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Arsenal CEO Vinai Venkatesham confirms Stan Kroenke’s ‘significant investment’ in summer transfer window, calls for ‘unity’ after nightmarish start to season in message to club staff


Arsenal’s nightmarish start to the season saw them come under huge criticism from their fans, and this led to club CEO Vinai Venkatesham sending a message asking for ‘unity’

The chef also backed the Gunners’ huge spending this summer, insisting that they followed a clear strategy and that it was all made possible by a “significant investment” from owner Stan Kroenke.

Kroenke is an unpopular figure among Arsenal fans but has supported the club financially this summer
AFP – Getty

Manager Mikel Arteta couldn’t have had a worse start to the season, which has seen his side sit deep in the Premier League after losing all three games so far without scoring a goal.

It is the worst start to the season for the North London team in 67 years.

And while the mood in the Emirates has been improved with their busy transfer window, which has seen them shell out nearly £ 150million on new hires, many are now wondering if England’s biggest spending spree this summer really improved their team.

The Evening Standard reports that they saw a message sent by Venkatesham late on Tuesday’s transfer deadline day.

And he reportedly told employees to “stay positive” and he is “confident that we can and will get out of the fight.”

The post read: “Of course, I’m writing this update against the backdrop of an extremely disappointing start to the season.

“I know how difficult it is for all of you, both supporters and employees, with criticism coming from all angles.

Arsenal CEO Vinai Venkatesham confirms Stan Kroenke’s ‘significant investment’ in summer transfer window, calls for ‘unity’ after nightmarish start to season in message to club staff
There is immense pressure on Mikel Arteta to change things at Arsenal
getty

“At times like this, it’s essential that we stay together and stay positive. We have a very important series of games to come after the international break and I have no doubts that we can and will fight.

“Our approach for this window has been framed by fully recognizing that we are not where we want to be on the pitch – finishing eighth last season, without European football for the first time in many years.

“This is way below the standards that each of us has, and of course our fans rightly demand of us, which is to compete for the biggest trophies in the game.

“While we would like to jump from where we are to where we want to be in an instant, we have to be realistic that the gap is too big to do so. As such, our business has this showcase focused on young people.

Arsenal CEO Vinai Venkatesham confirms Stan Kroenke’s ‘significant investment’ in summer transfer window, calls for ‘unity’ after nightmarish start to season in message to club staff
Ben White, 23, was Arsenal’s biggest signing this summer at £ 50million from Brighton
getty

“Our strategy is to fill our squad with some of the most exciting young talent in Europe, with players from our academy and beyond, who can grow and develop together under Mikel to take us where we want to go.

“While it doesn’t happen overnight, we can make positive progress and it gives us the best path to future success in a sustainable manner. “

While things on the pitch look dismal, club activity has been rather positive as they signed six players during the transfer window and also had a massive clearance.

Ben White, Martin Odegaard, Nuno Tavares, Aaron Ramsdale, Albert Sambi Lokonga and deadline day signing Takehiro Tomiyasu have all been brought in by Arteta.

Along with the departures, the Gunners became the biggest spenders over the summer as they had total net spend of just over £ 120million.

With nothing more to do, things off the pitch must improve quickly after the international break as Arteta aim to save his job, starting with a vital game against Norwich City after the international break.

Arsenal CEO Vinai Venkatesham confirms Stan Kroenke’s ‘significant investment’ in summer transfer window, calls for ‘unity’ after nightmarish start to season in message to club staff
Arsenal were beaten by Man City to make three losses in three games to start the new Premier League season
Getty

But, as unpopular owner Kroenke continues to face the wrath of Arsenal fans, Venkatesham has insisted their productive summer would have been impossible without the American’s approval.

“Although Covid and no European football pose financial challenges, our owners, Stan and Josh Kroenke, have sanctioned very large investments in this transfer window in support of our strategy,” he added.

“This included the signing of Nuno Tavares (21), Ben White (23), Sambi Lokonga (21), Martin Odegaard (22), Aaron Ramsdale (23) and Takehiro Tomiyasu (22), as well that the renewal of the agreements with Emile Smith. Rowe (21) and Kieran Tierney (24).

“All of these players are signed on long-term contracts.”

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Arsenal CEO Vinai Venkatesham confirms Stan Kroenke’s ‘significant investment’ in summer transfer window, calls for ‘unity’ after nightmarish start to season in message to club staff

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