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Mikel Arteta makes an offer to start an Arsenal overhaul this summer, but the Gunners face a testing time as they battle the effects of the coronavirus.
Football boss Raul Sanllehi told staff in a conference call last week that budgets would be tight for the summer and that major deals would be unlikely to be made in the Emirates.
The uncertainty surrounding the Premier League is playing its part.
They posted losses of almost £ 30 million last year and various sources of revenue have stopped. The club’s £ 240 million annual salary bill represents 60 percent of turnover.
The gaming team has already accepted a 12.5 percent pay cut to help with matters. Club executives have also cut more than a third of their annual salaries.
And Arsenal have been warned that they will lose huge sums in revenue if the Premier League stage is held behind closed doors next season.
(Image: Arsenal FC via Getty Images)
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The Arsenal Supporters’ Trust (AST) reported in its findings that the club’s finances As a result, it would be £ 144 million worse, even with revenue from European competition and streaming deals.
However, they are far from being sure of being in Europe in the 2020-21 campaign; Arsenal are eager to play the rest of the current season, as long as it is safe to do so, but are currently sitting outside of European venues.
Given that UEFA wants next season’s participants in European competition to have earned their place through “sporting merit”, the Arsenal club ratio and more than 20 years of successive action on the continent mean little.
Chief Arteta wants to get stronger and there has been a genuine interest in Atlético Madrid’s Thomas Partey, but that deal seems impossible with the Spanish club wanting to pay its £ 43 million release clause, unless he signs a new deal, which is completely out of budget.
Arsenal have also been monitoring Reims defender Axel Disasi and Dayot Upamecano of RB Leipzig; Like Partey, the latter would be too expensive, with the German side valuing it at over £ 50 million.
Budgets are tight, and the club also faces paying for the next installment of last summer’s club record signing Nicolas Pepe.
(Image: REUTERS)
Pepe’s transfer was worth £ 72 million, but only £ 20 million went to Lille in advance, with another £ 13 million due this summer.
A deal has already been made for William Saliba, and the next installment will have to pay Saint-Etienne.
He arrives and joins a play team where the fat needs to be cut. As Arteta seeks to make his mark, multiple players are likely to be eliminated.
Mirror Sport revealed on Sunday that negotiations have already begun to make Henrikh Mkhitaryan’s loan in Rome permanent. Arsenal want £ 10 million, but Rome is looking to pay less.
(Image: SIPA USA / PA Images)
Bukayo Saka’s rise and Kieran Tierney’s return mean that Sead Kolasinac could go if the right offer arrives, provided Saka can be persuaded to make a new deal. Shkodran Mustafi and Sokratis are available if the price is right, while Matteo Guendouzi is not as confident with Arteta as with Unai Emery.
The question is if there is a market for any of them.
Alexandre Lacazette represents perhaps the club’s most valuable expendable asset, Arteta has sometimes preferred Eddie Nketiah, and Atlético de Madrid has been previously linked.
Mesut Ozil is again in favor of Arteta, but he only has one year left on his contract. However, the German shows little willingness to start early, even if an offer is submitted.
Decisions need to be made on borrowers Dani Ceballos, Pablo Mari and Cedric Soares, the latest pair available for £ 8m and nothing, respectively.
But the most important decision of all relates to Captain Pierre-Emerick Aubameyang.
The top scorer has only one year left on his contract in North London and is eager to play in the Champions League. Barcelona and Inter Milan are interested, despite their own problems.
Arsenal is in no position to allow a £ 50-60 million player to walk away for nothing in 14 months, however Gabon’s hitman is his most likely route to success on the field.
While soccer may have closed on the field, difficult behind-the-scenes decisions don’t just extend until when the game starts again.
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