Wenger: I won't waste cash

Arsenal manager Arsene Wenger has vowed that the club will spend their new £150million sponsorship cash from Emirates "in the right way".

The Gunners head to Everton on Wednesday looking to close up on the top four of the Barclays Premier League. Despite not having won a trophy since the 2005 FA Cup, the Arsenal brand remains strong and long-term partners Emirates Airlines last week agreed a lucrative sponsorship extension which will earn the club around £30million a year.

Some of that revenue has been frontloaded to come in the current financial year and so increase Wenger's summer transfer budget, which has already been boosted by the £24million sale of Robin van Persie. "If we get that amount of money from sponsors it is not charity, it is because the sponsors feel that we act in the right way and with the right values. They reward that," Wenger said.

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