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Arsenal chief executive Ivan Gazidis believes the club will now be competitive in the Premier League.
With the new TV right deal set to kick off this season, the Premier League teams have been offered a level playing ground financially and Gazidis believes clubs like City who have wealthy owners can no longer bully others in the transfer market.
“The big clubs can’t financially bully the smaller clubs in the way they used to, so I think a lot of the differentiators between clubs become more subtle now,” said Gazidis in an exclusive interview with ESPN.
“It’s how well you can identify talent. It’s how well you can develop talent. It’s how strong your club philosophy is. It’s how together you are as a football club, what your support services are like in the medical field, fitness, analytics, psychology. All of these things become differentiators.”
Gazidis added that the club’s philosophy leaves us in a position to take advantage of the new financial situation in the league. The Gunners have been criticized by fans for its approach in the summer transfer window but Gazidis believes the club is doing the right thing.
“This approach, for us, gives us a very, very powerful balance because it’s not just about spending money but about how you spend your money and doing it wisely,” said Gazidis. “It’s about having a strong core philosophy and values within the club that players buy into and our fans can be proud of.
“These are all things that lead to success, and when you look at Arsenal over the last four or five years, there’s no question that the squad has been progressing in strength. We’ve got a squad now that we believe is capable of competing to win the premier league. We came in second last year, which was disappointing. But we’re on the right track.”
He added: “We’re making progress in what is a fiercely competitive world, against competitors that have the capability to spend far more money than we do. We’re doing it by being very, very disciplined spending money where we believe it makes a difference, but also giving young players a chance and believing in ourselves and our values.”
To the delight of the fans, Arsenal have taken a different approach this summer, the club have already spent £33m on Granit Xhaka and Wenger is expected to spend more this summer.