Sunday, September 2, 2012

Wenger confident that Financial Fair Play will give Arsenal the advantage

Posted on September 02, 2012 by admin

Wenger says FFP will help Arsenal get back to the top by AM

Most of the fans were surprised by Arsenal’s lack of activity during the penultimate stages of the summer transfer window. Wenger said earlier (after the departure of Song) that Arsenal were in the market for a midfielder, but nothing materialized in the end. Finally fans were only left blaming the club for ‘balancing the books’. But, Wenger believes, Arsenal’s transfer policy will ensure that the club remain financially healthy after the Financial Fair Play kicks in. The Frenchman said – ‘Financial Fair Play will come through because big clubs who have been spending a lot are worrying now. They ignored it until now, but finally we see that they are getting concerned.

‘We are run in a very responsible way. We make a profit every year and I think that’s where nearly everybody is struggling in Europe. We find ourselves in the situation of Germany in Europe.

‘I’m convinced that society will force football to become more reasonable. The standard of living is dropping, and you cannot imagine that will happen in society while football continues to push up with inflation. That can’t work together.”

In truth, there are very few clubs out there who are actually spending what they earn. Except perhaps the Bundesliga, all the clubs from other European leagues are in insane financial debts. So if the FFP is implemented strictly, then Arsenal would certainly have a clean sheet, but the problems lies with ‘IF’. There are many loop holes in the FFP, which Manchester City exposed earlier when they sold their stadium naming rights for astronomical fees, to a organization, which has links with Manchester owner. So City owners will be injecting money indirectly, through the naming rights. Unless standards are set by UEFA, clubs will finds ways of evading the FFP.

But if it is enforced properly, then Arsenal really will be in the driving seat……

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