Ivan Gazidis has rejected the offer of cash for transfers from investor Alisher Usmanov. It is a significant show of belief in the strength of Arsenal’s business model and a put down for Usmanov.
It is a very thinly veiled attempt at winning more favour with the fans and putting pressure on the club to buy more players ala Real Madrid. Some fans will be annoyed at the way the board have just rejected this offer, but if it had been accepted then it would have set a dangerous precedent of involvement on Usmanov’s part.
The best thing the club can do is stick to it’s sustainable model of business. The cash thrown about by the likes of Real Madrid is unrealistic and in the long term it gets you nowhere, building a team with character and understanding is more important.
The pressure on Arsenal to win trophies will always be there, and until Arsene wins one with this generation there will always be critics of club policy. The potential is there, as it has been for several years, Arsenal fans just need to learn the art of patience.