Emirates boss ready to splash the cash.
Arsene Wenger will have a transfer kitty of up to £45 million to spend on strengthening the Arsenal squad this summer, it can be revealed today.
Independent analysis of Arsenal’s financial results and income has confirmed that Wenger will be one of the Premier League’s most cash-rich managers during the next transfer window.
A report due to be published imminently by the respected Arsenal Supporters’ Trust will show that the club’s prudent financial dealings are beginning to pay dividends.
The club are on course to exceed the record turnover recorded for the year ending May 31 2009, not only because of an expected increase in football-generated income but also because the Highbury Square development is set to break even in the next few weeks.
Despite the difficult financial climate, the units at Arsenal’s former ground have continued to find buyers over the past 12 months and the club are confident of eventually making a £30-40m profit from their property portfolio.
Arsenal are believed to have reached an agreement for Bordeaux striker Marouane Chamakh to join in the summer, although his will be a free transfer because he is out of contract.
The Gunners have also been linked with moves for Juventus’ Brazilian midfielder Felipe Melo and Inter striker Mario Balotelli. (Goal.com)
It appears that Arsene Wenger is about to benefit from the prudent financial management in place at the Emirates. The Arsenal boss is set to spend spend spend this summer as he looks to bring in new additions that could help push the Gunners to challenge for Premier League and Champions League honours.
The north London club does not tend to splash the cash to readily but he may realise that after four silverware-less years he has to deliver and with that in mind has earmarked some top notch talent.
Felipe Melo will add a solid centre to the Arsenal midfield and the likes of Balotelli and Chamakh will add even more attacking options but Wenger has also discussed the need to add a centre back or two and many Gunners fans have suggested that a new keeper is also necessary.
Arsenal are not that far off being realistic challengers on many fronts so the club doesn’t really need a massive overhaul and probably only need a few more experienced heads to add to the masses of youthful talents to the club.