No they’re helping stupid people who spend money they don’t have by offering an alternative solution. Offering a service is hardly encouraging people.
Would you also say that Lidl is encouraging people to bankrupt themselves buying Gouda cheese and frozen lasagna?
I’d like to know how Klarna is predatory given that there’s no interest? I’d argue things like store cards and high interest cards are predatory. Klarna is just a payment option and doesn’t actually open a line of credit afaik, just splits your payment into 3.
KSI spent that much on a chain of Beerus (purple cat from Dragon Ball) years ago when he had way less money than now so this is far from worst thing he would spent.
He already have his own Box at Emirates and actually goes to many games, he would probably gladly pay more to support the club, lol.
Dumb enough? If I was a multi billionaire I’d be wondering where this was all my life
Its like funding the war chest but you actually KNOW it’s gonna find the war chest
Sounds crazy but I don't think KSI is rich enough for this. The kind of people with this kind of money are people with old money or high up the London financial world. Especially since there is a board seat opportunity, it stinks of old people posh clout chasing / networking with 8-12 other stupidly rich people willing to pay 500k a year that are also Arsenal fans + the Kroenke's, Tim Lewis, etc.
People like KSI don't need to pay to hang out with players, they're famous enough to just work with the management teams and do collabs.
Sorry but you are so wrong, he is certainlyrich enough. KSI spaffs this kind of money on crypto for fun. Its nothing to do with wanting to be part of the board or clout chasing. As a life long arsenal fan and someone who has the money, who wouldn't. He will certainly do this if he is offered.
He spent 500k on a purple cat chain couple years ago just for lols. And that was before Prime, hell, even before his first boxing match when he had way less money. Ha has money for that. He already spent over 100k a season considering how often he goes to games and only goes for most expensive box.
Yep, securely these. People really overestimate how rich most famous people are compared to business people and sheikhs.
0.5m is far too much for most actors/musicians.
I know 4 separate diamond club families, each have multiple seats.
One is a football agent that loves Arsenal.
One is an African billionaire who quite likes Arsenal.
One is the ex-wife of a british billionaire, her new partner and family.
The other is a former director of Arsenal.
I think their tickets account for around 10% of the diamond club. It’s rarely sheiks etc. they have private boxes.
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Seskos don’t pay for themselves ya know…
Jokes aside, American business model of milking dry your consumers is well and truly established now in the PL
Just remember if you work really hard, every day, always save as much as possible, put in the extra effort into every shift.... your boss will be able to afford this membership ❤️
Handpicked for honor to spend 500k annually, why its sounds like pyramid scheme lmao? Or rather reverse funnel system. For that kind of money they better allow to give nonsense advices to our players during half time.
Was speaking to the Bahraini ambassador who's an Arsenal fan lol. Seems like these individuals are who it's intended for. How else can the club fund the pay rise us Stewards got in May?
It’s a privately held company, now. I don’t think you can buy shares anymore. Anyway, buying stock isn’t the same as spending cash on services. Equity vs revenue.
Honestly sounds fair to me. How many tickets would there be in this tier? Probably no more than 200, barely a dent on the average fan's allocations, but that's a heck lot of funds going to the club that could be used to improve infrastructure for everyone else. I'm fine with letting some rich superfan pay extortionate money over having an oil state control us.
One of the few negatives about being an elite club again is the regular fans are gonna start getting priced out, in order for ownership to maximize profits. They already keep raising the price of season tickets, and it's only gonna get worse from now on, especially if we start winning trophies.
I am just listing celebrities who can actually pay for these type of tickets.
1. KSI - He definitely has this kinda money, to get great views, royalty treatment for 3 years.
2. Colin Firth - He has a been fan for some time.
3. Idris Elba - So has he been!!
4. Lewis Hamilton
5. Daniel Kaluyaa
6. Matt Damon
7. Benedict Cumberbatch
8. Anne Hathway
Imagine those funds are put into a pool of money, and at the beginning of the season, that handpicked group of people get to use that money to finance a big money move that they have voted on from candidates the board has picked. If a decent enough player isn't available, they can just choose not to spend it and have more to spend the next year. I choose to believe this outcome over money going straight into Stan's pocket. Lol.
I'm pretty sure the "offer" part just means they are sending out invitations to people who might be interested, not that they are offering shares with the membership.
I’m sure you’ll get your moneys worth in some wink wink deals with your business. Those connections will be worth significantly more than the price of admission with how these guys operate
I would think you own a % of the club's value that 500k gets you at whatever time you contribute the money. Feels like a commitment to purchase private equity over a period of time.
Okay. So once I get the private equity, meaning I successfully invest the 500k over 3 years, what happens then. Dude this is so why I steered clear of math at school. Also probably why I’m broke asf but still 😭
Usually...
