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2:33pm Sunday 6th July 2008
Arsene Wenger has admitted Arsenal will probably have to sell their star players every year for nearly another two decades.
The Arsenal boss is currently trying to persuade Emmanuel Adebayor - who is demanding a huge wage increase to stay - and Alexander Hleb not to follow Mathieu Flamini out of the club, but Wenger has revealed the ongoing cost of the move to the Emirates Stadium two years ago means, financially, his hands are tied.
"The strategy of the club is to sell every year and to buy less expensive players," he told the News of the World.
"We manage at Arsenal to maintain all our football ambitions - national and European - while having to free up, for 17 more years, an annual surplus of £24million to pay for our stadium," he added.
"The club's strategy is to favour the policy of youngsters ahead of stars and to count on the collective quality of our game."
Wenger is frustrated by the financial power players have over clubs.
"If I had the power to change anything basic in football, it would be the transfer system which makes mercenaries of players," he continued
"If they are bad ones, they stay, and if they are good, they think only of leaving.
"I have fought for them to earn a very good living, but I impose respect for their contract upon them."
HEREFORDSHIRE Council froze Icelandic banks out of its investment portfolio just before the credit crunch sent a chill through several neighbouring authorities.
COOKING left unattended started a kitchen fire in sheltered housing in Ledbury yesterday.
JACK Ward’s shots are currently the toast of Ross Juniors Football Club – five months after he quit playing for the team.
PUMPKIN trails and spooky goings on are on offer at Goodrich castle this Halloween.
FOR the past four years a Hereford house has been turned into a Christmas attraction with a blow-up Father Christmas and Beauty and the Beast among its star turns.
Herefordshire Council is already on course to go £2 million over budget in the coming financial year, according to treasury projections
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