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da stake casino： Arsenal chief executive Ivan Gazidis has stated that the club is not reliant on revenue from the Champions League, and have a business model in place to cope without the money that Europe’s top club competition brings.
The Gunners have started this campaign slowly, uncharacteristically losing four out of their first seven Premier League games, and many are writing Arsene Wenger’s men off this season.
It is widely recognised that Arsenal is a club run with financial restraint, and their chief executive has revealed that they will not flounder if they do not finish in the top four this term.
“We would rather qualify for it but we have a really sustainable model that can cope without it. Not just cope, but we can do well and compete,” Gazidis told attendees at the Leaders in Football conference.
“It would be very foolish to build a business model that relied on being in the Champions League for perpetuity and I don’t think any clubs do that and, if they do, then they probably aren’t being run as responsibly as they should be.
“Every club has the temptation to think that money is the answer to issues and ‘if we only spend just a little bit more, it would push us over the top of a curve’, and that is what drives the cycle of spending that you see in the game and that is not by any means always what is successful, actually.
“It is tempting to think that it is. It relieves pressure for a while but actually builds long-term pressure in other ways. We will continue to act with discipline to make sure we have got a good short-term and long-term future,” he concluded.
With the exuberant expenditure of both Manchester clubs, Liverpool and Chelsea over the summer, Arsenal’s frugality when it comes to the transfer market is threatening their ability to challenge for honours, to the Emirates faithfuls’ frustration.
By Gareth McKnight
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