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Chairman defends Arsene Wenger

Arsenal chairman Peter Hill-Wood admitted Tuesday that his club "can't compete" in the transfer market with its Barclays Premier League top-four rivals.

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no_more_heroes3742d ago

Eventually we'll be able to compete once we clear the stadium debt. Then we'd have absolutely, literally no debt whatsoever. Every pence made from all sources will be profit.

Only then we'll see just how greedy our board members really are. For now, they can hide behind this "stadium debt" excuse.