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Updated: 26/02/2012 04:48 | By ESPNsoccernet staff, www.espn.co.uk

Overspending would be crazy - Wenger



Arsene Wenger ahead of kick-off, Sunderland v Arsenal, FA Cup, Stadium of Light, February 18, 2012

Arsene Wenger is under pressure to spend this summer

Arsene Wenger has launched a staunch defence of Arsenal's transfer policy, insisting the idea they should spend money they do not have is the reason "the whole world is bankrupt".

Arsenal have come in for heavy criticism in the wake of the Champions League thrashing at AC Milan and FA Cup exit to Sunderland, with many feeling the club have failed to adequately replace the likes of Cesc Fabregas and Samir Nasri.

There have been reports that, with captain Robin van Persie approaching the final year of his contract, the Gunners are now prepared to spend in the summer to avert a decline.

However, Arsenal have always emphasised the importance of their self-sustaining business model, and Wenger feels taking the kind of financial risk advocated by the club's critics would be foolish.

"What is unbelievable is that we run the model that should be absolutely normal and we look crazy. That is crazy," Wenger said. "People will do anything stupid, but we are not crazy, we are all right.

"We spend £1 if we make £1 and [then people say] 'What are they doing?' That is what is absolutely mad in our world, but the whole world is bankrupt because of that."

Wenger feels Arsenal would be genuine challengers this season without having had to invest in world-class signings had Fabregas and Samir Nasri not departed and Jack Wilshere not missed the season through injury.

"Last year we were very close to the top and there was a rupture in the building of our team with losing Fabregas, Nasri and Wilshere," he said. "We could compete with anybody in Europe with our midfield."

Wenger acknowledges that Arsenal's refusal to match the wages on offer at other clubs is an issue, and he added: "When we play a young team you have to understand as well that we have chosen that policy.

"What is difficult to take once you get close is that the players move, and that is where we are in trouble. It is not the policy, it is not keeping our players once they arrive in a mature way."

Given Arsenal's recent poor form, Sunday's game at home to Tottenham could hardly have come at a worse time. Spurs go into the game ten points ahead of their arch-rivals, but Wenger says players have every chance of taking all three points.

"At the moment I believe that Tottenham are a good club, with a massive support, which they have had always, but I believe we are highly capable to compete with them and if you look at the consistency we have produced at the top level, there is no comparison," he said.

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52Comments
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Big, big game today - I've never been so pumped up for a North London derby as I am today! For me, this is what football is about. However, here is my take on our current situation:

The parsimonious nature that seems to be embedded our club really can't continue. Arsene Wenger revolutionized English football when he first arrived in England - not only just with the tidal wave of fast, attractive attacking football, but also with the transfer policies. There is no Premier League team in England that hasn't inherently or indirectly, emulated the model that Wenger did in regards of signing unknown, unpolished players from France and the other countries for peanuts before transforming them into superstars. And that's the problem - when Wenger first came, signing these unknown players was a novelty - but now it's a necessity with a lot of clubs. Everyone's aware and thus the market is a lot more clogged.

The climate has changed drastically since the early 2000s - teams are supported by financiers with almost a limitless pot of gold. This means big fees and big wages - and in my belief, Wenger's model of exploiting obscurity and transforming it into prominence, the very foundations of our success as that same model bred players like Henry, Toure, Van Persie, Fabregas, Vieira, Ljunberg and many more, is somewhat obsolete. Not that  I don't think Wenger can't find further diamonds admist a rubble of coal, but  in all honesty, we just don't have the time. If the top players we had in 2007 had all stuck together - Flamini, Adebayor, Fabregas, Nasri, Hleb, Henry - we would have one heck of a team today. It's absolutely demoralising as an Arsenal fan to have lost so much talent. Wenger, or specifically the board, we're not asking you to spend the likes City do and leave us on the periphery of bankruptcy - we just want an adequate amount spent so in order we can progress not regress - and the latter is startlingly evident this season.  

Last year, as a knee-jerk reaction after getting spanked by United, our total transfer expenditure equalled fifty million. Now, if United hadn't battered us in such comprehensive fashion, that money wouldn't have been spent. It's that simple. The board and Wenger are just too stubborn - of course they're versed about finance and the economy much more than I'll ever be, but the expenditure on those players (who in all honesty, haven't quite made the grade) show that we can spend SOME money - we just need incentive to do so. And my word, if this summer isn't enough incentive -  whether we make the top four or not, whether we lose RVP or not, serious investment needs to go into this team and rid it of its plague of mediocrity. And I can count at least eight players that need to leave as they're just not fit enough to wear our red and white hue. You can't expect fans to be paying the highest gate receipts in Europe to watch mediocre players. It's a harsh reality, but it's the truth.

