Mikel Arteta will reportedly have less than £40 million to spend in the summer

Arsenal’s summer spending is set to be on the low side as the Gunners look to rebuild their team amid a financial crisis reports the Mirror.

The Gunners have been one of the worst-hit teams following the suspension of football and they will still lose more money if the season is completed behind closed doors, and that would affect their summer spending.

The Gunners have been linked with a move for several players ahead of the next transfer window. However, they would be priced out of most deals because of their tight budget.

The club has reportedly told their staff that there would be no mega-money arrival this summer, so they can rule out moves for the likes of Thomas Partey who would cost them over £40 million to sign.

However, the club is looking to raise funds from player sales as the team expects to show some of their players the exit door.

One player that might leave and help them finance a move for other stars would be Pierre-Emerick Aubameyang.

The club captain may be sold if he decided against signing a new deal and he could net the Gunners around £30 million claims the same report.

Henrikh Mkhitaryan is also set to leave, and Arsenal wants £10 million for the Armenian. If both players are sold, then the Gunners could have a busy summer with at least one major transfer. If that doesn’t happen, Arteta will reportedly spend well below £40 million maintains the Mirror.

Tags financial budget

7 Comments

  1. Declan says:

    I’m surprised he could have that much. I’m not expecting any signings, in fact I’m not expecting any football to be played either.

    1. jon fox says:

      I don’t merely expect NO football to be played. I guarantee NO football will be played this summer in Britain.

  2. stevo says:

    Arsenal has to firstly pay the annual 30m installment for the stadium debt.
    Second they have to pay the installments on Saliba and Pepe.
    Thirdly they have to pay the mega salaries to the likes of Ozil Aubameyang Pepe Lacazette Mkhitarian Kolasinac Leno Bellerin Xhaka Socritis Mustaf Luiz Tierney Torreira. None of these players will move because salaries are set to plummet.
    Aubameyang can wait one more season on his safe 200k Arsenal salary then go on a free when finances will be better and receive a mega retirement salary at a new club.
    Even Chambers Holding+ AMN will stay until the financial market improves.
    Saka is going to want a pay rise.
    The truth is though Arsenal does not need any additions.
    Emery got EL final and almost got CL with a much weaker squad. Now with Saliba Pepe Tierney Luiz Martinelli Soares Mari Ceballos and Bellerin back Arteta has 9 more players than Emery had so Arsenal should get at least 3rd next season.

    1. Loose Cannon says:

      Stevo, all that the team needs a hair drier treatment that Sir Alex used to give at half time, a hair drier treatment every day, every training session, every match-day, every half time and every post game, until it gets into their brains that they are employees of AFC too and not here for some ramp walk. Seems that they are on the pitch for some paid “Just for laughs” gags and not more.
      And these “new” players are from the Raul era, yet no one holds him accountable for todays’s mess, and urge the club to spend more. Can anyone trust him for his decisions? Gabriel was the signing of Edu, rest all of Raul.
      Yet some blame Wenger for the mess. Wenger, was a mega mess of his own post 2010, but do not blame him for today’s mess.
      Go back to the drawing board, get the scouts that source talent like Wolves and Leicester do.Get someone who can be fix the casual attitude of most of the players. If the board had to support Emery and punish erring players, we would have been in UCL either trough top 4 or by winning the EL. Sadly, the players let him down, fans booed him and board was never with him.He stood alone.
      We have to blame ourselves for our downfall.Even with horrible teams, Lamps and Ole are doing better.

  3. Sue says:

    Have we paid for Torreira yet? As I believe his fee was in installments too..

  4. Top Gunner says:

    If Arsenal sell Auba for £30m, what calibre of striker are we gonna for the same price. Arsenal should raise funds by selling Xhaka, Ozil, Mustafi, and Torreira. Then we can biy one or two good players

  5. Liam Gallagher says:

    If anyone thinks we have a squad that is currently capable of challenging for the top 4 you are seriously deluded. Firstly the defence, none of our current defenders get into the starting 11 of the other big 5. Even Everton, Wolves and Leiecster have 2 or 3 defenders on a higher level than ours. Examples Sonyoku, Chilwell, Boly, Peiera and Sidibe. Now the joke we call a midfield. Torriera is either injured, crying or being bullied in the midfield and wants to leave. Next up Xhaka who is just to slow to be the dcm, can’t tackle and is just a pure anchor man suited to a slower league like Italy. Guendouzi and Willock are still raw and need time which I wouldn’t give to Niles who clearly isn’t at the required level to play midfield. The creative midfield is non existant and Ceballos won’t be here next season. Ruben Neves, Teleman, Maddison, Gomes and Ndidi are miles ahead of our midfield. Next up Cf, Lacazette is past it reminds me of Rooney at the end of his united career. Abameyang is world class and we should do everything to keep him. The only exciting we have is the youth and Pepe. Saka, Martinelli and Pepe could form a lethal front 3 and Saliba, Tierney and Nkietah have amazing potential but they are young. All in all our defence and midfield is nowhere near the required level.

Comments are closed