Kickette has the scoop on a bunch of Premier League players who posed for Pepsi and one of them was Arsenal’s very own Andrei Arshavin. I don’t know about you, but for me that photo seriously needs a caption. Feel free to add one in the comments.
Gods, I miss Lehmann
You really need to hang on until the very end with this video: funniest fucking tackle I have ever seen.
Let’s actually be serious for a minute… ok, there has been a lot of talk from UEFA over the last two years about addressing the problem of debt in the Premier League but up until now it’s just been that: a bunch of talk. Well, as it turns out a secret agreement among the top clubs and top leagues seems to have been hammered out with UEFA and it looks like everyone is going to agree to do something about debt levels. This secret deal has been leaked to the press and is currently making the rounds — I even saw a watered down bit in ESPNSoccernet.
If you want to get the real skinny on how this is going to play out, you need to check out Tony’s article at Untold Arsenal. According to Tony, Arsenal are going to be fine but several other clubs are going to need to do some major revisions if they want to play in Europe:
Anyway UEFA are now going to publish this report in full, and come out with a new set of Financial Fair Play rules, which it says are agreed in principle by the big clubs and their leagues.
These require clubs to break even financially from 2012-13. There are suggestions that the loophole of putting money into shares so it doesn’t show as debt is being closed in the new regs.
What’s more the report specifically (and yes it is specific on this) identifies Manchester IOU and Liverpool Insolvency as catastrophic in its own right, and there is implied criticism of the way the EPL and the FA have simply closed their eyes and said and done nothing about the disaster.
Ouch! If I’m a Chelsea fan, first I’d kill myself, but then I’d be shitting my pants right about now. How, exactly, are they going to break even much less turn a profit when they have the second highest payroll, no academy, no prospects coming up, and are bankrolled entirely by a Russian Oligarch? And Liverpool? And Man U?
Hmmm… looks like Arsene Wenger’s fiscally prudent approach to football is going to pay dividends sooner that I thought.
Oh and one more thing, you should fully expect Arsenal’s name to be lumped in with the other financial dopers in all the papers. Despite the fact that Arsenal are one of only a few clubs who are managing their debt, used the debt for improvements rather than leveraged buyouts, and are turning a profit every year.
That’s just how reporters work.