bobbyowenquiff
Well-Known Member
You should not feel betrayed. The likes of Juventus and Bayern run a very similar model. Just tough for Arsenal that the likes of City and Chelsea have money without really earning. No other league has a situation like that in europe. Wenger said it himself when they started building the Emirates, that they did not expect the money side of football to increase the way it did (Chelsea) and then it increased further (City).
I am so intrigued to see what happens to arsenal because they have to spend money now to improve.
We are a sustainable club which has been in profit for four years. We make our money the same way as everyone else from TV, gate receipts, and commercial sponsors. In fact Arsenal receive more money from the Middle East via Emirates than we get from Etihad. The Sheikh has trebled his original investment. So, after the initial infrastucture investment, we have earned every penny we make from our onfield success.
Bayern's business model, and to a lesser extent Juve's, is built from exploiting other clubs in their respective leagues by holding them to ransom and taking all their best players. Bayern are a disgrace and that's why they are despised by all other German fans.
Arsenal have milked their own fans for every penny they can take and give to their rich owners. Unlike City they have invested virtually nothing into their local community. City have built schools and affordable homes. Arsenal added to the gentrification of Islington by building luxury flats at Highbury. They have driven away a lot of their working class fans. The business structure at Arsenal is also a disgrace.