The Daily Mail claims Arsene Wenger could use £30 million to sign two players this January.
The Daily Mail has suggested Arsenal manager Arsene Wenger has £30 million to spend in the winter transfer market.
That coincides with the news from Arsenal of cash reserves reported at the end of May worth £173 million, as the Gunners publicise their obvious financial strength for another year.
“Arsenal’s financial results for the 2013-14 season, published on Friday afternoon, reveal record levels of ‘free’ cash sitting in the club’s bank account, £173.3m at the end of May, much of which should theoretically have been available - and be available - for Arsene Wenger as a transfer kitty,” reports the Mail.
“Sportsmail understands that the Arsenal manager will only have £30m to spend on players in the January transfer window.”
So why has the boss got such a small fraction of that £173.3 million amount to spend in January?
It doesn’t take into account the club’s summer spending with big money deals for Alexis Sanchez, Calum Chambers and Danny Welbeck among others all accounting for some of that cash which brings down the free cash amount.
Wenger has never made a habit of big money spending in the winter and the Mail further suggests that his intentions for using the £30 million won’t be to make a high profile, big money addition to the team.
“Club sources say that Wenger's realistic January spending would be limited to two players in the £10m to £15m price range each, with wages on top. Further spending would be sanctioned in the summer.”
That seemingly rules out bids for players such as William Carvalho of Sporting Lisbon and Marco Reus of Borussia Dortmund who the club were linked with making moves for in the summer.
Wenger could use the cash to patch up problematic areas of his squad before going after higher profile and more expensive transfer deals in next year’s summer transfer window, which would be more in line with the way he traditionally behaves.
It’s a very familiar story. Wenger has cash to spend ahead of the winter but he’s a manager who prefers to spend in the summer.