Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
Arsenal Favors Security Over Instant Success
Telegraph, September 22nd, 2008 2PM
Subscribe to Section 2 Around the Net


MOST READ


Arsenal chairman Peter Hill-Wood has stressed that his club favors long-term sustainability over splashing out cash for huge transfer fees, and said he is "sure" that fans understand not winning the Premier League title if it means the club is kept on a stable financial footing.

"We obviously can't compete with the money Manchester City have so there's no point trying," Hill-Wood said. "We've got to succeed some other way. We bore people silly by saying we've got to have a business plan that's sustainable. We want the club to be thriving in 50 years time."

He said there are "other ways" to compete. "Money is not the only thing that matters. You can buy what you think are the best 11 players in the world and they might not play as a team."

Asked why Arsenal allowed U.S. millionaire Stan Kroenke (club stake just over 12 percent) to join its board last week over controversial Russian-Uzbek billionaire Alisher Usmanov (just over 24 percent) Hill-Wood said: "I don¹t think he [Usmanov] brings the sort of talents that Kroenke can bring, and we're not really looking for any other directors."

 

 

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now


AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Lampard: Blues Fans Had Every Right to Criticize Benitez     
Chelsea vice captain Frank Lampard, who recently inked a one-year contract extension with the club, said ...
Report: Seedorf to Replace Allegri at Milan    
Following his end-of-season meeting with AC Milan vice president Adriano Galliani, Massimiliano Allegri refused to confirm ...
Neymar off to Europe after Confed Cup?    
Neymar's transfer to somewhere in Europe appears imminent. According to reports in Spain and Brazil, the ...
Pellegrini Confirms Malaga Departure    
Manchester City target Manuel Pellegrini on Wednesday has confirmed that he will leave Mlaga at the ...
Report: Holden Gets Bolton Extension     
U.S. international Stuart Holden has agreed to a new one-year deal with current club Bolton Wanderers, ...
Report: Pulis Resigns as Stoke Manager    
Tony Pulis has resigned as Stoke City coach, according to reports in England. The 55-year-old Welshman ...
Ferguson Wins Fourth LMA Manager of the Year Award    
Alex Ferguson on Monday received his fourth League Managers' Association award for manager of the year. ...
Brighton Suspends Coach Following Excrement Incident    
Brighton coach Gus Poyet, assistant Mauricio Taricco and first-team coach Charlie Oatway were suspended on Monday ...
Report: Atletico Expects Falcao to Leave    
Over the past few weeks, Atletico Madrid striker Radamel Falcao has been linked with moves to ...
Spain Says Adios to Mourinho    
Following the news on Monday that Jose Mourinho's three-year reign as Real Madrid coach will end ...
>> Section 2 Around the Net Archives