The reason why Wenger renewed? This could be big for transfer market

Arsene Wenger at Training - 18/02/2014

Arsenal could be major players in the summer window, says Arsene Wenger, in the latest transfer news.

Arsenal could be major players in the upcoming transfer market.

Last summer, Arsene Wenger announced a club record coup as the £42.4 million acquisition of Mesut Ozil was unveiled toward the end of the window. 

Just last week, Wenger had been told by the club's board that he would have permission to break that record again when the market reopens for trading and, now that the Frenchman has committed to a new three-year contract extension, he will be able to focus on strengthening his roster of FA Cup winning players.

Wenger told the Guardian: "I want to stay and to continue to develop the team and the club. We are entering a very exciting period. We have a strong squad, financial stability and huge support around the world. We are all determined to bring more success to this club."

The FA Cup success was Arsenal's first taste of glory for nine years and there was speculation over whether Wenger would retire, or move to a new managerial position in a different country, however, the 64-year-old is now tied down unit 2017 but could the reason he was so willing to renew terms be down to what may be lying on the horizon?

Arsenal have been linked to an abundance of elite-level talent ahead of the summer transfer window including the likes of Mario Balotelli, Cesc Fabregas, Serge Aurier and even the potential re-signing of Alex Song.

"We know we have to have a successful June and July, that’s where you strengthen the team," said Wenger in a clear statement that the club would be undergoing an imminent recruitment policy.

"It’s very important that we are good now in the next two months until the end of August, that we can give to the team some more quality and go into next season with the belief we got from [the FA Cup] win."

On transfer strategy specifically, he said: "We work very hard on a market that is very, very congested with many people who have a lot of money but we have a big advantage, players want to join us and if we find the right quality I’m sure we can strengthen the team."

Arsenal chairman, Sir Chips Keswick, echoed Wenger's statement on the club's official website: "He has established Arsenal for its exciting playing style around the world, continues his commitment to young players and has the ability to bring top-class players to the club.

"I have no doubt we have an exciting future ahead of us with him leading the team."

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