Jul 15, 2013, 12:59 AM EDT
The encouraging part for Arsenal fans about this ongoing saga is that it’s becoming all the more obvious Arsène Wenger does, in fact, have a war chest to empty in this summer’s transfer market. The discouraging part: No major purchases have been made, and if old ideological-based concerns are going to get in the way of spending money new advertising deals have given the Gunners, then what’s the point?
We’ll get to that in a minute. For now let’s talk about the latest reports out of England surrounding Wenger’s newfound fascination with Liverpool’s Luis Suárez, the want-away striker moving slightly closer to Arsenal after reports the London club has upped their offer for the Uruguayan dynamo from $45 million to $52.8 million (or, £35 million), just $7.5 million short of the number Liverpool would reportedly consider. If that number was a negotiating stance, you have to assume Arsenal’s getting close to hitting Liverpool’s real evaluation.
In the mean time, Gonzalo Higuaín waits in the wing. The Real Madrid man is reportedly ready to complete his prolonged transfer to North London, but before Wenger leaves with the Argentine, he’s taking another trip around the bar, seeing if he can get one of the women he was chaing at the beginning of the night to give him some time before he settles. At last call, it might not be the classiest move, but in world soccer, it can be part of the deal. (Until a team undercuts them, like Bayern just did to Manchester United.)
In the past, “part of the deal” for Arsenal has always been a seeming reluctance to overspend, a product of their economically-driven view of players and part of the reason their record transfer purchase remains £15 million (Santi Cazorla, Andrei Arshavin). Arsenal can clearly spend more, but once you start getting farther from the £6-£10 million purchases Wenger’s comfortable making, heightened, model-breaking demand based on elite player scarcity starts creating inefficiencies. It’s unclear Wenger’s Arsenal has ever been comfortable with this inefficiencies.
In the past, the reason for that may have been financial as much as philosophical, but with the club’s influx of cash, they can afford to embrace the market’s imperfections in the name of competing for trophies. Nobody said sports markets are perfect (they are usually defined by irrational actors). Perhaps being the most resourceful rational actor in a market would be a good long-term strategy for Arsenal if they had assurances the big boys would themselves out of existence, but by the time that happens (if it ever does), Wenger will have long left North London.
So while Arsenal has money to spend, the question if whether Wenger will capitulate to meeting the prices of an insane market. All indications are he might, but until we actually see the professor sign off on one of these purchases, it’s all theory.
Apr 23, 2014, 10:52 AM EDT
He’s simply one of the worst that’s ever played.
Apr 23, 2014, 10:25 AM EDT
Shola Ameobi has played a lot of roles during his time at Newcastle; His latest role is vocal critic of the club’s transfer practices.
Apr 23, 2014, 9:40 AM EDT
The USMNT midfielder posted this shot to his Instagram account on Tuesday, proclaiming his new stars and stripes knee tattoo complete.
Apr 23, 2014, 8:48 AM EDT
The Champions League will make Liverpool more attractive, says its managing director, and the club will spend money to fortify its team.
Apr 23, 2014, 8:04 AM EDT
Paul Scholes joined former teammates Ryan Giggs, Phil Neville and Nicky Butt as Manchester United prepared for this week’s match vs Norwich
Apr 23, 2014, 7:32 AM EDT
This is a massive break for the Blaugranas and will no doubt be met with consternation by its rivals.
Champions League preview: Defending champion Bayern Munich looks to end Real Madrid quest for 10th title
Apr 23, 2014, 6:12 AM EDT
Bayern is two steps away from back-to-back titles. Real Madrid’s the same distance from its decima.
Apr 22, 2014, 10:31 PM EDT
Ferguson has kept quiet during the club’s latest transition, but according to reporting Tuesday night, he’ll play a part in finding David Moyes’ replacement.
Apr 22, 2014, 9:14 PM EDT
With injuries forcing his hand, the Blues’ boss wants to concentrate on Champions League.
Apr 22, 2014, 7:51 PM EDT
They only took one point from Vancouver, but LA Galaxy won three spots in this week’s Best XI.
Apr 22, 2014, 6:28 PM EDT
Chelsea boss has a big job on his hands ahead of the second leg:
Apr 22, 2014, 6:05 PM EDT
Mourinho’s approach; Lampard’s card; and the Blues’ two big injuries.
Apr 22, 2014, 4:55 PM EDT
Chelsea do a job on Atleti, as everything’s up for grabs in the second leg:
Apr 22, 2014, 4:47 PM EDT
Evoking memories of their 2012 championship run, the Blues played out a scoreless draw in leg one.
Apr 22, 2014, 4:06 PM EDT
He missed out on our award in Week One. Six weeks later, those no denying the RSL number one.
Apr 22, 2014, 2:17 PM EDT
Excepting Sir Alex Ferguson, the Manchester United Supporters Trust is really not fond of any higher-up at the club right now.
Apr 22, 2014, 1:56 PM EDT
The lineups are out for Tuesday’s UEFA Champions League semifinal first leg between Atletico Madrid and Chelsea in Spain.
Apr 22, 2014, 12:58 PM EDT
As much as he loves the club, perhaps even Giggs knows he’s not completely ready for the gig.
Apr 22, 2014, 12:02 PM EDT
A lost Super Bowl bet means Colorado defender Shane O’Neill will be enjoying a gooey treat courtesy of Seattle’s DeAndre Yedlin.
Apr 22, 2014, 11:20 AM EDT
The celebration has now cost Anelka a job, West Bromwich Albion some sponsors and Sagbo some money.
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