The Ramblings Of A Pessimistic Arsenal Fan

Arsenal FC – A Beacon Of Light In A Dark Financial Tunnel

I would just like to say how proud I am of Arsenal Football Club and the way it is run following the recent transfer window spending madness.

Despite the fact that funds are available for players (the accounts prove this) they refuse to pay inflated transfer fees which do not represent value and will not pay players ridiculous salaries just to keep them at the club which, when added to transfer fees can increase the fee over the contract period by at least half as much again or even more.

I know there will be people who will say this is just sour grapes as we haven’t won a trophy for a few years but frankly I think it is more important to have a club still in existence than bankrupted by a rich owner when they are finished playing with their latest toy.

It seems to me that with only four trophies to be won each year there are going to be quite a few dissatisfied owners and there are likely to be more Leeds United situations arising in the future. This especially applies to clubs who think that a new stadium in Stratford will make them a world footballing power!

I hope against hope that Arsenal will continue to run their club with shared control whatever the cost in trophies but sadly I would not be surprised if they eventually follow the rich owner “route to success”.

  1. Hmmm, Simon and I had a discussion about this the other day. In the context of the traditional top 4 and especially the nouveau top 4, Arsenal are relative angels. But in relation to the rest of England, in wages terms, I’m not sure it stacks up. Better than Chelsea and Man City? Definitely. A beacon of light? I’m not convinced.

    Cesc Fabregas gets paid half a million pounds every month! Arsenal do still have the fourth highest wage bill in the country. Arsenal do also pay non-first team teenagers significantly more than most teams in order to keep them there. The amount of money Arsenal spend in wages in relation to its turnover is higher than Man Utd.

    The one thing Arsenal don’t do is pay silly transfer fees but that is largely because they recruit kids and spend more on them. Their model is far more sustainable though, you can’t argue with that and it is something to be proud of.

    • I hear what you say and certainly wouldn’t argue with the financial stats.However my point is that Arsenal are,and since the ninetee thirtiesalways have been,one of the biggest and most famous clubs in the world and I am only comparing them to the other “big” clubs who can only see massive spending on players and wages as a way of remaining a big club.I believe Arsenal’s wages are below the other “big” clubs and thus far they have stuck to their principles as far as finabcial matters are concerned.Whether this will always be the case remains to be seen.

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