So? How much did UTD generate? how much as a percentage is available?
At the end of the day, this will continue for Arsenal, fighting for top 4 and what not, Wenger will leave, a new manager will come in, will have the same results, this will continue until the fans direct their anger at Kroenke rather than the manager.
Arsenal have enough money to mount a challenge in all competitions, not win them necessarily but they can do better. A new manager who can make his own 3-4 signings would make a huge difference.