By Richard Clarke

As an economics graduate, Arsène Wenger will understand the intricacies of Arsenal's balance-sheet more than most. But he is more concerned about balancing his back four.

On Friday morning, Arsenal Holdings plc announced pre-tax half-yearly profits of £20 million. The Frenchman says he respects the fiscal side of the Club and certainly he is aware of any threats to its financial future.

However the glamour of trophies in the cabinet will always supersede the clamour for cash in the bank.

"At the end of the day I feel that [profits] are an internal matter," he said. 

"People pay a big price to watch a football game and they don't care how much money you make or how much money you lose. It is down to you to do the job  of making this Club survive and to give the fans what they want when they come to a football game -  enjoyment. That is our responsibility.

"So we give them enjoyment while respecting the problem of keeping the club in good health financially.

"It's a task of every manager to do well with the resources available and that's what I've always tried to do in every club I work.

"I was never in a club with any deficit. I spend what is available and not more. If it's not enough, it's not enough. But that's the basics for every manager for me at the start. You cannot put the life of a club in trouble or in danger because you want to buy players that you cannot afford."

Copyright 2017 The Arsenal Football Club plc. Permission to use quotations from this article is granted subject to appropriate credit being given to as the source
Richard Clarke 22 Feb 2008