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Ivan Gazidis Believes Arsène Wenger Is Key to Prolonged Success
The Daily Telegraph reports that Ivan Gazidis has good reason to feel optimistic. Off the pitch Arsenal has just posted half-yearly profits of £35.2 million, and on it they have moved to within three points of Chelsea at the top of the Premier League.
The chief executive and his directors are now hoping that Arsène Wenger, whose trophy haul makes him the club's most decorated manager will surpass even Sir Alex Ferguson in the age at which he manages the club.
Wenger turned 60 this season but the directors hope that he will emulate or even surpass Ferguson who, at 68, is still going strong.
The CEO speaking at a press conference said:"I think it is very difficult to encapsulate in any succinct way what Arsène Wenger has done for this club."
"His discipline and his vision are why we are in a new stadium and why we are redefining the way the game can be played. He has created a young squad that has a tremendous future without having the resources that some other teams have.
"Those achievements are down to Arsène's sense of responsibility not to himself but to the club. When he interviewed for the job, Danny Fiszman asked him what are your ambitions for the club? Arsène said: 'That when I leave, it will be in a better state than when I arrived.'
"I think Arsène has accomplished that but I also think his legacy is not written yet. There's no diminishment in his passion, competitive edge or ambition. Arsène's work is not finished."
Of Wenger's contract, which expires next year, Gazidis said: "It's very low key and it will get done at the right time."
The Telegraph goes on to say: As well as Wenger, the grand vision will ultimately depend upon keeping the current squad of players together, a priority which has involved diverting resources to 17 contract extensions since the end of last season.
"We have probably the best club stadium in the world and the youngest squad in the entire Premier League which is competing to win the league this year – that would be unprecedented for a team this age," said Gazidis.
Wenger is helping Arsenal write the latest chapter in the club's illustrious history.
Gazidis is acutely aware of Arsenal's past but, he knows that his job as chief executive is to successfully transport the club's history into the present day.
"It's such an unusual and interesting combination of things," he says. "It's a deeply traditional club but has always had this tradition of innovation. When you think about the Marble Halls of Arsenal and the Bank of England club you might think of a stuffy place with cobwebs in the corners.
"You probably don't imagine a French manager with a radically different vision for how the game should be played with a spaceship stadium in the middle of London."
Also from the same paper: The club have announced a drop of £130 million in an overall debt figure that now relates almost exclusively to the loan on building the Emirates.
With many of their competitors having to deal with rather less healthy debt or huge operating losses that depend on a wealthy billionaire benefactor, the Arsenal business model remains arguably the most impressive across English football.
The chief Exec goes on to say "We are not in competition with Real Madrid or Man City to spend £80 million on a player, that is not sustainable for any club and certainly not for us. There is no such thing as a free lunch and I think that people who think that there is are naïve or thinking in a very short-term way. I think all clubs are trying to get towards a self-sustainable model. We are in the fortunate position of already being there."
However, success in football is largely measured by silverware and, the Gunners have not added to their trophy cabinet since landing the 2005 FA Cup.
"It is something we are very aware of," says Gazidis. "The ultimate aspiration is not to produce a wonderful business model, the reason we adhere to those principles is so that we can preserve the values of the club and create the foundation on which we can deliver success on the pitch."
With all this in mind, there remains less certainty regarding the club's future ownership. Stan Kroenke, the American sports team owner, is just 17 shares short of the 30 per cent threshold that would require a full takeover bid.
"Shareholders are likely to be people that subscribe to our model and Stan Kroenke obviously does," says Gazidis. "He has been a significant contributor to the board. He is a sports fan who happens to have enough money to invest in sports teams who doesn't have a massive ego.
"He believes that the manager should be in charge of what happens on the pitch and his role is to support the manager - not to make a big fuss about his involvement."
Finally the CEO added: "I think a football club is a community of shared values. Our ultimate objective has to be to win trophies – it's critical – but equally critical to us is to do it in a way that will make our fans and community proud."
By Terry Dennis
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On this day in 1980
1980 - Arsenal midfielder Graham Rix made his England debut in the 4-0 World Cup qualifier win over Norway at Wembley. He went on to collect 17 caps.
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