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Posted on July 8th, 2011 | No Comments

The Arsenal Supporters Trust isn’t happy

By Phil Gregory The Arsenal Supporters Trust isn’t happy. A few weeks back they had a Q&A session with Ivan Gazidis that was feisty to say the least. Despite some of the usual football fan penis measuring “I’ve been a season ticket holder for…



Posted on July 2nd, 2011 | No Comments

Roman Abramovich and Michel Platini. Who is kidding whom?

By Tony Attwood For Arsenal to win the league this coming season we need four things to happen. Quite obviously the team needs to play well.  I know it is patently obvious, but sometimes I like the obvious.  Equally obvious is that the under 10s say …



Posted on June 27th, 2011 | No Comments

The purchase of Paris St-Germain is going to affect the EPL big time.

Following the appointment of Remi Garde as manager of Lyon I suggested I might throw in an article or two about French football.  Here’s the first. By Tony Attwood Go back fifteen years and you can see a very clear picture of European football.



Posted on June 20th, 2011 | No Comments

The Transfer Market…. Out of Control?

It has been touted as one of the most explosive summers for years, as Europe’s elite flex their muscles before the opportunity to do so runs out. With the financial fair play rules coming into action from 2012, clubs who feature in European competiti…



Posted on June 15th, 2011 | No Comments

Newcastle United in the transfer market

Mike Ashley bought Newcastle United to much fanfare in 2007 via St. James Holdings. Opting against doing the sensible thing and lodging a formal bid, he just went out and bought the stocks, forcing the then hospitalised Freddy Shepherd into advising sh…



Posted on June 10th, 2011 | No Comments

Fifa aim to help Barca with the new 18 player squad rule. Arsenal not affected.

By Tony Attwood For a while it looked like Man IOU and Liverpool (previously known as the Insolvents) were going to come a cropper over the Uefa financial rules which aimed originally to make clubs playing in European championships be financially solve…



Posted on June 5th, 2011 | No Comments

Arsenal tickets. Who is to blame for price rises?

According to Virgin Money’s Football Fans’ Inflation Index 13% of season ticket holders in football league and Premier League clubs won’t renew for next season. They also claim that in the EPL 31% of regular match-goers who do not have season…



Posted on June 1st, 2011 | No Comments

Just exactly how could any manager do any better?

By Tony Attwood The top four clubs in the Premier League have between them three different models of financing. Money from an established world-wide marketing scheme (Manchester United) Money from a very rich owner (Chelsea, Manchester City) Profit mad…



Posted on May 29th, 2011 | No Comments

Barca beat Man U in the bankrupt final, but who will sink first in the financial mire?

By Billy The Dog McGraw Tony and Walter are off playing in the Supporters Club tournament on the Emirates pitch today, and thus have asked me, their trusted colleague and devoted lacky, to take over for the day.  In fact I am just off down the pub, bu…



Posted on May 21st, 2011 | No Comments

Arsène’s transfer war chest; does it exist?

By Phil Gregory Right, in order to head off some of the usual confusion around what we have to spend I thought I’d put together this article. The big question surrounds this mythical, unspent war chest that stubborn old Arsène likes to sit on an…



Posted on May 20th, 2011 | No Comments

Record losses, and disaster awaits. The Premier League crisis

By Tony Attwood The 20 clubs in the Premier League were very careless last year.  And I mean very careless. I mean if  lose a £5 note I am fairly pissed off.  And these guys lost 100 million times that amount between them.  £25 million per club o…



Posted on May 7th, 2011 | No Comments

From Ridsdale to QPR, there are corruption questions being asked

By Tony Attwood The main thrust of Untold in terms of corruption relates to the issue of the way in which it seems that the Italian style low-level buying of referees in general as crept into the Premier League. But while this is our main level of focu…



Posted on May 6th, 2011 | No Comments

Arsenal ticket prices: it is not as bad as we thought

By Richard Bedwell Ticket price increases – a different perspective. I have an above average priced season ticket at Arsenal. The 6.5% increase means that I’ll be paying about £80 more than I did last season. However I also pay £48 per year for m…



Posted on May 5th, 2011 | No Comments

Roll up and get your season tickets here.

