Tuesday, 5 August 2014

Usmanov: New era of Trophies for Arsenal

Arsenal shareholder Alisher Usmanov, who owns 30 percent of the club, believes the team are edging into a period of glory. Information Nigeria understands.
The Gunners ended their long run drought for a silverware by beating Hullcity in a pulsating final.
Speaking to Daily Telegraph, he said:
The club is very well placed to succeed, he explained.
I think we begin a new era for Arsenal
where we win trophies. That is most important for football. In my
opinion, in line with the existing
rules, the club has the correct
decision-making process in place,
including their selection policy,
especially now, when they have
the means to buy the best players.
I think that Arsenals planning was based on acquiring the new stadium, a decision taken by the previous
The acquisition was financed with debt, which would be repaid through matchday revenues, among other
There is another way of doing it: when shareholders buy all of the assets and contribute them to the club.
As a result, these debt-free assets may generate income for the club. It is always up to the shareholders to choose which model to adopt.
The board and main shareholders chose the debt option at the time, which led to Arsenal going almost 10 years without winning a domestic title or the
Champions League. The first trophy only arrived in the 10th year. As a result of this choice, they were selling players and were unable to buy top players.
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