Wenger admits he does not like spending Arsenal's money

Wenger admits he has been cautious in the transfer market
Wenger admits he has been cautious in the transfer market

Arsenal manager Arsene Wenger has admitted he could have enjoyed more success as Gunners boss if he had given a green light to more spending in the transfer market.

In a revealing interview with L'Equipe, Wenger admitted he treats Arsenal's money as his own and that attitude has halted his transfer plans time and again in recent years.

Arsenal fans have criticised Wenger's lack of ambition in signing big name players over the last few years and now he has confirmed that has been a decision made to protect the club's financial stability.

“I’ll give myself merit for one thing: I’ve always treated Arsenal as if it belonged to me," he states.

“I have sometimes been criticised for it because I am not enough of a spender, not carefree enough.

“I credit myself for having had the courage to apply my ideas and fight for them. Aside from that, I can understand why people might not agree.

“My great pride will be to be able to say the day that I leave, that I am leaving behind a good team, a healthy situation and a club capable of performing in the future.

“I could have said to myself: 'I am here for four or five years, we win everything' and then I leave and leave the club on the verge of bankruptcy. For me, consistency at the highest level is the true sign of great clubs.

"There is only one way in which one can live their life - to conform to the values that you feel are important. If I did not respect them, I would be unhappy.

"Whatever the case, I have always been a man who was committed to the cause, with my good and bad sides.”

Wenger also hit out at the inflated expectations that dominate the modern game, as he suggested the negative and often hysterical reaction to Arsenal defeats from his critics is one of of the most annoying aspects of his job.

“Expectations have become much more important," he adds. 

"The philosophical definition of happiness is when what you want and what you have align. And what you want changes as soon as you have it — always more, always better, to the point where it becomes difficult to satisfy.

"An Arsenal fan, when you finish fourth, will tell you, 'Hey, for 20 years now we have been in the top four. We want to win the league!'

"They don’t care that Manchester City or Chelsea have invested €300 or €400 million. They just want to beat them."