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Arsenal Will Compete Financially With World’s Elite In 2014 – Claims Gazidis

Arsenal chief executive Ivan Gazidis claims Arsenal will be able to compete financially with football’s elite when they renew their sponsorship deals in 2014.

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Arsenal chief executive Ivan Gazidis claims Arsenal will join football’s elite when they renew their commercial sponsorship deals in 2014.

The Gunners moved to the Emirates Stadium in 2005 and signed long-term commercial deals with several sponsors in 2004 to help fund the move.

Many of those deals are up for renewal in the summer of 2014, at which point the clubs coffers will benefit from a huge influx of cash as the new contracts should be negotiated at far higher premiums than those agreed eight years ago.

Speaking to the Telegraph, Gazidis confirmed that the renewal of these commercial deals is the next big step in the clubs financial future and once complete, will cement Arsenal’s place alongside the likes of Manchester United, Real Madrid, Bayern Munich and Barcelona as the world’s footballing elite.

“In terms of the financial impact, it will be as significant a step forward as the stadium was in 2005,” Gazidis said.

“It does kick us into the top five clubs in the world with separation from the rest. The overall journey that the club embarked on was to make it one of the leading clubs in the world and to do it in a way that would be sustainable.”

Gazidis also hit back at those who question the clubs ambitions, saying Arsenal are the most ambitious football club he knows.

“We get accused of a lack of ambition or complacency because apparently the board are only interested in the top four. That is absolute rubbish. To me this is the most ambitious football club I know.” Gazidis told the Telegraph.

The Arsenal supremo went on to reveal that boss Arsene Wenger will be offered a new contract, with his current deal also expiring in 2014.

The Frenchman has already clocked up 16 years in north London but has gone seven years without winning a trophy, with some sections of the Emirates faithful questioning his position as manager in recent seasons. However, Gazidis claims Wenger is still the right man to lead the club forward:

“It’s not a sense of sentimentalism, not a reward for services, it’s a belief that we have an incredible manager who loves this club and is the best man to lead us forward,” Gazidis said.

“We’re really confident about the direction that the club is heading. I feel he can keep going for a long time. He’s in fantastic shape and he’s as driven as he’s ever been and excited as ever.

“We’re not dominated by fear,” he said. “Arsène never succumbs. We try to do more than win, we try to win with style. I know we haven’t won trophies in recent years. There’s no one here that doesn’t feel the pain of not being able to do that.

“We’re very optimistic about this season. We’re absolutely trying to win silverware and we’re trying desperately hard to do it this year.”

Do you think Arsene is still the right man for Arsenal? Get involved in the comments section.

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  1. mzeey

    September 13, 2012 at 10:26 am

    yes arsene is the man for the job .
    no your not ambitious at all the club is the manger is the players most but you hillwood stan kronkey no ur thievs thugs thats what you are

  2. colario

    September 13, 2012 at 11:16 am

    There has been a long time policy at Arsenal that the admin side of the club from owner/chairman/directors and any other admin mortal does not interfere with the football side of the club.

    When it comes to football the admin’s role is to appoint the manager, make money available for transfers and if all goes wrong to dismiss the manager.

    Critics of Kronke and the board seem to forget this.

    Those who throw their millions into the club set the demands and can be despotic. This is not happening at Arsenal and I for one don’t want it to happen.

    Result is Arsene despite the changes at the top of the admin pile has remained.

    Arsenal continues to be 100% in charge of football at Arsenal. Long may he continue to be so.

    Without his control there would be no 600000 seater stadium. There would be no exciting attacking football that Arsene likes.

    Oh yes no trophies for 7 years laugh and shout the critics. Take a closer look at the reasons for this.

    We have come 2nd 4 times in that time.

    There isn’t a non billionaire owned club in English football can match Arsenal/Arsene’s record in the last 7 years.

    Remember the old days. The tag, the taunt of the opposition fans: ‘Boring, boring Arsenal’.

    How that has changed best summed up by the match at Middlesbrough we were winning 5-1 and the brough fans were singing in despair ‘boring, boring Arsenal’ because for them it was boring. Then they scored and their fans taunted the Arsenal fans with ‘Your not laughing any more!’ Then we scored our 6th goal and the brough fans returned to their chant of despair ‘boring, boring Arsenal.

    Other clubs have had great managers since the war there has been Matt Busby, Bill Shankly, Bob Paisly and Brian Clough their teams played great entertaining football.

    Arsenal before the war had Herbert Chapman who not only produced great footballing teams but lead the way in modernising football off the pitch, so much so that what we saw in Europe this summer line judges he wanted them back in the 1930s but was denied.

    In 1996 came Arsene no one since Chapman has impacted for the good on football more then Arsene.

    Other clubs have had great managers, (we have had other winning managers) but no club has had one revolutionary manager and we had have two.

    Herbert Chapman died while serving the club. I don’t what that to happen to Arsene but I want him to stay for as long as he wants to stay.

    When he feels its time for him to step down then:
    Merci monsieur, may you have a long and happy retirement.

    • Christos11

      September 13, 2012 at 5:15 pm

      here here. you tell them . i agree 100%.

  3. 49Unbeaten

    September 13, 2012 at 11:53 am

    The thng that really irritates me is that when we moved to the stadium, if someone would’ve just stepped forward and said “Look, we’re going into massive debt to fund this move to our new state of the art stadium and to be honest for the next few years we’re going to struggle financially”. We’re all adults and could accept this. But instead we were told the exact opposite and is the main reason why we as fans get so much flack from the pundits, other fans and journolists for not winning anything. We could’ve nipped this in the bud. Glad to see we’ll get some fresh sponsors with lots of cash on offer though (or is this meaningless hopeful chatter again?). What’s the point in having more funds if we don’t change the wage structure? All this means is that we can afford to buy the top top class players but just won’t pay them a high enough wage and lose them to the likes of Chelsea, City and Barca etc. Unless of course FFP comes into play. It’s all just if’s and maybes though which is quickly becoming the “Arsenal way”….

  4. Sam

    September 13, 2012 at 12:25 pm

    It’s harsh to criticise Arsene, but board are absolutely rubbish. We have lost player after player because of contract running down to the last year. This is where board should come in and help AW .

  5. mike

    September 13, 2012 at 3:08 pm

    I think Wenger has to stay. If he can deliver top 4 with spending little money, then he can do a lot more once they sign the new commercial contracts.

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