Gooner News

The original unofficial Arsenal News aggregation site.

New Arsenal boss to be given ‘ extremely limited’ transfer budget over the summer

Arsene Wenger’s successor at Arsenal will have to work with an limited transfer budget of around only £50 million over the summer, according to reports.

A number of replacements have been sounded out for Arsene Wenger over the past week after the Frenchman announced he was to leave the club at the end of the season.

Amongst the candidates to take over from Wenger are former Barcelona boss Luis Enrique and ex-Dortmund manager Thomas Tuchel – both who are currently out of work. Germany manager Joachim Low is also understood to be a candidate for the job.

Whoever takes over the veteran Frenchman however is unlikely to be given a big transfer kitty to help re-vamp Arsenal’s squad.

The Gunners have spent in excess of €200 million of the past two seasons to bring the likes of Alexandre Lacazette, Pierre-Emerick Aubameyang and Granit Xhaka to The Emirates, however have seen little payback for their investments.

Arsenal currently sit sixth in the Premier League, with their only hope of winning silverware this season coming in the Europa League. They face Atletico Madrid in the second-leg of their semi-final later this week with the scores currently at 1-1.

Having a quiet summer is not a foreign entity to The Gunners however. Back in the summer of 2015, Arsenal spent as little as €26.5 million to bring both Petr Cech and Mohamed Elneny to the club – both signings which have proved to be sound investments in the seasons since.

The reported £50 million which the new manager would have to invest should prove enough to coup one major signing, as well as two to three squad players. Any other major investments would have to be funded by the sale of some of the club’s current stars.

 

 

 

 

 

Comments are closed on this article.