Arsenal chief executive Ivan Gazidis has assured fans the club will be
able to compete with any side in the world over the next few seasons.
The Gunners have not won a trophy since 2005 and have made their worst start to a Premier League season.
However, Gazidis argues the club is in a powerful position for the future.
"As we look to the next two, three years we will have an outstanding platform on which to compete with any club in the world," he saod during an interview.
Gazidis says Arsenal should pull
off major commercial deals that will strengthen their financial
standing next season. The Gunners moved to the 60,361 capacity Emirates
Stadium in 2006/7 and have increased their turnover from £177.7m then
to £243m in their latest set of figures
.
Next season their shirt sponsorship and manufacturer
deals are due for renewal and they can expect big improvements on them.
At £5.5m per season, their shirt sponsorship deal with Emirates is
dwarfed by the likes of Manchester United, who have a deal with
Chevrolet worth about £28m a season.
They are also expected to be able to double the £13m shirt manufacturer deal they currently have with Nike.
"Now we are in that stadium, the first part of our vision has been realised," said Gazidis, speaking before Arsenal's annual general meeting last month. "Now we are at the stage where some of the commercial deals that were tied into the construction of the stadium, and enabled us to take that first big step, will be renegotiated.
Gazidis believes Arsenal will also be helped by the introduction of Uefa's financial fair play regulations next season, which allow clubs to make only set losses initially before being required to break even.
He believes the rule could help the Gunners to start competing for some of the top players in European football. In the last few seasons, key players such as Kolo Toure, Emmanuel Adebayor, Cesc Fabregas, Samir Nasri, Robin van Persie and Alex Song have all left the club.
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