atans1

Adopt Arsenal money model – Uefa

In Footie on 15/01/2011 at 6:50 am

Err but where are the trophies? Fans, and owners (most of them unless they are Americans) want glory before money. Footie is more than abt money. It’s abt trophies and loyalties.

Arsenal have been held up as a shining example by Uefa as European football’s governing body prepares to implement tough new financial restrictions.

From the 2011-12 season clubs must break even over a rolling three-year period or risk a possible ban from Uefa European competitions.

Uefa compared Arsenal’s approach to that of clubs with super-rich owners.

“What model waits for a knight rider on a horse and then rides away?” said Uefa general secretary Gianni Infantino.

Arsenal boss Arsene Wenger’s meticulous and sensible approach to spending has helped the north Londoners strengthen their finances over the last 10 years, as some of their rivals’ own position has weakened.

BBC Online article

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