Wenger Claims He Could Spend £40m On Falcao As Boss Lifts Lid On Clubs Financial Situation

By on February 23, 2013

Despite the transfer window now being closed there will still be plenty of gossip doing the rounds in the newspapers, so we’ll keep you up-to-date with the latest transfer rumours. Today, Arsene Wenger reveals Arsenal have the money to buy top talent in the summer.

Colombia Radamel Falcao

Arsene Wenger claimed he could spend £40m on Radamel Falcao if he wanted to as the Arsenal boss talked openly about the clubs financial situation to the media on Friday.

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Wenger was speaking at his weekly press conference yesterday ahead of today’s clash with Aston Villa when he told the Mirror that his spending power has been restricted in recent years as the club has had to pay back the stadium debt and admitted that his main focus during this period has been to keep the club in the Champions League.

Our soon-to-be eight-year trophy drought has been well documented but Arsene believes we’ve been close to lifting the Premier League title over the past few years and feels we now need to ensure we keep hold of our best players, but claims it’s been difficult to do so recently due to what he calls the ‘unfair competition’ we’re up against when it comes to offering wages. He told the Mirror:

“I prepared myself for some suffering when we moved to the Emirates, yes. Because we knew we were under restricted resources for a while.

“The main target was to be in the Champions League, because we had to pay back our stadium. Did I expect to go out against Blackburn [in the FA Cup] and to lose against Bayern? Honestly, no.

“You cannot come out and say, ‘Look, we cannot win the championship’. We were close during this period, you know, we were very close. I feel we had the quality.

“But, I think what angered our fans is that we lost the players we educated, and that was much more difficult to swallow then all the rest, I believe, and that’s what we have to change.

“You can only keep your best players, let’s be realistic, by paying the wages of the market. To pay the wages of the market we have to put the ticket prices up.

“And then the fans turn against you and say, ‘But you lose the best players and we pay high prices for tickets.’ And they are right.

“But that was the consequence of the unfair competition that we faced.”

The Mirror claim the boss will be given around £70m to spend in the summer and Wenger has hinted he’s ready to spend big after revealing the club is now in a much stronger financial position to compete for the very best talent. When asked if he could spend £40m on Atletico Madrid striker Radamel Falcao, Wenger said:

“We can do it [buy Falcao]. If we can afford it, we will not say no. But, today, we have to focus on tomorrow (Saturday’s game against Aston Villa).

“I think, now, we are in a stronger situation where, like you say, we can spend some money. We went out to spend money at Christmas but we didn’t find the players. I’m not reluctant to spend.”

However, while Arsene is willing to bring in the right players if he can find them, he insists the club also has to stay faithful to it’s principals in developing it’s young players.  He told Arsenal.com:

“I believe that the problem today is not the money, it about finding the talent that strengthens your team.

“I also believe we have to be faithful to what this club is about, which is to give a chance to the young players we educate – that is vital. Therefore [we should only] bring in the players who really give us a plus.

“If we find tomorrow a player of top, top, top quality, we will take him.”

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It looks like it’s going to be an interesting summer in north London. Wenger has just admitted he has money to spend so he has no excuse not to strengthen the squad at the end of the season. Most fans will understand he’s be restricted in previous transfer windows but it seems that period has now past and he has money available so lets see what he does with it.

Nobody is realistically expecting Falcao to arrive at the Emirates but we should be looking at players a cut-above the likes of Gervinho, Giroud or Mertesacker in my opinion. All were good players when they were bought but we now need to bring in some ‘special’ players to push us to the next level of being able to compete for silverware again.

Do you think Wenger will spend big in the summer? Who would you like to see come in? Get involved in the comments section below.

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17 Comments

  1. Soccerisma

    February 23, 2013 at 12:20 pm

    Same old story for me, before every transfer window we hear Arsenal and Wenger have money to spend. Happened this Jan as well but eventually only signed 1 player that too on the last day.

    Adding to that Arsenal will most probably be out of CL next season so Falcao is out of question as well

  2. Madalitso Muva

    February 23, 2013 at 12:35 pm

    Wenger has failed to deliver. Everytime Arsenal performs badly we hear the same story- that Arsenal will spend a lot in the coming transfer. Its unfortunate people still listen to such stories by wenger. I am an Arsenal fan and I think its high time Arsenal got rid of Wenger or else Emirates will witness another 8 years without silverware.

  3. Sunnypa de gooners

    February 23, 2013 at 12:54 pm

    Wenger will not spend big in summer his just lieing i will not for one day beleave wenger never all what is saying is rubish.if we want to win wenger should go if wenger dont leave arsenal will not win anytin.all ways gunners for life.

    • David Prickles

      February 23, 2013 at 7:24 pm

      Go and chuck your muck over your sisters jubblies

  4. oscar

    February 23, 2013 at 12:57 pm

    the same old story that used to!

  5. notasgoodaspires

    February 23, 2013 at 12:57 pm

    usual season ricket renewal tosh…
    #declinedeclinedecline

  6. Sunnypa de gooners

    February 23, 2013 at 12:57 pm

    Arsene wenger go we dont need u.we have lost faith in u.i comand u in the name of jesus u should leave.Amen

  7. Brian Oakley

    February 23, 2013 at 1:18 pm

    Manchester utd. Buy players and there tickets are cheaper than ours. They have more debt than arsenal. Most premiership clubs have lower prices than arsenal how do they buy players?

  8. gjo

    February 23, 2013 at 1:19 pm

    Stupid manager who always wants to win Fans hearts and faith back using false promises. Where do man city, chealsea, Madrid, Barca get the quality players they purchase?? If you have money, why didn’t you buy Cavanni?? You promised in december, but when Giroud picked some form, you went on to say we are not short in th@ area..till when shall we dance to the tune of your stupid promises?? WENGER OUT!!!

  9. Oguntoye.Walex.

    February 23, 2013 at 1:23 pm

    Kudox 2all FtfulGunners fc” arnd dword,as uall no dsamestry evryr let ofurs pt our mind til 2014 after EMIRATE DEBTHS.

    • clive sutton

      February 23, 2013 at 7:04 pm

      Learn to speak and type english idiot. Total moron.

  10. lasses

    February 23, 2013 at 1:43 pm

    Plz wenger we ask u in the name of GOD u should leave,we dnt need u hre again….plz go all ur stupid promise is all anouf go plx…..we dnt need u here gain…

  11. Mika

    February 23, 2013 at 2:03 pm

    i discovered that in life the easiest job is complaining and blaming others, wenger is genious at what he does, with small resources most managers would have fled. Wenger knows his reputation is at stake so i dont think he is that stupid not to buy if he has the money, if he goes to the mega rich clubs trophies will flow like nothing.

  12. WC

    February 23, 2013 at 3:57 pm

    Wenger could spend 40M on Falcao except Falcao costs more than that so Arsene your bid would fall short……….again.

    • David Prickles

      February 23, 2013 at 7:17 pm

      My hero. Brilliant.

  13. yehaa

    February 23, 2013 at 5:10 pm

    This is just to get you guys to renew your membership and season tickets for next trophyless season.

  14. Ismail

    February 23, 2013 at 5:41 pm

    Guys anyone dat has intention of renewing their season tickets, should instead donate half of thatbamount to charity and acquire god’s blessings, instead of wasting on watching crap week in week out. Unless arsenal’s transfer policy is changed, we won’t see a cup of tea lifted at the emirates. With this transfer policy, bring in fergie’s, mourinho and pep, arsenal will still end trophyless

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