Connect with us

Arsenal FC

Arsenal Lack of spending exposed by new financial analysis

Published

on

All Arsenal transfers have been paid for from their earnings over the last five years.

New financial reports that cover the aforementioned period have shown that majority shareholder Stan Kroenke has not invested a single pound into the club for incoming deals.

Gunners supporters have shown frustration during the reign of Kroenke in the past, but some would have been pleased by the recent capture of Gabriel as well as Nicolas Pepe, William Saliba and Kieran Tierney last summer.

It have now emerged that all of those deals were funding by the club’s own earnings, and were not directly connected to any single investment made by their billionaire owner.

The report, which revealed that Manchester United have paid their owners £89m in that time, also showed that seven clubs have been handed £100m more than Arsenal by their own owners.

Swiss Ramble found that seven clubs have benefited from more than £100m funding from their owners in the aforementioned period, who are Chelsea with £440m, Everton with £299m, Aston Villa with £193m, Fulham with £186m, Brighton with £160m, Manchester City with £142m and Wolves with £131m.

Arsenal look to recoup some cash as they prepare to sell Emiliano Martinez to Villa, which could help them further their pursuit for either Thomas Partey from Atletico Madrid or Houssem Aouar from Lyon.

Mikel Arteta was asked about his plans are for the final three weeks of the window, and took to chance to state that things he has been reading about the future of certain players is wide of the mark.

He said: “I don’t know. I am not going to discuss here what the things that happened internally.

“But a lot of the things they have been writing, I can tell you they are not true.”

Josh Kronke is the heir to the Walmart family and to Kroenke Sports & Entertainment

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Copyright © 2020. Footballsocial