Wenger: I won't waste cash

Arsenal manager Arsene Wenger has vowed that the club will spend their new £150million sponsorship cash "in the right way".

Last Updated: 27/11/12 at 15:46 Post Comment

Latest Articles

Filipe Luis happy at Chelsea and plans to see out Blues contract

Post comment

Chelsea left-back Filipe Luis insists he does not want to leave the club despite struggling to earn a starting place.

Barcelona can cope with Xavi exit says Gerard Pique

Post comment

Gerard Pique says Barcelona are prepared to lose Xavi in the summer as reports link the midfielder with a move to Qatar.

All Articles

Arsene Wenger: Vowed to spend money '

Arsene Wenger: Vowed to spend money '

Arsenal manager Arsene Wenger has vowed that the club will spend their new £150million sponsorship cash from Emirates "in the right way".

The Gunners head to Everton on Wednesday looking to close up on the top four of the Premier League.

Despite not having won a trophy since the 2005 FA Cup, the Arsenal brand remains strong and long-term partners Emirates Airlines last week agreed a lucrative sponsorship extension which will earn the club around £30million a year.

Some of that revenue has been frontloaded to come in the current financial year and so increase Wenger's summer transfer budget, which has already been boosted by the £24million sale of former captain Robin van Persie to Manchester United.

However, Wenger insists Arsenal are not about to break the bank for a marquee signing.

"If we get that amount of money from sponsors it is not charity, it is because the sponsors feel that we act in the right way and with the right values. They reward that," Wenger said.

"Afterwards it is down to us to spend the money in the right way.

"There are two aspects to any deal; one is the transfer [fee] and the other is the wages.

"The transfers for these kinds of players are not at £30million today, they are at £50million or £60million and what has gone through the roof is the wages of these players.

"That is why people plead for financial fair play. Some clubs even pleaded that the new television money (for Premier League clubs) should not be used to increase wages because it gives huge problems to everybody."

Wenger is likely to move for a forward when the January transfer window opens, with a short-term loan move for Thierry Henry remaining a possibility and Crystal Palace's promising youngster Wilfried Zaha described as "not more on the list than anybody else".

As always, Wenger stressed any new addition must bring added value to the group.

"If we find the real top, top, top player then we will be on the market," he added. "We have no fixed number, we look just at quality.

"We have a good squad, I believe that these players have a fantastic attitude. They deserve success and they will have success."

Some sections of the Arsenal support would appear not to share that faith as Wenger came in for criticism during the goalless draw at Aston Villa on Saturday.

Chants of "You don't know what you're doing" greeted the 86th-minute substitution of striker Olivier Giroud for defensive midfielder Francis Coquelin, but Wenger's focus remains unmoved.

"My job is to give full commitment to this club, with integrity. That's what I always do without expecting any return," he said.

"I don't want to comment on that (the chants). I just make sure that I do my job properly, that's what I do."

After a positive start Everton have struggled for wins in recent weeks, with Norwich's last-gasp equaliser on Saturday making it five draws in seven games.

Arsenal are a point behind the fifth-placed Toffees and Wenger urged against any complacency.

"They are always serious, Everton, because they can give anybody a game," said Wenger, who should have forward Theo Walcott back from a shoulder problem on Wednesday night.

"I don't think any big team in the league goes to Everton and thinks it will be a walk out there.

"For us it's a vital game every year. They fight at the top of the league every year. They are one of the contenders for a Champions League spot as well.

"Everton have gone through a more difficult spell recently, but it will just be down to us and the quality of our performance."


Click here for completely free £10 bet with Sky Bet & £5 free every week


Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Footer 365

Raheem Sterling will not resume Liverpool contract talks until the summer

Raheem Sterling has confirmed that he will not resume talks over a new contract with Liverpool until the summer.

Tottenham striker Harry Kane wants to play for England U21s at European Championship says Roy Hodgson

Harry Kane wants to "finish the job" and go to the European U21 Championship this summer, according to Roy Hodgson.

Celtic manager Ronny Deila keen on new loan for Jason Denayer

Celtic manager Ronny Deila will try to persuade Jason Denayer and Manchester City to extend the centre-back's loan.

Mail Box

Is This The End Of Ex-Players As Managers?

Do massive wages and cushty TV numbers signal the end of the ex-high-profile player turned manager? Plus Liverpool fans don't actually say the 'next year' thing...

A Solution For The Premier League's 39th Game...

One morning Mailboxer solves the 39th game conundrum. Plus England were actually alright, Harry Kane is rubbish again and do Arsenal have the most embarrassing fans?

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company