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Dude Ranch

Dude Ranch

Posted
Posted
Not entirely surprised here.

Well, I'm shocked because he really has been Mr Arsenal. I can only assume he was pushed cos I'm not sure I can imagine what would make him just up and walk.

The deal by the other directors to not sell for a year is encouraging though.

Yeah, true. But whether there's more behind it or not, that's worrying me. Dein was the forward thinker, I hope we don't get into an Aston Villa situation where the Club becomes a dinosaur.

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Daley

Daley

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I must say I am a little bit glad, even though I don't think this is the end of it.

Talk about an understatement.

Amazed to hear this and gutted. Dein was the one who hired Graham and the man who got Wenger. An Arsenal fan and someone who really knew his stuff and always had the clubs best interests at heart so its a sad day to see him go.

It looks like he was more interested in a possible takeover than his fellow directors and its a shame they couldn't have worked something out. What nobody wanted to see was any kind of uncertainty or turmoil at the club so I hope that a messy takeover battle is not this summer's Arsenal media shitstorm.

Hopefully Wenger doesn't feel too bad about the man who hired him leaving. I'm sure he will be gutted but hopefully he gets on with the rest of the board.

This bit from the BBC story is interesting:

He (Hill-Wood) revealed remaining board members, who own 45.45% of the remaining shares, had agreed not to dispose of their shares for at least one year.

Why only a year? Although they do say they intend to keep them after that too, but with Wenger's current deal up in a year does this have anything to do with that.

Shit. I hate uncertainty. ;)

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Cosmic_Guru

Cosmic_Guru

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He should drive down the M4 until he finds a nice little club who play in red to buy :-)

Swindon Town?

Bristol City?

Don't think so somehow, the man is Arsenal through and through

Why only a year? Although they do say they intend to keep them after that too, but with Wenger's current deal up in a year does this have anything to do with that.

Shit. I hate uncertainty. ;)

Agreed. A year is no time at all. The Board really need to get their shit together now or they will simply be picked off one by one after that time amidst scenes of chaos and an eventual come back by Dein and Kroenke. And where this leaves Wenger ........

EDIT: it may not take this long - if he only requires 30% to launch a full bid he could get there sooner by buying Dein's shares and another 5% held by a hedge fund. Watch this space.

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Lucky

Lucky

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This is so not Arsenal like.

I'm sure Wenger is not impressed with all this messy stuff. He seems to like continuety, a long term plan, to know where the club/team is heading. Just look at his signings and the project with the new satadium, all planned out like a military operation. He knows (or did know before yesterday) where the club/team will be in 5 or even 10yrs time.

It seems that Dein was in favour of the yank and to move in that direction and the rest weren't.

Who's to say we still eventually wont go down that road anyway?

Maybe that's just the way football is nowadays and to compete we need to do what Chelsea, Man utd and Liverpool, even Villa have done, sell out to the highest bidder. ;)

I'm not saying it's right or wrong but our board have always done things the 'old fashion way' which so far is probably the right way but with the amount of money now involved in football it's inevitable that it now needs to be treated as a business, obviously not without forgetting that it is a spectator sport and people pay good money to watch this sport and need to be entertained and not just watch a business type machine that ticks over efficiently (Chelsea, cough cough).

It's very sad but the fact is football, and footballers for that matter, are not what it was even just 20yrs ago, pre Sky actually. You can't say that the board wanting to keep things as they have always been is wrong and Wenger has always said Arsenal shouldn't sell out, the new stadium will eventually mean we can keep up with our rivals, hopefully he is right, but my opinion is that it's just a matter of time before some big time Yank, Arab or Russian comes sniffing around.

Maybe it's happened already with Kroenke.

In life money talks and these people normally get what they want, nobody wanted the Glaziers at Man Utd but they still got what they wanted anyway.

Unfortunately football is no longer what it used to be, there's too much money floating around for these big shots to ignore and not want to get involved in.

:P:P;)

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Lucas

Lucas

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Good article on it all at ANR.

Dein is the club's movebroker. He brought in Graham, Wenger & Henry.

He conducts nearly all of the club's transfer business. Who will step up in his absence? Can anyone even name another director?

Arsenal will be owned by Kroenke before next season starts.

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BlinkyBear

BlinkyBear

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So, Walter Kronkite has bought a few more shares. Looks like he means business.

Whilst I'm too tired to type what I've been saying all day, it goes as thus:

If Tash Man wants in, will give us cash for players and brings Dein, then Hill-Wood et al can fuck off. "English Club"? Bollocks Mr. Chairman. We stopped being "English" when we failed to field an English player. It's hypocrisy and in danger of becoming an old-boys Club at Board level. Everyone has moved forward, so should we.

