As featured on NewsNow: Football news

Arsenal boss Wenger insists he's right to be careful with spending

Arsenal boss Arsene Wenger insists he's right to count his pennies.

After selling Emmanuel Adebayor to Manchester City for £25 million, Wenger argued: "Football has not been hit by the recession but it could easily happen.

"In the next eight months clubs could suffer much more than people think."

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