Thursday, May 13, 2010
Are we going to kill Szczesny?
Friday, October 23, 2009
From the AGM
- Peter Hill-Wood, who isn't worried about threats to 4th place
It was AGM night in England last night. And of the many splendored things that Peter Hill-Wood said that night, that quote was the one that really pisses me off. It's such a snobbish, stupid, smug, self-absorbed, self-satisfied thing to say.
I don't understand why Peter Hill-Wood is sneering at Tottenham and Aston Villa for spending money in order to improve the quality of their teams. That's what football clubs do, Peter. Just because Arsenal sell their players for large amounts of money and don't reinvest the funds, it doesn't mean other clubs do the same. For ambitious clubs, they seek to add players to their squad every year in order to improve it.
I don't understand why Hill-Wood thinks he's got a right to be superior. In case he hasn't noticed, we have finished 4th or 3rd for the past four years. We haven't won in five years. We've stagnated. What's worse is that there hasn't been any sign of ambition from the Club to achieve more than 4th place and a Champions League place. For a club the size of Arsenal, that's pathetic.
And finally, I don't understand how Peter Hill-Wood got it in his head that 4th place is some sort of "prize" that we should be celebrating. For a club of our size, 4th place and CL qualification is the minimum. Celebrating that is madness, like jumping for joy when you get out of the bathtub because you managed not to drown yourself. I had a look at the club's profile on the official site, and nowhere on the list of our Premier League achievements does it list our proud record of 4th, 4th, 3rd, and 4th.
The other significant news from the AGM was that Stan Kroenke was asked about his intentions with the Club and he said.... nothing. Under the rules of the Takeover Panel, all public statements against a future bid must be unambiguous, or he'd be prevented from a formal move for six months. I hope the following prediction is ambiguous enough for Stan's liking - in the next six months, we're going to see a giant bust of Kroenke in the Emirate's forecourt with a motorised mouth which speaks "In Stan We Trust", and flaming eyeballs which shoots flaming eyes at gooners who dare to suggest that 4th place isn't good enough for a Club of our stature, or that certain Wengerish transfers are a bit geriatric.
And Arsene Wenger spoke about his confidence that we're going to win something this year:
“This year I am convinced we will win a trophy. It will come down to how resilient, consistent, intelligent and united we are until the end because there will be tough times. There will be periods when it will be difficult, but we have to show our strengths that have always made this club special. This team is now ready to go for it and I am convinced we will perform throughout the season.”
We've heard this before, Wenger. Why don't we just get through Christmas before we make any rash promises, hey?
Friday, October 16, 2009
PHW's "relaxed" about a takeover
"It does look like he is edging towards a takeover, which I would welcome. I have not asked him if that is what he plans to do, but I am very relaxed about it. If it was to happen, I don't think you can expect any big changes because he seems to like things very much the way they are."
- Peter Hill-Wood, about the prospect of a takeover
A couple of days ago, Kroenke bought another 90 shares at £8,500 per share, taking his overall stake in the Club to 28.9%. He's edging closer to the 30% needed to trigger a mandatory compulsory takeover. As Myles Palmer said "he now needs only 645 more shares to take him to 29.9% . Then Stan will probably stop buying shares till the end of the season."
In light of this news, Peter Hill-Wood is "very relaxed" about the idea of Kroenke buying the Club. He "doesn't think" there will be big changes because Kroenke "seems to like things" the way they are. He's being very nonchalant about the future of the Club. In other words, he's telling us that if it happens, when it happens, how it happens, whatever happens it'll be sort of, maybe, probably okay.... he thinks.
To me, it's not a particularly reassuring statement. It came from a man who, two years ago, famously said that "we don't need his money and we didn't need his sort" at the club. Hill-Wood doesn't mince words when he speaks to the media. He says what he likes, how he likes - even if some of what he says is xenophobic, inane crap.
So why has he changed his stance?
Why is he prevaricating and qualifying his statements?
All hail our new insect overlord.
Personally, I think it'll be a shame if we were bought outright by one person. I like Kroenke and think his presence on the Board is of great benefit, but I wouldn't like to see him owning the Club outright. I prefer the status quo, with a group of major shareholders (some with a long association with the Club) running the Club. It gives us the assurance that if one person decides to sell, we've still got some continuity at the Board level. If Kroenke buys us outright, then sells us us in five years' time, there's no guarantee that the next owners will be competent custodians of the Club.
But then again, as Peter Hill-Wood has learnt in the past two years, there's sweet FA we can do about it. Kroenke and Usmanov are eyeing the Club, have the money to buy it, and are going to make a bid when they think it's time. All we can do is put on some lippy and a nice dress, cosy up with our new owners, and hope it's not going to be too bad.
Thursday, May 7, 2009
The Horse's Mouth

Sunday, May 3, 2009
Arsenal 3-0 Portsmouth
Saturday, July 26, 2008
Myles Wrote A Good Article!
- Myles Palmer, Arsenal News Review
I'm spending most of my time reviewing other Arsenal blogs. I really should rename this site "Fucking-Arsenal-Blogs", at least during the off-season. Observing how gooners react to Arsenal news is much more interesting than Arsenal news itself.
Myles Palmer has written a couple of really good posts lately, entitled "Arsenal: the big picture", about the finances behind the rather bizarre antics of this off-season. I don't presume to understand the credit crunch, or London property prices, or how a jittery financial market affects our 260 million pound loan. But it is interesting to read about it.
The above quote comes from the assertion that we're being shafted by our Emirates shirt deal. We're getting 6 million a year, compared to 14 million by Man Utd from AIG and 16 million by Chelsea from Samsung. We've got an shirt deal with an equivalent monetary value as Ajax's.
Moreover, we've negotiated a bunch of deals with a bunch of companies to finance our stadium deal. We've been shafted in the long-run, but we got the money upfront. And we're paying for it now because of the housing slump, because of the finanical meltdown, because Highbury Flats won't sell and we've got to put every pound we earn from the stadium back into the loan.
Problem is, we're being run by an idiot. Peter Hill-Wood is an idiot. There's no beating around the bush on this one. He's the scion of some very talented people, and he's got by on his connections, his wealth and his name. And he's the figurehead of a club that could become the biggest in England, but which is languishing behind Man Utd and Liverpool in terms of global reach, and which is being hunted down by a hungry, ruthless Chelsea. Isn't it weird that, for a supposedly big club, our three super-stores are all located in London?
We need Stan Kroenke. Not for his wealth, not for his connections, but for his business skills.