So after the derby, is Ivan Gazidis right about Arsenal?

24 hours after the North London Derby, fans may have a new perspective on Ivan Gazidis' comments on Arsenal going onto compete with the best in the world. What's your opinion?

Arsenal Chief Executive Ivan Gazidis says the future looks rosy for the club due to their financial stability. Do Arsenal fans care and do they just want a trophy?

Not a single person can argue with the way Arsenal are run as a business. In a football world where clubs are on the brink of going out of existence, Arsenal have planned and have come up with a model which has made them one of the most stable sporting clubs in the world. The Chief Executive says it all bodes well for the future but do Arsenal fans just want a little bit of success?

Arsenal’s turnover is expected to increase by around £64 million ahead of next season if all of their major commercial deals come off. This would mean a nice little chunk of money for Arsene Wenger to spend if he wanted to bring in some additional heavyweight players to help Arsenal try and win the league or a major European or domestic trophy. Arsenal have not won a trophy since 2005 and this season was their worst ever start to a Premier League campaign meaning Gazidis’ comments may annoy more people than they satisfy.

Gazidis does make a good point in the respect that when the time comes for economic rationality in football, Arsenal will be in the best position to take advantage of it. UEFA have already introduced a Fair Play initiative although this will have to be re-examined at some point as it is far too easy for the big spending clubs to get round the current financial restrictions and rules.

“As we look to the next two, three years we will have an outstanding platform on which to compete with any club in the world. Now we are in that stadium, the first part of our vision has been realised. Now we are at the stage where some of the commercial deals that were tied into the construction of the stadium, and enabled us to take that first big step, will be renegotiated,” Gazidis told BBC Sport.

So what does all of this mean for Arsenal fans? Could these comments be the fruits of years of Arsene Wenger asking for fans to trust him or does it mean that Arsenal fans are going to have to endure a few more years of disappointment and seeing their best players leave until the FA, the Premier League, UEFA and FIFA get their acts together?

“Very clearly, it will push the club forward and put us into the top five clubs in the world in revenue terms, which will be a fantastic position to be in. As our financial capability develops, as economic rationality enters the world of football, our ability to compete at salary levels for the very best talent will be enhanced,” he added.

The Fair Play initiative will restrict any side from competing in the Champions League or Europa League if their losses exceed their gains. It is not a bad idea but until a second look is taken, the biggest spending clubs will simply negotiate the best sponsorship deals for their grounds, shorts and other products as a way of instantly bringing in hundreds of millions of pounds in revenue.

Arsenal fans are paying more than they ever have done to watch their side play so these comments could well frustrate a few but the message is loud and clear; keep the faith and you will be rewarded.

So what do you think? Are you feeling positive?

image: © michael hilton

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