Wenger can spend to inspire stagnant Arsenal, Gazidis confirms

Arsenal chief executive Ivan Gazidis believes the club has stagnated in recent years – but backed manager Arsene Wenger to this summer spend the money necessary to breathe new life into the Gunners, according to the Daily Mail.

Wenger is said to have around £70m to spend on transfers and has been linked with big-money moves for the likes of Everton midfielder Marouane Fellaini and Fiorentina forward Stevan Jovetic, with approaches for other attacking players, including Wayne Rooney and Gonzalo Higuain, mooted.

The majority of the players linked with the Emirates Stadium would, the Mail contends, shatter the club’s pay scale, but Gazidis revealed at a meeting with the Arsenal Supporters Trust on Monday that the club is to allow their pay scale to change to accommodate the new faces.

The manager is not scared to spend money but he has to believe they are top-class players who will add to the squad,” Gazidis said.

Can I guarantee he will spend all of that money? It depends on the talent. The key is having players Arsene believes in, adding them to the squad and making sure he has a cohesive squad he believes in.

Gazidis confirmed that the highest-paid players at the club currently are Theo Walcott and Lukas Podolski, each earning in the region of £100,000 per week, with a higher ceiling needed if Arsenal are to be competitive for the signatures of a Fellaini, Rooney or Higuain and challenge for the Premier League title.

I accept we haven’t done that over the last few years,” Gazidis added. “We have essentially been very consistent – we haven’t slipped backwards and we haven’t gone forwards. We need to go forwards.

It is not enough to be watching a video of a last-minute scramble to get over the line into fourth place. No-one at this club wants that.

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