Bale plays for our rivals now!' Arsenal chief Gazidis takes swipe at Spurs.

Arsenal chief executive Ivan Gazidis took a thinly veiled swipe at North London rivals Tottenham by claiming he doesn't consider them to be rivals.
Speaking at the club's AGM, Gazidas responded to a question over why the Gunners have not capitalised on NBC's Premier League TV deal in America.
He said: 'Yes there is a poster of [Gareth] Bale in Times Square, but he no longer plays for Tottenham - he now plays for one of our rivals!'

Dig: Arsenal Chief Executive Ivan Gazidis (above) claims Gareth Bale (below) now plays for their rivals after his move to Real Madrid

Poster boy: Gareth Bale's image appears on a billboard over New York's Times Square

During the same meeting, manager Arsene Wenger maintained Arsenal are ready to spend big again on buying more world-class talent like Mesut Ozil - but also stressed the club are not about to abandon their long-standing principle of youth development.
He said: "We have a huge ambition to win this league again and that is the target of the season, but I still believe our policy has to be based on three different levels. I don't think without that we will have success.
'The first level is of course, continue to defend our style of play, our philosophy of play and our values. That can only be done by developing our own players and the core of our team has to come from the development inside our club.

Flash the cash: Wenger (above) claims he is not afraid to spend big again after signing Mesut Ozil (below) for £42.5m

'The second level of the development of our club has to be based on the intelligence of our eye. That means players who are unknown and who can become big players here, through our connections, the quality of our scouting, through the quality of what we have seen in them and how they could develop.
'Then, the third part of our development and ambition is to scout and buy recognised world class players. This season for example we have bought Ozil. You don't need any scout to buy Ozil. You just need money
'I am quite happy that we have shown to you that we are not scared to spend money when we think the players have the quality and we have the funds available to do it.'