This title maybe slightly misleading, as I like most of you will, think that this is a great thing, the ability to sign ‘top, top, top’ players and compete successfully with the big clubs in Europe, not just teams like Spurs and Liverpool.
However there are issues with Gazidis saying that Arsenal will have new financial powers, firstly clubs and players will start to demand much larger fees and wages. We have already seen hugely inflated prices in the transfer markets recently due to the massive amounts of cash flying around from clubs like city and Chelsea.
Opposition chairmen will realise now that Arsenal have an improving financial status and consequently demand more, however the difference between Arsenal and these other clubs is that currently our budget is limited, so if for each of our signings cost £5 million extra then it could mean that we end up missing out on one player worth £15 million which would be quite a substantial loss, given that we could be missing out on a player of Santi’s quality. The other issue that I have with this is that with expensive signings come huge wages, this could create a bit of a rift amongst the squad given that our current top earner is being paid £100 thousand a week, it could also mean that we have another situation similar to Walcott’s where a player demands more than they are currently earning and consequently jeopardising the position of the club.
However I am being very pedantic about the whole situation and the way that Gazidis said that we have bags of money, because I am extremely happy about this increase in funds, I just believe that Gazidis could have said it in a slightly less open and direct way.