In 1995-96, Paul Merson remained a regular first team player under Arsenal's new manager Bruce Rioch and continued to play regularly in 1996-97 following the appointment of Arsène Wenger. In a somewhat surprising move, at the end of the 1996-97 Premiership campaign, in which Arsenal finished third, Merson was sold to relegated Middleborough in a £5 million deal - making him the most expensive player ever signed by a non-Premiership club. In all Merson played 425 times for Arsenal, scoring 99 goals.
Paul Merson was a key player for Middleborough’s promotion success as Division One runners-up in 1997-98. Merson also held the distinction of being the only player in England's 1998 FIFA World Cup squad not to play for a top flight club. In that tournament, he played in England's famous second round match against Argentina, scoring in the penalty shootout, although England eventually lost.
In the summer of 1998, Paul Merson accused Middleborough of being a club with a drinking and gambling culture, insisting he needed to move away. He later refuted that claim, but it has left him as a hate figure for the people of Teesside. In the autumn of 1998, Paul Merson was sold to Aston Villa for £6.75 million. He quickly established himself as a fans favourite due to his creative, flamboyant brand of football. He remained on the club's payroll for nearly five years, helping them reach the 2000 FA Cup final, before he was finally given a free transfer at the end of the 2001-02 season. Merson signed for Division One club Portsmouth, and was instrumental in the club's promotion to the Premiership in 2002-03.
Merson, however, felt that he was too old for a return to the Premiership, and wanted to move closer to his home in Sutton Coldfield. He was eventually snapped up by Division One side Walsall in summer 2003. Merson's troubles did not stop there. In February 2004, he admitted himself to the Sierra Tucson Clinic in Arizona to seek help for his gambling addiction, and missed several key games whilst Walsall slipped in the league from mid table mediocrity into the relegation zone. However, a couple of months after his return, Merson was quickly thrown into the manager's spot at Walsall following Colin Lee's sacking for allegedly having talks with Plymouth Argyle over a vacant manager's position there. Merson lead a gallant bid to retain Division One status, but was hindered by a harsh last minute penalty against Crystal Palace, and eventually relegated after a 3-2 victory against Rotherham United whilst having to rely on Stoke City beating Gillingham F.C. on the final day. The following month, despite relegation, Merson was rewarded with the manager's job on a permanent basis.
2004-05 proved to be a difficult season for Merson, on and off the field. Walsall went out of all cup competitions against lower league teams, and it was reported that Merson had had a rift with his wife, and had started drinking and gambling again, whilst the press reported on him inviting disgraced goalkeeper Mark Bosnich back into the game. Walsall slipped close to a second consecutive relegation. Merson responded by making several key signings on transfer deadline day; Julian Joachim, Andy Oakes, Anthony Gerrard (cousin of Steven Gerrard), Craig Pead and David Perpetuini. Merson's side went undefeated during May 2005, securing League One status for another year.
After a difficult first season in management Merson's position at Walsall looked more secure as the club entered 2005-06; however, he was unable to lift Walsall out of the relegation zone, and with the club in 19th place, he was sacked on 6 February 2006. Despite a number of offers from clubs as high as the Championship, Merson opted to resume his playing career at part-time Conference club Tamworth, however this arrangement only lasted two games (with Merson playing only once) before he announced his retirement from professional football playing on 9 March 2006.
Merson has since decided to forge a career as a media pundit, appearing frequently on Sky Sport’s Gillette Soccer Saturday. In August, 2006 he also commenced a column for the official Arsenal FC magazine.
Paul is now extremely popular as an after dinner speaker enlightening everyone with his hilarious, sad, interesting anecdotes from a glittering rollercoaster career at the top of football. He has played with and against many of the world’s top footballers. Don't delay, book Paul NOW, you will not be disappointed!