December 6 2013 Latest news:
By James Cunliffe
Friday, August 30, 2013
Arsene Wenger has highlighted Radamel Falcao’s big-money move to Monaco as an example of a transfer market out of control but has insisted that Arsenal will strive to pay the correct value for players.
The Gunners are preparing to host arch-rivals Tottenham in Sunday’s first north London derby of the season with Spurs having broken their transfer record three times already this summer, including three signings today alone.
Vlad Chiriches, Erik Lamela and Christian Eriksen have all joined Andre Villas-Boas’ White Hart Lane revolution, while Wenger has re-signed Mathieu Flamini on a free to add to his only other new recruit, teenager Yaya Sanogo, also for free.
He is expected to make late move in the market ahead of Monday’s deadline with Karim Benzema, Mesut Ozil and Angel di Maria of Real Madrid the three top targets.
But despite Arsenal’s failure to land Gonzalo Higuain, Luis Suarez and Yohan Cabaye this summer Wenger steadfastly refuses to be pushed into splashing out inflated fees on players.
“There is no transfer market anymore where you can say: OK, this player a right-back, a left-back or whatever. It just depends on the financial potential of the buyer. We have financial potential, I wouldn’t deny that, but we will decide still to pay the right price,” Wenger said.
“It is linked as well to the economical resources of the buyer.
“You could be in the position to buy a house that is worth £2million, but if you like it and you have £4million, you can buy it for £4million.
“However, that doesn’t mean you can re-sell it for £4million, but just that you have the £4million and you can buy it.
“It is exactly the same with players. Monaco buy Falcao at 26 for £60m. They have 17,000 [stadium] capacity, they know it doesn’t make [economical] sense, but the guy who owns the club has the money to buy him, so he decides to buy him.”
Wenger also insisted that his squad full of homegrown stars is a better mix than a team full of big name signings.
He said: “There is a big debate in England at the moment that the Premier League is an obstacle for the national team.
“I was accused many times of that but now I have players who play for the English national team and you [media] push me to buy foreign players.
“That cannot be right somewhere because we have [Carl] Jenkinson, [Kieran] Gibbs, [Theo] Walcott, [Alex Oxlade-] Chamberlain, [Jack] Wilshere and plenty of players who can play for England.
“I always said that the ideal thing is 60 per cent of local and players we produce ourselves, even if one or two of them are foreign but you produce inside the club and 40 per cent of players that we spend the money and buy.”