Eight departures could fund five additions in huge Arsenal overhaul

Oli Fisher
Ozil Mkhitaryan Arsenal

Arsenal are ready to ship out a number of players this summer in order to free up their wage budget, according to a report.

The Gunners look certain to miss out on the top four this season, meaning that qualification for the Champions League has become dependant on them winning the Europa League.

Failure to do that would mean three consecutive seasons outside of Europe’s elite club competition, and Goal.com claim that could have serious financial implications for the north London club.

They state in a report that Arsenal’s 2017-18 financial performance ‘saw a £40million drop in revenue from 2016-17’, and that the vast majority of that was due to not being in the Champions League.

The wage bill meanwhile rose from £200m to £235m, although the sales of Theo Walcott, Olivier Giroud and Alex Oxlade-Chamberlain helped cover this.

Budgetary restraints meant that Unai Emery was only able to bring in Denis Suarez on loan from Barcelona in January when the side arguable desperately needed more reinforcement, and now the Spaniard may see his squad become even thinner.

Goal state that Stephan Lichtsteiner will be allowed to leave the club this summer as he will not be offered a new deal, while they also want to sell Carl Jenkinson and Mohamed Elneny.

Meanwhile, the Gunners are apparently ‘encouraging offers’ for Shkodran Mustafi and Henrikh Mkhitaryan, with the latter on a weekly wage of around £180k.

Arsenal are also keen on shifting Mesut Ozil and his £350k-a-week wages, but they know that will be a very difficult task given the player’s happiness in London.

Finally, Calum Chambers and Emiliano Martinez will have their futures decided having spent the season out on loan, and the eight possible departures will be used to boost the summer budget.

The club reportedly want as many as five new players to arrive this summer, with Brazil starlet Gabriel Martinelli described as a ‘done deal’, and Nicolas Pepe mentioned as a possible big-name target.

 

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