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Daniel Levy - Chairman

Robspur12 said:
So the implication in that statement is that it's all the different managers and players over the last 20 years who are at fault for not winning a trophy while Levy, the one constant during that time, has done a great job? I'm afraid that sounds almost cultish.
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Cultish? Nice one, thanks.
For a definitive exhibit of cultishness maybe have a look at the Poch thread. Mate.
 
Lilbaz said:
Every club has debt service. Every club owes money for players. But arsenal had a huge cash balance so the argument they couldn't spend because of the stadium is plain wrong.

He even said that even with that all taken into account they'd have £149m in the bank.
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You said:
‘They had to have cash reserves due to their agreements with the banks to secure the loans’.

However the cash reserves they had to hold to service those loans was £36.8m.
 
Robspur12 said:
So the implication in that statement is that it's all the different managers and players over the last 20 years who are at fault for not winning a trophy while Levy, the one constant during that time, has done a great job? I'm afraid that sounds almost cultish.
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I've called it a cult before. It didn't go down well. [emoji28][emoji1787]

Sent from my XQ-BC72 using Fapatalk
 
Finney Is Back said:
You said:
‘They had to have cash reserves due to their agreements with the banks to secure the loans’.

However the cash reserves they had to hold to service those loans was £36.8m.
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Read my post back. I said they had hoarded money for possible reasons. Either wenger was getting profit on player transfers. They needed cash in the bank for kronke to help secure loans (for the rams stadium) or a mixture.

I can't see any other reason why they would have hoarded so much cash at that time. Seeing as you even quoted, if they'd have paid off their liabilities they would still be left with £149m. Which at the time was huge money.
 
Lilbaz said:
Read my post back. I said they had hoarded money for possible reasons. Either wenger was getting profit on player transfers. They needed cash in the bank for kronke to help secure loans (for the rams stadium) or a mixture.

I can't see any other reason why they would have hoarded so much cash at that time. Seeing as you even quoted, if they'd have paid off their liabilities they would still be left with £149m. Which at the time was huge money.
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Ah I see, so you were guessing.
 
Robspur12 said:
Blimey little OTT with the reaction but whatever.
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Probably! It’s fair to say I was “tired and emotional”. THFC does have an impact on my mood (which isn’t good) and though I agree with the decision to sell Kane it felt like something significant ended yesterday. I won’t get into the pro and anti Levy arguments as I’m bored with them but I object to being labelled as cultish. That said, I used the same term in relation to those who strenuously reject any criticism of Poch so I’m not in a position to complain.
Anyway, here’s to the future! Onwards and sideways..
 
Mcfee said:
Probably! It’s fair to say I was “tired and emotional”. THFC does have an impact on my mood (which isn’t good) and though I agree with the decision to sell Kane it felt like something significant ended yesterday. I won’t get into the pro and anti Levy arguments as I’m bored with them but I object to being labelled as cultish. That said, I used the same term in relation to those who strenuously reject any criticism of Poch so I’m not in a position to complain.
Anyway, here’s to the future! Onwards and sideways..
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No worries at all mate, look after yourself. Ive managed to tame the impact THFC have on me mostly because I wanted to be better to my family. It's not easy though.
 
Benny_Lad said:
The guy who installed the same style of manager 3 times running - despite it stinking the place out and not working any of the times?

Our idea of “good at their jobs” varies quite considerably.
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Jose and Conte most of the fans agreed with. We were getting mocked from then that we weren’t winning anything, so Levy listened to our fans and got in “winners”. Jose was humstrung by Covid that restricted what we could offer him in terms of transfer budget - because you know Covid and we had no idea when it would end. But Conte was backed, only the most idiotic “levy out” douches would disagree
 
Benny_Lad said:
The guy who installed the same style of manager 3 times running - despite it stinking the place out and not working any of the times?

Our idea of “good at their jobs” varies quite considerably.
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It’s a popular narrative but Conte wasn’t a disaster. He got us top 4 after inheriting an absolute brickshow. He also had us top 4 when he left. Granted, it was a bit of a false position for various reasons but we undoubtedly were worse off after he went.

Yeah, the football was eyesore stuff at times and he combusted spectacularly at the end. But it was always going to end like that with Conte. It just happened a bit sooner than most of us expected.

He did pretty well for us to be honest but the way he conducted himself towards the end will always leave a very sour taste.
 
