Wazzerphuk
FH is my second home
- Joined
- Dec 22, 2003
- Messages
- 12,054
No I'm not surprised, which is a sad indictment of the FA.
Supposedly the ban is lower because Suarez used the word(s) repeatedly.
Arsenal Financial Results said:Group turnover was £243.0 million (2011 - £255.7 million). Reduction was due to the expected lower level of property sales activity.
Revenues from football increased to £235.3 million (2011 - £225.4 million) with Commercial activities contributing £5.6 million of this growth.
Operating profit (before exceptional costs, depreciation and player trading) in the football business was £32.3 million (2011 - £45.8 million) with revenue gains outweighed by increased wage costs.
Profit from player trading of £26.0 million (2011 – loss of £14.6 million) with gains from a number of significant player sales, including Cesc Fabregas and Samir Nasri, partially offset by higher amortisation charges.
Low key year for property business with an operating profit of £2.2 million (2011 - £12.6 million) as Highbury Square project draws to a satisfactory close.
Group profit before tax was £36.6 million (2011 - £14.8 million).
Cash and bank balances amounted to £153.6 million (2011 - £160.2 million) at the balance sheet date and as a result the overall level of Group net debt was stable at £98.9 million (2011 - £97.8 million).
http://www.thesun.co.uk/sol/homepage/news/4560138/arsenal-andre-santos-driving-ban.html
12 month ban well deserved.
can he appeal? will any info be released?
seems a bit bizarre that they can punish him for something that a court has already found him not guilty of - unless they are punishing him for "bringing game into disrepute" the football equivelant of the Patriot Act![]()
You are correct. You have £150m in the bank and owe ~£250m. This is just looking at cash held and money owed on debentures and bonds.Can someone who knows money tell me if this means we have more more in the bank than we owe? Or if we paid the £150m off the debt we would owe £100m?
By that logic, shouldn't Ferdinand be banned too?![]()
Wolves had lost to Norwich in the semi-finals the previous season - Jones’ first full one in charge.
In his book he writes: “We’d developed a three-year plan to win promotion when I joined, and I had achieved it in two.
“The atmosphere was unbelievable, everyone was pulling the right way. The fans were delirious with joy and swarmed on to the streets of the city to party as we showed off the play-off trophy final on our open-topped bus tour.
“It was a fantastic achievement, but, as we’ve seen many times before, if you get into the Premiership you have to have funds to strengthen.”
At a meeting with the board and then owner Sir Jack Hayward - now Wolves president - Jones was asked how much it would take to keep the club up. “Twenty million pounds,” he replied. How much to finish in the top half? was the next question. “Up to 30 million,” he replied. The third question was: “How much to win the whole thing?” Jones says he was amazed by the boldness of that question and gave a truthful answer: “Why don’t we just consolidate and make sure we stay up, then slowly build?”
Jones was encouraged by the questions but says: “Imagine my disbelief when the board stumped up next to nothing. Three million quid was all I was offered. Laughable. Peanuts. Pocket money. The kind of money that buys you one player, and an average one at that.
“I had to stay and attempt to achieve the impossible instead of just walking away, as some would have done.”
He had lined up a few players who would have cost around £16m but had to change his plans.
“I will never understand why, having waited 19 years to get there, they didn’t throw money at it. I never found out Sir Jack’s reasons,” he wrote. “In the January transfer window I did get another couple of million ... but even that was vastly insufficient and anyway we were too far off the pace by then.”
As the club headed towards relegation Jones was told by friends and other managers that he should move on, but he didn’t.
“I had a lot of respect for the people at Wolves and, still, for Sir Jack. I was just confused and angry about how he had failed to back me, the club and the fans after promotion,” he added.
Why do I get the feeling Gervinho is going to make up for his horrorshow last week :/
Billargh said:FOREHEAD!