This is typical of the board setting up a false dichotomy, of either A) maintaining current levels of spending or B) Spending £100M. There is a middle ground, where you spend money on quality, experienced players who are both old enough to be able to slot into the first team immediately, and yet are not yet at the peak of their careers so there is room for improvement. As I've said before, players like Sagna and Vermaelen fitted the bill. They didn't cost the earth, but have provided value for money. How would making signings of this sort make us bankrupt?
Appropos of this, did you also see the quote where Wenger says:
"I can't believe people would think I have £100m in the bank and be stupid enough not to spend it."
My bad.
If you actually read my comment you would see that it implies that Wenger would make his decisions regarding players without consideration of the cost or where it fits within the financial plan for the club. Would he be like the fans who want this expensive flavour of the month player or that one? I doubt it. The fact is that fans put forth players based on our perceived benefit to the club through their play and do not do an analysis that includes total costs (fee, wages, impact on other wages). Removing Wenger from any consideration of the financial consequences to the club would put him in a similar position as the fans, and would set up an inevitable clash where he says "I want this player" and the club says "We cannot afford him".
The reality is that Wenger (and every other manager of clubs not financed by oil wells or governments) has to consider all aspects involved in buying a player.
While all answers are responses, not all responses are answers.
‘Arsene was very cautious and David was very ambitious for the club,’ said former director Keith Edelman, managing director at the time. ‘He was very good at getting Arsene into a position where he was comfortable spending money.’
The board have said if wenger identifies a player he really wants and he needs the money it's there. Wenger doesn't think it's worth it!
While all answers are responses, not all responses are answers.
Who is to say that they will not be back there is a season or two. They have spent some big coin, are promising to spend more and now Dalglish has to deliver. I do not believe that they are a lock on getting CL or even Europa next season, unless the latter comes though a cup win.
While all answers are responses, not all responses are answers.
No idea about Liverpools finances tbh, although I got the impression that the current owners where more like ours, but a little (lot) more pragmatic in terms of the business model. Correct me if I'm wrong.
I think this summer will be more nuts than usual, as this will be the last chance to overspend.
That wasn't the point. The point was the people trot out the "I'd give it back" quote to indicate his unwillingness to spend. Yet rarely do they trot out the "They must think me stupid" quote to suggest that he'd spend it if he had it.
Wenger says a lot of things. Some of them can be construed as contradictary. Better to take them all with a pinch of salt.