Not so long ago, they were known as "The Invincibles". Arsenal earned that epithet during the 2003-04 Premiership campaign, when they lifted the crown after going through the entire league season undefeated. No other team stood a chance against the mighty Gunners as they went about eliminating every rival that dared cross their path, with clinical precision. However, the guns have fallen silent, in recent years. They have gone past six trophy-less seasons since making the 2005 FA Cup their own. The current Arsenal team is a mere shadow of the Invincibles led by Patrick Vieira. They have not even been able to mount a title challenge during the ongoing season. The recent turn of events is sufficient to shake the belief of the most die-hard Arsenal fan. Arsenal critics foresee a downfall akin to that suffered by Leeds United. Can Arsenal prove their nay-sayers wrong? Or, is their future really bleak?
To understand Gunners' current predicament, one has to go back to the early 2000's when the team decided to shift from Highbury, their home ground for 93 years, to Ashburton Grove, now known as the Emirates. The construction of the £390 million stadium was funded by loans, sponsorship deals and sales of some of the club's star players, notably Nicolas Anelka, Marc Overmars and Emmanuel Petit. The loans put enormous stress on the club's finances. They were no longer able to compete with financial heavy-weights, like Real Madrid, Barcelona and Chelsea, in the transfer market. While other clubs spent millions of dollars on buying the best players in the game, Arsenal watched helplessly from the sidelines. To add to the inability to buy new talent, the Emirates outfit could not even retain its star players like Thierry Henry, Ashley Cole, Emmanuel Adebayor, Cesc Fabregas and Samir Nasri who left one by one. Things have come to such a pass that one cannot but wonder whether Arsenal can ever assemble another bunch of players capable of recapturing the club's past glory.
Despite their handicaps, Arsenal possess some powerful weapons they can bring to bear on their future prospects. Chief among these are the club's youth academy and the reserves team that provides an endless supply of exceptionally talented footballers to the senior side. The most recent examples are the likes of Aaron Ramsey, Jack Wilshere, Wojciech Szczesny, Alex Song and Kieran Gibbs, who are barely into their twenties, are already first-team regulars. Carl Jenkinson, Alex Oxlade-Chamberlain, Ryo Myiachi and Wellington Silva are exciting prospects for the future. Gunners' scouts spot talented players at a very young age and train them in the academy. The scout system attracts young talent from the world over; the youth team and reserves comprise players from Bolivia in the West to Japan in the East, thereby underscoring how well established the system has become.