Arsene Wenger spoke at some length in an interview with the BBC prior to the FA Cup Final about how tough things were for him personally during the seasons that followed the move to The Emirates. He identified the period of time between 2006-2014 where he stated that if somebody asked him now to go through that period of ‘austerity’ at the club again he would turn the chance down. If you listen to the full interview you would certainly get the feeling that the amount of money he had made available to him during this period of time would have been on a far smaller scale than his competitors in The Premier League.
How do you get the best gauge of a club’s true financial potential? It is not clear enough for me to simply look at the transfer fees some clubs pay for their player purchases in any given season. The reason for this is that it doesn’t factor in who and for what they have sold in that same period of time.
I personally don’t feel even that looking into NET spending gives a total picture as this can differ massively from one season to the next. For example Spurs might sell Bale and Modric one summer then not spend much of the funds until the next transfer window opens. At other times clubs NET spend can go up or down and clearly fluctuates too much too quickly. The best route therefore to a Football Club’s true financial power must be in looking closely at the club’s wage bill each year. As this in general stays more constant than either of the above two options. Anyone paying close attention to the top clubs’ wage bills season after season will understand the close correlation between where you sit in the wage bill league and the actual league table itself.
It is quite uncanny how consistent this correlation is and therefore it must be looked at carefully to get a true reflection of how Arsenal are performing on the field of play over any extended period of time.
I took the time to reflect on the period of time that Arsene reflected on himself during that BBC interview 2006-2014 and came up with the following facts, figures and conclusions.
First up was the season of 2006/2007 and in all seasons I have included the final league standing for each side at the end of that line.
1. Chelsea - £132.8m Finished 2nd
2. Manchester Utd - £92.3m Finished 1st
3. Arsenal - £89.7m Finished 4th
4. Liverpool - £77.6m Finished 3rd
5. Newcastle Utd - £62.4m Finished 13th
So in the above 2006/2007 season Arsenal had the 3rd highest annual wage bill and finished the season in 4th place. This is therefore one place below what you might consider to be an average season.
2007/2008
1. Chelsea - £149m Finished 2nd
2. Manchester Utd - £121.1m Finished 1st
3. Arsenal - £101.3m Finished 3rd
4. Liverpool - £80m Finished 4th
5. Newcastle Utd - £74.6m Finished 12th
So in the above season Arsenal has the 3rd highest wage bill and finished in 3rd place. An average or par season you could say.
2008/2009
1. Chelsea - £149m Finished 3rd
2. Manchester Utd - £123m Finished 1st
3. Arsenal - £104m Finished 4th
4. Liverpool - £90.4m Finished 2nd
5. Manchester City - £82.6m Finished 10th
Arsenal had a similar season to two years ago here finishing one place lower than the wage budget would suggest as an average season. Worth noting that in three seasons so far since 2006 we are yet to experience a better than average performance.
2009/2010
1. Chelsea - £174m Finished 1st
2. Manchester City - £133m Finished 5th
3. Manchester Utd - £131m Finished 2nd
4. Liverpool - £121m Finished 7th
5. Arsenal - £110m Finished 3rd
Arsenal here outperformed the wage bill by two places having finished in 3rd place despite ‘only’ having the 5th highest wage bill in the league. The first above average result in four years.
2010/2011
1. Chelsea - £190m Finished 2nd
2. Manchester City - £174m Finished 3rd
3. Manchester Utd - £153m Finished 1st
4. Liverpool - £135m Finished 6th
5. Arsenal - £124m Finished 4th
Arsenal outperformed themselves for the 2nd season in a row finishing one place higher in the league than the wage bill would indicate they should.
2011/2012
1. Manchester City - £202m Finished 1st
2. Chelsea - £173m Finished 6th
3. Manchester Utd - £162m Finished 2nd
4. Arsenal - £143m Finished 3rd
5. Liverpool - £119m Finished 8th
Another season in which Arsenal finished one league position higher than what the wage bill would allow us to see as an average performance.
2012/2013
1. Manchester City - £233m Finished 2nd
2. Manchester Utd - £181m Finished 1st
3. Chelsea - £179m Finished 3rd
4. Arsenal - £154m Finished 4th
5. Liverpool - £132m Finished 7th
Par for the course performance in this season. 4th highest annual budget and 4th in the league table.
2013/2014
1. Manchester Utd - £215m Finished 7th
2. Manchester City - £205m Finished 1st
3. Chelsea - £192m Finished 3rd
4. Arsenal - £166m Finished 4th
5. Liverpool - £144m Finished 2nd
Boring Boring Arsenal! A second season in a row where we hit a par performance. 4th in money list and 4th in the league yet again.
2014/2015
1. Chelsea - £217m Finished 1st
2. Manchester City - £205m Finished 2nd
3. Manchester Utd - £203m Finished 4th
4. Arsenal - £192m Finished 3rd
5. Liverpool - £166m Finished 6th
Arsenal have a ‘successful’ season here managing to finish one place higher in the league than the wage bill would suggest as a par performance.
The ‘austerity’ seasons are now considered to be over at Arsenal Football Club. 2006-2014 was the timeframe Arsene himself alluded to in his most recent interview about his time at the club.
So let us analyse further his own performance ‘against the par’ throughout the above seasons before we move on to more recent times.
In a total of nine seasons from 2006/07 to 2014/15 Arsenal had an average wage bill position in The Premier League of 3.89.
In the same seasons we had an average league table position on the field of play of 3.56.
Out of the nine seasons we finished below our anticipated league position twice, performed bang on it a total of three times and outperformed it a total of four times. The biggest outperformance was only two league places which occurred just once in 2009/10 when we had the 5th highest budget and managed to finish that season in 3rd place on the field.
On each of the other three times we outperformed our budget this was just by the one solitary league position.