Quote:
Originally Posted by Damien
They have quite a bit of money, it's that Wenger doesn't buy much and they have been paying back the Stadium debt in excesses of their commitments. A testament to the board is that Arsenal could afford to miss out on the Champions league
http://www.guardian.co.uk/football/2...nger-transfers
He is sitting on a nice pile of cash. He just doesn't want to spend however much I want him to Buy De Rossi, Mexes and Hugo Lloris. 
I would say Spurs/Arsenal's boards are close to terms of business acumen. Arsenal have successfully completed the stadium move and what was basically a rebirth of the club. Spurs board now have that test in front of them.
We're both pre-inclined to look favourably on our teams though  I do concede a lot of Arsenal's stability and successful move is down to Wenger rather than the board. The guy should get massive 100ft tall statue dam it! |
Both better than Pompey anyway
I almost feel embarassed giving them £2m for Krancjar. We mugged them. How many £2m players have played as well as he has this season or even recently? Luckily Levy isn't as soppy as me.
Shows how desperate they were for money though and to get players off the wage bill. Scary to think that a couple of seasons ago they were solid mid-table and won the FA Cup. They also had a good team which they flogged a small fortune for. For that money to disappear almost instantly, takes some spectacular inepititude at club running.