Originally posted by Paul Marin
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Arsenal fans have to take a chill pill and look at the long term and realize that Wenger is more right than not. His philosophy of building from within the clubs means is the only sustainable model. You only have to look at the foreclosure rates in America, where (for a 10/15 year period) people bought more expensive homes than they could afford to know where this is headed.
To my mind, the free-spending model bandied about by City, Chelski, Manscum and now Liverpool is a fool's errand. It is unsustainable. Wenger to his credit recognizes that spending "daddy's money" like a drunken sailor (i.e. taking on more debt) will only result in a bankrupt club when their rich owners bail out after seeing no cash flow and no return on investment after shelling out hundreds of millions.
This saga only goes to highlight how much WE THE FANS are losing, independently of club affiliation. The "new" model is one that rewards the big spenders and pays no homage to clubs that live within their means. Without financial parity, football becomes predictable. Manu, Chelscum and City are the biggest spenders in the Prem - a few years ago, City was in a perennial struggle to stave off relegation. Was there any surprise that City finished in the top 4 last year? None. Will they finish top 4 this year? Yes. Predictable. Try going back to the 1960's, look at the league winners of the 10 year period from 1960 to 1969:
1960 Burnley
1961 Tottenham Hotspur
1962 Ipswich Town
1963 Everton
1964 Liverpool
1965 Manchester United
1966 Liverpool
1967 Manchester United
1968 Manchester City
1969 Leeds United
Eight different clubs. Now look at the10 years from 2000-2009:
2000 Manchester United
2001 Manchester United
2002 Arsenal
2003 Manchester United
2004 Arsenal
2005 Chelsea
2006 Chelsea
2007 Manchester United
2008 Manchester United
2009 Manchester United
Three different clubs.
What is even more telling is the correlation between $ spent on payroll and transfers and where a club finishes in the league. Chelski and Manu** own those numbers and have for the last 5 of those 10 years. Any wonder which two clubs won the league?
If you go back to the olden days, when TV money was evenly distributed, you could have a team like Clough's Derby County get promoted and one season later, win the First Division title. Those were the days when greater financial parity served to showcase greater footballing talent. Now, it's more about the checkbook.
While Liverpool, City, Chelski and Manu** are all spending money they don't have, Wenger to his credit is at least trying to maintain some kind of sanity around managing his club responsibly.
Arsenal fans should stay the course, continue filling the stadium and supporting their manager and help him to a top 4 finish (this is his real dilemma). They have to put their addiction to silverware aside and focus on the financial picture.
If they provide consistent support until the stadium is nearly paid off, they will have a club that will be a dominant force in football for another 100 years. We can't say that (based on current finances) for any of the three biggest spenders in the Prem, they will all have their "Lehman Brothers" moment at some point in future.
At the end of the day, I submit that those of us who love football should be backing Wenger, not crying him down.
To my mind, the free-spending model bandied about by City, Chelski, Manscum and now Liverpool is a fool's errand. It is unsustainable. Wenger to his credit recognizes that spending "daddy's money" like a drunken sailor (i.e. taking on more debt) will only result in a bankrupt club when their rich owners bail out after seeing no cash flow and no return on investment after shelling out hundreds of millions.
This saga only goes to highlight how much WE THE FANS are losing, independently of club affiliation. The "new" model is one that rewards the big spenders and pays no homage to clubs that live within their means. Without financial parity, football becomes predictable. Manu, Chelscum and City are the biggest spenders in the Prem - a few years ago, City was in a perennial struggle to stave off relegation. Was there any surprise that City finished in the top 4 last year? None. Will they finish top 4 this year? Yes. Predictable. Try going back to the 1960's, look at the league winners of the 10 year period from 1960 to 1969:
1960 Burnley
1961 Tottenham Hotspur
1962 Ipswich Town
1963 Everton
1964 Liverpool
1965 Manchester United
1966 Liverpool
1967 Manchester United
1968 Manchester City
1969 Leeds United
Eight different clubs. Now look at the10 years from 2000-2009:
2000 Manchester United
2001 Manchester United
2002 Arsenal
2003 Manchester United
2004 Arsenal
2005 Chelsea
2006 Chelsea
2007 Manchester United
2008 Manchester United
2009 Manchester United
Three different clubs.
What is even more telling is the correlation between $ spent on payroll and transfers and where a club finishes in the league. Chelski and Manu** own those numbers and have for the last 5 of those 10 years. Any wonder which two clubs won the league?
If you go back to the olden days, when TV money was evenly distributed, you could have a team like Clough's Derby County get promoted and one season later, win the First Division title. Those were the days when greater financial parity served to showcase greater footballing talent. Now, it's more about the checkbook.
While Liverpool, City, Chelski and Manu** are all spending money they don't have, Wenger to his credit is at least trying to maintain some kind of sanity around managing his club responsibly.
Arsenal fans should stay the course, continue filling the stadium and supporting their manager and help him to a top 4 finish (this is his real dilemma). They have to put their addiction to silverware aside and focus on the financial picture.
If they provide consistent support until the stadium is nearly paid off, they will have a club that will be a dominant force in football for another 100 years. We can't say that (based on current finances) for any of the three biggest spenders in the Prem, they will all have their "Lehman Brothers" moment at some point in future.
At the end of the day, I submit that those of us who love football should be backing Wenger, not crying him down.
...and we shall still produce good football. Trophies shall come..as sure as night follows day!!!
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