Never Mind Those Confused Dolts At The Arsenal Supporter's Trust (LOL)

[jenny_jenkins]

Swiss Ramble has published on Arsenal!

Yeeeeeeeeeeeeeeaaaaaaaaaaaaaaaaaaaaaaaaaaaaah!

CLICK ME TO READ

That is all.

AND THERE ARE GRAPHS AND SHIT PEOPLE

Comments

[the4thjuliek]

Yeah, we're not in the red for the 12th year running! Only top 4 team!

Yaaaaay!

I also loved this delightful paragraph:

"That would still be lower than the last reported wage bills of Manchester City £233 million and Manchester United £215 million, but would be more than Chelsea’s £173 million and Liverpool’s £133 million. What will be particularly interesting is the impact that FFP has on clubs like Manchester City, who admitted this was the reason they loaned Negredo to Valencia in the summer, and Chelsea, whose wage bill seems to have stalled and whose manager Jose Mourinho can (incredibly) now be counted among its fiercest exponents - at least when discussing City.

Enough of the profit and loss account, the main financial topic on the lips of Arsenal fans these days is that huge cash balance. Guess what? It’s gone up again, rising another £55 million in the last 12 months from £153 million to £208 million. For some reason the club’s headline statement insists on reporting this as net of debt service reserves of £35 million, giving the widely reported figure of £173 million, but the actual cash balance is indeed north of £200 million.

To place that into context, the next highest cash balances in the Premier League in the 2012/13 season were Manchester United £94 million, Chelsea £26 million and Southampton £14 million. Since then, United’s 2013/14 balance has come down to £66 million, so Arsenal’s cash balance really is in a class of its own, over three times as much as the next highest figure."