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Daley

Daley

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So, Walter Kronkite has bought a few more shares. Looks like he means business.

Whilst I'm too tired to type what I've been saying all day, it goes as thus:

If Tash Man wants in, will give us cash for players and brings Dein, then Hill-Wood et al can fuck off. "English Club"? Bollocks Mr. Chairman. We stopped being "English" when we failed to field an English player. It's hypocrisy and in danger of becoming an old-boys Club at Board level. Everyone has moved forward, so should we.

While I too can't be bothered to type everything I was thinking I will say this. How is he gonna buy us for what the papers think will be around £600 million when he is worth about £1 billion? Is he gonna really spend more than half of his fortune on buying us and then give us more for players? Current board gets my vote.

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g wings

g wings

Posted
Posted
So, Walter Kronkite has bought a few more shares. Looks like he means business.

Whilst I'm too tired to type what I've been saying all day, it goes as thus:

If Tash Man wants in, will give us cash for players and brings Dein, then Hill-Wood et al can fuck off. "English Club"? Bollocks Mr. Chairman. We stopped being "English" when we failed to field an English player. It's hypocrisy and in danger of becoming an old-boys Club at Board level. Everyone has moved forward, so should we.

Yep, I tend to agree. Dein was a real force for Arsenal and will be sorely missed i'm sure. The agreement to keep shares for at least another year is in itself a nonsense...what difference does a year make?

Moreover Wengers responses so far haven't exactly emphatically implied that he is happy with the situation.

Let Kroenke have ownership (it will happen sooner or later, be it Kroenke or some other fat-cat) at least if it happens soon we don't have as much upheaval and (presumably) we get Dein back.

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Dude Ranch

Dude Ranch

Posted
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Moreover Wengers responses so far haven't exactly emphatically implied that he is happy with the situation.

The interesting part is that Wenger is pro Dein but anti any takeover.

If we got took over, by parties including Dein, would he be more likely to walk than right now?

It's a bummer though, very unsettling. Perfect before a North London derby :) .

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Dude Ranch

Dude Ranch

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Posted
Former Gunner Ian Wright suggested Dein's departure has hit the players, especially French striker Thierry Henry, hard.

"I know the players aren't happy, I know Thierry's not happy," Wright told talk-SPORT.

"We're talking about a man (Dein) who goes into the dressing room after every single game, shakes every player by the hand and who knows all the youth team players.

"I know this for a fact that the manager and the players are 100 percent behind David Dein, and I can see real repercussions coming off the back of this.

"David Dein was not going to try and make moves to bring in a foreign investor from America without Arsene Wenger knowing about it."

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BlinkyBear

BlinkyBear

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While I too can't be bothered to type everything I was thinking I will say this. How is he gonna buy us for what the papers think will be around £600 million when he is worth about £1 billion? Is he gonna really spend more than half of his fortune on buying us and then give us more for players? Current board gets my vote.

Surely he wouldn't need to buy 'all' of us? A 51% stake would do it for ownership?

And £600million seems too healthy a price for me.

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V3zna

V3zna

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Surely he wouldn't need to buy 'all' of us? A 51% stake would do it for ownership?

And £600million seems too healthy a price for me.

All the recent deals for Premiership clubs have ended with the new owners taking pretty much 100% control of the clubs. I would think the prospective new owner would go down this road as well.

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V3zna

V3zna

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He meant a % of shares, not control. 51% of shares = 100% control.

Nope, not total control.

Going by other recent takeovers I think he'll go for 100% of the shares. If he gets to 90% then the other shares have to be sold to him.

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cantonarv

cantonarv

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Aren't Arsenal going to be the richest club in the world next time the stats come out, thanks to their new stadium? Because their first 6 months income was amazing.

If it was based around ticket sales maybe but other factors such as merchandising make just as much difference so no.

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BlinkyBear

BlinkyBear

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If it was based around ticket sales maybe but other factors such as merchandising make just as much difference so no.

We won't be the richest I don't think, but I'm sure we have the highest turnover of any english club inclusive of merchandising. Can't remember where I read that, but it was very recent.

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Dude Ranch

Dude Ranch

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Posted
We won't be the richest I don't think, but I'm sure we have the highest turnover of any english club inclusive of merchandising. Can't remember where I read that, but it was very recent.

I've also heard that shirt sales, for instance, are really high. In fact, more or less the highest of any Club is what I heard but I'm not sure about that.

Anyway, try to enjoy the game lads -_- . I think we can turn them over.

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