Wenger: Happy with policy
Arsenal manager Arsene Wenger has defended his policy of bringing in promising young players rather than spending big money on new signings.
The Gunners were unbeaten as they won the Premier League title in 2003/4 but Wenger was unable to build on his squad as the club's financial focus was on the move to Emirates Stadium.
Arsenal could not keep pace with the league leaders last season but have put up more of a challenge this term and Wenger remains confident the team will continue to improve.
Speaking about what happened after the 2004 triumph, Wenger said: "At the time, we decided to build a stadium, which cost a lot of money.
"We decided to go for a policy where we could survive without buying too much. We knew the resources were short and we suffered a little bit.
"But this season we were really, really close. No team has been punished more than we have and we have still only lost three games.
"We tried and we closed the gap. Last year we had 68 points and finished far behind. This year, we can make 83 and who knows what that will be good enough for?
"It was down to one game winning or losing, and at the time when it became really tight, we had everything against us."
Wenger insists he was not surprised to see Chelsea emerge as the new force from London, with the Blues having finished runners-up in 2004 under the guidance of Claudio Ranieri.
"People forget when we had that unbeaten season, Chelsea were second in the league," he said.
"They were a fantastic side. We didn't lose one game and they were very close to us.
"I knew they would become champions because they had (Frank) Lampard, (John) Terry, Joe Cole - they were all going up."

Stoke 1-0 Portsmouth - Fuller and Sorensen
Tottenham 9-1 Wigan - Defoe
Stoke 1-0 Portsmouth - Pulis
Stoke 1-0 Portsmouth - Shreeves' blog
Stoke 1-0 Portsmouth - Hart
Tottenham 9-1 Wigan - Redknapp
Tottenham 9-1 Wigan - Martinez
Bolton 0-2 Blackburn - Megson
| Time | Fixture |
|---|---|
| Wednesday 25th November | |
| Barclays Premier League | |
| 19:45 | Hull vs Everton |
| 20:00 | Fulham vs Blackburn |
| Saturday 28th November | |
| Barclays Premier League | |
| 15:00 | Blackburn vs Stoke |
| 15:00 | Fulham vs Bolton |
| 15:00 | Man City vs Hull |
| 15:00 | Portsmouth vs Man Utd |
| 15:00 | West Ham vs Burnley |
| 15:00 | Wigan vs Sunderland |
| 17:30 | Aston Villa vs Tottenham |
| Sunday 29th November | |
| Barclays Premier League | |
| 12:00 | Wolverhampton vs Birmingham |
| 13:30 | Everton vs Liverpool |
| 16:00 | Arsenal vs Chelsea |
| Saturday 5th December | |
| Barclays Premier League | |
| 12:45 | Portsmouth vs Burnley |
| 15:00 | Arsenal vs Stoke |
| 15:00 | Aston Villa vs Hull |
| 15:00 | Blackburn vs Liverpool |
| 15:00 | West Ham vs Man Utd |
| 15:00 | Wigan vs Birmingham |
| 15:00 | Wolverhampton vs Bolton |
| 17:30 | Man City vs Chelsea |
| Time | Result |
|---|---|
| Sunday 22nd November | |
| Barclays Premier League | |
| Bolton 0 - 2 Blackburn | |
| Tottenham 9 - 1 Wigan | |
| Stoke 1 - 0 Portsmouth | |
| Saturday 21st November | |
| Barclays Premier League | |
| Liverpool 2 - 2 Man City | |
| Hull 3 - 3 West Ham | |
| Sunderland 1 - 0 Arsenal | |
| Chelsea 4 - 0 Wolverhampton | |
| Man Utd 3 - 0 Everton | |
| Birmingham 1 - 0 Fulham | |
| Burnley 1 - 1 Aston Villa | |
| Monday 9th November | |
| Barclays Premier League | |
| Liverpool 2 - 2 Birmingham | |
| Sunday 8th November | |
| Barclays Premier League | |
| Hull 2 - 1 Stoke | |
| Wigan 1 - 1 Fulham | |
| Chelsea 1 - 0 Man Utd | |
| West Ham 1 - 2 Everton | |
| Saturday 7th November | |
| Barclays Premier League | |
| Aston Villa 5 - 1 Bolton | |
| Blackburn 3 - 1 Portsmouth | |
| Tottenham 2 - 0 Sunderland | |
| Wolverhampton 1 - 4 Arsenal | |
| Man City 3 - 3 Burnley | |
| Pos | Team | P | Pts |
|---|---|---|---|
| 1 | Chelsea | 13 | 33 |
| 2 | Manchester United | 13 | 28 |
| 3 | Arsenal | 12 | 25 |
| 4 | Tottenham Hotspur | 13 | 25 |
| 5 | Aston Villa | 13 | 22 |
| 6 | Manchester City | 12 | 21 |
| 7 | Liverpool | 13 | 20 |
| 8 | Sunderland | 13 | 20 |
| 9 | Stoke City | 13 | 19 |
| 10 | Burnley | 13 | 17 |
| 11 | Blackburn Rovers | 12 | 16 |
| 12 | Fulham | 12 | 15 |
| 13 | Birmingham City | 13 | 15 |
| 14 | Everton | 12 | 15 |
| 15 | Wigan Athletic | 13 | 14 |
| 16 | Hull City | 13 | 12 |
| 17 | West Ham United | 13 | 11 |
| 18 | Bolton Wanderers | 12 | 11 |
| 19 | Wolverhampton Wanderers | 13 | 10 |
| 20 | Portsmouth | 13 | 7 |
Skysports.com looks at the best and worst moments from the latest round of top-flight fixtures.
Take a look back at what Liverpool and Man City fans had to say following a 2-2 draw at Anfield.
Bristol City fan Hannah Shine was strutting her as the Soccerette in the Soccer AM studios this week.
Steven Gerrard is confident Liverpool can 'put things right' and insists morale remains positive despite the team's flagging season.
Jermain Defoe helped himself to five goals as Tottenham demolished Wigan 9-1 at White Hart Lane to move into fourth spot in the table.
Paul Hart played down the injury to David James prior to Portsmouth's 1-0 defeat to Stoke on Sunday.
Stoke collected all three points against Portsmouth thanks to a late strike from Ricardo Fuller.
Bolton squandered the chance to climb out of the bottom three as they were beaten 2-0 at home by Blackburn.