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.
Oct 24, 2014, 11:30 PM EDT
The midfielder is yet to make a Premier League start this season as rumors surfaced that he could return to Brazil on loan.
Oct 24, 2014, 10:33 PM EDT
Chicago ended their season with a win as Florent Sinama-Pongolle tallied in stoppage time to erase Houston’s first half lead.
Oct 24, 2014, 9:22 PM EDT
You can watch the match live on NBCSN or online via Live Extra.
Oct 24, 2014, 8:51 PM EDT
Neil Warnock could be answering to a new boss if American billionaire Josh Harris purchases Palace.
Oct 24, 2014, 8:00 PM EDT
Jose Carlos Rivero was charged with two felonies earlier this month but continued to work games for the MLS.
Oct 24, 2014, 7:27 PM EDT
The New York Red Bulls made a young girl’s dream come true as she signed a one-day contract with her favorite team.
Oct 24, 2014, 6:20 PM EDT
Watch the Black Cats host the Gunners at 9:45 a.m. ET online via Live Extra.
Oct 24, 2014, 5:31 PM EDT
UEFA handed Serbia a 3-0 win but deducted points after their match against Albania was called off due to violence.
Oct 24, 2014, 4:43 PM EDT
The former England captain and Manchester United legend plans to retire after his season at QPR.
Oct 24, 2014, 3:54 PM EDT
Watch as Leicester City travels to Liberty Stadium tomorrow live on NBC at 12:30 p.m. ET.
Oct 24, 2014, 3:04 PM EDT
Pogba broke through with 9 goals and 10 assists across all competitions for Juventus last season and a goal and assist at the World Cup.
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Oct 24, 2014, 2:26 PM EDT
It’s a little dusty in here. Godspeed, Irelyn. May a cure be found in short order!
Oct 24, 2014, 2:01 PM EDT
It’s going to be ugly and we’re going to shake our heads. Some will feign shock. And the whole cycle will repeat itself again at Barcelona.
Oct 24, 2014, 1:20 PM EDT
Here’s how PST’s editor and lead writer sees things panning out this weekend.
Oct 24, 2014, 1:00 PM EDT
Perhaps a respite for Tim Howard and Brad Guzan, as their clubs face lesser competition this week in Burnley and QPR, respectively.
Oct 24, 2014, 12:25 PM EDT
Where and how to watch every game during Week 9 of the PL.
Oct 24, 2014, 12:05 PM EDT
It’s a top-four battle — no, seriously — as Manchester City rolls into Upton Park to take on Sam Allardyce’s West Ham United.
Oct 24, 2014, 11:15 AM EDT
Who makes the cut as MLS players deserving of a look at USMNT camp?
Oct 24, 2014, 10:25 AM EDT
An all-MLS final appearance is impossible thanks to seeding, and Montreal and DC can only face-off if they win in the quarterfinals this winter.
Oct 24, 2014, 9:38 AM EDT
The purpose of the show is for the Robbies to hear from the fans on this call-in show, so dial 855-323-4622 and have your say.
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