It was expected, Arsenal Chief Executive Ivan Gazidis will defend the club’s somehow controversial transfer strategy. That’s exactly what happened during Arsenal’s AGM on Thursday when the club officials met with shareholders, fans and the media.
Why does the club continue to spend less compared to the other big clubs like Manchester United, Manchester City? Why is Wenger reluctant to sign an outfield player in the summer? Tough questions were everywhere.
There was good news also for the London Colney as the club announced a spending £30mon revamping Arsenal’s training ground at Colney and academy at Hale end. A 40,000 square foot player centre will also be built which will open in spring 2017.
Gazidis insisted the decision to sign a player completely falls to manager Arsene Wenger and defending their transfer policy pointed out the signing of Alexis Sanchez, Mesut Ozil and Petr Cech to clarify club’s ambition. According to him, successful transfer strategy is down to preparation, experience and judgements. He confirmed Arsene Wenger has transfer funds at his disposal.
Regarding the club’s transfer policy Chief Executive Ivan Gazidis confidently stated:
“We know with certainty that we will not be able to beat our competitive by getting in an arms race trying to outspend our rivals,” Gazidis stated. “It would be a waste of hard-earned resources.
“We’ve been very active in the transfer market in recent seasons, transforming our squad in the process. We have a relatively young, very talented and very deep squad this season.
“All transfers are ultimately football decisions and those are made by our manager who has an outstanding record of identifying and developing talent.
“We’ve consistently added to our squad in recent seasons and invested record sums in doing so with unstinting support from Mr. Kroenke and the board.
“We’ve been disciplined in our strategy of being talent-led, not money-led. We only sign players who will add to the squad, and not simply because we have money to spend. Our squad is deeper and stronger as a result of their efforts.
“All of those players signed in the last four years, with the exception of Lukas Podolski, are still with the squad. You don’t sign players like Mesut Ozil, Alexis Sanchez and Petr Cech unless you want to win the Premier League and unless you have a manager like Arsene Wenger. The deals were executed swiftly and efficiently by top professionals.
“I make no apology for saying we are in a strong financial position to invest further in players, but we will not do it for the sake of it or to appease commentators.”