Chelsea and spurs Money Woes is Deja Vu for Gunners

The current situations of Tottenham and Chelsea are, first and foremost, hilarious.

Chelsea owe billionaire owner Roman Abramovich over a billion pounds in unpaid, interest free loans that the Russian has forked out since his time as Oligarch of West London.

The money has seemingly dried up at Stamford Bridge. Case in point was last season’s curb on spending that led to Conte having an unhappy attempt at regaining the title with an ageing and limited squad.

Now, plans for a lavish new stadium to replace the decrepit Bridge have been canned, with Chelsea accountants having kittens and waylaying any plans for growth in an attempt to get out of the red and back in black.

Chelsea and their plans for a new stadium

Then there is Tottenham.

Our neighbours in North London are currently way over budget for constructing their new home, as they seek to complete it in time for the 2018/19 season.

At this moment in time, this is looking unlikely, and an option to retain Wembley as their home ground next season is looking more and more likely to be taken.

The money situation is not healthy either for spurs. With the new stadium causing Daniel Levy to dig deep and the playing staff failing yet again to win a trophy, tottenham are on the precipice.

Do they spend what available loot they have to keep their key men? Or do they put it toward strengthening, and cash in on one of their big players?

The likes of Harry Kane and Dele Alli both know that if they were to talk to interested parties, they would be hearing figures that absolutely dwarf their current deals. They know they can get far more elsewhere, so a contract extension must be a lucrative one for both of them.

Then there is the likes of Christian Eriksen, Toby Alderweireld, Danny Rose and Eric Dier. All are wanted elsewhere, and all would command far more than they currently earn at spurs.

Levy knows this, but if he pumps all of the available cash into keeping them, then the status quo remains, and they can’t significantly strengthen. Pochettino has worked wonders at the club, but the bottom line is that even with their current squad, they are still potless.

So something must give.

Meanwhile, Gooners are sitting back and enjoying the cash crises that both clubs are embroiled in.

You see, we’ve been there, and we had to make those tough calls, we had to shed our leading lights, we had to endure the cheap purchases that risked much. We had to pay back the bills – and yet we managed to do so whilst maintaining a Champions League place.

What Arsene Wenger managed to do in the years that followed the completion of The Emirates is nothing short of miraculous, and should be seen as one of his finest achievements. He managed to keep a side that contained the likes of Philippe Senderos, Manuel Almunia and Andre Santos, and kept them on the straight and narrow, instilled the same attacking values that he had done throughout his tenure.

Chelsea enjoyed the fruits of Abramovich’s deep pockets unhindered for nearly fifteen years, spending lasciviously and flagrantly ignoring the concept of a healthy balance and an independent outlook to club ownership that didn’t involve relying so heavily on one man.

Now the piper is knocking on the door and wants to collect.

Chelsea, in order to truly keep their place amongst the elite, NEED to move to a new stadium, to build that complex. The longer they stay at The Bridge, the worse their situation will get, and the risks become ever greater.

Spurs need to ride out 3-5 years of cost-cutting and balancing the books. These years will either see them maintain their position as one of the perma-Champions League clubs, or they will slip and find it much harder to find their way back.

What about us though?

Well, we’ve got our new home, and we’re raking it in – but with our new owner almost invisible and minding the pennies, it isn’t as if we are out of the woods. It means that the positions that our London cohorts find themselves in is a leveller – and the next few seasons will be us duking it out for the supremacy of the capital.

Should be a real slugfest.

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