Arsene Wenger will finally dip into the vast kitty that has largely remained untouched for five windows while new signings have been funded by the sale of prize assets.
There is up to €75 million from existing cash resources available for the manager to use in January, as well as an additional €37m in the summer, when the club will receive the first instalment of the newly agreed €186m sponsorship deal with Emirates that runs from 2014.
It is believed that Wenger is so concerned at the possibility that Arsenal will not secure a top-four Premier League finish that he will sanction a major overhaul of the squad.
The manager has accepted that the current squad is not strong enough to guarantee one of the Champions League places and he will approve a series of bids which could result in an unprecedented €62m of new talent arriving at the club.
The Gunners are looking to reinforce the goalkeeping, defensive midfield, striker and attacking midfield positions and have already made moves to bring in some of their top targets, who include Crystal Palace’s Wilfried Zaha, Liverpool goalkeeper Pepe Reina and Atletico Madrid’s Adrian Lopez. Thierry Henry has also agreed to rejoin Arsenal for a third spell, on loan from New York Red Bulls.
Several fringe squad players are up for sale, including Andrey Arshavin, Marouane Chamakh, Sebastien Squillaci, Lukas Fabianski and, even Emmanuel Frimpong, which could reduce Arsenal’s expenditure.
Nevertheless, the Emirates Stadium promises to be a hive of transfer activity and, for once, Arsenal will be net buyers.
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Source: Goal
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