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Pochettino has only to manage £600m debt compared to Arsene Wenger £290m Emirates Debt
Discussion started by Merlion96 , 01 September, 2019 03:59
Pochettino has only to manage £600m debt compared to Arsene Wenger £290m Emirates Debt
Merlion96 01 September, 2019 03:59
[www.dailymail.co.uk]

Well, well, only £600m to pay off for the next 20 years.
It just reminds moi on how Leeds United winning the title and playing in European Cup as if it is forever, over-spend on players (that Ridsdale-O'Leary combination); then missed European Cup competition, saddled with massive debt and went into administration and demoted.
Leeds United is still struggling to return to EPL now.

Knowing they can win silverware, continue playing in CL Cup AND doubling or tripling what scrooge Levy is paying them, Ventonghen, Danny Rose, Toby Aube...weld, Eriksen, and perhaps a few more, are running down their contract to leave on a Bosman to leave Tiny Totts for their next lucrative contract.

Wonder have Son, Lamela, Dele Alii, MOura, et al signed a contract extension like Kane?

Will Pochettino has the commitment, dedication and fortitude like Arsene Wenger to stick it out for at least a decade to pay-off that £600m debt?

I believe it is just sheer rotten timing for Daniel Levy to go ahead with that white elephant of a £850m Kentucky Henhouse and to-date, struggling to even sell the stadium naming rights.

Plus, the continual USA-China trade disputes and Brexit have a high probability to drive the Global Economy into a deep recession with collapsing stock-markets world-wide like 1998 and 2008 by October 2019, be assured that sponsors and advertisers and even TV broadcasting revenues will be on a downward trend for years due to belt-tightening and mass unemployment worldwide.

Regardless for all his faults and sheer arrogance in his own beleif that "his way is the only way", by end-2019, we owe Economist Arsene Wenger a vote of thanks fro his shrewd budgetary management to keep Arsenal FC on an even keel and yet remains competitive as Top-4 team for 18 consecutive seasons.

In fact after 2003/04, with that £290m Emirates Debt, Top-4 is the best we can hope for is Top-4 finishes with near-misses in 2007/08 (that is the season where Wenger is wholly responsible for not strengthening a sick-note squad), and forget about that Leicester City Year as we will never competitive with such a thin squad of medicore players.



'The more things change, the more they remain the same' Alphonse Karr.


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