VCC wrote:I have not made my point clear enough
At the time the move was a sound one!
The method of selling our best players who had put us on the highest european stage was not sound.
If we had backed keeping those players and winning the CL and becoming dominant domestically becoming the club every top player wanted to play at creating revenue through being winners. Instead we competed
I'm not sure what you exactly mean?
We were still competing. If Wenger had the financial backing, we would have won the League in 07/08. We'd have reached the UCL Final again in 2009. Who knows what would have happened in 2011.
The Emirates was needed. Back then, the biggest source of revenue was the footfalls in the stadium. With the super owners, that changed. With the influx of TV money, it meant that stadium revenue wasn't going to be as important anymore.
There's a saying that a one-legged man in an ass-kicking contest is no good. That was Arsenal from 06-15.
Hindsight: the stadium move actualized at the worst possible period. If we had retained our world class players and gone for the UCL instead of compromising our finances, we would have been better off. But that's hindsight. It would also have been short-sighted.
Eventually, the stadium move will help us and has been helping us. We simply haven't had ambitious owners to capitalize on the stadium, the Arsenal brand, and haven't been in tune with the way modern football has shaped up.