Arsenal ‘have’ to spend £70m – but how?

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Stevan JoveticIt’s not entirely clear where the £70m value attached to Arsenal’s proposed transfer kitty (or war chest, depending on your source) has come from, but it appears to have stuck.

And now, according to The Mirror, Arsene Wenger is under pressure from the Arsenal top-brass and the fans, to ensure that this money gets spent in the summer.

It appears that those in power are finally starting to understand that they can’t get away with continuing to save money whilst watching the club’s chances of success slide down the toilet.

There’s definitely money available at Arsenal this summer, though I don’t think anybody knows exactly how much. The club has a fantastic new sponsorship deal that will help keep Arsenal wallet’s stuffed for years to come and the new Premier League TV contract will also kick in next season, pumping more money into the game.

It looks like Wenger wont be able to revert to his normal tight-fisted transfer approach this summer. So how should Arsene Wenger look to spend his money?

The Mirror also claims that Stevan Jovetic is the Gunner’s number one transfer target. They suggest that Arsenal are watching him on a weekly basis and have already made enquiries.

There’s some confidence that Jovetic will end up at the Emirates this summer, but only if the Gunners finish in the top four and earn a place in next season’s Champions League.

As things currently stand, that’s no small task. Arsenal face a real battle to finish above the likes of Tottenham and Chelsea, their main rivals for a top four slot.

For Arsenal, there’s a lot at stake. They don’t have the spending power of Chelsea. They can’t afford to drop £50m on a single player. They need Champions League football to ensure that they are attracting top quality players.

And Stevan Jovetic certainly falls within that category. The talented Montenegrin is one of Serie A’s brightest sparks, with his quick feet, smart mind and direct running. He’s a flair player, who usually tucks in behind another striker and pulls the strings in front of the opponents defense.

Unlike many secondary strikers, however, he’s also capable of providing a regular source of goals.

He wouldn’t come cheap. He probably wont move to a club without Champions League football. But Arsenal should fight for his signature one way or another. He could be exactly the kind of revolutionary signing they need.

What’s your take? Is Stevan Jovetic the man for Arsenal?

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  • DavetheGooner says:

    If you take the cash balance of £123m included in the last published accounts deduct the wages and operating expenses for the remainder of the year you end up with about £40m. Add the first year instalment of the new Emirates sponsorship deal of £30m and there is about £70m available to spend. Hope the idiot leaves so that we get a decent manager to spend it sensibly!!!

  • Jimmy says:

    wenga shd bring back Song to solve da problems in da midfield

  • shakruzee says:

    Would prefer the 70 million be spent on cavani, coquelin be given an opportunity and sakho be bought those are the only additions ???? see taking us to the next level. What’s your take ?

  • mustephy says:


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