Wenger shopped in the bargain basement at Arsenal. Anelka, Vieira, Pires, Henry were all signed for modest fees. In many ways buying Anelka for 500k and selling for 20m literally bought the club a new training ground. Plus it was Ferguson and Man United always breaking transfer records. Wenger was notorious for being tight and not wanting to spend. Cesc, RVP, Adebayor purchased for 4m combined, sold for 75m. Anelka bought for 500k, sold for 20m in 1999. The amount of times he sold players for multiples of 10-20 times what he paid is a long list.
Its also incredible how you try to portray Pep as this down on his luck up against the odds manager who need to use all his intellect to overcome the 'odds'. The odds are always in Pep's favour. Your squad is jacked with individuals who cost 50m plus. Pep's always had the rolly royce jobs. Inheriting the Barcelona team than won the CL a few years prior with Rijkaard, then to Bayern were its probably more difficult to come 2nd than 1st. And yes the modern premier league is competitive, but you still have the edge over the rest, bar United.
Top manager. But lets face it, he has never known adversity of budget restraints, the set backs of players getting cherry picked, having to sell to buy ect. He has never had a conversation that goes like this. Pep "I want to buy this player" Chairmen: "Sorry Pep, we dont have the resources"