Arsenal's transfer budget cut... but £60 million remains - report

ESPN has reported that Arsene Wenger’s summer transfer budget has reportedly been cut by £10 million.

There was a little bit of uproar when news was first announced that Arsene Wenger had around £70 million to spend this summer. Amazing, considering Arsenal have publicised cash reserves of well over £100 million.

Anyone who found that news hard to take will grimace after learning that budget has been cut according to ESPN by around a further £10 million. However, every cloud has a silver lining.

What that can tell Arsenal fans is that Wenger may be able to hang onto key players who have been linked with moves away from the club, most notably Thomas Vermaelen and Lukas Podolski.

There is no doubt that Arsenal do need to make a couple of big signing in the summer transfer window, because they have been locked in a battle to secure a top four place which has previously been a formality.

Wenger needs to make a couple of signings that can get Arsenal contending with the two Manchester clubs next season, as well as Chelsea who will also come back stronger.

Wenger has always been the sort of manager who will resist bringing a player in, if he does not think that player is substantially better than the other options he has at his disposal.

Therefore, Arsenal fans should be very confident that the signings he will make could be higher profile because there are no indications that £60 million will be used for anything other than getting in a couple of superstars.

However, what casts doubt on that is the way Wenger has behaved in the transfer market ever since he arrived at the club; rarely spending tens of millions to sign a single player.

He has recently used the excuse of the club paying back stadium debts as a reason against spending but that side of the club’s finances has now been repaid in full.

The rumours over his summer budget seem to have originated in France, so you have to take this news with a pinch of salt because these are the same sources that have also suggested Wenger will leave for Paris Saint-Germain in the summer.

If the budget has been cut, it should mean that no key players are leaving Arsenal. There was never any concrete evidence that they would be going and it’s going to be another case of wait and see who Wenger brings in to improve the squad.

Whether £60 million is enough, who knows but Wenger knows the current side better than anyone else and he knows where it’s fine and where it needs improving.

How would you like to see that £60 million spent?

image: © zongo

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