My commitment to Arsenal ensured bank loans for stadium: Wenger

Image
IANS London
Last Updated : Apr 30 2016 | 5:03 PM IST

Arsenal manager Arsene Wenger has said his commitment to the club helped ensure the bank loans which were used to build the Emirates Stadium.

Arsenal fans are reportedly set to stage a protest this weekend after a disappointing season where Arsenal saw their title hopes fade away.

"When we built the stadium the banks demanded that I signed for five years," the 66-year-old Frenchman was quoted as saying by the BBC on Friday.

"Do you want me to say how many clubs I turned down during that period?"

The construction of the 390 million pound stadium began in 2004 -- when Arsenal won their last English Premier League title -- and ended in 2006.

"The banks wanted the technical consistency to guarantee that we have a chance to pay them back," he said.

Wenger also claimed that people who are presently criticizing him for not winning the title in the last 12 years have gone too far.

"I did commit and I stayed, and under very difficult circumstances," he said.

"So for me to come back and, on top of that, (critics) reproach me for not having won the championship during that period, it is a bit overboard."

--IANS

dd/ajb/bg

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 30 2016 | 4:50 PM IST

Next Story