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Time For Arsenal To Splash The Cash?

Emirates Stadium, Arsenal v Braga , Uefa Champions League 15/09/2010  Arsenal Manager, Arsene Wenger Photo Marc Atkins Fotosports International Photo via Newscom
Arsenal have today announced record profit levels of £56million, an announcement that only further fuels the claim that the Premier League really is recession proof. But will these impressive financial figures finally see Arsene Wenger tempted in to splashing the cash?

The probable answer is no. Wenger has always avoided big money deals in favour of the cheaper long term deals. It has been stated in the past that there was money there for the Frenchmen to spend, and yet there have been no big name signings.

Instead Wenger put his faith in his young starlets, and their midweek performance at Tottenham in the Carling Cup shows that the Gunners are producing some of the finest prospects in World football.

But the problem with this is that it is a very long term approach to success. Football is a very short term world and while it does make a refreshing change to see a manager take a more logical long term approach to success, you have to question whether it is really the right policy to deliver a trophy.

The last time the Gunners tasted success was in 2005, and other than a couple of flings with the Carling Cup, in truth they have never really looked like going on to end their barren spell. However every year we say that Arsenal are getting better and the promise they have shown during the opening few games of this campaign suggests this could be the year that their luck changes.

But I can’t help but think that if Arsenal do have another trophyless season than it might just be time for Wenger to splash the cash, especially when you consider the probable departure of Cesc Fabregas.

 Yes there is nothing wrong with giving your players a chance, and there is no reason why this can’t continue, but I can’t understand why Wenger is so opposed to bringing in a big name signing. Sometimes all it takes to take a side to the next level is a top signing, if you have the funds to bring somebody in, why not use them?

What do you think? Should Arsene Wenger finally start to splash the cash or are his young guns good enough to bring success to the Emirates Stadium?

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  1. Goal Addict

    September 25, 2010 at 7:15 am

    Every manager has their own style and Wenger has his. I respect him because he doesn’t succumb to everyone’s pressure. Even before the move to the Emirates Wenger has always bought youngsters and he has never splashed on any player. Arsenal still have a quality side and they are getting better every year and I think Wenger should stick to his guns.

  2. Gareth van der King

    September 25, 2010 at 7:02 am

    Arsenal have had one of the highest wage bill in the prem for donkeys.
    So maybe they dont spend money on buying new layers like Chelski, or Manc but they still spend loads more than the average prem side.
    If you go back and look at the stats they spend twice as much on wages as most of the prem up there with the likes of Manu and Chelski.

  3. Hugin

    September 25, 2010 at 1:59 am

    I’m very impressed by Arsenal’s way of dealing with money. It’s called responsibe money management. As an economist, I really would not recommend that anyone manages its finances in the way that most of the other top clubs do. Running your business on loss year after year would normally make shareholders stay away from your business. But football clubs don’t build up their business for the long-term like other businesses are supposed to do…

  4. kurt louis bento

    September 25, 2010 at 12:45 am

    i dont have a problem with the youth policy. in fact. i love it. like dave said earlier. this is going to be great for teams like arsenal and man u in the future. we are def going to be up there, with profits, winning as much as we can.

    however, quite often, there are positions that need to be strengthened from outside. or back-ups at times. wenger has already broken the mould by signing squillaci. and he just might do so in the future.
    i see him finding a balance pretty soon. his main objective, besides the youth policy was to keep the club stable and above ground. and he has achieved that.

    here’s to him. in arsene we trust. and we always will.

  5. arsenalindia

    September 25, 2010 at 12:44 am

    this is wengers project. he does not WANT a big name signing, as he wants to prove that his players can do it on their own. and i believe that wenger and his young guns will do it, show the world what they are. they need that one trophy to break the barrier, and then theres no stopping the flood!!

  6. Chappers

    September 24, 2010 at 10:17 pm

    The irony is that it’s really only now that Arsenal are in a position that vindicate Wenger’s prudent way of dealing with transfers. Before, we were forced to rely on these young 18-20 year-olds to perform beyond what their experience allowed. Now we’re starting to see the benefits of developing our Academy to produce players who are firmly integrated into the style of play of the first team, and while the first-team players are still young, they have the necessary experience now to know what is expected of them. At the end of the day though they haven’t yet won a trophy and it’ll be interseting too see how much of a hurdle that’ll be to overcome.

