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Former Arsenal transfer chief Dick Law has revealed the club plotted moves for Eden Hazard and Thibaut Courtois before they joined Chelsea.
Courtois signed for Chelsea from Genk in 2011 while Eden Hazard joined a year later from Lille.
“We had the financial muscle, but the risk reward calculation wasn’t clear,” Law told Goal.
“Spending a lot of money on a player that didn’t work out would have really put the club in some financial straits.
“Did we miss out on talents? Certainly. I remember sitting in meetings with Steve [Rowley], Ivan [Gazidis] and Arsene [Wenger] and gnashing our teeth over Thibaut Courtois. We knew he was good.
“Eden Hazard as well, we wanted to do that deal. But there was a sense of responsibility and running the club prudently, all the time knowing that every £1 we spent we had to act as if it was our money. It was very, very difficult.”
The signings of Hazard and Courtois both proved to be sound decisions by Chelsea with the pair going on to become important players for the club, particularly Hazard.
Chelsea made significant profits on both players. The Blues signed Courtois for about £10million and sold him to Real Madrid last summer for £35 million. The Blues also signed Hazard from Lille for £32 million and sold him off to Real Madrid this summer for £100 million, which could rise to £150 million.