Arsenal have confirmed that we only have a limited transfer budget

I have been reading about the meeting between Arsenal fans and the new bosses at the Emirates, owner Josh Kroenke, managing director Vinai Venkatesham and director of football Raul Sanllehi, as reported by John Cross from the Mirror who was present at the time. He reports that the bosses have “insisted they will have to be clever in the transfer market”, and this is what Cross said in his article….

Arsenal have found themselves a hostage to fortune over a raft of big names in recent times with Ramsey, Mesut Ozil and Alexis Sanchez and are determined not to make the same mistakes again.

Arsenal are likely to have only around £40m to spend this summer – that may increase slightly if they get into the top four – but they also insisted they will have to be clever in the transfer market.

They pointed to good value deals like Greek defender Sokratis, Lucas Torreira and Matteo Guendouzi as the template for signing players for moderate fees but also offering big potential.

So it looks like the Kroenke’s stinginess in the market is going to continue for ever more, although how he squares that with his insistence that he is aiming for success and trophies for the club I am not sure. But then again, we knew through all the Wenger years that the Top Four was always the target, and hopefully a cup or two, so really nothings changed, eh?

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