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Gunners are a BUYING club

Gunners are a BUYING club

An article in the NOTW uses some quotes from Wenger, the context of which is unattributed, to give the impression that Arsenal needs to sell players because of the financial burden of the stadium.

It is the sort of stuff you might expect from a tabloid, especially one as downmarket as the NOTW, but as is often the case the article contradicts itself in order to make a story fit together. The substance of the story is that by selling Adebayor for £30m and buying Huntelaar for £18m the club will make a £12m profit in order to meet the £24m annual cost of the stadium. Yet in the article itself it reports that operating profit, before exceptionals and player trading, is up by almost £40m - in other words the stadium is paying for itself without relying on profits from player trading.

It takes a quote "The strategy of the club is to sell every year and to buy less expensive players" as a declaration that the stadium debt forces the policy on the club. Yet it is something that Wenger has done almost every year for the last 10 years ever since Anelka was sold very profitably before stadium finance became an issue. Strategic sales and strategic purchases just indicate that a strategy exists. In any event selling any resource and buying more expensive ones that don`t give a better return is not a viable strategy for any business.

Wenger is alleged to have said in these quotes of unattributed context "We manage at Arsenal to maintain all our football ambitions — national and European — while having to free up - for 17 more years - an annual surplus of £24m to pay for our stadium." and "The club`s strategy is to favour the policy of youngsters ahead of stars and to count on the collective quality of our game." That sounds more like someone boasting about their financial and tactical acumen rather than the frustration that might lead to Usmanov taking over as the article threatens. It is also very similar to statements of policy that have been made over the last 5 years or so.

Other clubs have other debts, in many cases much larger than ours, to service. To suggest that debt management is unique to Arsenal is sordid, sloppy and mischievous journalism. The context of the quotes are not yet apparent. Arsenal ARE a selling club AND a buying club as are all football clubs. It is just one that buys and sells better than others and one with an unerring knack of adding value to players rather than detracting from them. Something supporters should take comfort in when looking for enduring success.

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Date:Sunday July 6 2008
Time: 10:16AM


agree with you 110% Amos.
06/07/2008 10:45:00
I have issues with this article, I mean it all sounds logical, but NOTW ***** stirring? Surely not??!!
Little Dutch
06/07/2008 10:47:00
It occurs to me that I should have used the picture of the girl with NOTW emblazoned across her tits to illustrate the story. That would have been rather apt.
06/07/2008 10:58:00
Don't buy the Sun. NOTW or Times/Sunday Times - SOGAT 82 Support the Printers! Wapping 1986! 22 years later still wouldn't touch the scab rag!
Bergkamp was a Myth
06/07/2008 11:37:00
Like I've said before, if you believe everything the media says without question, then you deserve to be unhappy.
Little Dutch
06/07/2008 12:02:00
Thankfully a few other blogs are picking up this more reasoned view. Whilst le grove is predictably whingeing like an emo girl on the blob, goodplaya, a cultured left foot, arseblogger and 'holic have all seen through the *****e. Well played!
Little Dutch
06/07/2008 12:46:00
Actually thet quotes themselves aren't anything out of the ordinary, just facts and the usual youth policy. Only that NOTW doesn't tell you when and where Arsene said that, and then they add their own interpretations and more importantly headlines, something that have been picked up by others like Sky and Telegraph. That's when the juicy bit "selling club" comes in. And yeah most Arsenal fans in the blogosphere can see through that. I dare say most Arsenal fans in general too.
Lou the Gunneress
06/07/2008 13:22:00
You have more faith in people than I do Lou. The person is smart, but people are stupid and panicky. The blogosphere tends to attract 'people' generally speaking if you get my drift. The blog with the most posts this morning is the nauseating Le Grove. Whilst the sites I mention above draw considerably less comments. The intelligence of the average football fan has probably never been lower than it is now.
Little Dutch
06/07/2008 13:27:00
Haha see blog posts/articles for "person", see crazy comments for "people". I didn't really pay close attention to the fans' comments other than in Vital just now. Now I see what you mean! I can also tell you that fans outside of England aren't as sensitive to these things as they don't read these tabloids everyday. To many of them, English papers are English papers. Some don't even know what a load of crap NOTW, People, etc. are. They only know the famous Sun lol..! So the picture gets even more distorted once crap like this goes beyond England. And wait until they get translated too lol.. you know the drift too!
Lou the Gunneress
06/07/2008 14:00:00
Le Grove is for the mentally ill and those who cannot spell or need caps lock to prove a point. Their description of a fan who supports Wenger is totally dillusional. It is like a cult that does not allow other thoughts to enter. I posted one comment that stated that "AKB's" are not all idiots that naivley follow Wenger till death, we just agree with his ideas. It got removed and now I cannot post another message under the name "Goofle". Total idiots.
06/07/2008 14:04:00
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