Arsenal transfer budget: Unai Emery confirmed in the press conference yesterday that the club cannot sign players in the current window.
Arsenal are currently 5th in the Premier League table. The side has had a fairly inconsistent run of performances in December, but improved their form in the new year.
However, Unai Emery served a huge blow for Arsenal fans as the side takes on West Ham in the Premier League this weekend.
He informed in the pre-match conference that the club cannot possibly sign players on a permanent transfer. His revelation has potentially ruled out the signing of players like Yannick Carrasco and Ever Banega, until the situation changes.
However, there are still speculations that Arsenal could bring Denis Suarez on loan from Barcelona.
Football London correspondent Charles Watts has now reported about Arsenal’s probable budget ahead of the summer transfer market.
Arsenal transfer budget:
The Gunners have had an eventful transfer window in the summer last year, where the club signed five first-team stars, spending over 70m pounds on transfers.
With the signature of Pierre-Emerick Aubameyang in a 56m pounds deal and a new contract to Mesut Ozil in January last year, Arsenal’s transfer budget took a hit in this window.
At Colney for Unai Emery’s press conference, where he has admitted #afc have no money to spend on players in the January transfer window. “We cannot sign permanently,” he said. “We can only loan players. Only loan players.”
— James Olley (@JamesOlley) January 10, 2019
Back at my sportsdesk after being at Arsenal boss Unai Emery’s remarkable Colney press conference. I couldn’t believe my ears when he said he would only be bringing in loan players. A club valued at £2.2bn, No6 in Deloitte money league, who brought in £198m revenue. Scandalous pic.twitter.com/pMHNQBYioK
— Layth (@laythy29) January 10, 2019
However, Charles Watts from Football London now claims that Arsenal are most likely to have a transfer budget of 50m pounds before player sales in the summer. The budget is likely to be complimented by the new deal with Adidas.
Arsenal will have more freedom to spend after speculated departure of players like Aaron Ramsey, Danny Welbeck and Petr Cech.
Watts also reports that the club is expected to make an operating loss in the region of 60m pounds in the 2018/19 season. A major reason behind the loss is the lack of money through player sales.
The contracts of all the three players mentioned (Petr Cech, Aaron Ramsey and Danny Welbeck) will expire at the end of the season, and they are unlikely to generate a hefty transfer fee.
Earlier, this is what Emery said in the press conference:
“We cannot sign permanently. We can only loan players. Only loan players.
Unai Emery discussed transfer speculation and @aaronramsey in his press conference earlier – here’s what he said…
— Arsenal FC (@Arsenal) January 10, 2019
“I can say to you that the club is working, the club is telling me the different situations in each moment. [But] At the moment, we haven’t had any news today about that.”