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At least 50 million quid (if not more).
Do people think that? I don't think many think that now.
There was a time just after the stadium move when the billionaire's money was having the biggest impact (I don't think I need to defend that view, look where the trophies ended up) and there was some belt tightening required (Dein's interview backs that up, this is apparently inadmissible as evidence about what goes on in the club for some reason). In that era I think Wenger did pretty well to keep us relatively competitive and it was hard for us to compete.
Now the shackles have come off financially and we should be able to compete with anyone. There are very fans who think that if the 'great' Arsene Wenger can't make us compete then no-one can. Compete straw man argument.
Some interesting stuff here PnG, I never really knew of the recruitment process regarding Jonker, I knew he came here with a big rep and has a big job to do restructuring the Youth system, but that is about as far as it went. Interesting regarding the next Manager being one that has to be pro developing youth and integrating them into the First team.
Surely the knobhead over the top reactions work both ways on Twatter? People fly into abuse at Wenger and others that back him are just vociferous with their point of view. 99% of social media is just a gauge for how egotistical people are.