Critics accused Arsenal of ‘panic-buying’ in the wake of a disappointing start to their Premier League campaign but Gazidis rejected that theory when he spoke to reporters at the Sport Industry Breakfast Club on Tuesday.
“I understand the perception that people think we were panic-buying but that is not what happened in the Club,” he said. “Arsène is very strong at keeping discipline and finding where the value is.
“I think we have assembled a squad with a blend of youth and experience. Certainly it contains the targets that Arsène wanted. I have seen a lot of stories about targets we have missed out on - most of them are a little bit misguided from what was actually happening inside the Club.
“We have kept some powder dry and I think we have done that deliberately. We have looked at the market, looked at the players who were available and who we really wanted and whether we were able to achieve that over the summer.
“We as a Club are operating in a self-sustaining way and are concerned about value. It may frustrate everybody but we have to be.”
- 'We kept our powder dry in transfer market', Arsenal.com, September 20, 2011.
3. Lord Oakeshott has never been a fan of Nick Clegg. Like his old friend Vince Cable, he is a former Labour Party member who joined the SDP.
He would have felt a little more comfortable if the electoral arithmetic had enabled the Liberal Democrats to form a coalition with Labour.
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