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Ivan Gazidis: 'Arsenal to soon compete with world's best'

:Headline: Ivan Gazidis: 'Arsenal to soon compete with world's best': ID:51577: from db_amp
Ivan Gazidis claims that Arsenal will soon be able to compete financially with the world's biggest clubs.
Gazidis: 'Arsenal to compete with world's best'

Arsenal chief executive Ivan Gazidis has told shareholders at the club's annual general meeting that they will soon be able to compete financially with the "world's biggest clubs".

Consecutive defeats to Norwich City and Schalke 04 have led to fans becoming disgruntled at the club's direction, but Gazidis has urged patience among supporters.

"In the next two years, we will have the financial resources to sit and compete among the leading clubs in the world, which is an extraordinary achievement," Sky Sports News quotes Gazidis as saying.

"Financial success is relevant because it supports our football vision... the money we make is made available to our manager and he decides how to invest those funds.

"Arsene has done a magnificent job against the spending of our major competitors."

Arsenal are currently ninth in the Premier League with 12 points from eight games.

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5Manchester CityMan City22115644291538
6Newcastle UnitedNewcastle22115638261238
7Bournemouth22107536261037
8Aston Villa2210663334-136
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10Fulham228953430433
11Brentford2284104039128
12Crystal Palace226972528-327
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14West Ham UnitedWest Ham2275102743-1626
15Tottenham HotspurSpurs22731245351024
16Everton214891828-1020
17Wolverhampton WanderersWolves2244143251-1916
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19Leicester CityLeicester2235142348-2514
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