[quote author=Rafa4PM link=topic=39473.msg1076353#msg1076353 date=1269524111]
[quote author=Delinquent link=topic=39473.msg1076340#msg1076340 date=1269522911]
[quote author=Rafa4PM link=topic=39473.msg1076302#msg1076302 date=1269519317]
[quote author=Delinquent link=topic=39473.msg1076289#msg1076289 date=1269517762]
[quote author=Rafa4PM link=topic=39473.msg1076274#msg1076274 date=1269515320]
Yes he has Del.
If G&H think it's acceptable to include wages when it comes to our transfer kitty, then i thinks it's fair to do the same when we are doing a comparison with our rivals.
Taking into account transfer fees + our wage bill, then the gooners, chavs and Utd all continue to spend more than us (+Spurs and City for that matter).
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I have provided figures to the contrary to before, as I'm sure has Ross.
What's interesting, is that those who continue to oppose or ignore those figures, have absolutely no evidence to back themselves up.
Funny that.
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I'm just going on the figures produced by Deloitte's annual review of football finance's Del
"Chelsea, with wage costs of £172m remains the
highest spender by some distance, over £50m above
the next highest club, Manchester United, who spent
£121m. The other top five wages spenders in 2008 are, for the sixth season in succession, Arsenal £101m,
Liverpool £90m, Newcastle United £75m".
Looking at those figures it's clear to see that the Scum, chavs and now City (from what we already clearly know) easily out spend us.
The Gooners wage bill is only £11m more a season than ours, so on that score i stand corrected.
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And what about the money spent on transfers? Or have you just written that off?
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Of course not.
According to LFC History, Rafa has spent £228m and recouped £153m of that (£75m net spend). So i think it's clear to see that the Manc's (£31m more in wages alone), Chavs (£83m more + £225m gross on players) and City (who have spent £200m+ on players + Have a huge wage bill) will all of spent more than us after taking into account transfer fee's.
As i have already admitted though, even taking into account the £11m more that the Gooners pay in wages, they still spend less than us, but it's a lot closer than what many on here think. In this period though, what have Arsenal won?
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Rafa4PM,
Personally, I think your wage bill argument is a very good one.. and often overlooked (even by myself).. thanks for the education there. If the Mancs are indeed spending 30m more anually on wages, then it would have a big impact on Rafa's capabilities in the transfer market. However, I STILL think with the little money he has had, 50% of it has been mis-managed.
If you compare him to Wenger, whilst both haven't won anything for a fair few seasons, I'd say Arsenal look like they're in a much better position to progress as a team. (As a club it's not worth debating, as their stadium will help them immeasurably and this isn't Rafa's fault, at all).
But it hasn't always been this way for Wenger. When he first came to Arsenal, they were at Highbury, making peanuts and spending it, whilst the Mancs were spending money like it was going out of fashion. The difference being that Wenger spent the little he had VERY astutely on the likes of Pires, Overmars, Vieira, Petit, etc, etc, the list goes on. It's only recently, that Wenger has gone all 'mad scientist' and is trying to build a U23 team. Initially, muich of his success was from being very prudent market, and Highbury wasn't the revolving door that Anfield is today.