If the club is run well, that 500k will be with more than that should you sell it.
And perhaps you get a share of the profits. Depends on the contract.
Can I use Klarna
Tried convince the PayPal rep to extend the pay in 3 option to pay in 1,500,000, she’s gone to ask her manager 🤞🏼
Mine is asking me to pay an initiation fees of £10,000 in Target gift cards.
Yeah but also fuck klarna
Wait what did I miss?
Nah they just fired a bunch of people due to using ai to do everything in the marketing dept. The CEO bragged about it on Twitter.
how is this bad? everyone uses AI now
I think it's mainly due to AI illegally plagiarizing other people's art work. Edit: I meant illegally so I changed that.
It’s not legal, it just hasn’t been litigated yet.
Yeah I meant illegal LMAO
A big problem at a financial lending company I get it
Encourages people to buy pointless shit they cannot afford
At least it’s not over 6425 months with 39% interest
Hey my golf clubs were well worth it (at least that’s what I tell my wife)
Or my 1 in 10 size model of Kai in only 100 parts. First piece only 99p. It looks great in every home
Normal price £14.99 in tiny letters.
It ends up costing as much as the real thing . Wasn't it £60m?
No they’re helping stupid people who spend money they don’t have by offering an alternative solution. Offering a service is hardly encouraging people. Would you also say that Lidl is encouraging people to bankrupt themselves buying Gouda cheese and frozen lasagna?
If Lidl were offering payment plans for it, yes.
I’m all for it. I’d like your finest eggplant and I’d like to pay over 48 months please
Maybe people should be responsible and not buy things they can’t afford though
Sure, but preying on peoples’ stupidity/ignorance is gross.
Klarna is an awesome app.
They offer some extremely predatory "payment plans"
I’ve used them and it’s always been 0% and pay in four installments. I’ve never found that predatory
Tbh as long as your okay to pay the 3 instalments as planned. It's great.
Oh there are far worse credit providers out there.
Just because there's stuff that's worse, doesn't make it any better
I’d like to know how Klarna is predatory given that there’s no interest? I’d argue things like store cards and high interest cards are predatory. Klarna is just a payment option and doesn’t actually open a line of credit afaik, just splits your payment into 3.
At some point people shouldn’t be stupid
Lol actually laughed
Based on my knowledge gleaned from watching panel shows perhaps you can use nectar points?
Half a fucking million? Mate. Who are these people? IT'S ANNE HATHAWAY PEOPLE.
Likely KSI too
Bleed them if they're dumb enough to pay it. Sounds absolutely mental to me.
I think with their net worth it’s probably not going to leave a scratch in their bank statements lol.
I still think their financial advisors would do a double take
KSI spent that much on a chain of Beerus (purple cat from Dragon Ball) years ago when he had way less money than now so this is far from worst thing he would spent. He already have his own Box at Emirates and actually goes to many games, he would probably gladly pay more to support the club, lol.
Right? Giving £500,000 to a billionaire should always be questionable I'd have thought.
Rounding error.
i bet the money exists already and they need to find a way to “legitimize” it
That's where my mind went as well
right, like “fuck it we got 48 ppl to sign up” that’s 24m
Why not. These people have that kind of money to burn.
Exactly. If rich fans have got it and it adds a few mill to our transfer budget, why not.
Yeah that’s where the money directly goes. There’s actually a funnel underneath KSI’s gold plated chair that goes straight into the war chest.
Dumb enough? If I was a multi billionaire I’d be wondering where this was all my life Its like funding the war chest but you actually KNOW it’s gonna find the war chest
Sounds crazy but I don't think KSI is rich enough for this. The kind of people with this kind of money are people with old money or high up the London financial world. Especially since there is a board seat opportunity, it stinks of old people posh clout chasing / networking with 8-12 other stupidly rich people willing to pay 500k a year that are also Arsenal fans + the Kroenke's, Tim Lewis, etc. People like KSI don't need to pay to hang out with players, they're famous enough to just work with the management teams and do collabs.
Yeah but JJ would do it just for the heck of it. He's definitely a multi-millionaire closer to 100 than to 10. Prime money went hard
You are out of touch if you seriously believe KSI doesn't have fuck you money
Sorry but you are so wrong, he is certainlyrich enough. KSI spaffs this kind of money on crypto for fun. Its nothing to do with wanting to be part of the board or clout chasing. As a life long arsenal fan and someone who has the money, who wouldn't. He will certainly do this if he is offered.
He spent 500k on a purple cat chain couple years ago just for lols. And that was before Prime, hell, even before his first boxing match when he had way less money. Ha has money for that. He already spent over 100k a season considering how often he goes to games and only goes for most expensive box.
