Will Wenger stay?
20 April 2007Wenger’s chief ally and the man who actually recruited him David Dein has quit the board of Arsenal because of irreconsilable differences with the board of directors. Wenger’s future with the club is now highly uncertain.
David dein who owns shares worth over 14% of Arsenal wants the club to sell out to American investor Kroenke who recently acquired 11% shares in the club and “haul Arsenal into the 21st century”. He feels that selling out will give the Gunners the opportunity to mount a veritable title challenge in future seasons and make them more competitive with the likes of Manchester United, Chelsea and Liverpool who have all gone to foreign ownership……………
David seems to be forgetting that of these three clubs, only Chelsea have an astronomical amount of money to spend due to their new owner the Russian Roman Abramovich who has over £6billion liquid cash to play with and buy players for astronomically obscene amounts of money. Man U and Liverpool are not necessarily better clubs because of any foreign investment.
Other Premiership clubs who have gone the way of foreign investors eg. Aston Villa, Portsmouth and West Ham are still trying to find their feet without any huge amount of money being pumped into these clubs by their new owners. Kroenke does not have the financial wherewithal to give Arsenal that boost which Dein feels is paramount in Arsenal’s quest for more honours.
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