Ivan Gazidis has suggested that Arsenal can compete with any club in the world for the signature of the world’s top players, as the North London club enters a new financial era. The American used Manchester United’s unsettled striker Wayne Rooney as an example, while reports have also linked the club with Real Madrid strikers Gonzalo Higuain and Karim Benzema.
When questioned directly about Rooney, Gazidis said: "We could do that, we could do more than that," he said. "We have a certain amount which we've held in reserve and we also have new revenue streams coming on board. All of these things mean we can do some things which would excite you. We can think about all kinds of things."
Arsenal has famously been constrained in the money department by the cost of its move to the Emirates Stadium in 2006 when the club was forced to lock-in long-term sponsorship deals that guaranteed money upfront. The result, Gazidis has said, was having had “one hand tied behind our back.” However, some major commercial deals, like the recently renegotiated five-year $233 million deal with Emirates and the $46.5 million kit contract with Puma, will provide a boost to revenues beginning next summer.
Gazidis claims that Arsenal will soon be back among the world’s elite in terms of spending power. “We should be able to compete at a level like a club such as Bayern Munich," he said. "We are moving into a new phase where, if we make our decisions well, we can compete with any club in the world.”