Wenger happy with Arsenal financial state

Arsenal manager Arsene Wenger admits he has no problems with not spending huge money and will not be worried about claims he is ‘crazy’, Sky Sports reports.

With the club looking set to go a seventh season without silverware, Wenger has received criticism from a section of fans for not spending in the last year. Despite big money sales for Cesc Fabregas and Samir Nasri last summer, the Gunners boss has failed to replace them with quality players and Mikel Arteta is the shining light from the summer signings made.

The Gunners are expected to announce profits of around £55m when they publish their half-yearly accounts before the end of the month and fans are hopeful that those profits can be spent on redeveloping the team. Wenger cannot understand why the club are continuely lambasted for their spending and believes they are running a normal model for a football club.

Wenger said: “What is unbelievable is that we run the model that should be absolutely normal and we look crazy. That is crazy. People will do anything stupid, but we are not crazy, we are all right. We spend £1 if we make £1 and (then people say) ‘what are they doing?’ That is what is absolutely mad in our world, but the whole world is bankrupt, because of that”.

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