By Tony Attwood Arsenal, as you will know, has said they plan to increase ticket prices by a total of 6.5% from the start of the 2011-12 season.  They also said a number of changes are being introduced to ticketing and particularly thanked Arsenal Ind…



Posted on April 27th, 2011 | No Comments

Arsenal move up and are now third in the rich list

Manchester U are regularly seen as the richest club in the world.  This, despite their debts, is once again the feeling of Forbes 2011 Soccer Valuation, in its latest survey. Manchester U have been number one on the Forbes list for seven years running…



Posted on April 11th, 2011 | No Comments

For the first time since Norris, one man owns most of our club

By Tony Attwood I didn’t see it coming – in fact I have written a number of times on this blog to say that Mr Kronke would not be buying Arsenal.  And then lo and behold he does.  (Exit editor stage left covered in egg). Good or bad it is…



Posted on April 8th, 2011 | No Comments

Financial Fair Play equals nothing, but someone is going to go bust

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here Billy the Dog McGraw runs his finger over Uefa’s financial fair play rules, gets it snagged on a sharp bit and scuttles off to the local A and E for a quick repair. There is a repo…



Posted on April 1st, 2011 | No Comments

Bilan financier à mi-saison

Hier, via son site web, Tottenham Hotspur a indiqué que son bilan comptable pour son première semestre fiscal de la saison (du 1er Juillet au 31 Décembre) est positif. Avant impôts, le bénéfice atteint £4,2 million. En comparaison, à la même période l’en dernier, le club avait un déficit de £6.1 million. Cela est expliqué [...]



Posted on March 30th, 2011 | No Comments

The FA is near insolvency; Sir F Word has a laugh, media don’t get it.

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Billy “the Dog” McGraw, gratefully released back into the community. For our old pals at UEFA Arsenal is seen as the ultimate football club in terms of financial probity.



Posted on March 23rd, 2011 | No Comments

Red Football Ventures loses rather a large amount of money.

By Tony Attwood Man U’s parent company Red Football has delivered a record pre-tax deficit  for the year ended 30 June.  Last year it made a £21m profit largely due to the sale of  Cristiano Ronaldo to Real Madrid for £80m. This year the com…



Posted on February 11th, 2011 | No Comments

Deloitte’s poverty list confirms that Barcelona are in real trouble

A brief pause from Walter’s series on football referees, following our coverage on the BBC web site (see the home page for the latest).   Here’s a piece on Deloitte’s latest figure fest. Arsenal on Twitter @UntoldArsenal Untold Arse…



Posted on February 8th, 2011 | No Comments

Got Money? EFC Needs You

For those Evertonian’s that haven’t heard, Everton has released some of the basic number from their financial statement for the fiscal year from June 1, 2009 to May 31, 2010. The basic numbers are not all that awful, particularly compared to some of the numbers that have been thrown around. Turnover for the year was [...]



Posted on January 25th, 2011 | No Comments

Untold’s submission to the Commons Enquiry into Football: let’s sort out the EPL/Championship divide

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here Victory Through Harmony By Phil Gregory, Righto, here we are with the final part of my musings on the general state of football finances for the Commons Inquiry. Since starting this repo…



Posted on January 21st, 2011 | No Comments

What exactly is wrong with football accounting?

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here Victory Through Harmony By Phil Gregory Following on from my last article, looking at the debts of United and Arsenal, we go onwards with this piece where I’m going to have a look …



Posted on January 18th, 2011 | No Comments

The debt burdens of Manchester United and Arsenal

Arsenal on Twitter @UntoldArsenal Untold Arsenal on Facebook here By Phil Gregory My article on how the Emirates as financed, was put together as a result of researching for my report for the Commons Inquiry into football. What I was looking to do was …



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