    As long as we aren’t afraid to splash the cash in areas where there is a need to strenghten, I have no problem with the way Arsene runs the club. The problem has been a lack of money, but with the debt of Highbury Square fully paid for and a healthy bank balance overall, we seem to have weathered the storm, while the likes of Utd Chelsea and Liverpool are cash-strapped.

    Arsene, just don’t be afraid to spend when we’re in need of reinforcements in certain positions, because the answer isn’t always to strengthten from within the club.

  7. Aziz, KL-Malaysia

    September 24, 2010 at 9:18 pm

    have a look at Wilshere …. you know what’s his market value in a very short time ? … That’s as good as a “big” signing, but it hasn;’t cost us anything. And there are dozens of similar players in the youth just waiting to take the step. Why blow millions for some crazy-headed ballerinas and other morons if we have already top class material coming through year by year.
    No need to buy any wankers. Arsene – just keep going like this.

  8. pacificStyle

    September 24, 2010 at 9:11 pm

    Yo Dave! Word! Well said, man.

  9. norfolk Enchants

    September 24, 2010 at 9:07 pm

    F*ck that noise. Keep to youth movement charging forward. I don’t want to win on ManU terms

  10. Seminole Gunner

    September 24, 2010 at 9:06 pm

    I think Arsene should continue to use his keen eye for undervalued talent, but also be a little less thrifty. Don’t go crazy, but if the right player is out there spend the money to bring him in. I think this will give Arsenal the best chance to win, rather than just come close to winning.

    Maroune Chamakh is a good example. He’s a been a perfect fit for the Arsenal system, such a perfect fit in fact that he definitely would have been worth paying the fee Bordeaux wanted last summer. If Arsenal had paid the fee, then they have Chamakh to rely on when Van Persie goes down last year, and maybe the wheels don’t come off the title run.

    I think Arsene deserves a great deal of credit for keeping Arsenal at such a high level on a budget that is far more restricted than the other top teams. At the same time, I fear that continuing to manage the finances in the same way will lead to Arsenal finishing 2nd and 3rd to a revolving door of bankrolled champions. Perhaps Abramovich grows tired of the Premier League, and Chelsea falls apart. Man City will be there to take their place, and maybe another club after that. Someone is always going to be spending crazy money.

    • Dave

      September 24, 2010 at 9:12 pm

      Not with the new Premier League rules kicking in a season or so. Teams will have to use funds created by the club to sing players etc. So the man Citys and Chelseas will be SOL as well at the Filham and Wigans of the league. Rich owners can’t inject persona funds to boost clubs whether to put a team over the top or buy a scrub team and blast them up into top flight.

      This will be both good and bad, but that’s another debate. the point is the transition for Man U and Arsenal will be seamless. It’s probably why Man City went nuts this season. They want to spend while they can.

  11. dlink09

    September 24, 2010 at 8:54 pm


  12. UpTheBlues

    September 24, 2010 at 8:53 pm

    But Wenger spends it all on candy to hand out of his white van…

    • Robert

      September 24, 2010 at 9:15 pm

      Poor form, man. We’re better than that.

      • UpTheBlues

        September 24, 2010 at 10:12 pm

        Just trying to get some friendly banter going… 😉

        • Robert

          September 25, 2010 at 7:01 am

          Heh, fair enough. I think that’s what good ol’ ‘Arry Redknapp was trying to do when he said of Wenger: “Now he has joined the nutters, you know! In fact, he is one of the key nutters!”

          My suggestion for the next leading EPLTalk poll:

          “Besides Wenger, who are the keyest nutters in the Prem?”

  13. Dave

    September 24, 2010 at 8:52 pm

    I guess it’s more how you measure success. Chelsea lost 47 million and won the Premier league. if that is success I will take what Arsenal has been doing because that means in 5-10 Arsenal will be winning still while clubs that spend like drunk sailors swoon. Even the richest people can’t keep losing 20-50 million and sustain it. it just doesn’t happen. The feeling of being champion wears off and the money loss isn’t worth it.

    In life this has always been man’s down fall in all things: quick fix or building things to last.

    Wenger’s strength is finding talented players that haven’t peaked yet and grabbing them. Whereas a Man City spends 26 million on MIlner, Arsenal signs a free transfer of Chamakh who has been a revelation.

    It’s not to say your point of maybe needing to drop money to get a big gun t seal the deal might not be what’s needed, so far Wenger has proven he can do it smart without wasting millions. Besides you want that sort of money for the January transfer winder when injuries are in play or you are in striking distance.

    Arsenal right now with man U are in a class of their own. There’s more to a successful team than results on the pitch…

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