I know that £50 million is a lot of money and even in the money rich English Premier League, there are a lot of club managers who would love to be able to spend that much in the summer. But I do not think it is really enough for Arsenal to give Arsene Wenger. Not if they want the Gunners to mount a proper title challenge that is.
And that is exactly what the owners and the board will expect, according to a Daily Telegraph report. The paper claims that the pressure on the Frenchman to start bringing real success back to the club is increasing and the old excuse of paying off the debt amassed when building the Emirates stadium is no longer good enough.
But you have to remember that Arsenal are still playing catch up and have spent less than any of our rivals in the last ten years. So the board should be giving Wenger as much as possible to buy some top class players. When you consider that Man United spent three times the £50 million that the report reckons Wenger will get at the end of this season and that they will probably spend a similar amount again, you wonder whether the Arsenal board are living in the real world.
And when the club then releases financial figures showing more profit and a massive cash reserve of nearly £140 million, you have to wonder what they are saving it for. Come on Kroenke, you get what you pay for so cough up!