Gunners drop Wenger hint

26 August 2007 12:02
Arsenal remain 'positive' that manager Arsene Wenger will sign a new contract to remain in charge at the Emirates Stadium. The Frenchman's current deal expires at the end of the current season with reports suggesting he had put talks over a new contract on hold following the departure of former vice-chairman David Dein last season. But the Gunners managing director Keith Edelman remains hopeful Wenger will extend his 11-year stay with the club by putting pen to paper. "We're talking and usually when we talk, there's always a positive outcome," Edelman told BBC Radio 5live's Sportsweek programme. "Arsene will decide when he wants to sign and when he does we'll announce it. It's very much in his court at this point in time." Edelman has also suggested Wenger will have more money to spend in the future following the club's move to their new larger capacity Emirates Stadium home at the start of last season. "We are generating more money out of Emirates Stadium than our debt repayment," he added. "Therefore, we are more profitable at Emirates than we were at Highbury and therefore we can invest more money. "We will have the largest gate revenue in the UK and when our results are produced and you see the amount of cash the business has got, some of the comments that have been made over the summer are very wide of the mark. "We're in very, very good financial health and we're financially very strong as a club."

Source: ESA