About Arsenal and money - do they have money, are they spending money?
Does Arsenal have the Money?
They do, going by bank balance alone.
Arsenal have more cash in the bank than Barcelona, Real Madrid and Bayern Munich combined.
Link :
www.mirror.co.uk/sport/football/news/arsenal-more-cash
Soccerex rank Manchester City and Arsenal as most economically powerful clubs in the world
Link :
http://www.skysports.com/amp/footba...most-economically-powerful-clubs-in-the-world
Arsenal recorded a turnover above 400 million for the first time showing an increase of 20% but the above mentioned cash balance shrunk by 46 million to 140 million.
Are Arsenal Spending Money?
This Transfer League Table is a record of the amount of money spent in transfer fees by English Premier League Football Clubs over the last five seasons.
Link :
http://www.transferleague.co.uk/pre...tables/premier-league-table-last-five-seasons
The "per season" column is the "Nett" total divided by the 5 giving an average of the money spent in transfer fees by each premiership club each season in the last five Seasons.
Arsenal's transfer dealings :
http://www.transferleague.co.uk/arsenal/english-football-teams/arsenal-transfers
So Arsenal have spent the most money after the sugar daddy clubs and the richest club in the world.
Not to mention the 350k a week contract given to Ozil.
What I intend to do with this lengthy post Is to make people understand that :
1.Arsenal have the money
2.Arsenal are spending that money
3.The problems at Arsenal won't be solved by spending more money as they keep buying the wrong kind of players.
Wenger was so successful during his early years due to the strong defense built by his predecessors.
In fact in his early days Arsenal used to be called One Nil Arsenal ( They even have a song about it if I ain't wrong) .This along with Arsene's French Connection helped him a lot.
But Arsene himself is not very good at building defenses and now he is finding it difficult to attract young players because he's mostly priced out of the deals.
The change at Arsenal has to begin from the top but the scouting department also has to take some blame. Appointment of the head Dortmund Scout is a step in the right direction but there's much more to do.