Skip to main content

'Long term' Arsenal versus 'short term' Chelsea

Janan Ganesh is a self-confessed Arsenal season ticket holder.   He uses his column in the Weekend FT ('Citizen of Nowhere') to make a comparison between 'short term' Chelsea and 'long term' Arsenal.

I should add that the comparison is not entirely flattering to Arsenal.  As Ganesh admits, 'The parable of Chelsea is that short-termism can work ... long-termism at its worst amounts to rigidity in the face of a changeable future.'

In fact Ganesh uses the Pink 'Un to have a go at his own club, not that there is anything unusual about fans slagging off their own team.  He notes, 'As well as keeping a coach for 712 years, the club husbanded a cash pile that became reputedly the largest in world football.'

Ganesh then goes on to accuse the Gooners of 'hyperopia'.  I must admit I didn't know what this meant, but in the interests of improving my word power, I looked it up.  Apparently it's a defect of vision in which long range vision is clear but short range is blurred.

In any event, 'Arsenal kept failed players on their books, trusting them to come good, as an abandoned dog awaits its master.'

In general terms I think there is too much short termism in football and that managerial turnover is too high.  Chelsea have spent around £120m over the years replacing managers, but one could argue that it has worked.  As my builder (a Chelsea fan) reminds me, it's Abramovich's money.

Meanwhile, neither team is where they would like to be, but that could change in this unusual season.

Comments

Popular posts from this blog

Wolves get raw deal from FFP

  I used to see a lifelong Wolves fan for lunch once a month.   He was approaching ninety, but still went to games.   Sadly he passed away the other week. As football finance guru Kieran Maguire has noted, Wolves continue to be constrained by financial fair play rules.  Radio 4 this morning described them as this year's 'crisis club' and the pessimists have certainly been piling in. Martin Samuel wrote sympathetically in the Sunday Times yesterday, saying that the Premier League drives talent away with regulatory red tape: 'Why could Al-Hilal sign Neves? Because Wolves needed the money. And why did Wolves need the money? Because the club had to comply with an artificial construct known as financial fair play. So Wolves are going skint, yes? No. There is no suggestion that Wolves are in financial trouble, only that they are failing to meet the rigours of FFP. Wolves’ owners appear to have the money to run the club, and invest in the club, and in fact came up with a pow

Gold standard ground boosts Tottenham's income

The gold standard in European football grounds is the Tottenham Hotspur stadium in north London, a £1bn construction project completed in 2019. Its impact on the club’s finances has become increasingly clear as the effects of the pandemic have faded. Previously, the average fan would spend less than £2 inside the ground on a typical match day, but now that figure is about £16, thanks to new facilities including the longest bar in Europe and an on-site microbrewery. Capacity has gone up from 36,000 at the club’s previous home of White Hart Lane to 62,000.  The new stadium — built on land adjacent to White Hart Lane — has opened the door to a broad range of other events that have helped to push commercial income up from €117mn in 2018 to €215mn in 2022. Last year, Tottenham hosted US singer Beyoncé for five nights on her global Renaissance tour, two NFL matches, as well as rugby games and heavyweight boxing bouts.  Money brought in from football has gone up too. Match day income is

Charlton takeover approved

The long awaited takeover of Charlton Athletic by SE7 Partners from Thomas Sandgaard has been approved:  https://londonnewsonline.co.uk/se7-partners-obtain-efl-approval-for-charlton-athletic-takeover/ Charlton have had unhappy experiences with owners for over a decade, so how this works out will remain to be seen.  There is certainly potential there, but will it be realised? This interview with Charlie Methven gives detail not available elsewhere:  https://thecharltondossier.com/charlie-methven-on-the-record/