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Arsenal Chief Executive Ivan Gazidis in hopes of making the Gunners remain competitive at both home and abroad, has promised that he will keep providing funds to the Head coach.
Gazidis went on to claim that Arsenal boards will continue to provide the clubs needs by making “all available revenue” at Arsene Wenger’s disposal as they will look to chase “big trophies” down.
The North-London club is known for not being a big spender in terms of buying players in the transfer window, in which have only been able to spend £200 million in transfer window over the last three years; Granit Xhaka and Shkodran were the only players bought by Arsenal in 2016, while Wenger broke the Gunners transfer record to land former Lyon striker Alexandre Lacazette this summer transfer window.
The Executive wrote in the Gunners’ full year results: “Our ambition is clear – to win major trophies.
“In order to compete at the top, we need to strive to be better than our competitors in everything we do.
“That is why during the past season we have continued to make substantial investments to drive the club forward.
“At the top of the pyramid, we have scaled up our investment in our first team squad significantly in recent years, spending a net £203m in transfer fees in the last three seasons.”
Gazidis also added: “With few notable outward transfers during this period, our squad size had grown and we therefore had two major objectives for the summer transfer window. To add to the squad only where we could improve the quality of the players available to our manager – quality over quantity – and to reduce our overall squad size.
“To that end, we secured Sead Kolasinac and Alexandre Lacazette, our two primary targets for this transfer window. We also transferred or loaned a number of squad players to enhance the efficiency of our spending, to generate transfer revenue for reinvestment into the team and in some cases (for example, as in the case of Emi Martinez) to aid their development.
“At the same time, we retained Alexis Sanchez and Mesut Ozil and promoted new young talent from our academy pipeline into the first team. These decisions, taken as a whole, have again strengthened our squad for this season’s competitions.
“We will continue this long-term approach of progressively reinvesting all our available revenue in our playing resources as we look forward.”
Arsenal lost control of the Premier League top four spot for the first time under Arsene Wenger in the 2016/17 campaign, which spelt no Champions League football for them this season.
However, the Gunners have made a positive start to the Europa League matches, and also have been unbeaten in their last six games in all competitions.
Arsenal positive start to the season can see them make a title challenge in the Premier League this campaign and secure a spot at the Champions League next season.A