Arsene Wenger new contract would be 'inappropriate'

Arsene Wenger should not be offered a new contract as boss of the club, the Arsenal Supporters' Trust (AST) said today.

According to business blogger The Swiss Ramble, the Gunners have a cash balance of £154 million, which is thought to be almost as much cash as the rest of the Premier League’s other 19 clubs combined (£181 million).

Arsenal manager Arsene Wenger. Credit: Nigel French/EMPICS Sport

In a statement, the AST said: "In recent weeks [chief executive] Ivan Gazidis has spoken of the club's intent to offer Arsene Wenger a new contract.

"The AST believes this is inappropriate...The fact that there is money available for squad-strengthening is not disputed. The AST's independent analysis suggests that the amount is somewhere between £70m-£100m.

"Arsenal supporters are dismayed by this continued lack of ambition most notably illustrated when the manager describes fourth place as like a trophy".

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