“It’s right that you promise the manager the proceeds of the Bale sale and say he would be given all to spend on players. That’s great.
“But I would guess if you had made that promise to Arsene Wenger then he would have gone, ‘Thank you, Mr Chairman. That’s good. Stick it in the bank and I will use it when I find somebody who I think is worthy to buy.’
“But they went out like a kid in the sweet shop. He (Villas-Boas) bought anything in sight and went and spent the money straight away.
“That told me that the management beneath him were delinquent in some way. You can’t do that. It doesn’t make sense that you can go and pick seven players. What does that say about the rest of the squad?
“You can’t criticise Daniel because as the chairman you are under pressure when you have an untenable situation of having to sell Bale.
"He did a great job in negotiating the world record. Then he promised the money to the manager. What more can he do?”
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