Gazidis insists Arsenal remains right to exercise restraint in transfer market

22 September 2009 19:35
Arsenal 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.[LNB]UEFA recently announced plans designed to prevent clubs from spending more thanthey earn. Gazidis believes this is the only way forward and that Arsenal are proving the ideal model in terms of responsible financial behaviour.[LNB]The Gunners have not won the Premier League since 2004 and manager ArseneWenger has come under increasing pressure for declining to re-inforce his squad.[LNB] Sesnsible: Arsenal chief executive Ivan Gazidis believes the club are sensible to use restraint in the transfer market[LNB]But Gazidis says the club will never raid the transfer market just to increase squad size.[LNB]Speaking at this week's International Football Arena in Zurich, 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.'[LNB]Disappointment: Arsenal boss Arsene Wenger has seen his side lose twice in Manchester in recent weeks[LNB]Recent setbacks against both Manchester clubs have fuelled the debate about whether Arsenal are ever likely to regain their domestic supremacy, let alone capture the Champions League.[LNB]Gazidis, who has been at the Emirates Stadium since November last year, admitted the club did not have as much spending power as their rivals which is why Wenger's philosophy of nurturing young talent was so important.[LNB]He said: 'It's not easy for a club to walk this path when others have outside funding that we don't have. But it's a path we are committed to. Arsene won't do things in response to media pressure. He thinks about the development of the team.[LNB]'In the two windows since I've been here, we have signed two players who I think are pretty special - Andrey Arshavin and Thomas Vermaelen.[LNB]Both have added something to the team. What we haven't been prepared to do is go out in what has been a particularly irrational market and spend money for the sake of it.[LNB]'We are a club that is living responsibly within its means which is important in the current climate, living by the kind of words that everyone talks about. And still we've got a great team that plays some of the most attractive football in the world.'[LNB] Platini's plan to curb English spending is never going to happen - ScudamoreArsenal target Marouane Chamakh still dreaming of Premier League but will not dismiss new Bordeaux contractARSENAL FC

Source: Daily_Mail