Arsenal financial state is worse than first thought so Ozil must go

Arsenal are set to announce pre-tax losses of more than £50 Million according to the media and that is forcing them to try and sell Mesut Ozil, though the word force is probably being used lightly.

The transfer budget is said to be just £45 Million and the only way that will be topped up is with player sales and one of those players that club is desperate to offload is the German but by all accounts, they are struggling.

The hierarchy is hoping to raise £30 Million for Ozil and that is probably a fair figure considering his age, however, the main stumbling block is his £18 Million per year wage.

Turkish clubs like Galatasaray, Besiktas and Fenerbahce simply do not have the funds to finance such a purchase even though they would love to sign the playmaker.

The only possible way that they can get Ozil off the books is by either allowing him to go for free or subsidising his wages and neither is an attractive option.

On top of that, he has no intention of leaving, he is happy with his contract and seems content to sit out his final two years and in all fairness, you cannot blame him for that.

Ozil cannot be held responsible for the huge wage that Arsenal agreed to give him, he played his hand perfectly in negotiations and the fault lies solely with Arsenal.

I cannot see any club taking on Ozil due to the financial implications or the player himself agreeing to a wage drop, and the chances are that he will remain an Arsenal player beyond this summer. That means that the club will have to look at selling other players in order to increase the low transfer budget they are stuck with.