Originally posted by X
View Post
Don't you see what has happened at Arsenal? Arsenal is the ONLY PREM TEAM that has a sustainable business model. They have lost out this year on a big name striker signing (so far anyway), but they are now on such amazing financial footing that they can really afford to spend £40m on a player and not have any financial woes come of it as they are turning significant profits each year and have amazing cashflow...all without trophies. All the other clubs running up big debts will one day pay the piper. It is like the $16 trillion dollar debt that America is running up - it can't defy gravity for ever, just ask those of us from Jamaica who remember when the Jamaica dollar was trading at JA$1.00 to US$1.10+. Debt will kill you if you don't have a business model that will work in good times and in bad to support the long term viability of the club.
Comment