AST Meeting Highlights

Courtesy: Ashburton Groove blog.

Fanshare and shareholdings

* 2,000 members investing nearly £1m in fan shares. However it is hitting major problems because of the lack of shares on the open market. The scheme won't have a future unless either of the major shareholders sell to Fanshare or the club sell directly to Fanshare a set amount of shares which won't reduce the shareholdings of either KSE or Red and White.

* A pause in collecting new money from members may have to be considered if shares are not made available.

* Red and White has agreed to sell Arsenal Fanshare the same amount of shares as KSE are willing to sell.

* Gazidis believes Arsenal are taking a hammering in the press and can't do anything right at the moment.

* Arsenal board were forced to sell their shares to Kroenke even if they didn't want to.

* Lady Nina was asking for £15k a share prior to her decision to sell to KSE, for less than she was asking for.

Finances

* The club made £15m profit from the transfer window.

* This means there is roughly £50m in the Transfer Proceeds Account (TPA).

* Arsenal out performed where we should have finished in the Premier League because our wage spend was 5th largest and we finished 4th.

* Abou Diaby on £60k is paid more than Luka Modric on £48k.

* The summer of 2014 is when the shirt/naming rights and the shirt manufacturing come up for renewal.

* At the moment the deals with Emirates and Nike are delivering £15m in revenue, although we had the Emirates cash up front.

* The market figure for Liverpool/Manchester United is around £50m.

* Arsenal's commercial income was £40m. Manchester United have just posted results for more than £100m in the same category.

* There doesn't appear to be a strategy to decrease the gap in terms of wage budget until the Nike/Emirates contracts come up for renewal.

* Kroenke doesn't appear to be willing to bridge the gap between now and 2014 when the contracts are coming up for renewals.

* Arsenal's results until the end of May will be announced in two weeks.

* Gazidis says the club are in a very strong position cash wise, with money to spend.

* The stadium debt is around £5m a year for the next 25 years.

* There is no property debt, just stadium debt.

* £25m is owed to people who have the A, B, C and D bonds.

* The debt service is fixed at £20m a year.

* If you were to wipe the debt out you would have an extra £20m from your revenue to spend on player's wages.

* Three new commercial partners have been signed. Carlsberg, Indesit and Betsson.

Transfers

* The managers was happy with the transfer business we conducted in June/July/August when we signed Gervinho, Carl Jenkinson, Alex Oxlade-Chamberlain, Joel Campbell and were granted a work permit for Ryo Miyaichi.

* Arsenal could have brought a £35m player but chose not to.

* Mikel Arteta will cost Arsenal £25m because he has no resale value. The player didn't take a pay cut to come to move to north London. Arsenal made up the difference by adding more years to the deal he was on at Everton.

* Arteta's signing is a change of strategy from Arsenal.

* The club are watching up to 70 players at one time.

* Arsenal were able to get such an exceptional price for Samir Nasri because of Roberto Mancini's comments to the media about the player to the media. Arsenal could have reported them to the FA for openly tapping up the player.

* The club say they managed to secure around £10m more than Barcelona were willing to pay for Cesc Fabregas by holding out for as long as they did. This was because neither Barcelona nor Fabregas would play ball with Arsenal.

Just noticed another version of this was at the lobby..

They still didn't pay enough for Cesc.

beatrixasdfghjk. wrote:They still didn't pay enough for Cesc.

They were going to pay 10 million lesser. Think about that. I lost some serious respect for Cesc when I read that. Kinda adds to the speculations of him putting up a strike for getting his move through.

Didn't Fabregas say Wenger was the only reason he left?

beatrixasdfghjk. wrote:Didn't Fabregas say Wenger was the only reason he left?

That sounds wrong.. He said AW helped him move for a lower fee by convincing the board to let him go.. Ergo, AW was happy to get rid of him for lower price than let him stay here at 110k p/w with no heart to play..

So we blackmailed City into paying 25 million more? Awesome

Iceman wrote:So we blackmailed City into paying 25 million more? Awesome

we blackmailed City into paying 25 million for a player who got injured for 2 month i guess

Fabregas' Twitter: & of course GL to the Arsenal tonite!!

Why is Diaby not paying us for the medical help he is getting at Arsenal?

Raptorgunner wrote:Why is Diaby not paying us for the medical help he is getting at Arsenal?

that wouldn't be much anyway lol

so Barca offered less then 20 for Cesc.....

and dam are we so far in behind with our deals with nike and emirates....we could be making 35mil from them....

beatrixasdfghjk. wrote:Fabregas' Twitter: & of course GL to the Arsenal tonite!!

bad liitle dogie u fabregas u noob u left us u should get injured soon, u are judas u tricked ur father arsene wenger