Posted on August 05, 2016 by ADMIN

Wenger given cash boost to secure Arsenal targets!

Arsenal may have had to keep finances tight in the past whilst we were paying off the club’s stadium debt on the Emirates, but now that the debts are completely repaid, it leaves Arsenal in the position to spend with no restrictions.

Arsenal have always had money to spend, especially for the last two seasons, where the transfer funds have reportedly been astronomical. However Wenger has always been hesitant towards spending such large quantities of cash and although I’ve always supported the approach that Arsenal have maintained by not spending obscene amounts of money, this summer Arsenal really need to splash out to not only catch up to their rivals, but to also really build forward towards tackling the upcoming season.

Arsenal have currently spent between around £35/£40 million, depending on the undisclosed transfer amounts. This follows on from the signings of Xhaka, Asano and Holding. In comparison to what our rivals in the Premier League have spent, especially City and United, Arsenal’s summer has shown little movement and we desperately need to sign a few more quality faces if we are going to truly challenge for the league this season.

Wenger has always been reluctant to spend, however according to the latest media reports, the board, chairman and shareholders have ensured that extra funds will be made available to Wenger in order to secure the targets he wants.

Wenger will be given full financial support to get the deals surrounding the priority positions we need to improve on at Arsenal including centre back and a striker. Possible names include the likes of Lacazette, Mahrez and Mustafi, all who Wenger is supposedly trying to get over the line, with all three expected to cost at least £80 million combined. It would be a major investment from Wenger and an approach we are not used to at Arsenal, but Wenger must realise that this may be his last shot at winning the Premier League again under his management, something which may convince him to go all out on the spending.

By AH

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4 thoughts on “Wenger given cash boost to secure Arsenal targets!

  1. goonerwineverything

    on your bike with wenger spending any money

    WENGER OUT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    AT THE END OF THE SEASON GIVE HIM HIS GOLDEN CANNON OR DIAMOND ENCRUSTED CARRIAGE CLOCK, FOR HIS 20 YEARS OF FAITHFUL SERVICE THEN SHOW HIM THE DOOR. THAT’S THE PRICE OF FORCEFUL PROGRESS, IF THE CLUB WANTS TO MOVE FORWARD UNFORTUNATELY THERE WILL BE CASUALTIES ON ALL SIDES.

    COYG

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  2. jonm

    The above article says that the debt on the emirates is completely paid off. This is nowhere near true.

    According to the latest financial report on arsenal. com, arsenal debts are £233.9m.

    My understanding is that there were short term and long term loans on the stadium. The short term loans were high interest and these have been paid off. The outstanding loans are long term with low interest rates but the loans are nowhere near paid off.

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  3. jonm

    Source of this rumour is metro, and there are no quotes. Probably the usual made up rubbish.

    However I have detected a slight change in some of the comments from gazidis and wenger so maybe there is a change in policy regarding the money available for transfers.

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