Word: arsenal
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...chests - Real, United, Chelsea and Milan - use them to buy the players who'll ensure their continued dominance, concentrating talent in a handful of top clubs in each country, while those lower down the pecking order struggle to hold on to their best players. Even such legendary clubs as Arsenal and Liverpool in England, both of which reached the final four of last season's élite European Champion's League, are unable to match the financial muscle of Chelsea or Real Madrid, lowering their prospects for success...
...transfer markets as teams compete to gain an edge. It's a cutthroat game, precisely because revenues are closely related to a team's performance: only the top four teams of the 20 in the English Premier League qualify for the European Champion's League, and United, Chelsea, Arsenal and Liverpool have in recent years established a lock on those four slots. But they have to win consistently to get there, and failure to do so can be financially disastrous. Things are as treacherous at the lower end of the league, from which the bottom three clubs are relegated...
...give up the MX and the Trident II as well. That would be difficult to accept. There are widespread questions about how to base the MX and about Congress's willingness to fund it fully. But the Pentagon sees the Trident II as a crucial component of the U.S. arsenal for the 1990s because, like its predecessors, its submarine basing makes it invulnerable to a Soviet pre-emptive attack (assuming, of course, that the Soviets do not achieve a breakthrough in antisubmarine warfare). But the stickiest and most controversial part of the trade-off would be the limits the Soviets...
...White House view of the matter. Maybe it's his view, but I can't understand the rationale for it.'' The rationale, according to those who advocate a system to protect silos, is that they are now vulnerable to a pre-emptive attack by the Soviets' vast arsenal of fast, accurate warheads. At the conference, Walter Slocombe, who during the Carter Administration held a Pentagon post comparable to the one now occupied by Perle, agreed that ''in principle'' defending silos is ''not a bad idea.'' But, he argued, there are cheaper and more reliable ways to defend the U.S. capability...
...apparent concession is that in setting a numerical limit on each side's arsenal of strategic warheads, Moscow would no longer insist on counting America's "forward-based" nuclear weapons systems, such as those deployed on carrier-based warplanes and on planes and missiles based in Europe. However, instead of cutting the limit on strategic warheads from the 3,600 they previously proposed, the Soviets now want to include all cruise missiles in the total and set the ceiling at 8,000. Since the U.S. is first and foremost interested in slashing the number of warheads deployed on big land...