Why Arsenal fans will NOT be excited about finances

The only way that the news of the latest strong financial position that Arsenal Football Club find themselves in, for us fans at least, is if the Arsenal board decide to get really serious about spending money in the summer transfer window.

With the Gunners way off the Premier League pace yet again this season, Arsenal fans everywhere will be hoping that our owners and the top brass at the club realise that the squad needs some serious investment to be able to challenge the likes of Chelsea, Man City and Man United next season, whoever the manager happens to be.

The need for big signings will be even more pronounced if our worst fears come true and either Alexis Sanchez, Mesut Ozil or both decide to call it a day and move to another club, but the words of our esteemed chairman Sir Chips Keswick in the Sky Sports report about the latest financial figures do not fill me with optimism to be quite frank.

He said, “The financial results for the first half of the year are robust.

“As expected, increased Premier League broadcasting revenues have had a direct impact on player costs, both in terms of transfer prices and player wage demands.

“We have invested in our own playing squad at record levels. It has also been exciting to see more young players emerging from our Academy.

“We are very focused on producing a positive and exciting closing run and with the support of our fans, I believe together we can achieve a successful and memorable end to the season.”

You will notice that he suggests that the club has been spending lots and are hoping to finish this season strongly, but there is no mention of more big spending plans or the need to make next season a much better one than this. Are we set for another underwhelming summer window and another season without the title?

Bob.