{"id":1097900,"date":"2019-07-13T17:33:31","date_gmt":"2019-07-13T16:33:31","guid":{"rendered":"https:\/\/www.squawka.com\/en\/?p=1097900"},"modified":"2019-07-13T17:33:31","modified_gmt":"2019-07-13T16:33:31","slug":"former-arsenal-transfer-chief-club-hierarchy-had-to-spend-money-like-it-was-their-own","status":"publish","type":"news","link":"https:\/\/www.squawka.com\/en\/news\/former-arsenal-transfer-chief-club-hierarchy-had-to-spend-money-like-it-was-their-own\/","title":{"rendered":"Former Arsenal transfer chief: Club hierarchy had to spend money \u2018like it was their own\u2019"},"content":{"rendered":"<p><strong>Former Arsenal transfer negotiator Dick Law has admitted the move to the Emirates made it exceptionally hard to sign the players to take the club forward.<\/strong><\/p>\n<p>The club struggled to compete financially following the move to the new stadium, meaning Wenger and his recruitment team had to spend money \u2018like it was their own\u2019.<\/p>\n<h2><strong>Dick Law\u2019s time at Arsenal: Five key things to know\u2026<br \/>\n<\/strong><\/h2>\n<ol>\n<li>Law\u2019s first involvement with the club was to help sign Gilberto Silva.<\/li>\n<li>He became the leader of a project to bring players in from South America.<\/li>\n<li>Law would become a key figure in all of Arsenal\u2019s recruitment.<\/li>\n<li>After the move to the Emirates, it became hard to compete financially with rivals.<\/li>\n<li>Law played a key role in the getting Pierre Emerick-Aubameyang deal over the line.<\/li>\n<\/ol>\n<p>https:\/\/audioboom.com\/posts\/7311398-alexander-arnold-s-perfect-mentor-the-goat-right-back-is-available-for-free<\/p>\n<p>Arsenal fans have often been left frustrated by their lack of transfer activity over the past decade, especially compared to their big-six rivals.<\/p>\n<p>However, Law revealed that this sentiment was also felt within the recruitment team but, looking at the bigger picture, every deal was struck with the best long-term interests of the club at heart.<\/p>\n<div id=\"attachment_1097686\" style=\"width: 1210px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.squawka.com\/en\/features\/dani-alves-transfer-barcelona-mls-man-city\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1097686\" class=\"wp-image-1097686 size-full\" src=\"https:\/\/media.squawka.com\/images\/en\/2019\/07\/10181719\/Dani-DRWSS.jpg\" alt=\"\" width=\"1200\" height=\"675\" srcset=\"https:\/\/media.squawka.com\/images\/en\/2019\/07\/10181719\/Dani-DRWSS.jpg 1200w, https:\/\/media.squawka.com\/images\/en\/2019\/07\/10181719\/Dani-DRWSS-300x170.jpg 300w, https:\/\/media.squawka.com\/images\/en\/2019\/07\/10181719\/Dani-DRWSS-768x432.jpg 768w, https:\/\/media.squawka.com\/images\/en\/2019\/07\/10181719\/Dani-DRWSS-1024x576.jpg 1024w, https:\/\/media.squawka.com\/images\/en\/2019\/07\/10181719\/Dani-DRWSS-66x37.jpg 66w, https:\/\/media.squawka.com\/images\/en\/2019\/07\/10181719\/Dani-DRWSS-620x350.jpg 620w, https:\/\/media.squawka.com\/images\/en\/2019\/07\/10181719\/Dani-DRWSS-940x530.jpg 940w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><p id=\"caption-attachment-1097686\" class=\"wp-caption-text\">READ MORE: <a href=\"https:\/\/www.squawka.com\/en\/features\/dani-alves-transfer-barcelona-mls-man-city\" target=\"_blank\" rel=\"noopener\">Dream, Realistic, Wildcard: Where next for football\u2019s most successful player in history?<\/a><\/p><\/div>\n<p>Law admitted the club could have flexed its financial muscle a bit more rigorously but it would have been a risk and Arsenal, unlike their rivals, couldn\u2019t afford expensive mistakes.<\/p>\n<p>\u201cWe had the financial muscle, but the risk-reward calculation wasn\u2019t clear,\u201d he told <a href=\"https:\/\/www.goal.com\/en\/news\/we-wanted-hazard-deal-ex-arsenal-transfer-fixer-law-reveals\/1ru4cuhccwyef1xr2r8fjkpaan\" target=\"_blank\" rel=\"noopener\">Goal<\/a>. \u201cSpending a lot of money on a player that didn\u2019t work out would have really put the club in some financial straits.