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Arsenal Deny Wrong Doing

Arsenal Deny Wrong Doing

With the freshly broken story that Arsenal are to be investigated for their involement with Belgian club Beveren, the board have acted swiftly to deny any wrong doing and have issued a statement.

Tonight's screening of 'News Night' will look at how an investigation into susspected mafia involvment with the tiny club led to the discovery that Arsenal Football Club had issued a loan to the consortium that owns Beveren.

Until further investigations take place, everything is a bit sketchy, and as I'm not knowledgable on the whole economics scene, this is all very confusing, I guess this will become a little clearer after tonights program. Until then, here's the statement issued by the board.

------------------------------------

'Arsenal Football Club is aware that BBC Newsnight is carrying a story this evening purporting to describe Arsenal's relationship with Belgian football club, Beveren.

Arsenal does not normally make public its agreements with third parties. However, Arsenal can confirm that it has had a technical relationship with Beveren since 2001. This relationship has a number of benefits to both clubs such as providing a platform to share coaching methods and techniques as well as facilitating the option of players being loaned between the clubs. For example, during the course of the relationship, Arsenal players David Grondin, Liam Chilvers, John Halls and Graham Stack all spent successful loan periods at Beveren as did Emmanuel Eboue, who played in a number of trial matches with Arsenal whilst contracted to Beveren. Such was the latter player's success, Arsenal subsequently signed Eboue on a permanent basis.

In addition, Arsenal confirms that it has never owned, directly or indirectly, any shares in Beveren or had any power whatsoever to influence its management or administration. It did in 2001 provide funds of 1,570,703 Euros by way of loan to a member of the consortium to assist in stabilising the finances of Beveren.

At no time has anyone at Arsenal been contacted by any regulatory or investigatory body with respect to its relationship with Beveren. Arsenal and all its staff have acted properly throughout, in accordance with all applicable rules and regulations, and in the best interests of Beveren, Arsenal and the broader footballing community. '


Click here to join in the debate on the club forum.

Writer:Rocky7
Date:Thursday June 1 2006
Time: 8:29PM

Comments

0
Initially I was proper worried, but after closely reading the Arsenal statement I reckon it's going to be alright. I am trying to fnd an actual offence??
GunnerBlood
01/06/2006 21:55:00
0
When i heard the news it sent shivers down my back but after reading the statement from the board I feel much better. Wait till the Jewish club down the road hears about it, I can hardly wait; I think not.
alwaysgunner
01/06/2006 22:07:00
0
It will all come out in the wash
GunnerBlood
01/06/2006 22:11:00
0
How can this have come to light? Surely as David Dein is clearly in charge of the Premier League, FA, UEFA, FIFA and NATO (according to all our wonderfully educated Spurs supporting friends), he could have kept it all under wraps!!!!
pitythefool
01/06/2006 22:13:00
0
Don't worry gooners following an investigation by the FA, FA chief David Dein has found Arsenal Vice Chairman David Dein entirely innocent on all counts
yorkshireyid
01/06/2006 22:23:00
0
could be bad news for you guys
Mexbro miller
01/06/2006 22:27:00
0
Yes YorkshireYid, entirely proved PTF point that you have no knowledge of Dein's role at the FA. However, it will be interesting to see how this one pans out.
Rocky7
01/06/2006 22:29:00
0
wouldnt it be easier for dean to leave his post at the FA, should be sorted easily enough
green giant 12
01/06/2006 22:52:00
0
Green - was has that got to do with anything? I appreciate you want to build your points score up, but please think about what you are saying before you say it.
Rocky7
01/06/2006 23:22:00
0
Dot worrie im sure Dean can sort it or you could just pay your way out of it .......Nothing like a good bung
ihatescum
02/06/2006 00:34:00
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