Gaylord du Bois said:
No mate they're perpetual bottlers full stop.
They perpetually bottle the league, they perpetually bottle the transfer window and most of all they've perpetually bottled replacing a manager that hasn't one fuck all in five hundred games.
They have bottled it before and for a long time. I personally think the reason they turned into bottlers is because Wenger got rid of all the experience in the likes of Vieira, Henry, Gilberto, Pires, Cole and Campbell. Fair enough some of them wanted to go, but he should have kept the others and they would have won more.
I don't believe Wenger is stupid enough to have all these millions and not spend them. Even if we are to believe that Wenger is refusing to spend on transfers then up until this summer why has he refused to spend on wages? If they had offered competitive wages then would all of RVP, Song, Fabregas, Kolo, Adebayor, Nasri, Clichy and Cole all have left? Yes they want to win trophies, but money helps a lot just look at Rooney.
How about we compare just how much Liverpool have spent net in transfers with Arsenal over the last 6 years. This is very rough and with the figures I could find but over the last 6 years Arsenal have a net spend of roughly -4.5 million. Now that's even less than Tottenham's 4 million odd which includes Bales's 90 million transfer fee. They are completely dwarfed by the spending of Liverpool at 88 million. So that's just a comparison with the clubs around them.
When we compare them to the major three then it goes crazy. Man United have spent 140 million net and that includes the sale of Ronaldo for 80 million. City have spent near 480 million net and Chelsea have spent 280 million net.
Now those are rough figures, but you get what you pay for most of the time in football. Yes City started at a lower base than Arsenal, but United, Chelsea and Liverpool have not. Wenger has managed to remain competitive with a net spend that Palace would be upset about. If Wenger is choosing not to spend the money then he is a fool. However, for all his faults if he does not have the budget then he has done a very good job with the resources he has and managed the club through a difficult period.