FFP Given As Reason For Limitations
Arsenal manager Unai Emery will only have around £40million to spend in the transfer market this summer.
The Gunners boss was only able to sign Denis Suarez on a loan move from Barcelona in the January transfer market. There was no money to sign the Spanish midfielder – or anyone else – on a permanent basis.
According to the Daily Mirror, Arsenal have just £40million to spend this summer. That follows a £70million spend in the summer 2018 transfer window.
The report claims that Arsenal are insisting part of the reason for the limited budget is a need to fall in line with the Premier League’s rules on wages and transfers. They are already up to their limits and are in danger of breaching Uefa’s Financial Fair Play regulations.
The report doesn’t specify whether or not those restrictions would still apply if the Gunners qualified for the Champions League next season. Presumably they wouldn’t. Qualification would boost the coffers by around £40million. But the Gunners are currently in sixth place in the Premier League table and are outsiders to make a top-four spot.
Suarez will cost Arsenal between €25million and €30million (£22-26million) if they want to make the deal permanent leaving them with less than £20million in their transfer kitty as things stand.
Gunners Watching Leipzig Defender
Meanwhile, reports from Germany claim Arsenal are keeping tabs on the RB Leipzig central defender Ibrahima Konate.
Sport Bild believes the Gunners are one of three Premier League clubs – along with Chelsea and West Ham United – that are watching the 19-year-old.
Kontate moved to Leipzig from French side Sochaux in 2017.