Originally Posted by Australian Red
Gunners fans have been waiting for them to open the cheque book for the last 10 years!
Financial they can't compete with Man U, Man City and Chelsea. Liverpool is probably ahead of them as well. Until they pay off the the emirates they aren't going to be making 50 milion pound bids like Man city are reportably doing for Falaco.
I think the new kit deal with Puma will help quite a bit. They are paying a 13 Million Pound advance this summer which will certainly help, as will the renewal of the Emirates sponsorship. Arsenal is in better financial shape than most realize, they've just made a philosophical choice not to spend like drunken sailors. You are right that they will never make a bid like the ones Man City makes, but to balance that no club develops youth players like Arsenal. What Wenger did with this squad is pretty impressive.