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	<title>Comments on: Arsenal in best financial health in Premier League</title>
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		<title>By: allyd</title>
		<link>http://soccerlens.com/arsenal-in-best-financial-health-in-premier-league/39738/#comment-122573</link>
		<dc:creator>allyd</dc:creator>
		<pubDate>Thu, 28 Jan 2010 14:12:30 +0000</pubDate>
		<guid isPermaLink="false">http://soccerlens.com/?p=39738#comment-122573</guid>
		<description>Lots of insignificant bitching here.

We can argue to high heaven about who has the best fiscal model that the clubs use but at the end of the day Man Utd can continue to go about their financing because they have a huge fanbase and worldwide regognition which aides them no doubt in their financial dealings.

Be realistic, if the glazers had not come to the fore and lumbered the club with such a heavy debt they would still be as competitive on the pitch as they are now!  Of course they would.

Arsenal are going about if differently and although they have a large fanbase its not as big as United&#039;s. Continued good play and a trophy or two would bring in higher revenue on sponsorship and more fans which means more cash. Thats how United did it after all!

Its very interesting to see football fans argue over who is wealthier rather than results lol. It strikes me a bit like Harry Enfields character.(yes sir, I am Considerably richer than yaouwww.!)
Ally, Arsenal fan, Enjoying football.</description>
		<content:encoded><![CDATA[<p>Lots of insignificant bitching here.</p>
<p>We can argue to high heaven about who has the best fiscal model that the clubs use but at the end of the day Man Utd can continue to go about their financing because they have a huge fanbase and worldwide regognition which aides them no doubt in their financial dealings.</p>
<p>Be realistic, if the glazers had not come to the fore and lumbered the club with such a heavy debt they would still be as competitive on the pitch as they are now!  Of course they would.</p>
<p>Arsenal are going about if differently and although they have a large fanbase its not as big as United&#8217;s. Continued good play and a trophy or two would bring in higher revenue on sponsorship and more fans which means more cash. Thats how United did it after all!</p>
<p>Its very interesting to see football fans argue over who is wealthier rather than results lol. It strikes me a bit like Harry Enfields character.(yes sir, I am Considerably richer than yaouwww.!)<br />
Ally, Arsenal fan, Enjoying football.</p>
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		<title>By: Poor Spuds</title>
		<link>http://soccerlens.com/arsenal-in-best-financial-health-in-premier-league/39738/#comment-122533</link>
		<dc:creator>Poor Spuds</dc:creator>
		<pubDate>Wed, 27 Jan 2010 16:33:37 +0000</pubDate>
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		<description>@ Brian Kingston:

Yeah right... that explains why the glazers are literally begging their players for money now...

Wont be long when there would be huge pots n bowls kept outside old trafford so that the spectators n supporters cud drop a penny or 2 as a &quot;Charity&quot; towards the calamity or rather &quot;Catastrophe&quot; called &quot;Glazers&quot; that has currently hit Old Trafford... 

Too Bad... Manu cant be hanging onto the likes of Ronaldo just because they cant wipe out the debts the glazers have created @ 1st place...

Believe me if it wasn&#039;t for Fregie Manu would have been the Next Portsmouth...

Still deluded fans like yourself think Manu&#039;s got the Ideal Model to live with... 

