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Arsenal are being tipped to spend big in the next two transfer windows.
BBC journalist David Ornstein believes there is no reason Arsenal shouldn’t be active in the winter transfer window. The respectable journalist who has built a credible reputation says the Gunners have saved enough funds for the next two windows.
Ornstein explained why Arsenal made just two signings this summer. He said the salaries of the two arrivals Alexandre Lacazette and Sead Kolasinac ate into the club’s transfer budget to the extent that there was no much funds left to spend.
Revenues generated from player sales have been safeguarded for future transfer windows.
“My information is that they spent over £50m on the transfer fee of Alexandre Lacazette, a club-record signing,” he said.
“When you factor in his salary, a reported £200,000-a-week and the salary of Sead Kolasinac, the left-back who joined on a free transfer, then that eats into a fairly large chunk of that sort of £100-150m.
“You then may ask, where did the money from Oxlade-Chamberlain go?
“I’m told some of that money has gone to Southampton, who were his previous club, were owed a sell-on fee.
“But also they are said to be ‘safeguarding’ money, leaving money aside for the next two transfer windows, January and next summer.
“So whilst there is a bit of money left at Arsenal, there was no more money for major signings.”
Arsenal’s £92m bid for Thomas Lemar on transfer deadline day confirms Ornstein’s claims that the club has money. it is true that Sanchez’s exit would have freed up space on our wage bill and provide more money to pursue a move for Lemar but for the club to have put up such mammoth offer, it means there is a lot in the bank.
My worry is that Wenger hardly makes a January signing, so why would he deviate from the normal this time around.
Again, very few quality players would be available in January and it will be difficult to attract players that will improve us, making the winter an unfavorable period to do big businesses.