Home » Teams » Arsenal » Arsenal Have Extra €31.4 Million To Spend On Transfers?

Arsenal Have Extra €31.4 Million To Spend On Transfers?

When Wenger stated that Qualifying for UEFA champions league is like winning a trophy, many fans criticized him for lack of ambition. But what those fans need to understand is the financial importance of UCL qualification which made Wenger to say those words. Even qualifying for knockout stages can earn any club more than €3o million. Such is the popularity of the Europe’s most prestigious club football tournament.

Recently, UEFA have released the revenue details of all the 32 teams participated in last season’s tournament. Arsenal have earned around €31.4 Million for their European adventure. Leading the chart obviously are the last season’s winner Bayern Munich with a staggering figure of €55m. Arsenal’s London rivals Tottenham just picked up €5.4 million for their showings in the Europa League. The difference in the figure shows the importance of UCL qualification.

Arsenal board previously confirmed that they have enough money to spend cash on ready made talents in the market to increase their title chances next season. But will they use this €31.4 Million in the window? That’s highly unlikely to happen but this extra cash may actually convince Wenger to spend at least what was allocated to him in first place.

Will Wenger spend  the cash???
Will Wenger spend the cash???

Many top news sources reported that Arsenal have launched a sensational €49m bid for Liverpool striker Luis Suarez. Arsenal fans will hope that these extra funding will push the club to seal the deal for the Uruguayan star.

On other Arsenal news, reports are claiming that Arsenal winger Gervinho is on a verge to join Italian side Roma. Italian media claims that Roma director Walter Sabatini is on his way to England to finalize a move for Gervinho. And after missing out Gonzalo Bueno, Roma have been on their mark to recruit this 26-year old striker. And Walter Sabatini’s visit to North London has made the deal inevitable.

Comments are closed.