Arsene Wenger often boasts about the financial stability that he has helped build at the Emirates Stadium, and it’s becoming clear the financial model Arsenal have in place is an excellent one.
Mike Ashley with manager Chris Hughton at the Benton training grounds
It’s not often you hear of Wenger going into the transfer market for big ticket players, and the London club prefers to spot youngsters when they are young, bring them to the Emirates and develop them at the London club, and they have many in the current side where they have done just that.
One of the most famous is captain Cecs Fabregas, who was signed from Barcelona when he was just 16 in September of 2003, and made his first team debut on 23rd October 2003, in a League Cup tie at home to Rotherham, and Fabregas has since turned into one of the world’s best central midfielders.
And when you look at the big clubs like Liverpool and Manchester United having their financial difficulties, basically because their American owners went into huge debt to buy the clubs in the first place, you have to think this model is the right way to go, and limits the big money you have to play for the finished player.
Indeed, the Liverpool soap opera going on right now (we really pity the Liverpool fans in all of this), shows just what George Gillett and particularly Tom Hicks will do to try to make a profit.
And they seem to have had no interest at all in the Liverpool club itself, but have used it as a pawn to make money, and it ‘s all coming back to bite them and they’ll lose over £140M if the sale goes through to New England Sports Ventures (NESV), which it will.
Hicks and Gillet will have had their fingers burned by their antics at Liverpool FC, and they deserve everything that’s coming to them. Greed is not good.
We are pleased the Newcastle United club is not in the headlines with enormous debts right now, although we have had two of our worst ever ever, during the first 24 months owner Mike Ashley was at the club.
But things have settled down under manager Chris Hughton, and in the last 15 months, we can see great progress being made, not only on the field of play, but also with the club in general.
Top players like Frenchman Ben Arfa are again keen to come and play on Tyneside,, and we have to hope the financial situation starts to improve soon, and with the vastly increased revenues the world TV rights give Premier League clubs, it should improve.
Make no mistake about it, Ashley made many many mistakes when he arrived at Newcastle, but dare we say that since Chris Hughton and Colin Calderwood took control in July of last year,things have settled down amazingly well and quickly too.
And credit must also go to some of our senior players like Smith, Nolan, Harper and others, and headlines are now being made for what the lads are doing on the pitch – and that’s got to be good.
But we have to think that the Newcastle club were right to follow Arsenal’s model, and of course are basically copying the approach Wenger has made so successful over the last 12 years or so in north London.
For the first time for many a year Newcastle have been able to replicate what Arsenal have been doing for eons, and field a second eleven in the Carling Cup.
And indeed the Newcastle second eleven have won both their Carling Cup ties at Accrington Stanley and Chelsea this season, with the game at Stamford Bridge being one for the ages, with Newcastle winning the classic 4-3 with Ameobi heading in the winner in the 90th minute. It was a memorable game to watch, with Newcastle showing enormous courage throughout the 90 minutes.
Next step for Newcastle in their climb back, is to gain stability, hopefully as early as this season in the Premier League, and then we can push on to bigger and better things in the future. But things are definitely on an upward track on Tyneside, it’s hard to argue with that, especially if we can beat Wigan this Saturday. 😀
We’re glad it’s clubs like Manchester United and Liverpool making all the headlines these days, with their financial troubles, and not Newcastle United.
We’ve always been proud of Newcastle United, but we’re as proud now of the Tyneside club, than we’ve been for a long long time.
And maybe it’s that we have a set of players at the club who want to be at Newcastle, and who are just like the fans – they live and die for the club.