Wenger feels financial responsibility

28 September 2009 15:48
Arsene Wenger maintains it is part of a manager's job to ensure the financial stability of their club. Arsenal's parent holding company on Monday revealed an increase in turnover to £313.3million, but with the cost of the £400million move to Emirates Stadium continuing to tie up the long-term financial commitments of the club, there have been suggestions Wenger does not have the cash with which to strengthen his squad should he wish. "I am encouraged by the fact that the financial results are good because I try on my side to contribute to that as well," said Wenger. "You want to work in a company that is in a healthy financial situation. I am quite proud that I work in a company that is in a strong financial situation." Indeed Manchester City, now bankrolled by the deep pockets of their new Arab owners, raided the Gunners for both striker Emmanuel Adebayor and Kolo Toure this summer, while Wenger opted to bring in just Belgium international defender Thomas Vermaelen from Ajax for £10m and tie up existing players such as Robin van Persie on new deals. Chairman Peter Hill-Wood was, in his report to shareholders, quick to highlight the board's determination to help Wenger secure continued success on the field and a first trophy since 2005. Wenger, though, insists keeping his employers on an even financial keel must remain high on the agenda. He continued: "The sporting side is one side, that is the most important, so to be completely happy you have to do well on the sporting side. "I have always worked in clubs who make money, and I would not feel that I do my job well if we lost money at the end of the season - never, no matter what happens on the sporting side - because you put the club in trouble and, in my opinion, that cannot be accepted from any manager."

Source: Eurosport