokratis, Kolasinac amongst others and then Aubameyang in January. Those are decent chunks of money that eats into cashflow. Fair to say that method of contract management is not sustainable.

That’s likely why the current figure is as large as it is.
That's an interesting point. What would the figure roughly be from those payouts? 50m?
 
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