I agree there are lots of other clubs that have wasted money on players but they also have several top quality players already at the club and also buy world class players asa well.
As for managers acting intelligently in the market, you are talking as if Wenger never makes bad signings.
He has wasted millions on players that are simply not good enough, and to make it worse he persists with those players to the detriment of the team.
He also is one of the most indecisive managers in Europe when it comes to buying players and he is also the most stubborn.
When you have so much money at your disposal and so many weak links in the first team, then there is no excuse for leaving it for so long to sort it out.
After this season we will possibly have no world class players because they are fed up with Wenger’s poor transfer business.
How is this acceptable and how it’s possible to defend his approach in the market?