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Fiszman - Not For Sale

Fiszman - Not For Sale

Danny Fiszman, Arsenal's largest single shareholder will not be selling his stake in the club.

Rumour had it that Fiszman was to sell his shareholings to the highest bidder at a time when interest in the North London club is at it's premium.

Thankfully, Danny has nipped it in the bud and confirmed with The Times (a better paper choice than Peter Hill-Woods Daily Star) that the thought never crossed his mind.

'I am not about to sell my stake,' Fiszman said in The Times. 'I have not set a price because I haven't thought about selling.

'Moving to the Emirates Stadium was like moving into a dream home.'

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Date:Wednesday September 12 2007
Time: 9:05AM


I just copied and pasted that from what I said the other day.
12/09/2007 09:16:00
Rocky, did you get the e mail from AISA? I got it last night and they 've sent a full transcript of what Fiszman said to them as well as the AST's position on the affair. I've got to say I'm very enthused by Hiull Wood and Fiszman's comments, in the long term a takeover makes no sense at all.
Little Dutch
12/09/2007 09:16:00
We have some of the best young players in world football and massive money coming in from t.v deals and a 60,000 stadium. Why on earth would the board need to sell at this time?? The Highbury development is well underway and the 're-mortgage' payments are more than covered with natural income, so again I stress that we have no need to sell. I can see why we'd be subject to speculation because of the healthy position of the club and the potential to infiltrate the asian and far-east markets, but all of our ambitions can and will be fulfilled by the current board.
12/09/2007 09:16:00
Another plus point that I didn't mention was the fact we have a manager that doesn't spend money. An erection inducer for any tight arsed board member.
12/09/2007 09:26:00
I did get it but not had a chance to read it yet LD, I'll have a butchers and rehash or produce another article.
12/09/2007 09:55:00
Rocky, get a job in the education profession, you appear to get loads of time on your hands:)
12/09/2007 10:04:00
The whole thing about the dein affair that is really getting to me is the fact that he's making out we are in the same position as villa or Chavski who needed to be sold in order to attract the sort of money they have needed to compete. Even forgetting the fact we have the don of a manager who develops stars rather than buying them, we are not in that position. Assuming we keep having a modicum of success we are in a fantastic position in terms of credit and revenue generation and the reason that people want to buy us is that we are in a position to make them bucket loads of money without them having to put in the work/ investment that we've seen at Chelsea or Man City. In short a sale will bring nothing to the club... not because it can't - of course it can - but because any of the sharks that are currently circling will be in it too make an easy buck.
kenny lunt
12/09/2007 10:20:00
Back in 2001 when the new stadium looked a risk, and the money men were ridiculing the expense of building in islington as opposed to outside the M25 citing that broadcasting revenues were more important than fans, investors were few and far between. It's easy to forget that finance was not that readily available and the board had to work very hard to get the initial finance in place and to restructure that finance at key stages of the development. Wenger understood the logic and built his team strategy on prudent spending and youth investment accepting the restrictions that the farsighted investment plans demanded. 5 years later, after the stadium opened, the 'investors' now see that we can fill the capacity with an entertaining and attractive brand of football. They now see that taking the risk of staying true to our roots has paid off, that Wenger has astutely managed the team without sacrificing our ability to compete in the medium and long term. In short they now see that the current board and management were brave, bold and right. Finances look positive for the future and only now these 'investors' so concerned about the clubs future now, though not when it looked riskier, want a slice of the action. The reality is we don't need them now, the time has passed when finances looked challenging, and we should resist these fairweather 'investors' for as long as the current board feel motivated and supported to continue to do so. They have earned our support.
12/09/2007 10:24:00
glad to noe fizman, glad to noe. keep those money-grabbn ppl from our club!!! they ain't footie fans!
12/09/2007 10:39:00
Just hope Fiszman is true to his word. Many of us might agree on not needing to be sold, but hopefully we will start to see some cracks in the plans of those that have gone down the takeover route. If there is any truth in the recent stories about the Glazers, and they were to cut and run inside the next year or so, it might tell business-people everywhere that buying out clubs is not a simple road to riches. That might help signify the peak of the takeover mania gripping the EPL. As PHW sort of said himself: "how far can the lunacy on transfers and wages possibly go?"
12/09/2007 10:56:00
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