Wenger told his job is safe for another TWO years
Published 22:30 19/02/12 By John Cross
Arsene Wenger has been assured his job is safe for another TWO YEARS.
Under-pressure Wenger still has the full support of the Arsenal hierarchy even though the club’s exit from the FA Cup means this season will be seven without a trophy.
But Wenger, whose contract expires in 2014, is still hopeful of finishing in the Champions League places and the board will back him even if he does not.
An Arsenal source said: “We are committed to Arsene and we expect him to see out his contract.”
The only danger to Wenger remaining in charge is whether he walks away at the end of the season as he has already warned he would consider his future if he felt he could not take the club any further.
But Arsenal’s US majority shareholder Stan Kroenke and the rest of the board believe he will stay and the club will give him major funds this summer to rebuild.
Arsenal are legally obliged to release their financial figures by the end of February and they are expected to reveal profits of £50m-plus later this week.
The £50m will be available to Wenger to rebuild this summer with transfer targets like Lukas Podolski, Junior Hoilett and Matias Suarez on the radar while they will also hold contract talks with Robin van Persie and Theo Walcott in the next few weeks.
And Wenger has insisted he won’t walk away from Arsenal despite the toughest week of his managerial career.
Wenger said: “We have what it takes at the club and we will add what it takes. But at the moment I believe we are not making plans for next season, we are making plans for the next game.
“I think we have what it takes at the club when everybody is available, because we had many missing and big, big players, too.
“Our main target now is to focus on the championship. We played away at Bolton and drew 0-0, we beat Blackburn at home and won away at Sunderland, so let’s win our next home game and we will be fine.
“We have played 15 years at the top level and in the top four. It is remarkable consistency and one day when you manage a club, you will see it’s not easy.”
Wenger will not spend “crazy money” on transfers but the club insist there is no wage cap and van Persie is likely to be offered around £90,000-a-week to stay.
But Wenger and the board now see fourth place as the main target as the Arsenal manager called Champions League qualification his “first trophy” after crashing out of the FA Cup at Sunderland.
Wenger was “calm and controlled” after the Sunderland defeat which was in contrast to him to him shouting and swearing at the players in a dressing down at the training ground following the Milan defeat last week.
The Arsenal Supporters’ Trust fans’ group meet tonight (MON) for what could be a stormy get together as the club face a seventh year without silverware.
They are likely to ask questions of the club which has a transfer proceeds account with a deed of covenance put in place by late director Danny Fiszman. That is designed to legally ensure 70 per cent of any profit goes on strengthening the squad.