Arsène Wenger has clarified his comments over a recent interview where he highlighted his admiration for transfer target Eden Hazard, however cast serious doubt over a move for the Belgian star due to the club requiring to produce a profit of between fifteen and twenty million pounds.
Gunner fans have been growing frustrated over the lack of transfer spending when Arsenal clearly have the funds to indulge on an established star that could make the difference such as Hazard or Gotze. Wenger in a recent interview has admitted that the club needs to make money each summer to pay off the debt on the Emirates Stadium.
Arsenal have a self-sustaining business model that they heavily operate by, and something that is a high priority for the Gunners is paying off their mortgage on their Stadium, but insists that he has money to spend when they make a profit which begs the question why a star player wasn’t signed last summer after Arsenal made a huge profit on selling two of their star players Samir Nasri and Cesc Fabregas.
The Frenchman said at Friday’s press conference:
I am surprised that you are surprised. Do you think the target of the Club is to lose money? That cannot last a long time. The target is to make a profit. It looks normal for any company in the world, so I don’t know why it is surprising.
We want to pay the debt we owe from the stadium we built, that’s around £15 million [per year]. So it’s normal that at the start, we have to make at least £15 million or we lose money.
I accept one basic principle for every company; that you can spend the money you make.
It always looks like a massive surprise that I have to convince you of that. I think it is just natural common sense and logic.
It is mathematical logic that what goes out has to equal what comes in. If that does not work then the company loses money.
So Wenger basically has admitted that Arsenal are a selling club, but he remains confident that he has the ability to buy players if he wishes. He had a huge chunk of money after the sales of Nasri, Fabregas and Clichy last summer and although a few replacements were brought in such as Arteta, Mertesacker, Gervinho, Oxlade-Chamberlain and Santos, Arsenal are still lacking that killer punch through the midfield. These signings were basically covered by the sales of Nasri and Clichy, so there still was the cash from Fabregas which could have funded a move for a big name.
Arsenal will be a title contending club if they can acquire at least one big star in the form of Gotze or Hazard as they will have sufficient depth to push for top honours. At the moment Aaron Ramsey hasn’t been fantastic, he will be one day but when he isn’t performing there hasn’t been another option for an attacking midfielder, however Rosicky played excellently last weekend but his contract expires this summer.
But Wenger does have Wilshere and Diaby at his disposal towards the end of the season so the midfield will have more depth, but Benayoun shouldn’t be offered a permanent position with the club and Arshavin, Chamakh, Bendtner, Vela and perhaps Park should be sold. Podolski is a must buy and surely there will then be funds for Hazard if Arsene Wenger can nab him before Chelsea or Man City.