QUOTE(toshio14 @ Sep 9 2011, 12:20 AM)
aku agak tak berapa senang dengan kekerapan komen jenis menyuruh rakan Gooners menyokong kelab lain yang agak selalu digunakan di dalam topik AST. apakah memang perlu kita melontarkan komen sebegitu sesama kita?
hahaha.......... one bad apple in AST does not spoil my mood.I still want to share the topic on the Arsenal's 2 billionaires.
Stan Kroenke owns more than 50% of Arsenal.
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Now that Stan Kroenke has majority ownership (more than 50%) of Arsenal, he has complete operational control over issues such as hiring the executive team and day to day financial decisions. He also appoints the Board, and as part of his takeover statement he promised to retain the existing Board for at least one year. Some major company decisions require more than 75% of the shareholders to vote in favour of them at an Extraordinary General Meeting (EGM). These decisions might include paying a management fee, changing the name of the club or issuing new equity.
Stan owns 4 sports club - hockey, basket, american football & british football (arsenal).
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Anyway, what’s interesting is that the longer Arsenal goes on with a trophy drought, and the longer we have to watch other clubs winning a nuclear arms race, the more open fans are to inviting Usmanov to the board at the very least. According to the most recent Arsenal Supporters’ Trust survey, 70% wanted to invite Usmanov to the board, whereas only 40% wanted him on the board a year ago. Taking it a step further, I would imagine that a lot of fans are starting to hope that Usmanov not only joins the board, but purchases a majority share from Kroenke. And while Kroenke seems to genuinely enjoy being an owner of multiple sports clubs, he also doesn’t seem to be the type who would reject a windfall profit in a short span of time. So we’ll have to wait and see how all that turns out.
The next question we have to ask about Kroenke should be fairly simple to answer. And that is, which one of two general categories of sports owners does he fall under? One category is the one that treats the club as a business. And while it may be a fun and exciting business, it’s still a business. The other category is the one that treats the club as a hobby. If that’s the case, then making money doesn’t really matter. Money can be made elsewhere, but the club is where the owner has his fun. So just as a mega-rich person wouldn’t expect to make money on his yacht or island resort mansion, neither should he expect to make money on his sports team. Well, I think it’s pretty clear that so far, Kroenke falls under the first category. If there’s a silver lining in this from an Arsenal perspective, it’s that the club still makes massive profits, and can compete at a high level while still earning a profit. And then, of course, if Financial Fair Play ever comes riding into town on a white horse, we might be dominating affairs while everyone else crumbles.
The next question we have to ask about Kroenke should be fairly simple to answer. And that is, which one of two general categories of sports owners does he fall under? One category is the one that treats the club as a business. And while it may be a fun and exciting business, it’s still a business. The other category is the one that treats the club as a hobby. If that’s the case, then making money doesn’t really matter. Money can be made elsewhere, but the club is where the owner has his fun. So just as a mega-rich person wouldn’t expect to make money on his yacht or island resort mansion, neither should he expect to make money on his sports team. Well, I think it’s pretty clear that so far, Kroenke falls under the first category. If there’s a silver lining in this from an Arsenal perspective, it’s that the club still makes massive profits, and can compete at a high level while still earning a profit. And then, of course, if Financial Fair Play ever comes riding into town on a white horse, we might be dominating affairs while everyone else crumbles.
Do read the following interesting article :-
http://arsenal.theoffside.com/team-news/wh...nke-anyway.html
As i said b4, if i want to jump ship I would not post anything in here.
This is just sharing & discussion, NOT COMPLAINING.
Anyway who am I to complain when compare to fellow gooners who had supported Arsenal 20-30 years.
Does my complaint makes any difference on how Arsenal is being run?
Nope as I don't hv the power of $$$ to join the board to have my say in the running of Arsenal........
Sep 8 2011, 11:48 PM

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