Same with Mourinho. I don't think they did badly considering the quality of the squad and even poorer incomings. Spencer being on the transfer list now speaks volumes. They didn't get the quality they'll needed and could only beat a dying horse so far.

It was all very very lopsided with Mourinho and Conte...investing heavily in either the coach or the squad but not both.

Failed experiment I guess. Maybe now we have a cheap manager we will see much heavier investments in the squad and hopefully Ange turns out fine.

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DTA said:
Jose and Conte most of the fans agreed with. We were getting mocked from then that we weren’t winning anything, so Levy listened to our fans and got in “winners”. Jose was humstrung by Covid that restricted what we could offer him in terms of transfer budget - because you know Covid and we had no idea when it would end. But Conte was backed, only the most idiotic “levy out” douches would disagree
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Sorry mate, this is not true.
I thought M*&^$%&* was a terrible appt; only because I support the club did I give him my 'backing' (albeit with plenty of criticism)...Conte? Yes. I was desperate. I actually look back now and question myself on that one. I knew how it would end yet refused to accept it. I even conned myself into thinking it could be 'different' with us. More fool me. People complain about many things with this club, my two biggest modern era complaints remain Levy's treatment of Poch and Levy's failure to recognise what he had with Poch. Oh, and a third. Hiring that absolute thunderclam to follow Poch, a move which gutted the club's personality for several years...
 
thfcsteff said:
Sorry mate, this is not true.
I thought M*&^$%&* was a terrible appt; only because I support the club did I give him my 'backing' (albeit with plenty of criticism)...Conte? Yes. I was desperate. I actually look back now and question myself on that one. I knew how it would end yet refused to accept it. I even conned myself into thinking it could be 'different' with us. More fool me. People complain about many things with this club, my two biggest modern era complaints remain Levy's treatment of Poch and Levy's failure to recognise what he had with Poch. Oh, and a third. Hiring that absolute thunderclam to follow Poch, a move which gutted the club's personality for several years...
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To be fair Steff, a lot of fans did agree with both appointments (me included). There were also a bunch of people warning about both and who, in fairness, predicted very accurately how both reigns would pan out.

I can see the logic in why Levy went for Mourinho and Conte. It turns out he was wrong.
 
thfcsteff said:
Sorry mate, this is not true.
I thought M*&^$%&* was a terrible appt; only because I support the club did I give him my 'backing' (albeit with plenty of criticism)...Conte? Yes. I was desperate. I actually look back now and question myself on that one. I knew how it would end yet refused to accept it. I even conned myself into thinking it could be 'different' with us. More fool me. People complain about many things with this club, my two biggest modern era complaints remain Levy's treatment of Poch and Levy's failure to recognise what he had with Poch. Oh, and a third. Hiring that absolute thunderclam to follow Poch, a move which gutted the club's personality for several years...
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I think many, including me, applied your logic for Mourinho as well. A big mistake but on the back of a Champions League final and a very talented squad that was not performing at all, someone with Mourinho's CV seemed to make sense at the time.
 
Lilbaz said:
I just wasn't accepting the argument arsenal couldn't buy players because of their new stadium. It was always a bs argument. They had money to spend.
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I agree with you there…. Wasn’t their ownership structure a bit complicated at the time with both Usmanov and Kroenke holding large portions of shares?

I think there were also stories of money being there for Wenger to spend but him choosing not to spend it.

Your statement about Arsenal holding cash to underwrite the Rams stadium is wide of the mark I think. I’ve owned minority, majority and (effective) full stakes in many companies and have never had to hold cash reserves in one limited company for the sake of another.
 
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thfcsteff said:
Sorry mate, this is not true.
I thought M*&^$%&* was a terrible appt; only because I support the club did I give him my 'backing' (albeit with plenty of criticism)...Conte? Yes. I was desperate. I actually look back now and question myself on that one. I knew how it would end yet refused to accept it. I even conned myself into thinking it could be 'different' with us. More fool me. People complain about many things with this club, my two biggest modern era complaints remain Levy's treatment of Poch and Levy's failure to recognise what he had with Poch. Oh, and a third. Hiring that absolute thunderclam to follow Poch, a move which gutted the club's personality for several years...
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The absolute neglect of the scouting and recruitment departments was an even bigger issue. If the CEO wasn’t also the minority owner or the majority owner cared about the football club winning instead of only his net worth then the CEO would’ve lost his job IMO.
 
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