I’m not a fan of the Kroenkes, but don’t really think they were the real problem this year. After a high level of activity in the prior year, player trading activity for 2019/20 was fairly limited. I have watched footy for many years and I have never seen open spaces like these bunch of fucks leave for opposition teams to break forward into. Hope Liverpool loses ?too now(I dont want them going unbeaten, after all, thats all we have?). but that only works if we are consistently successful. (Use attachments if necessary. Premier League clubs’ record £4.8bn revenues widens gap … Why did we have to end up with owners that don’t care/love football or winning? Arsenal Holdings plc - Financial results for the six months ended Nov 30 2017. It seems clear that Auba will/was always to go to bring in/offset Pepe’s cost? Arsenal Ownership Arsenal Holdings PLC is 100% owned by KSE Inc UK (registered in Delaware, owned by US resident Stan Kroenke). pitch. 2013. Stan was very rich by normal standards, but nowhere near the category of wealth needed to buy an NFL team or a club like Arsenal. I still believe he can do a job. Permission to use quotations from this article is granted subject to appropriate credit being given to www.arsenal.com as the source. These are the first set of financial results for ‘Arsenal Football Club PLC’ under the private ownership of Stan Kroenke’s KSE and have been made available via Companies House. Absent at all times except for his rat faced bastard son lingering around like an old fart. Sometimes I think he is a better option as RB then Chambers. Following additions to player registrations at a cost of £99.0 million and amortisation charges, the book value of intangible fixed assets (player registrations) was increased to £240.3 million (2018 - £238.2 million). Stadium Tours – tickets valid until Dec 2021, Operating profit before exceptional costs and player trading, Amortisation and impairment of player registrations, Sale of player registrations / Loan of players. And/Or then put some money into an actually good and available Cback for now. for THE ARSENAL FOOTBALL CLUB PUBLIC LIMITED COMPANY (00109244) People. Wenger built the club up on his continued CL qualification and early success which afforded us the ability to attract loans for a self build project. Your Financial Statement Arsenal. After his marriage, his real estate developments were, for the most part, connected to, and dependent on, the presence of Walmart superstores. So he can never really lose money owning Arsenal. We bought him a energiser bunny (Torriera). -. He’s working his way out of the team. rsenal are to make 55 redundancies due to the financial impact of the coronavirus pandemic. Not considering the possible impact of relegation to the championship as another potential down turn in club revenue then big and little Enos??? Arsenal have published their financial results for the year ended 31 May 2019. Isn’t it just dandy….. Jose, a cancer to football, being listened to again. Each year Everton Football Club publishes its annual report and statement of accounts. The club has now filed its accounts for the financial year ended May 31, 2019. Arsenal release financial results for 2018/19. 2016. City, PSG, ( to some extent, Liverpool), Chelsea, Monaco for a while etc, don’t seem to give a rat’s ass about FFP, frankly, no one does, that’s football politics, selective targets depending on either the stature of a club or who owns it! Incompetent players. Filing historyfor THE ARSENAL FOOTBALL CLUB PUBLIC LIMITED COMPANY (00109244) … What they really should have done was try and get Campos at LOSC instead of Mslintat then Sanlehi. An additional loan in the 2020 financial statements is a £175m loan Spurs obtained from the Bank of England as a financial buffer due to Covid-19. Although Arsenal published its 2016/17 financial report in late 2017 Liverpool has yet to publish its accounts. Corporate. For 2019/20 we will see increased commercial revenues from Adidas and our renewed deal with Emirates but another season outside the Champions League will continue to apply pressure to our financial results.”, Arsenal Holdings Ltd YE 31-5-19 group accounts. We look forward to his analysis. The result for the year can be broken down into the following key components: 2019. Arsenal’s debt commitments Arsenal’s big three debt commitments are: Fixed rate bonds (£122m) costing 5.8% pa and amortising at an increasing rate starting from £9m in … Only other solution is another billionaire to take over but that is either a)likely to not happen and b) will likely be another highly suspect individual. We should be selecting that XI in our next match- since they actually seem to have some sort of organization and positional awareness. This course is designed to give business owners, managers, and other non-financial professionals an arsenal of tools for understanding, analyzing, and interpreting financial statements. @AAllenSport. audited financial statements, require any company that falls within any of the following categories in any particular financial year to have its financial statements audited: (a) Any profit or non-profit company if, in the ordinary course of its primary activities, it holds assets in a … His wife is a Walton heiress. be outside the top Euro 20 clubs. Her family owns Walmart and she is very rich. Premier League Handbook 2019/20 Published: 2 August 2019 Updated: 6 February 2020 Size: 98.2MB Download PDF >> Premier League 2 Handbook 2019/20 Published: 10 August 2019 Size: 