15 November 2012 Last updated at 21:51

Gazidis predicts bright Arsenal future

Arsenal chief executive Ivan Gazidis says the club are set for a bright future as they embark on stage two of a 10-year plan.

Stage one was the construction of their new stadium at Ashburton Grove. Next they are set to renew their shirt manufacturer and sponsorship deals, which should hugely increase their revenue.

Gazidis tells BBC Sport's David Ornstein that this will enable the Gunners to compete with any other side in the world and become one of the five biggest clubs in Europe in terms of revenue.