Arsenal cash in the bank for summer.
Posted by: Boston Gooner (IP Logged)
Date: 13 February, 2020 13:49

Manchester United and Arsenal are ostensibly swimming in available cash according to a new report by football finance experts Soccerex.

The company’s annual Football Finance 100 ranks the financial power of the world’s biggest clubs and includes many categories such as ‘cash in the bank.

United’s commercial success clearly comes into play on the rankings with the Red Devils reportedly having £273.5m in the bank.

They are closely followed by Arsenal who, despite claiming to not have much money to spend in January, are sitting healthily in the black with £261.5m.

Bayern Munich are then the only other club in world football with more £200m in dry powder as the Bavarians plan to continue their overhaul in the summer.

Real Madrid, another global brand, have just under £200m in reserves with Paris Saint-Germain £52m behind.

Athletic Bilbao surprisingly make it into the top 10 with £132m as well as Napoli who are close behind despite sitting 11th in Serie A.

Tottenham are the only other Premier League club with cash in the bank which exceeds £100m.

Lille and Seville then finish off the list with both foreign sides having more than £60m to spend.

The report states: “The management of tangible assets and cash in bank are fundamental for the most efficient and productive management of the entire business. The actual transformation of assets into revenue depends on many factors (some unpredictable).

“Many clubs have turned into economic powerhouses precisely because they have been able to increase the return of investment to their shareholders, thanks to asset growth.”

P iss the fans off even more.



https://i.postimg.cc/dtJGMW0K/roastspurs.gif



Edited 1 time(s). Last edit at 13/02/2020 13:51 by Boston Gooner.

Re: Arsenal cash in the bank for summer.
Posted by: CazOnARola (IP Logged)
Date: 13 February, 2020 14:10

Cash reserves are needed else a company can go bankrupt if cash flows drop. When we made the 27mn loss this year, that extra money would have come from the bank.

Plus as per FFP, a club cannot continue to make losses. I don't remember the rules, but one has to be profitable within 5 years of making a loss of something like that again.

We will most likely post another loss next year unless we reduce our wage bill significantly. We will be out of Europe completely so thats another 15-20mn home from the europa money.

Re: Arsenal cash in the bank for summer.
Posted by: Boston Gooner (IP Logged)
Date: 13 February, 2020 15:01

Agree with what you say Caz.

But the fans seeing that amount in the bank will not be happy.
And other clubs with less or nothing in the bank still spend.



https://i.postimg.cc/dtJGMW0K/roastspurs.gif

Re: Arsenal cash in the bank for summer.
Posted by: CazOnARola (IP Logged)
Date: 13 February, 2020 16:01

Quote:
Boston Gooner
Agree with what you say Caz.
But the fans seeing that amount in the bank will not be happy.
And other clubs with less or nothing in the bank still spend.
Completely agree. They are winding up the fans. Going on for a while now. Even during wenger days, nobody talked about the cash reserves being an insurance in case we don't get champions league money or get knocked out in the group stages.

We were servicing two loans 1) highbury redevelopment 135mn is so payable by 5/6 years i think 2) 30mn per long term loan for building emirates payable over 25 years of something.
Effectively we had to cough up 55mn per season. TV money wasn't as big then.

Of course journos used to wind arsenal fans up all the time and they still do.

Fans will be baying for blood of course.

The only way we could have become big was if the owners invested their own money while FFP was not a thing.

Now of course its too late. We have to rely on commercial deals, shrewd transfers and a great scouting network.

Unless of course kronke decides that Walmart needs to be on our jersey and pays double of what Rwanda is paying us smiling smiley



Edited 2 time(s). Last edit at 14/02/2020 04:19 by CazOnARola.

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