Now that being said, Arsenal are a big club and should have won SOMETHING in the last 7 years, and I don't always agree with Arsene's philosophy of usually only buying pre pubescent teens
but it has paid tremendous dividends in the business sense. Just because you're a big club doesn't give you any entitlement to win a trophy, but they need to reinvest the money in intelligent buys and good players, regardless of nationality bias. Santi is a good example of that, and if I'm a big club in good financial status I'd be raiding Spain of a lot of its young talent b/c half those teams are underwater, even the CL clubs aside from Real and Barca (who are not even in a good financial state tbh). Sports is a business, and honestly a lot of the owners aren't in it to win as cynical as that is...I hope Ursmanov gets more say and gets the board to spend more b/c they can afford to...Cesc wanted to go back to Barca (he was great for us but eventually it was gonna happen, City offered Clichy money they simply weren't willing to match, Nasri as well, and Song is going to be a benchwarmer (that kind of tells you where his head is, although he';; get trophies since he's a part of the team there), and honestly Walcott is a good player but he's not the second coming, he's extremely one dimensional and can be taken out of games completely....and that money has been used to acquire new talent (which we can debate whether or not it'll work out as I'm realllly skeptical of Giroud and Podolski to a degree). They're probably not going to compete for a titile this yr either if we're being real, but that's just where we are at the moment.