Arsenal’s chairman, Peter Hill-Wood has gone on to hit back at Alisher Usmanov, following the majority share holder criticizing the club and its operations in recent years.
Following Van Persie releasing a statement, which revealed that he wouldn’t be extending his stay with the club, Usmanov went on to release a statement of his own.
The share holder went on to hit out at the club and its business model in an open letter.
However, Hill-Wood had gone on to lash out at Usmanov’s claims and stated that he is only looking to seize the opportunity and destabilize the club, in order to become the primary major share holder at the club.
Hill-Wood is quoted to have said: "It was nice to make that money, but I was never involved in Arsenal for that reason.”
"I was involved because I have been brought up to love Arsenal and that is my only concern.”
"I do not know what he [Usmanov] is trying to do really, I don't think he is right."Hill-Wood also stressed that http://www.senore.com/Football-soccer/Arsenal-c38429 cannot go head-to-head financially with the likes of Manchester City and that is why the club must take care of its money.”
He continued: "We don't have the same oil wealth that [City's owner] Sheikh Mansour has. He is prepared to pay astronomical figures for players; we cannot pay that sort of money, and we can't compete."
So far, Arsenal remain to be one of the few teams that aren’t suffering from any debt related problems. However, with the team moving to the Emirates, they have been forced to let go of their top players time and time again.
The team has also failed to win a trophy in the last seven years, which can prove to be a major problem for the team.
Not only is this going to fail to convince the top players to join the team, but it is going to constantly leave room for some of the current squad members to leave, in order to win trophies.
Something at the club needs to be changed, in order to help them win big again, but for the time being it is quite unclear what the source of all the problems is.
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