- Oct 11, 2004
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These are all key to the points I was making in my original post. When Enic first came to the club the goals of the fans and Enic were the same. Now whilst obviously both the fans and the club would still love CL football, from a financial point of view, the CL doesn't quite hold the same draw it once did for Enic. I think the key reason Levy sacked Jol was becasue he didn't believe he could get them in the CL with the clubs current recrutiment policy. Jol himself has since said in an interview that he told Levy it was possible but they'd need to spend more money. Comolli seems to have comvince him that the squad was good enough and that with a change of coach, then they could achieve their golas. However, Ramos has come in and vindicated Jol. He needs to spend a lot of money and not just on young players who can sustain their value. The trouble is that when you buy a couple of Woodgate's you end up spending say £15 million you aren't likley to see a return on. Now the issue with this is that last year Arsenals CL revenue was only about £9 million more than we got from the UEFA Cup. So where is the incentive for Enic to invest in that way?
true, but if that turned into a sustainable source of an extra £9m a season then it becomes important, especially since we won't be spending huge amounts every season like we are now as we build a team.
furthermore, i think you have overlooked the other aspect of increased exposure to developing markets through the CL and other such revenue.
clearly if united can get away with spending up to £40-50m a season on new players then it must be worth it and the evidence doesn't seem to point in your favour otherwise we wouldn't be spending the large amounts that we spent both last season and next season, if by all accounts the itk we've been hearing lately is at all true.