Arsenal set to break their transfer record on Rodrigo Palacio

Source:The Sun

I think this guy is to directly replace Henry as main Arsenal skipper.He even will wear shirt No.14 if he come to Arsenal.

Actually I didn't know much about this player but since it is mentioned that he's an Argentinian player,I have a quite bad feeling about him because Argentina just lost to Brazil 4-0 in Copa America recently.But I know I can't judge him like that.Forget it.

But I have concerns regarding Arsenal's financial ,if Gunners have successfully signed him then Arsenal will be even burdened by the purchase of player.

But just now I came across a interview with our chairman,Peter Hill-Wood at Arsenal official website

And of course I would like to quote some of his answers here.

In terms of the money Emirates Stadium, on the outside at least, is perceived to be a financial drain which the Club is still paying off.

It's actually the reverse. Relocating to Emirates, as mentioned, has increased the income of the Club. Not only from the number of seats that we've got - 60,000 rather than 38,000 - but also the overall facilities we provide. We have conference and banqueting facilities which are used on non-matchdays and we now have a more structured approach to stadium tours whereby more than 75,000 people have visited the stadium this year. Hopefully people think they're getting good value for money. The stadium has not held Arsenal back at all in terms of bringing in players. It's actually given us the opportunity to compete with the biggest clubs in the world. If we had stayed at Highbury that would have limited our resources and over the long term affected our ability to financially compete with the top sides.

As more and more is paid off the debt do you believe Arsenal's ability to compete will increase further still?

It's going to generate a lot more money. Yes we have to pay the debt off, but don't forget the debt is a 25-year fixed-rate bond, so it's very manageable and that means the stadium can have nothing but a positive impact on developing the football team. That is what we are here for after all.

I'm glad to hear that.Emirates Stadium had tripled Gunners income but I definitely want Arsenal to further expand their stadium.Our stadium's capacity is still less than Old Trafford which can fit almost 80,000 people,with some expansion.

And I even more happy to hear that Arsenal's new stadium debt is 25 year fixed-rate bond,which Arsenal did not being too burdened by the debts.But 25 year is quite a long time to go.I didn't know what will happen to Arsenal in that time.

What were your highlights of the first season at Emirates Stadium?

The highlights for me were just attending the matches with 60,000 people there, which we had for every match. The atmosphere I thought was tremendous. People were nervous that we wouldn't retain the atmosphere we had at Highbury but I think it's been, if anything, better.

I'm also surprised when Arsenal fans could fulfill the new Stadium in a very short time.I noticed Emirates Stadium were full in every Arsenal's game there.I still remember the Sir Alex Ferguson mentioned that Emirates Stadium will nor be full.All Arsenal fans countered his statement very quick and well.

But while Arsenal new stadium can give Arsenal a new spell,Gunners must now strengthen their play and make sure their home game will improve compared to last season.

tag: Argentina, Arsenal, transfer, record, debt, financial, Emirates

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