Arsenal Board Must Resign
Many Arsenal fans, journalists and people in football cannot understand why Wenger does not spend money in the transfer market. They see our weaknesses, they see a massive stadium sold out for every game and record profits recorded year after year and ask themselves why will he not spend?
Arsene is a gentleman and does not rant like Benitez about the lack of transfer funds or insists on spending £50 million a year like Ferguson or like Redknapp tells the board to cough up or we go down. Whatever budget Wenger is given, he trudges off to his office, discards his top ten targets and starts to look at the next batch of players. He never complains or comments publicly,
This acceptance of peanuts by Wenger gives the board the fig-leaf to hide behind and they can claim they always make funds available for Arsene and have never turned him down on any player.
It is the board that Arsenal fans need to turn on, not Arsene and not necessarily the players. The board promised that we will compete at the highest level in terms of transfers once we move to the Emirates, but that is a lie. In the three seasons at the Emirates are net spend on players is £12 million, in the same period Liverpool have spent £59 million, Manchester United £70 million and Tottenham £76 million. As Spurs have proven spending money does not bring success, but if Arsene was give half of that to spend he will deliver us trophies galore.
The board are cowards; they sat on the back-sides and allowed Arsene to take the flak for the lack of spending. If Hill-Wood was a man he should have stood up and told the shareholders that Arsenal do not have £20 million to spend on players. He should than have explained that due to the economic crisis, the club has been unable to sell the flats at Highbury Square which would have repaid the £135 million loan due next April, plus freed up further cash for Arsene Wenger. Hill-Wood should also have explained why the board are not prepared to take up Usmanov’s offer to help repay some of our loan.
The Arsenal board is a shambles, they sell their shares when they wish, and in the case of Fiszman, he makes a tax free gain, they are not prepared to give Wenger £30 million to invest in players and then they play a charade of always backing the manager.
Arsenal fans need to turn on the board, they either put the club’s interest first or they should resign en masse, allowing Kroenke, Usmanov, Dein and Gazidis to run the club in a professional manner.