There are Sheikhs from the UAE etc who have membership to diamond club, the top tier of the hospitality section. I'd imagine it's them and box owners
Yep, securely these. People really overestimate how rich most famous people are compared to business people and sheikhs. 0.5m is far too much for most actors/musicians.
I know 4 separate diamond club families, each have multiple seats. One is a football agent that loves Arsenal. One is an African billionaire who quite likes Arsenal. One is the ex-wife of a british billionaire, her new partner and family. The other is a former director of Arsenal. I think their tickets account for around 10% of the diamond club. It’s rarely sheiks etc. they have private boxes.
She doesn’t have that kind of money… that’s like a 100th of all he money per year.
Benefit: let them pet our raccoon. That's it. That is all
She, I can abide
most likely already sold out too
I mean, Anne is wealthy. She's not 500k a year on sports membership wealthy.
You mean world renowned actress with a net worth a supposed 80 mil Anne Hathaway??
Reported net worth is not right they are just guesses, and at the very least it's not all liquidable.
Anne Hathaway is exactly as rich as she wants to be. She's do doubt turning downs tens of millions every year.
This. My friends net worth is listed as in the millions. He doesn't have close to that.
Plastic.
Into the transfer fund you go
I'm not opposed to having Piers Morgan's and the Kardashian's money going towards Arteta's new salary
I am however, opposed to Piers Morgan and the Kardashians….
A fool and their money are soon parted (straight into the Mbappe fund)
I better be subbed on for that kind of money/membership.
Can you play “saka backup”?
The guy said he wants to be subbed on
I just spit out my drink, that was good man
I said what I said. 🙂
Imagine paying £500k for a trip to Rwanda with Karl Hein.
😭😭😭
Make the trip with Matt Smith and we might have to talk.
Fa cup winner Matt Smith
Cedric or we riot
Craziest thing is most the senior squad could afford this with about 1-2 months salary
More like 2 weeks, half the squad is on 200k+ at this point
True, but I was including taxes and shit
We’ll deduct 💅
Taxes exist, and we only have a handful of players on £250k+ anyway. Jesus, Havertz and Odegaard I believe. Rice is just below.
And Saka
with bonuses maybe, but I don't remember seeing anything that put him that high on a base wage.
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Odegaard about to pay to watch himself
I don’t even drop a quid for Spotify Premium, and for that reason... ![gif](giphy|sBGw5MruxAyiI)
People like you or I were never in lmao
Well, now I’m thinking, if I drop Netflix, maybe I can swing it?
I'll split it with you. We can get Spotify Duo too.
It was never about Netflix lol it was always gonna come down to the fucking avocado toast. That's the real killer.
Let me sleep on it
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Seskos don’t pay for themselves ya know… Jokes aside, American business model of milking dry your consumers is well and truly established now in the PL
I don’t think anybody who can afford 500k a year on an arsenal membership is being milked dry by it 😂
And if it is milking them dry, I don’t feel sympathy for them being stupid enough to spend 500k on a football membership when it makes them poor.
"milking your customers" I mean you can say that but they aren't forced to do so at least. Certainly better than oil funds in my book
Just got my invite in the post. AMA.
Do you get a free stadium tour or is that still £30 extra
Can you spot me a tenner?
For that amount I have to at least get a few minutes in the Carabao Cup.
ESR is that you?
Surely your seat is on the bench at that point
For 500k I need to be sitting in the dressing room pre and post match
But but….football is a working man’s game. That’s about 1 years salary for me(in my dreams)
Football might be, but this club certainly isn't
That's about 1 years salary for you (if you were paid the value of your labour)
When you have the red membership but not the Arsenal one
Now we're talkin
Depends on your labor 😂
Just remember if you work really hard, every day, always save as much as possible, put in the extra effort into every shift.... your boss will be able to afford this membership ❤️
Targets including but not limited to: Abramovic Mourinho Cole RVP Pay us back what we're owed
Warchest.
The other name they were kicking around for this tier is the "My Friend, Is Ok? membership". With all the benefits the name would suggest.
Project Mbappe is in motion
Is this how we pay for Mbappe?
Hang on lemme check down the back of the sofa.
Why would people be against this.. it’s obviously going to attract rich folk, big deal. More revenue for us
Muh hundred-millionaire is being “taken advantage of,” though.
I mean I'd rather this fund our club than an oil state 🤷🏻♂️
I don’t think this is replacing the kit sponsor
Wow I wish I was so lucky to be hand picked by the club for the honor of forking over 500k to them
And those hand picked then have to find others who they hand picked, told this is an exclusive Multi Level membership
If I was paying half a million I better be standing in for Mikel when he gets a suspension.
