Arsenal manager Arsene Wenger has spoken out about Britain’s decision to leave the European Union. The vote was cast last month, and 52% of voters wanted out.
The Frenchman believes that the consequences to the Premier League following Brexit could be a problem, saying that it will affect English football very much so.
The process could take months, if not years to complete, but Wenger insists the result will mean a big change in EU players wanting to join English football.
“The players are going to see their salaries drop a little bit and the competition with Germany, for example, is going to be stronger,” he told France Football.
“But that’s part of the risks of the profession and that worries me less.”
“England has, all the same, a lot of resources in terms of finances. There’s leeway with the [TV] money that’s going to be brought in this year as well.”
“But in my opinion it’s particularly in the long term that there are questions. The way in which England leaves Europe will dictate the future of the Premier League.”
“If the league becomes less attractive, TV companies will spend less money, the revenues of clubs are going to decrease and the Premier League is going to suffer the consequences. That’s where the problem is.”
[Quotes via Mirror]
“The big English clubs have the means to keep hold of their biggest assets. The most important thing lies elsewhere. Currently, the league is seen as the most attractive one and that image could disappear.”
“In the short term, clubs that are quite strong will be able to resist the competition but England is in the process of building a dominant Premier League.”
“We thought that one day the best players from Real and Barca would say: ‘I also want to go to England because everyone is over there.’ “All of that is now uncertain and Brexit is a spanner in the works. It will have consequences, not in the very short term, but in the long term, yes.”
[Quotes via Daily Mail]
So it all seems like Wenger sees nothing but bad times on the horizon therefore it is all the more reason for him to go all out now while the situation unfolds over the next couple of seasons and given the recent number of high value transfers then it seems for now it is business as usual in the Barclays Premier League. Surely it is time for the club and Wenger to open their cheque books and start playing ball with the big boys before the league and indeed the industry change drastically and likely not for the good financially speaking.
You also can read what our regular columnist Tony Attwood (aka Jacko Jones of Untold Arsenal) had to say about What will the Premier League be like once Britain pulls out of the EU?