0.4MB Download PDF >> U18 Premier League Handbook 2019/20 Published: 10 August 2019 Size: 0.3MB Download PDF >> Youth Development Rules 2019/20 Published: 26 July 2019 Size: 1.0MB Download PDF >> Charter for Academy Players & Parents 2019/20 Published: 27 August 2019 Size: 10MB Download P… Actually I would say that it had more to do with the administration team. This is Kroenke economic and cultural annihilation. Oh and those Freakin fucks…… Utd…… back in top four soon along with Jose’s shower and challenging next year for the title. All that money resulting in a squad that could well be heading for the second tier of English football for the first time in our history. The exceptional costs incurred of £3.9 million (2018 - £17.2 million) were attributable to a number of changes in the first-team coaching and support personnel and transaction advisory costs incurred by the Company in relation to KSE UK Inc becoming the Group’s sole shareholder. Item 17 Item 18 If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). The ensuing lack of goals will see subsequent relegation battles played out to half-filled stadium for every game. To be fair, Arsenal aren’t on the verge of financial collapse. The example is simple, the four I mentioned can be replaced with Mavropanos, Holding, Smith Rowe, Maitland Niles, Nelson. The time has come to rid ourselves of the “superstats” in our squad and to start building a young team who work for each other and are true Gunners at heart. Poor grammar and spelling mistakes all my own work. When they see financial information that doesn’t match up with their expectations, they begin to doubt the reliability of the financial information. Toxic fan base. No doubt @SwissRamble will be working his way through the full report. £367.5 million came in. The reports will be available on this page shortly after. 2019. Maybe they are counting on the parachute payment…..hahahhacryinginside……. Basically, we couldn’t set the price of this season’s tickets until we knew if we had Champions League football or not. The year-end cash position, despite the delay of season ticket renewals into June as a result of the UEFA Europa League final, was robust with balances of £167.0 million (2018 - £231.3 million). During the year there was limited activity in the Group’s property development business. And Freddie Ljungberg who, regardless of whether we win… Read more ». Maybe in time but the few times he has been on, his position is more suspect than Mustafi. Name and Address of Noteholder(s) Original Current Payment Frequency How Secured or Endorsed Balance Balance Amount (monthly,etc.) Sales of STs will halve pending return from Championship. Too soon to start making things toxic blogs? His luck ran out with few bad buys (Mustafi… Read more ». Our net transfer spend in the summer was only £22.5m, and we actually reduced our wage bill by net £12m a year. Good natural ability but too slack and lacks concentration. So again, no. 2017. Only ONE decent player who wants to understandably leave as soon as possible. “Total staff costs, excluding exceptional costs, grew to £227.3 million.” I wonder what Jimmy Hill would have thought about the players earnings level today? Holding maybe but he gets turned on a dime too easily. If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. Copyright 2021 The Arsenal Football Club plc. I don’t think the land is worth quite as much as you think it is. 1. We can complain about the Kroenke’s as much as we like, but they opened their wallet this year and management squandered it. Conclusion Sucking the life out of it. Given the location it’s only real alternative use would be housing and a bit of shopping. One dead wood cleaning within the team and the “loss” is gone. 57. This section of the website provides access to the annual report and consolidated financial statements for the period ended 31 May 2019 – please download to view. The only way to get back to a good level is big big investment from our owners. They would probably lose 10-0 against West Ham. Actually, Mavropanos is young and has a potential to learn if given a chance. By the time you’ve written off destroying a football club you have a load of debt tied to you are not making any profit selling the land, or building a few flats on top of a demolished stadium. Arsenal have announced pre-tax profit of £44.6million after turnover at the club rose by over £70m in the year up to May 31, 2017. These are the first set of financial results for ‘Arsenal Football Club PLC’ under the private ownership of Stan Kroenke’s KSE and have been made available via Companies House. Which makes you wonder if we’re going to offer Aubameyang a contract that’s on par with Ozil’s 350k a week. By. I’ve no idea about FFP rules but thankfully that ‘fair whack’ is spread over the next multiple amount of years. (Full report here). Player trading profits have a significant impact on overall profitability particularly where other operating profits are adversely impacted by participation in the UEFA Europa League as opposed to the more lucrative UEFA Champions League. The same is true of the U23’s. The files can be browsed and downloaded by clicking on the relevant links below. His Nuggets and Avalanche play in his own arena in Denver, his Rams are getting an outrageously expensive new stadium in Los Angeles area, and even though he doesn’t own the stadium and complex where the Rapids play, KSE is paid to manage the space. Does no one at Arsenal get how tragic that is? The loan is payable by March 2021. Arsenal have published their financial results for the year ended 31 May 2019. …and they can expect revenue to drop further at… who wants to come watch our tepid brand of footy these days and Thursday night lights. Likes it when Arsenal are good. The Board are committed to a business model which invests the funds generated by the business back into the Club with the aim of achieving an increased level of on-field success with the ultimate goal of winning trophies and using that on-field success to increase the Club’s engaged worldwide fan base.”