In saying that, I'll be 110% behind the boys, and I'm very much still pro-Wenger. COYG, as always and FOYS, as always :)


  
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In a perfect world Mr. Wenger is correct but he needs to take note that it is not a perfect world.  He seems to be saying that Arsenal will go on with their current policy and will accept middle table mediocrity, no trophies and the loss of big names while he waits for everybody else to go bust.

If only it were that simple.

His problem has always been that he never has a plan B when A does not work.
26/02/2012 12:27
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IF YOU WANT A GOOD EXAMPLE OF IRRESPONSIBLE OVERSPENDING TAKE ALOOK AT WHAT HAPPENING WITH MY CLUB RANGERS WE SPENT SPENT SPENT TO GET THE SUCCESS WE HAVE HAD OVER THE LAST 20 YEARS AND IT HAS ESSENTIALLY COST US THE ULTIMATE PRICE NOW OF ADMINISTRATION AND INDEED GREAT UNCERTAINTY OF THE FUTURE OF THE CLUB. WE WERE , AS ARE MANY OF THE CLUBS IN THE PREMIERSHIP , A CLUB RUNNING AT A CONSTANT FINANCIAL LOSS BEING SUBSIDISED BY A RICH BENEFACTOR/OWNER IF THE CLUB CANNOT BE SELF SUFFICIENT FINANCIALLY WITHOUT A RICH OWNRER PUMPING MONEY IN YOU HAVE TO ASK SHOULD IT BE ALLOWED AS ANY OTHER BUSINESS WOULD BE INSOLVENT.

I FEAR GREATLY THAT THE ENGLISH PREMIERSHIP WILL ABSOLUTELY IMPLODE ON ITSELF ONE DAY IF FOR EXAMPLE RUPERT MURDOCH REALLY TAKES THE HUMP WITH BRITAIN AND THE PRESS WITCH HUNT THATS AFTER HIM JUST NOW AND PULLS SKY OUT OF THE TV DEAL FOR THE PREMIERSHIP OR THE OBRAMOVICH'S OF THIS WORLD DECIDE TO PULL THE PIN AND EXTRACT THE MONEY THEY HAVE PUT IN AND LEAVE THE CLUB TO FEND FOR ITSELF WITH PLAYERS ON MILLIONS OF POUNDS A YEAR WAGES TIED TO 4 AND 5 YEAR CONTRACTS.

FOR MY MONEY ONE OF THE FEW CLUBS WHO WOULD SURVIVE THIS BE ARSENAL FOR THEIR RESPONSIBLE TRANSFER POLICY AND YOUTH PROGRAMME HAVING NOW BUILT THEIR STADIUM THEY HAVE BEEN WILLING TO SACRIFICE TROPHY SUCCESS FOR THE LONG TERM FINANCIAL STABILITY OF THE CLUB.

TO ALL GUNNERS OUT THERE BAYING FOR WENGER TO EITHER GO OR SPEND MILLIONS ON PLAYERS PLEASE BE CAREFULL WHAT YOU WISH FOR AS AGAIN A WEE LOOK OVER THE BORDER AT MY CLUB SHOULD SERVE AS A WARNING TO ALL FANS LIVING IN THE PREMIERSHIP MONEY NO OBJECT BUBBLEOF WHAT CAN HAPPEN WHEN THE CASH COW MOVES ON. 

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Arsene is right about overspending and I think the team have done very well in qualifying for champions league season after season. So they haven't won anything but their not bust like so many other clubs are and will be in the future. It's like the house of cards and I'm convinced there is a financial disaster awaiting English football and England too come to think of it following the Greek debacle.

 

A lot of criticism about Mr Wenger but Arsenal fans are afraid who will take over after Arsene, and what the club will be like without him. Please put forward your ideas for managers then. I'm happy for Arsenal to sit 4th and qualify for Champs league each season as long as they continue to play the beautiful football they can play and not go bust.

 

There are players that are not up to it but I wont get into running them down I trust Arsene. Some say he is stubborn but I like that he has his own way of thinking. He has to do what he thinks is right. I am guilty of saying things about him and the club but its the wrong attitude to have. Arsens's attitude is correct. Good luck Arsene and Arsenal. Do what you believe Mr Wenger. To quote JFK  "you can please some of the people some of the time but you cant please all of the people all of the time." 

