I recall Ornstein saying that a CB for this season was on our list even after signing Saliba. Haven’t had time to find the article / tweet but considering he is basically the mouthpiece of Arsenal, I’d say there is a high probability it is true.
There should be an even bigger resolve to sign a CB now given the Koscielny situation. I get that we have a lot of CBs in the squad, and that buying a new one is unlikely without getting rid of one or two first, but that doesn’t change that a CB was on our agenda.
I agree, but it isn’t too late to obtain someone who will at least improve the situation for the time being and we still should try to do such a deal imo
No, they don’t. Last year they had £231 million thanks to a profit that was driven largely by player sales (without which they would have had a £42 million operating loss). We don’t know the figures for this past season, but it would be expected that the club would suffer its first operating loss since 2002 and that it would be more than the £42 million they would have lost the previous year without the player sales.
Being outside the Champions League is killing the club’s revenue. The difference between what Arsenal got for reaching the Europa League final and what Spurs got for reaching the Champions League final was almost £60 million. So even if Arsenal had as much cash reserves as everyone seems to think, it would be stupid business to just spend it all. They would have no cash on hand to cover future losses if the club remains out of the top competition. Plus they have about £20 million per year in outgoing debt payments.
Spending all the cash reserves would be like a person going out and spending everything they have in the bank on a new car while they were laid off from their job.
No it wouldn’t. It’d be like a person laid off from a specialist IT job buying the tools so they could opperate as an IT company.
No one is demanding we take all of our savings but how about 50% of it? Spend £150m when Chelsea are out of the CL and you know what, we might improve future revenues.
The manager wants Zaha, Tierney and a CB - Getting it fucking done. Shouldn’t cost more than 100m - which should be nothing for AFC - CL or not
I don’t think we should spend all of it but to use your analogy, it’s like having a car and not buying any fuel and have it sit on the drive rather than actually use it, because you didn’t want to take any money out of the bank to fill it up.
From Emery’s point of view he must be pretty desperate after watching our inept defensive displays and it’s not like we need luxury signings, we need quality in several positions and in this window.
To spend another season out of the CL, because we are too tight to invest, is going to push us even further behind our rivals, not just financially but no decent player is going to want to come here, or stay here, when they see our lack of ambition.
Not investing adequately in this window and have the money sitting in the bank is a false economy.
We’ve done it before and it’s never worked so we will just repeat the same mistakes.
But if any club in the PL are the leaders in false economy and repeating the same mistakes, look no further than us.
How do you know Arsenal isn’t “investing adequately?” They seem to be targeting the positions of need. Their biggest problem is difficulty in unloading a number of players brought in under Gazidis whose wages make them unattractive to the sort of clubs where they should be playing. Having such a big squad also somewhat limits how many players Arsenal can bring in. Plus, in some cases, there’s probably room for some youth. So why don’t we wait until the window is over to judge whether or not they’ve “invested adequately?”
As for the “same mistakes,” this is the first summer transfer window for the new front office team. How do you know they will make the same mistakes? They need to be given a chance. Plus, it’s not reasonable to expect them to fix everything in one transfer window.
We haven’t needed those cash reserves for anything else in a good 10+ years. We don’t need them as cash. If we spent our cash guess what we’d be - pretty much every other football club in the world.
Clubs get ruined by spending tons of money they don’t have, not by spending money they do.
If this mythical unforeseen circumstance that needed instant cash ever did happen, we have a billionaire who could loan us some short term funds to protect himself, or a hundred banks around the world who’d do it.
