Arsene Wenger has issued a huge criticism of the big spenders in football and has reiterated previous comments that those who pay high transfer fees are running the risk of sending football as a whole into financial ruin. Reported in the Daily
He said: “We consider ourselves in a privileged position because we have a massive income. But overall we are not mega-rich because we do not have unlimited resources.
“A club can buy players like PSG has done or Manchester City or Chelsea, with unlimited resources but overall football suffers. Look at the activity on the transfer market since the start of the summer.”
The Gunners boss is referring to the big summer signings by Chelsea totaling fees in the region of £55m – Eden Hazard and Oscar – as well as PSG who have spent close to £80m rebuilding their squad – Thiago Silva, Ezequiel Lavezzi, Zlatan Ibrahimovic and Marco Verratti have all arrived.
Wenger himself has spent around £20m this summer, bolstering his attack with the addition of Lukas Podolski and Olivier Giroud. In recent seasons Wenger has sold some of his top talent to the big spenders of Europe, helping to make Arsenal one of the few clubs in Europe running at a steady cost, not incurring any large debts.