On Monday, Arsenal Football Club announced a pre-tax profit of £17.8 million for the first half of its 2012-13 fiscal year—an amount that added to more than £120 million in cash reserves.
In a statement intended for the club’s fans, chairman Peter Hill-Wood reiterated his commitment to a strong financial position but added that “whilst we have our sights set on a 16th straight season in the Champions League, our aims are higher; our ambition is to win trophies.”
Then, this line: “Let me be quite clear that our intention is to keep our best players and recruit new talent to make us stronger.”
Really? Because recent history would suggest the preferred approach at Arsenal is precisely the opposite. In fact, you could argue that a team comprised of players manager Arsene Wenger has sold since he last lifted a trophy would be considerably better than his present squad.
The following slides reveal what such a team would look like, and the final slide includes some substitute options and the amount of money Wenger brought in by moving these players on. (Hint: it’s not nearly as much as you think.)
Feel free to leave your comments in the section below as you browse through the Arsenal Sold-Since-2005 XI.