Liverpool

According to documents released by investment banks Rothschild and Merrill Lynch, Liverpool will only have 20 million pounds each summer, until 2014, to spend on renewing contracts and transfers. In other words, they will have to sell players before they can buy players.

Liverpool are currently $471 million in debt.

Their owners, Tom Hicks and George Gillett, have been looking to sell their shares in the club for the past two seasons. They desperately need new finance.

One thing is certain, Liverpool will not be moving to a new state of the art stadium for at least another 10 years. Financially, Liverpool are in grave danger of falling behind Europe's top clubs, with Manchester City most likely to take their position in the hierarchy of English football.

Gerrard, 29, will not leave Liverpool. He was very close to joining Chelsea in the summer of 2005 for 32 million pounds, but he's recently signed a new contract and will end his career at Liverpool. However, if Torres leaves, it will confirm Liverpool's financial demise and cause outcry from their fans.

The sale of Alonso to Real Madrid confirmed Liverpool's new status as a selling club. Mascherano will probably be next to leave. He was close to joining Barcelona this summer and was bitterly disappointed that the transfer didn't go through.

Arsenal fans deep down realize that Cesc Fabregas will move back to Spain at some point in his career. The question is not if but when he will leave. I think Wenger will let Fabregas leave once he finds a suitable replacement. The progress of Jack Wilshire will be interesting.

Arsenal are in debt as well. Wenger has been operating on a shoe string budget - compared to Europe's top clubs - for years. Arsenal's debt is due to the building of The Emirates stadium. In less than five years, the debt will be gone. Profits will be up.

The only problem Arsenal have is the struggle for power at boardroom level. However, both Kroenke and Usmanov have not borrowed money to buy their shares, unlike the owners of Liverpool or Manchester United.

This puts Arsenal on stable footing.

In other news, Phil Brown's job at Hull City looks unstable. Hull have only won one game out of seven this season. Last night they were thrashed 4-0 at home to Everton. Their next game is away to Liverpool. I don't think that Mr. Brown will be in charge of Hull when they play Arsenal at The Emirates on December 19th. That's a real shame for Arsenal fans who were looking forward to giving the scumbag top quality abuse.

Sol Campbell left the Arsenal dressing room at half-time during a game against West Ham at Highbury in 2006. Arsenal were losing 2-0 at the time due to mistakes made by Campbell. His actions that night were mainly due to personal problems. Campbell later failed a paternity test after having a fling with an unknamed woman. His walkout on Notts County after just one game comes as no surprise, even if Campbell was earning $70,000 a week. Arsenal lost 3-2 against West Ham the night Campbell fucked off at half-time. The defeat seriously dented Arsenal's chances of making the top four. Campbell's actions left a bitter taste in the mouths of many Gooners.

Never walk out on Arsenal.

Keep it Arsenal.