<\/p>\n<p>\u201cDid we miss out on talents? Certainly. I remember sitting in meetings with Steve, Ivan and Arsene and gnashing our teeth over Thibaut Courtois. We knew he was good.<\/p>\n<p>\u201cEden Hazard as well, we wanted to do that deal. But there was a sense of responsibility and running the club prudently, all the time knowing that every \u00a31 we spent we had to act as if it was our money. It was very, very difficult.\u201d<\/p>\n<p><iframe loading=\"lazy\" title=\"What Should Arsenal Do Next? Squawka Documentary\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/PtQrlhxwj78?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Subscribe to <a href=\"http:\/\/sqwk.at\/Squawka-Sub\" target=\"_blank\" rel=\"noopener\">Squawka\u2019s Youtube channel here<\/a>.<\/strong><\/p>\n<h2>Changing times disadvantaged Gunners<\/h2>\n<p>When Roman Abramovich took charge of Chelsea in 2003, it changed the financial complexion of the top flight. Big money deal became more frequent and the Gunners struggled to keep pace.<\/p>\n<p>The move from Highbury to the Emirates was meant to give the club more financial clout in the transfer market but, due to the large interest payment on the new stadium, the club had to be prudent while their rivals were spending big.<\/p>\n<p>\u201cIt was very difficult,\u201d admits Law. \u201cOur closest competitor other than Chelsea was Manchester United and they had enough free cash that they could afford to make mistakes.<\/p>\n<p>\u201cWe always felt that we didn\u2019t have the option to make a mistake because a \u00a310m-\u00a320m mistake would be a serious one for the club.<\/p>\n<p>\u201cWhere United would take risks on players, we just didn\u2019t have that luxury. We didn\u2019t think it was prudent to take those risks.\u201d<\/p>\n<p>The Gunners are yet to make a serious move in the transfer market this summer as Unai Emery prepares for the new campaign.<\/p>\n<p>The Gunners face Newcastle United at St James\u2019 Park on 11 August as they kick-start their 2019-20 Premier League season.<br \/>\n<script>(function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(d.getElementById(id))return;js=d.createElement(s);js.id=id;js.src='https:\/\/embed.playbuzz.com\/sdk.js';fjs.parentNode.insertBefore(js,fjs);}(document,'script','playbuzz-sdk'));<\/script><\/p>\n<div class=\"playbuzz\" data-id=\"66c974de-b77b-4864-9922-f0029ea5359e\" data-show-info=\"false\" data-show-share=\"false\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former Arsenal transfer negotiator Dick Law has admitted the move to the Emirates made it exceptionally hard to sign the players to take the club forward. The club struggled to compete financially following the move to the new stadium, meaning Wenger and his recruitment team had to spend money \u2018like it was their own\u2019. Dick&#8230;<\/p>\n","protected":false},"author":357,"featured_media":1097901,"parent":0,"menu_order":6068,"template":"","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"","footnotes":""},"tags":[],"news-category":[],"class_list":["post-1097900","news","type-news","status-publish","has-post-thumbnail","hentry"],"acf":{"external_featured_image_url":"","hide_featured_image_pattern":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Former Arsenal transfer chief: Club hierarchy had to spend money \u2018like it was their own\u2019 | Squawka | EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.squawka.com\/en\/news\/former-arsenal-transfer-chief-club-hierarchy-had-to-spend-money-like-it-was-their-own\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former Arsenal transfer chief: Club hierarchy had to spend money \u2018like it was their own\u2019\" \/>\n<meta property=\"og:description\" content=\"Former Arsenal transfer negotiator Dick Law has admitted the move to the Emirates made it exceptionally hard to sign the players to take the club forward. The club struggled to compete financially following the move to the new stadium, meaning Wenger and his recruitment team had to spend money \u2018like it was their own\u2019. 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