My question is, how can a pen pusher with zero experience in management tell Wenger what a player like Bendtner or Denilson is worth in wages? Contracts were doled out based on potential and Wenger kept telling everyone that of we kept these players around long enough, they'd turn into world class players. Who could really question him on that at the time? They're trusting his judgement and past record because they're not experts on youth development.
I've had debates on here before about who makes these sort of decisions and it all has to be based on Wenger's word. We heard Wenger's comments about giving RVP a new contract and how it's risky giving a 28 year old a huge contract when he's only got a couple more years left at his peak. That's an example of how he justifies the wages. That's the level of thinking.
If anyone questions him on the matter, I'd guess they get the typical response from Wenger as the Graham and Petit found out the other day. 'I have people with zero experience in the CL or in management questioning my supreme judgement....' or something along like that.

He gets tetchy and arrogant. The results will speak volumes and if we finish outside of the top four they can take him to town. It's a sit back and watch him hang situation now. It would be great if we had folks on the Board that really knew the game, but these guys are old and at retirement age.
But I wish there was someone there that could really question him about this shit.