Arsenal could challenge for every club honour available if a rumoured takeover bid by a Middle East Consortium goes through.
SunSport announced yesterday (Sunday) that Stan Kroenke could be offered £830 million for his majority share in the club, and with Arsenal looking increasingly unlikely to make the top four following their 2-1 away defeat to Tottenham Hotspur, the bid will certainly be more appealing.
Despite their lack of success in the trophy department over the last eight years, Arsenal are a big club and their consistent ability to maintain a champions league spot in each of those seasons has guaranteed they keep this title.
Yet behind the scenes, Arsenal are in a very healthy position. A reported pre-tax profit of £17.4 million for the half year ending November 2012 has shown a clear indication that they have balanced the books since their move to the Emirates Stadium in 2006.
On top of a state of the art 60,000-seater stadium, Arsenal also have fantastic training and youth facilities to match any of the world’s top clubs.
Arsenal have also repaid the money borrowed to develop Highbury square into over 300 properties and saw significant profits in 2010 when the majority of the flats were privately sold.
Top range facilities, financially sound and continually well supported, Arsenal already have the potential to return into the elite of the footballing world, yet their lack of investment on the pitch has always been considered a hindrance.
This is where the Middle East consortium could change Arsenal’s fortunes, and with previous examples of investment from the same region in Manchester City and Paris Saint Germaine showing great success in recent years, fans will have plenty to look forward to.
Yet as mentioned earlier, Arsenal already have the structure to be an elite club, something that Manchester City lacked, particularly in terms of Champions League qualification, before their takeover by Sheik Mansour in 2008.
This would enable Arsenal to quickly delve into the top ranges of the transfer market should the takeover go ahead, and would no doubt improve Arsenal’s chances of silverware next season.
One key hitch may come if Arsenal don’t qualify for the Champions League next season, however money talks in football and Robinho’s £32million move to Manchester City, who had qualified for the UEFA Cup in the previous season, certainly shows some precedent.
At the moment, the prospect of a takeover remains speculation but if the bid does go ahead, Arsenal fans can look forward to the potential of an exciting summer transfer window and the prospect of breaking their eight year trophy duck in 2014.
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