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Old 08-31-2013, 01:48 PM   #233
Addick
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Quote:
Originally Posted by diane_phaneuf View Post
assuming the money has been there for a 20m a year transfer budget they had 91.8m available that wasn't spend the last few years

it could have been saving money for the stadium (some say it was Levy not trusting Harry to spend) but either way, the money is there with or without the Bale sale
But they have less than 20m in hand. Anything over that would have to come from sales or investment in the club.


Quote:
Originally Posted by diane_phaneuf View Post
they want a large portion of the stadium funded by a sponsor, and the rest of it covered by the government for the other additions they are making (shops, new homes, etc.)
This is what gets me both from an Arsenal and professional point of view. The Council and GLA should not be subsidizing a private venture like this, especially, when they are requesting almost no contributions in the Section 106 agreement.
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