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HomeTop NewsArsenal set enormous summer transfer budget for squad overhaul.

Arsenal set enormous summer transfer budget for squad overhaul.

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Arsenal set enormous summer transfer budget for squad overhaul.

Arsenal are ready to spend nearly £250m on at least five new signings this summer, allowing manager Mikel Arteta to reconstruct the squad following an eighth-place finish in the Premier League in 2020/21 and turn the club’s on-field fortunes around.

Arsenal will have no European football next term as a result of their lowest league finish in 25 years, but the Gunners will be entitled to make wholesale changes in the transfer market.

According to reports by 90min, Arsenal have been given the green light by the Kroenke family to spend almost a quarter of a billion on new signings ahead of the 2021/22 campaign.

The rebuild, which will be led by technical director Edu, will essentially target younger players that have the potential to improve and their value increase.

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Indeed, the development of players into more valuable assets is a significant part of Kroenkes’ willingness to spend big.

Arsenal are initially focusing their search a new goalkeeper, central defender, full-back and two central midfielders. However, with the club also keen to move some existing players on, which could additionally help boost funds, there could be more as well.

Sheffield United goalkeeper Aaron Ramsdale, Brighton center-back Ben White, Norwich right-back Max Aarons, and midfield trio Albert Sambi Lokonga, Yves Bissouma, and James Maddison of Anderlecht, Brighton and Leicester respectively are all players the Gunners are interested in.

Crucially, every one of them is younger than 25 and fits into the specific recruitment strategy. The same was also correct of former target Emi Buendia, 24, before he joined Aston Villa instead.

Several reports have revealed that Arsenal are looking to sell 30-year-old striker Alexandre Lacazette this summer rather than offer him a new deal, further highlighting the club’s plan to lower the age of the squad and ensure that players retain good potential sell-on value.

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Arsenal set enormous summer transfer budget for squad overhaul.

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