That is so untrue though.
Arsenal are probably the best in the transfer market (commercials wise). They actually make profits on players all the time.
They have decent scouts, decent coaching staff and a decent manager. So they spot raw talent, develop it, milk the rewards and sell on at a profit. The list of players they have done that with is endless. Over the past 4 or 5 years, their *net* spend in the transfer market has been *zero*! They have funded all of their acquisitions from profit on sale of other players.
Unlike us, who have pissed away a massive fortune. Since we've had some money, we have bought a lot of decent players, fucked them about and turned them shite and sold them for buttons. Total cock up all over the place.
Hopefully under Mancio, this will stop.