English Premiership

Wenger adamant he's ready to spend

2016-08-18 14:26
Arsene Wenger (TEAMtalk)

London - Arsenal manager Arsene Wenger hit back on Thursday at suggestions he is afraid to spend in the transfer market amid concerns the Gunners are losing ground to other leading Premier League clubs.

The north London club, who were last crowned Premier League champions back in 2004, are estimated to have cash reserves in the region of 200 million ($263 million, €232 million).

But their only signing this summer has been that of Switzerland midfielder Granit Xhaka for a reported 30 million from Borussia Moenchengladbach.

That is in stark contrast to the transfer activity elsewhere, including Manchester United's world-record 89 million move to bring the French midfielder Paul Pogba back to Old Trafford from Juventus amid several signings.

With centre-backs Gabriel and Per Mertesacker injured, veteran French manager Wenger decided against recalling defender Laurent Koscielny, as well as Olivier Giroud and Mesut Ozil, for Sunday's Premier League opener against Liverpool after they were all involved at Euro 2016.

BUYING NOT THE ONLY WAY

As a result, the fledgling partnership of Calum Chambers and Rob Holding started in a 4-3 defeat - a result that raised fresh questions about the strength of Arsenal's defence and the scope of their ambition amid accusations they've 'settled' for finishing in the top four and a place in the Champions League

But Wenger, speaking ahead of Arsenal's trip to champions Leicester City on Saturday, said: "You (the media) are absolutely convinced that I do not want to spend the money, but I reassure you we are ready to spend the money.

"Buying calms the fans, of course, but we have to make sure...it is important to spend money but we have to spend it the right way," the 66-year-old, in charge of Arsenal since 1996, added.

"What I fight against is to think that the only way in football to deal, is to buy.

"It is right when you need the players and you identify the players and we are not scared to spend money, but to buy in itself is not a quality but to buy the good players is a quality, and I think this club has been built on that.

"We had great success in the last 20 years in improving our structures and the main thing is based on a transfer policy."

Wenger did try to sign striker Jamie Vardy from Leicester, only for the England forward to decide to sign a new contract with the Midlands club.

"You have to respect the decisions of people and that's part of it and I think on every transfer market you have one or two who have decisions to make and you have to respect them," he said.

"I don't think he has something special against us, I don't see why he would."

Arsenal beat Leicester home and away last season but still finished 10 points behind the shock champions.

Leicester started the defence of their Premier League crown with a surprise 2-1 loss away to Hull City last weekend and Wenger said: "The challenge for them is to do well again and to show that their last year was not a one-off.

"They need to be capable of challenging and will need to be to show if they can be considered as one of the top teams in England."

NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Fixtures
26 September 2016
Burnley v Watford, Turf Moor 21:00
30 September 2016
Everton v Crystal Palace, Goodison Park 21:00
01 October 2016
Swansea City v Liverpool, Liberty Stadium 13:30
West Ham United v Middlesbrough, Olympic Stadium 16:00
Sunderland v West Bromwich Albion, Stadium of Light 16:00
Hull City v Chelsea, The KC Stadium 16:00
Watford v Bournemouth, Vicarage Road 16:00
Logs
Team P W PTS
Previous Results

Date Home Team Result Away Team
Vote

Will Jose Mourinho lead Manchester United to the English Premiership title in 2016/17?

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

Big month in the world of golf as the FedEx Cup concludes on the PGA Tour, the Race to Dubai gathers steam on the European Tour and the Sunshine Tour offers local golfers the chance to bank some cash. Oh, and not forgetting the USA v Europe Ryder Cup showdown at Hazeltine!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.