Dream On Champ!!! Dont wanna wake you up from your Day Dreams....</description>
		<content:encoded><![CDATA[<p>@ Brian Kingston:</p>
<p>Yeah right&#8230; that explains why the glazers are literally begging their players for money now&#8230;</p>
<p>Wont be long when there would be huge pots n bowls kept outside old trafford so that the spectators n supporters cud drop a penny or 2 as a &#8220;Charity&#8221; towards the calamity or rather &#8220;Catastrophe&#8221; called &#8220;Glazers&#8221; that has currently hit Old Trafford&#8230; </p>
<p>Too Bad&#8230; Manu cant be hanging onto the likes of Ronaldo just because they cant wipe out the debts the glazers have created @ 1st place&#8230;</p>
<p>Believe me if it wasn&#8217;t for Fregie Manu would have been the Next Portsmouth&#8230;</p>
<p>Still deluded fans like yourself think Manu&#8217;s got the Ideal Model to live with&#8230; </p>
<p>Dream On Champ!!! Dont wanna wake you up from your Day Dreams&#8230;.</p>
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		<title>By: ZArsenalZ</title>
		<link>http://soccerlens.com/arsenal-in-best-financial-health-in-premier-league/39738/#comment-122524</link>
		<dc:creator>ZArsenalZ</dc:creator>
		<pubDate>Wed, 27 Jan 2010 01:57:41 +0000</pubDate>
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		<description>Arsenal. Easily one of the best run clubs in the world. Would anyone disagree? But just who is the best run club in the world?</description>
		<content:encoded><![CDATA[<p>Arsenal. Easily one of the best run clubs in the world. Would anyone disagree? But just who is the best run club in the world?</p>
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		<title>By: John P.</title>
		<link>http://soccerlens.com/arsenal-in-best-financial-health-in-premier-league/39738/#comment-122505</link>
		<dc:creator>John P.</dc:creator>
		<pubDate>Tue, 26 Jan 2010 07:17:19 +0000</pubDate>
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		<description>If the Glazers hit a financial problem, Manchester United is going to hit real trouble. Don&#039;t think it can&#039;t happen, a lot of smart people have seen their fortunes dwindle away. On the other hand, Arsenal is much more financially stable as this article attests. They&#039;ve chosen to invest their money in youth rather than established players, and though they haven&#039;t won any trophies in recent years they will surely come in time.</description>
		<content:encoded><![CDATA[<p>If the Glazers hit a financial problem, Manchester United is going to hit real trouble. Don&#8217;t think it can&#8217;t happen, a lot of smart people have seen their fortunes dwindle away. On the other hand, Arsenal is much more financially stable as this article attests. They&#8217;ve chosen to invest their money in youth rather than established players, and though they haven&#8217;t won any trophies in recent years they will surely come in time.</p>
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		<title>By: adrian</title>
		<link>http://soccerlens.com/arsenal-in-best-financial-health-in-premier-league/39738/#comment-122479</link>
		<dc:creator>adrian</dc:creator>
		<pubDate>Mon, 25 Jan 2010 14:00:40 +0000</pubDate>
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		<description>ManU are in a strong position, if they maintain the current level of support and success.  The £700+ debt is simply passed on to the new owner, who will finance it in their own way.  The merit of Arsenal&#039;s position is that the finances will withstand a drop in success.  Its a fact that it will take longer to generate a successful side via the arsenal model. You either accept that fact or go and support someone else.</description>
		<content:encoded><![CDATA[<p>ManU are in a strong position, if they maintain the current level of support and success.  The £700+ debt is simply passed on to the new owner, who will finance it in their own way.  The merit of Arsenal&#8217;s position is that the finances will withstand a drop in success.  Its a fact that it will take longer to generate a successful side via the arsenal model. You either accept that fact or go and support someone else.</p>
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		<title>By: BD Condell</title>
		<link>http://soccerlens.com/arsenal-in-best-financial-health-in-premier-league/39738/#comment-122478</link>
		<dc:creator>BD Condell</dc:creator>
		<pubDate>Mon, 25 Jan 2010 12:44:57 +0000</pubDate>
		<guid isPermaLink="false">http://soccerlens.com/?p=39738#comment-122478</guid>
		<description>@dr: If you visited this site regularly you wouldn&#039;t have to speculate on who I support. 

As for arrogance, if you want to call listing facts, based on solid research and pointing out to others that they know little about what they are talking about.....then yes, I am arrogant.

But if you want to get to the core of the debate and not be white washed by unsupported claims of valuations and complete ignorance regarding corporate finance and how debt influnces the &#039;worth&#039; of a club then take-in what I am saying and ignore the rest.

Forget arrogance my friend and give me something substantial regarding this particular debate......or is the locker empty in that regard? ;)</description>
		<content:encoded><![CDATA[<p>@dr: If you visited this site regularly you wouldn&#8217;t have to speculate on who I support. </p>
<p>As for arrogance, if you want to call listing facts, based on solid research and pointing out to others that they know little about what they are talking about&#8230;..then yes, I am arrogant.</p>
<p>But if you want to get to the core of the debate and not be white washed by unsupported claims of valuations and complete ignorance regarding corporate finance and how debt influnces the &#8216;worth&#8217; of a club then take-in what I am saying and ignore the rest.</p>
<p>Forget arrogance my friend and give me something substantial regarding this particular debate&#8230;&#8230;or is the locker empty in that regard? <img src='http://soccerlens.com/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> </p>
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		<title>By: dr</title>
		<link>http://soccerlens.com/arsenal-in-best-financial-health-in-premier-league/39738/#comment-122475</link>
		<dc:creator>dr</dc:creator>
		<pubDate>Mon, 25 Jan 2010 10:56:00 +0000</pubDate>
		<guid isPermaLink="false">http://soccerlens.com/?p=39738#comment-122475</guid>
		<description>with your arrogance you really could&#039;nt support anyone other than man u</description>
		<content:encoded><![CDATA[<p>with your arrogance you really could&#8217;nt support anyone other than man u</p>
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		<title>By: BD Condell</title>
		<link>http://soccerlens.com/arsenal-in-best-financial-health-in-premier-league/39738/#comment-122474</link>
		<dc:creator>BD Condell</dc:creator>
		<pubDate>Mon, 25 Jan 2010 10:40:03 +0000</pubDate>
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		<description>@LB: here&#039;s the link: http://www.sportsbusinessdaily.com/index.cfm?fuseaction=sbd.main&amp;ArticleID=129291 