. It’s relegation time. These results are a reflection of the gunners underperformance on the This section of the website provides archive access to the official documents dating back to 2003. Oh well, selling PEA will get us a bit back I suppose. This just illustrates my opinion that the Arsenal job would be a poison challice to any manager thinking about taking this role. No tackles and no pride. Very enjoyable to watch. 2012. In the words of the song “I don’t think you really understand”, I know this isn’t what people want to hear, but I really don’t think any financial figures, no matter how bad they get, will cause Stan to sell. However, Stan is also a billionaire in his own right. On this trajectory we’ll be outside the top 20 English clubs? Profits will be reinvested also means we will feel the pinch when we aren’t making any. As part of our UEFA Club Licencing application, Liverpool Football Club is required to publish its annual report and consolidated financial statements. Also, Kroenke’s Ram’s in the NFL made it to the Superbowl. Latest financial results. Emery asked for a tall DM like Nzonzi. Wenger tried his best but there is a limit to everything one can do. The average ticket sales over 30 home games was 58,943 against 58,012 in Wenger’s final season. a greater awareness of the business world and mastered an arsenal of analytical techniques to handle most business situations. They state: “This has seen the value of the sterling weaken against the Euro; on the one hand increasing the cost of player transfers from the EU and, on the other, increasing the sterling value of European competition distributions paid out to clubs by UEFA in Euros. And that war chest is buried 6 feet under the centre circle of the old Highbury pitch. Maitland Niles was better then his last performances which shows how much Emery fucked up his self confidence. Holding: see Mavropanos. Revenue for the year was £367.5 million (2018 – £388.6 million). Unfortunately that will be after we are… Read more ». To open a menu item's submenu, press the space bar. I never thought we would end up here……. Aubameyang and co in current form is waaaay better than the womens team. If you have not been watching recently, he hasn’t been fantastic this season hence less opportunities in first team. The total profit on sale of player registrations was £12.2 million (2018 - £120.0 million) and player loans amounted to £4.6 million (2018 - £2.3 million). Contract Rebel! On average in 2019, Arsenal employed 707 people each month. Commenting on the accounts the club’s chairman, Sir Chips Keswick, said: “Our player trading profit for this financial year was limited and this combined with a second consecutive season of Europa League football has meant the club recorded its first overall loss since 2002. It’s over and financial results won’t protect against the inevitable. A hard copy of the company’s latest complete audited financial statements can be obtained free of charge by request to ir@manutd.co.uk. All these loans in addition to payables to other clubs mean Spurs’ debt of £1.4bn is the 2nd highest in the EPL, behind only Chelsea. They are fucking us up and at some point will sell as damage limitation to their wider business. Its pretty silly to compare womens football with mens football. I mean it’s not rocket sciense. In fairness, we play like a pub team so your phone’s probably right. I’m going to support our Publishing Accounts team for a while…:-). Bear in mind we added an extra half row to Club Level in Emery’s first season so that will likely have played a part. Arsenal provides links … To close a submenu press the escape key. for THE ARSENAL FOOTBALL CLUB PUBLIC LIMITED COMPANY (00109244) Registered office address. 2018. Financial Statements and Reports 2019/2020: download here Financial Statements and Reports 2018/2019: download here Financial Statements and Reports 2017/2018: download here The Arsenal Group’s loss for the 2018/19 year after taxation was £27.1 million (2018 – profit of £56.5 million). two months from now. But it’s sad that they don’t want to. Can we take a moment to appreciate and start paying more attention to Arsenal Women by the way, they’re flying high and I don’t care what level of reach Women’s football has compared to Men’s, AWFC matches are a welcome relief to the drivel we are chocking on from the Men’s team every week. £m. Yep. Operating profits were also impacted by continued investment in player wages which meant that total staff costs, excluding exceptional costs, grew to £227.3 million (2018 – £218.9 million). financial statements of Arsenal and Manchester Unit ed in this paper, it could be concluded as follows: (1) Arsenal and Manchester United meet the requirements specified in the UEFA to prepare the . Il all of them there is 50% possibility that they will… Read more ». KSE owns the club lock, stock and barrel. This includes playing staff, training staff, administrative staff and ground staff.