Arsenal F.C.

Wenger Says He Needs To Make A £20m profit EVERY season

By abaseballnut on | From wearearsenalblog.com

Some mind blowing quotes from Arsene Wenger in Tuesday’s Daily Mirror.

Arsene Wenger is quoted as talking about how much he likes Lille’s £30m-rated Eden Hazard, but he basically says that Hazard is too expensive for Arsenal.

“You should know that each season, it is imperative to show a profit of between fifteen and twenty million pounds. I would add that the purpose of a coach is to always buy at a price he sees fit” Wenger is quoted as saying. “I really like him (Hazard) and, for several reasons: it’s his creative power, his ability to mis-align the opponent, his vision of the game and his consummate skill to address the last pass which make him a very interesting player.”

Wenger’s comments brings up all sort of questions. Arsenal will reportedly announce record profits of up to £60m before the end of the season. What is the use of generating record profits if the team that caused those profits does not improve? And why does Arsenal need to generate £20m profits in the first place? The money stays in the bank. It’s not as it Kroenke or the other Arsenal shareholders are using the club to pay down debt (a la the Glazers) or pay themselves massive dividends.

And finally, the only way that Arsenal can consistently generate a £20m profit every year is if Arsenal FC is a selling club! Bring players into the club when they are young and unknown like Fabregas or Nasri and sell them on big money deals like Arsenal did this summer.

That does not bode well for the future of Robin van Persie or the likelihood of Arsenal being competitive and willing trophies in the coming years.