Arsenal have £200m in a bank and are prepared to authorise big spending on transfers this summer, according to Arsenal director Lord Harris. The club would be prepared to break its £42m transfer record.
The actual transfer budget for the summer is £50m. There is no doubt that the club’s financial transfer position has improved since the greater part of the costs of the move to the Emirates was met.
Arsenal have £200m in a bank and are prepared to authorise big spending on transfers this summer, according to Arsenal director Lord Harris. The club would be prepared to break its £42m transfer record.
The actual transfer budget for the summer is £50m. There is no doubt that the club’s financial transfer position has improved since the greater part of the costs of the move to the Emirates was met.
Arsene Wenger is, however, always cautious when it comes to transfer spending. However, it is all too easy to splash out money in haste and regret it afterwards when a star player fails to deliver or fit in with the rest of the squad.