Money flows as the summer burns on

Despite the rumours the only actual confirmed news of the summer so far is that Lucas Fabianski has signed a new long term contract at the club. Fabianski has made some errors, but overall he's shown he does have the ability and one would never expect a young inexperienced keeper to look like a commanding senior pro straight away.

The money being thrown around by Real Madrid is nothing but obscene, Arsenal Insider talks about conflicts at the club and the financial implications of this wanton cash extravaganza. One can't help but feel that Manure will find it very hard to replace Ronaldo in the short term, he has been their main attacking threat in recent seasons and even with eighty million burning a hole in their pocket it is never easy to replace your best player. On the background of clubs like Liverpool making decent losses despite very successful seasons on the pitch then this all begins to look rather unsustainable. Spending money one simply doesn't have and taking massive gambles with a club's future doesn't appear clever to me.

There have certainly been plenty of rumours about signings so far, no surprise there then, one of the strongest has been about Thomas Vermaelen of Ajax, Arsenal FC Blog has an Ajax fan's opinion on this rumoured signing. He would almost be worth signing just to piss off the potato headed Martin Jol, would that result in a steamed potato I wonder? There are also rumours around the young PSG centre back Sakho, these appear less credible as here we only have word from the agent who is probably trying to move his client for as much cash as he can as quickly as possible.

Anyway back to reality and Kieran Gibbs has been impressing for the England U-21s in his old role of central midfield, Theo Walcott has played a couple of times for England and has a great chance to show how he has developed in the U-21 championship, while the club have announced their seven new scholars, you can read more about these seven lads courtesy of Young Guns. The close season is a nice opportunity to forget about football for a bit, soak up a bit of sun and relax. Maybe some people enjoy reading the never ending tedious rumour mongering in the media, not me, I'd rather be doing something else like playing golf or sipping a cold pint of ale.