Quote Originally Posted by Fist of Lehmann View Post
This is what you need: http://www.arsenalreport.com/transfercentre/

Lists all our transfer spend back to 96-97.

In summary:

Emirates Era ~ Total £27,836,200
2011/2012 £12,388,200
2010/2011 -£8,914,000
2009/2010 £28,020,000
2008/2009 -£20,832,000
2007/2008 £17,640,000
2006/2007 -£466,000

Highbury Era ~ Total -£37,627,000
2005/2006 £395,000
2004/2005 -£3,936,000
2003/2004 -£15,046,000
2002/2003 -£2,210,000
2001/2002 -£18,976,000
2000/2001 £3,400,000
1999/2000 £8,630,000
1998/1999 -£9,780,000
1997/1998 -£1,064,000
1996/1997 £960,000


In short, yes we have made losses under Wenger, and no this has never been the case.
So we have made losses. But look at the early days. He was able to build a title winning side without spending much money. He earned his rep with the Board. In 10 years only a loss of £37m! This has always been the plan. We built te youth academy to support this plan. Oh well