idumu
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- Jun 5, 2009
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ARSENAL do not have enough cash to finance Arsene Wenger's Premier League dream, claims their second-biggest shareholder.
Russian Alisher Usmanov failed in an attempt to talk the club into a rights issue to generate funds for a transfer war chest for boss Wenger.
In a statement his holding company said: "The board are confident they have adequate resources to strengthen the squad. We do not share their view."
Arsenal's only signing this summer has been Ajax defender Thomas Vermaelen for £10million
Russian Alisher Usmanov failed in an attempt to talk the club into a rights issue to generate funds for a transfer war chest for boss Wenger.
In a statement his holding company said: "The board are confident they have adequate resources to strengthen the squad. We do not share their view."
Arsenal's only signing this summer has been Ajax defender Thomas Vermaelen for £10million