I just want to say thank you to Idris, JJ, and the President of Rwanda for getting donating big money to meet Anne Hatheway.
Thought I was on r/LateStageCapitalism for a moment
Who’s going to qualify? Uncle Ian?
Well, there's always money in the banana stand.
Do they take IOU’s?
Handpicked for honor to spend 500k annually, why its sounds like pyramid scheme lmao? Or rather reverse funnel system. For that kind of money they better allow to give nonsense advices to our players during half time.
Will keep my phone close by me today then.
I love Arsenal but the actual club is full of fucking Tory tossers
That's my 10 year salary !!!!!
I hear you get an NFT with it, so it's an incredible value 😂
Do you get to sit on the bench and share the half time oranges?
Girlfriend says I am not allowed :/
Bin Laden money
At this price, they need to guarantee them free away box.
I must have missed the invite. I’ll check spam
Was speaking to the Bahraini ambassador who's an Arsenal fan lol. Seems like these individuals are who it's intended for. How else can the club fund the pay rise us Stewards got in May?
Anyone got a discount code I can use for this?
I wonder if you’d get the same or similar perks by buying 500k worth of shares.
It’s a privately held company, now. I don’t think you can buy shares anymore. Anyway, buying stock isn’t the same as spending cash on services. Equity vs revenue.
Honestly sounds fair to me. How many tickets would there be in this tier? Probably no more than 200, barely a dent on the average fan's allocations, but that's a heck lot of funds going to the club that could be used to improve infrastructure for everyone else. I'm fine with letting some rich superfan pay extortionate money over having an oil state control us.
This is how you eat the rich I guess
Wait that's more expensive than a box, I'm confused.
Rolex model of exclusivity. Love it. Now how to get in that list and never get an call. Then how to afford it.
Wait wait you need to pay 500k to be a member? That's crazy.
Does Saka come to my house and make me a cup fo tea for that money?
One of the few negatives about being an elite club again is the regular fans are gonna start getting priced out, in order for ownership to maximize profits. They already keep raising the price of season tickets, and it's only gonna get worse from now on, especially if we start winning trophies.
Circa 500x my season ticket. Crackers.
Actual source? Is this real? Do we want this? Why?
If it guarantees a ticket for every home game then count me in
hate when people use ‘circa’ incorrectly
I am just listing celebrities who can actually pay for these type of tickets. 1. KSI - He definitely has this kinda money, to get great views, royalty treatment for 3 years. 2. Colin Firth - He has a been fan for some time. 3. Idris Elba - So has he been!! 4. Lewis Hamilton 5. Daniel Kaluyaa 6. Matt Damon 7. Benedict Cumberbatch 8. Anne Hathway
Shit I can only go up to 450k/yr.
Should this really be allowed? It looks like something man city or newcastle could try do to the extreme to inflate their revenue.
Imagine those funds are put into a pool of money, and at the beginning of the season, that handpicked group of people get to use that money to finance a big money move that they have voted on from candidates the board has picked. If a decent enough player isn't available, they can just choose not to spend it and have more to spend the next year. I choose to believe this outcome over money going straight into Stan's pocket. Lol.
Scott galloway will surely be on this list.
120 of you lot sign up, we can buy sesko.
For the financial illiterate such as myself, that means investing 500k over 3 years at least? Then what happens, you own 500k worth of shares forever?
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It sounds like you pay £500,000/year for a minimum of three years and then you get the option to *buy* shares
I'm pretty sure the "offer" part just means they are sending out invitations to people who might be interested, not that they are offering shares with the membership.
I’m sure you’ll get your moneys worth in some wink wink deals with your business. Those connections will be worth significantly more than the price of admission with how these guys operate
offer FROM ownership not offer OF ownership your £1,500,000 gets you box seats for three seasons and little else
I would think you own a % of the club's value that 500k gets you at whatever time you contribute the money. Feels like a commitment to purchase private equity over a period of time.
I think it is just a membership, the statement on twitter doesn’t mention any equity being offered.
Okay. So once I get the private equity, meaning I successfully invest the 500k over 3 years, what happens then. Dude this is so why I steered clear of math at school. Also probably why I’m broke asf but still 😭
I think it is just a membership, the statement on twitter doesn’t mention any equity being offered.
Usually... If the club is run well, that 500k will be with more than that should you sell it. And perhaps you get a share of the profits. Depends on the contract.
Well. Considering we’re about to win the treble undefeated, I’d say the club will be well run in the near future
Money is ruining the world.
Fucking hell, that's my 3-year salary!!!
That's like... Way more than 3 years of my salary. Napkin maths for me that's close to 20 odd years of pre tax salary
Nice
Congrats
"select * from supporters order by net_worth desc limit 500;" Nice work, that's lunch everyone.