Those amounts are in US dollars so at todays exchange rate the values in Pounds Sterling are: Utd 1.16B and Arsenal: 743M.

Any for crying out load....for once and for all...........the valuation is NOT affected by how the club is financed!!!!!!!!!

If you buy a house for 1million and finance it with an 800,000 mortgage is the house now only worth 200,000. Absolute nonsense. Clubs/ businesses are valued as going concerns.....based on the revenue and profits they generate, existing assets, growth potential etc.

Whether they are owned outright or heavily leveraged like Utd does NOT matter to the valuation.

If the Glazers cashed in tomorrow they would pocket the proceeds, pay off the debt and be left with a healthy profit. The new owners would have their own finance model (e.g. if it was a rich oil baron they wouldn&#039;t require any debt for the purchase).

Debt is &#039;owned&#039; by....or remains the responsibility of whoever contracts for it   

So you might want to revisit: &quot; Man U cannot be worth 1.2bn, it’s impossible.&quot;

As for : &quot;If I owned the club, I would not sell it for less than 1.3bn.&quot;

In which case you&#039;d be waiting a very long time to attract any interest because it is worth significantly less than that! But then maybe you know better than Forbes!</description>
		<content:encoded><![CDATA[<p>@LB: here&#8217;s the link: <a href="http://www.sportsbusinessdaily.com/index.cfm?fuseaction=sbd.main&amp;ArticleID=129291" rel="nofollow">http://www.sportsbusinessdaily.com/index.cfm?fuseaction=sbd.main&amp;ArticleID=129291</a> </p>
<p>Those amounts are in US dollars so at todays exchange rate the values in Pounds Sterling are: Utd 1.16B and Arsenal: 743M.</p>
<p>Any for crying out load&#8230;.for once and for all&#8230;&#8230;&#8230;..the valuation is NOT affected by how the club is financed!!!!!!!!!</p>
<p>If you buy a house for 1million and finance it with an 800,000 mortgage is the house now only worth 200,000. Absolute nonsense. Clubs/ businesses are valued as going concerns&#8230;..based on the revenue and profits they generate, existing assets, growth potential etc.</p>
<p>Whether they are owned outright or heavily leveraged like Utd does NOT matter to the valuation.</p>
<p>If the Glazers cashed in tomorrow they would pocket the proceeds, pay off the debt and be left with a healthy profit. The new owners would have their own finance model (e.g. if it was a rich oil baron they wouldn&#8217;t require any debt for the purchase).</p>
<p>Debt is &#8216;owned&#8217; by&#8230;.or remains the responsibility of whoever contracts for it   </p>
<p>So you might want to revisit: &#8221; Man U cannot be worth 1.2bn, it’s impossible.&#8221;</p>
<p>As for : &#8220;If I owned the club, I would not sell it for less than 1.3bn.&#8221;</p>
<p>In which case you&#8217;d be waiting a very long time to attract any interest because it is worth significantly less than that! But then maybe you know better than Forbes!</p>
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		<title>By: LB</title>
		<link>http://soccerlens.com/arsenal-in-best-financial-health-in-premier-league/39738/#comment-122454</link>
		<dc:creator>LB</dc:creator>
		<pubDate>Sun, 24 Jan 2010 13:56:23 +0000</pubDate>
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		<description>Man U cannot be worth 1.2bn, it&#039;s impossible.  For that to be the case, it would have to have an enterprise value of some 2bn. and that is simply not the case.  At best Man U is worth 500m because of the huge debts on the books. 