 

26/02/2012 10:33
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You charge the highest prices in football you mental ****. Do you seriously think people are going to pay through the nose to watch this garbage? You're down in 7th or 8th you'll be lucky to get 30,000 through the gate and champs league revenue is 40m a season, real economic sense, where the fcuk has the money gone from Nasri/ fabregas/ adebeyor and many others, situation is a joke.
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I am not an Arsenal supporter but I think all this talk of Wenger having to go is a load of nonsense. You are still in the top half of the table not in the relagation zone. Given that youir Board (not Wenger) is not prepared to overspend he has had you puching above your weight for many years.  At the end of the day only 4 teams can qualify for Champions League football each year. Given the resources that the Manchester teams now have you are never going to compete with them so that leaves 2 places. There are 6 other teams who could take those places so it is always going to be difficult for you. I read recently that Man U are £432 million in debt. Look what happened to Rangers, do you really want to risk losing your Club????
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Wenger, is absolutely right in what he says, "why spend money you do not have ". Arsenal, are never going to be able to challenge Man City, or Man United, at present their league position is very respectable, Wenger, remains one of the top managers in the business.
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as an arsenal fan i love wenger.. what hurts though is that more and more there seems to be arsenal fans saying he should go. personally i would be devastated, but i can understand their view. i think the mass, mass majority of arsenal fans feel the same way, we want to be succesful, and ideally with wenger at the helm.
 i think he needs to be really strong this summer... clean sweep. almunia, squilaachi, rosicky, denilson, diaby (who by the way, i like alot. good goalscorer, but hard to stick up for someone who doesnt play!) chamakh...  etc etc and buy some class. for god sake sort it begginning of season!!!  if he does it, im sure arsenal fans will turn around and hopefully he can stay for ever..  love the guy and he should be here for as long as he wants. but he does need to change his ideals a touch...
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I think Arsenal are correct in not overspending. The Sky TV income will now drop like a stone after the recent court case confirming pubs can have Greek decoders. The mistake I feel they made was in not having  replacement's ready when Fabregas and Nasri left and seemed to panic buy on the last day of the transfer window.
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It is clear that despite the saving of money that Arsenal football team has regressed over the last couple of years, in Wenger I see a studious professor of football and shrewd operator in the transfer market.

 

but something needs to happen, I dont know if a so called marquee signing is the answer to the problem but there is surely a problem, I dont know what shrift the manager has with the board but I do feel they will back him in most decisions on players he scouts and then pursues.

 

but hearing all these people baying for his head is ridiculous, he is a damned fine manager and has already gone down in Gunners folklore for the wonderful Magnificents who went a season unbeaten, Wenger was the man that instigated that and its a feat that won't be matched for years and years,

 

 football is a fickle world but we have some grand masters of the game in the Prem and Wenger is one of them along with SAF, only the fool hardy would try and ditch him, he is part of the furnisher when it comes to the Prem and I for one would be sad to see him go.

 

and I dont even support Arsenal

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Wenger clearly has money to burn or why did he buy rubbish like Squillaci and Mertesacker... I don't want Arsenal spending outside their means, all I expect as a fan is for the manager to spend wisely on strengthening the team with quality players... cutting corners and panic buying is not the answer to resolving Arsenals weakeness. :/

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Danny -  I'm not even going to dignify in engaging in further conversation with you. To be frank, it's just a waste of time and effort;. I don't even know why I bothered responding to your comment. You keep on harping on with your little fantasy-like ideology and plastering the boards of this forum with the "Why I hate Arsenal" proclamations and keep making yourself look like a child desperately seeking attention - if you aren't that already. I'm off to watch the game.
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What has happened at my beloved club is that there is too much deadwood there, now if Mr Wenger sold players that have done nothing for the club and are all on high wages i.e - Chamakh, Rosicky, Bendtner, Denilson, Diaby, Alumnia. We could fund money for a couple of decent players, you dont have to break the bank either, i admire Wengers stance on not paying highly inlated prices for players, but with the sale of the deadwood, and unfortunately scrap the wage structure just to compete, then we could start getting top players back to the Emirates,

 

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Lawrence, there seems to be a large majority of people that perpetuate the myth that Arsenal's title-winning teams were purely built on the defensive bulk left over from the Rioch/Graham era. Don't get me wrong, the back four consisting of Bould, Adams, Keown and Dixon was unrivalled in its prime, however, may I remind you that Arsenal's 2004 title-winning, unbeaten defence consisted of Lauren, Cole, Toure and Campbell. All of these, bar Cole who came through Arsenal's youth system, Wenger acquired himself. This defence made sure that their team went unbeaten for 49 games. Granted, our current defence with the players you've quoted below (don't know why you included Diaby - he's a midfielder) are absolutely inept and horrendous, however, the propagated myth of Wenger being unable to buy "proper" defenders is disproved by the fact that a defence he assembled himself broke an English record for the most unbeaten games.
26/02/2012 12:03
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"What is difficult to take once you get close is that the players move, and that is where we are in trouble. It is not the policy, it is not keeping our players once they arrive in a mature way."

