Big spenders infuriate Gunners boss

02 January 2010 12:13
Half of clubs in the English top flight are now owned by foreign investors who are dipping into their bank accounts to fund new transfers.[LNB]Birmingham have recently been taken over by Hong Kong businessman Carson Yeung, Portsmouth have severe financial problems under Ali Al-Faraj, while Manchester City under the Abu Dhabi Group are expected to splash the cash once more in the January transfer window.[LNB]Wenger, who is regarded as a manager who favours scouting young talent rather than buying already established players, has slammed big-spending clubs as 'half-cheating'.[LNB]"Professional football is about winning and balancing the budget," he said in the Daily Express. [LNB]"That's the basic rule, one I fought for. All the rest is half-cheating. [LNB]"For every club it has to be the same. I always pleaded for financial fair play.[LNB]"The clubs belong to the fans. That's all I feel my responsibility is, to keep the club in good financial condition."[LNB]Chelsea announced on Wednesday that they had significantly improved their debt after owner Roman Abramovich converted his loans into equity. [LNB]When asked about the announcement, Wenger added: "Well, you know we are in a period of magicians."[LNB][LNB] West Ham v Arsenal. Click here to bet.  

Source: Team_Talk