Arsenal are worth anything from 800m to 1bn.  There is no one way of valuing a club abd different people will come to a different conclusion.  If I owned the club, I would not sell it for less than 1.3bn.</description>
		<content:encoded><![CDATA[<p>Man U cannot be worth 1.2bn, it&#8217;s impossible.  For that to be the case, it would have to have an enterprise value of some 2bn. and that is simply not the case.  At best Man U is worth 500m because of the huge debts on the books. </p>
<p>Arsenal are worth anything from 800m to 1bn.  There is no one way of valuing a club abd different people will come to a different conclusion.  If I owned the club, I would not sell it for less than 1.3bn.</p>
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		<title>By: BD Condell</title>
		<link>http://soccerlens.com/arsenal-in-best-financial-health-in-premier-league/39738/#comment-122452</link>
		<dc:creator>BD Condell</dc:creator>
		<pubDate>Sun, 24 Jan 2010 12:05:08 +0000</pubDate>
		<guid isPermaLink="false">http://soccerlens.com/?p=39738#comment-122452</guid>
		<description>@DKD: I actually know something about corporate finances buddy and you picked that 1billion number out of the air because I can assure you that it is NOT true. Arsenal were valued at 745m UK Pounds by Forbes this year. But why not throw in 335 on top to fabricate a point?? Believe me...ignorance will out!

Now let me describe an ideal model for a football club to you. Starting with an even playing field at the start of the PL era Utd have built a dynasty based on a successful youth system, an outstanding manager and business management that has seen them stay at the top and reinvest in the team and stadium, while at the same time being light years ahead of everybody else in developing the commercial side of their business and growing their fan base in emerging markets.

All of which of course genereated more profit and enabled them to reinvest in the best and remain successful. It&#039;s a case study in excellence when looking at how to run a successful football team.

Arsenal meanwhile spent plenty in the early Wenger years but then invested in a new stadium and couldn&#039;t. For 5 years they&#039;ve struggled to stay on the pace and the trophies they have won in the PL era (which is what it is all about for fans) are laughable when compared with Utd.

Utd now have owners that have chosen a highly leveraged model to finance their investment and I, like other Utd fans, have no love for them. But at the end of the day a Ferrari is still a Ferrari, regardless of how it is financed and the yanks will move on when they are forced to.

In the meantime Utd are going nowhere while the rest of us are wondering when Arsenal will ever win another trophy!

Read a bit more and get yourself some further education.......and take my advice....don&#039;t pick numbers like 1 billion out of the air based on no knowledge whatsoever and you won&#039;t look so foolish.  

Big picture my ass! You don&#039;t understand the meaning of &#039;living within your means&#039;.

Now back to school sonny!</description>
		<content:encoded><![CDATA[<p>@DKD: I actually know something about corporate finances buddy and you picked that 1billion number out of the air because I can assure you that it is NOT true. Arsenal were valued at 745m UK Pounds by Forbes this year. But why not throw in 335 on top to fabricate a point?? Believe me&#8230;ignorance will out!</p>
<p>Now let me describe an ideal model for a football club to you. Starting with an even playing field at the start of the PL era Utd have built a dynasty based on a successful youth system, an outstanding manager and business management that has seen them stay at the top and reinvest in the team and stadium, while at the same time being light years ahead of everybody else in developing the commercial side of their business and growing their fan base in emerging markets.</p>
<p>All of which of course genereated more profit and enabled them to reinvest in the best and remain successful. It&#8217;s a case study in excellence when looking at how to run a successful football team.</p>
<p>Arsenal meanwhile spent plenty in the early Wenger years but then invested in a new stadium and couldn&#8217;t. For 5 years they&#8217;ve struggled to stay on the pace and the trophies they have won in the PL era (which is what it is all about for fans) are laughable when compared with Utd.</p>
<p>Utd now have owners that have chosen a highly leveraged model to finance their investment and I, like other Utd fans, have no love for them. But at the end of the day a Ferrari is still a Ferrari, regardless of how it is financed and the yanks will move on when they are forced to.</p>
<p>In the meantime Utd are going nowhere while the rest of us are wondering when Arsenal will ever win another trophy!</p>
<p>Read a bit more and get yourself some further education&#8230;&#8230;.and take my advice&#8230;.don&#8217;t pick numbers like 1 billion out of the air based on no knowledge whatsoever and you won&#8217;t look so foolish.  </p>
<p>Big picture my ass! You don&#8217;t understand the meaning of &#8216;living within your means&#8217;.</p>
<p>Now back to school sonny!</p>
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