It's another one of those Friday afternoons... you know, where the Arsenal PR machine releases a story late in the day in the knowledge that the press won't be able to give it as much coverage as they would, if it had been announced earlier in the day or week. There's the carpet, here's a brush... you know the rest.
The numbers are out, and it's now been confirmed that Arsenal have got around £120m of cash they're sitting on. It could be used for transfers, to give us a squad truly able of competing for honours, but we'd much rather get a free loan deal for a bloke with a broken back. To my mind the fooball season is 9 months long so while it's great we've been up at the top of the table, we'll see over the coming weeks if our knackered and injured squad can cope with the final push.
Emirates are throwing £150m at us. Puma are throwing £150m at us. We've signed a number of secondary commercial deals of late. We're getting an uplift of around £30m this season in TV broadcast rights. It's now been confirmed we have around £120m of cash in the bank. So again it has to be asked...
WHY THE 3% PRICE INCREASE NEXT SEASON??
I'll tell you why. GREED. Out and out greed. The club doesn't need the £2.8m the price rise will bring in, but because they've not put prices up for a couple of years, why not demand more from the loyal, core support?
Our Board can spin all the crap it wants, but fact is they're a bunch of money-grabbing greed merchants.
Up The Gunners