Is not keeping the players a flaw in your policy? Which makes it part of the policy? Why are players moving?

Nasri said in June last year he was waiting to see the developments at the club in July he didn't see any progressive developments so he handed in a transfer request!

Cahill (an Arsenal target) Parker (should have been an Arsenal target) both went for under £10m. Per Mertersacker came in for £10m which in my opinion considering his performances was an overpayment!

It's not just about overpayment Aresnal have been selling quality players for huge sums and replacing them with poor quality poundlad replacements!
 
If Arsenal brought in some proven recognised talent from time to time and were achieving trophy success then I'm sure we players wouldn't be running at the door every five minutes.

Vieira was complaing years ago and then Henry also complained because they had the foresight to see that it's about balance not just developing talent but adding proven additions to the squad for the whole team to go forward and progress!
26/02/2012 17:14
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Hold up, Spurs are having there best season in pl, Arsenal having there worst (well according to the press) and we did that to Spurs, that was so easy its ridiculous, I've listened and read all the Spurs comments about Van P being only player good enough and how Spurs midfield will over run us blar blar blar, what midfield? did anyone see them turn up, a lucky goal then a disgraceful and blatant cheating dive by that sc  um bag Bale then wham wham wham wham wham five fantastic goals squeezed in-between of what could have been easily another five, Spurs your turds we took you apart so easily I'm laughing at ya, your nothing 5 past you 5 past Chelsea, know your places youll never be able to dominate us the way we've dominated you, we own north london we are north london. 5 omg 5 so so easy.
26/02/2012 12:50
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Been a Arsenal fan all my life.......through the 70's , 80s etc.....

 

And i still say that getting Arsene Wenger is right up there with the best things that have ever happened to the club......and still wouldnt swap him for anybody.

Totally agree with him about spending crazy money and going bankrupt......

Ok i realise we havent won anything for 7 years but UNTIL THIS SEASON we have always been in there challenging for something without spending what we cant afford.

All the fans that are on Arsene's back just rewind to last February a second when we were still in with a chance of 4 trophies(that is just over a year ago)......

We lost to Birmingham(Man Of The Match , Foster(Birmingham keeper)) , we lost to Barcelona who were on a different planet to every other team then and went on to win it(although we were totally outplayed we were still in front in the tie when Van Persie got sent off!.....then only lost to a penalty and were still only a Bendtner kick away from going through!!!).....

We then lost to Man U in the FA Cup(Man Of The Match , Van Der Sarr(Man U Keeper)).

Be honest.....even though we hadnt won anything for 6 years who wanted Wenger to leave then?????

Last season we were really unlucky not to win at least 1 trophy but i dont think it was down to Wenger not spending loads of money(remember we were still in with a good shout of 4 or realistically probably 3).

This season has been disappointing and im sure Wenger feels it too and probably in his heart knows this bunch of players are not good enough.

Probably/possibly after last season he thought the players we have may have been good enough to push for something(even without Fabregas/Nasri)

I personally think he will realise now that they are not and  in the summer he will bring in some players(but without breaking the bank).

Spending fortunes is no certainty to work......

 

What if we had brought in Fernando Torres for 50m and Andy Carroll for 35m to spearhead our attack!

Frightening thought!!!!!!!

 

I think us fans should all get behind Wenger(and the team)......yes he gets it wrong sometimes(he's human) but i still think(this season apart) he gets it right a hell of a lot more times.

26/02/2012 16:14
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15 minutes to go Arsenal 5 - Totthenham 2

 

We are on top of London  Open-mouthed

26/02/2012 12:06
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100% correct in what he is saying, yes football should be run on the fiancés the individual club makes, yes if we still had Fabregas and Wilshire hadn't been injured we would have a great midfield, don't agree about Nasri, in my opinion we did real well in selling a player for that much money after only half a good season and City must now now they paid well over the odds for him and for me Oxlaid excites me far more than Nasri ever did, Wenger has been a fantastic manager for Arsenal and the fact that every top european club has at some stage been after him proves that in the football world he is respected and his methods are wanted, calling for Wenger to go is crazy unless its a straight swap for Pep, all this stupid chat that Van Persie is the only decent player we have just proves to me the lack of knowledge there really is out there, we are a few players away from a top team and i admire Wenger for his loyalty to his club and his players i just wish he got it in return from certain players and certain supporters, we expect nothing different from headline readers and there calls for his head.

26/02/2012 11:44
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While I agree with Mr. Wenger, that we are very much in a world that has gone bust, football in general has not. People all over the world still find ways to get to see their club in action, as we see almost every 2 weeks at the Emirates. So spend the hard earned money that people have paid on players they would be proud to sing the name of, and pay us back!!!!
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