Source: Eurosport
Gazidis backs Wenger spending policy
Chief executive Ivan Gazidis insists Arsenal's policy of restraint in the transfer market is the most sensible way of running a club and does not believe the Gunners are in danger of falling behind their Premier League rivals as a result.
UEFA recently announced plans designed to prevent clubs from spending more than they earn. Gazidis believes this is the only way forward and that Arsenal are proving the ideal model in terms of responsible financial behaviour.
The Gunners have not won the Premier League since 2004 and manager Arsene Wenger has come under increasing pressure for declining to re-inforce his squad.
But Gazidis says the club will never raid the transfer market just to increase squad size.
Gazidis said: "We believe transfer spending is the last resort. That's a sensible view to have. Re-signing existing players is a far more efficient system. What Arsene will not do is spend money on players that do not add something of real value."
