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If Arsenal only had a £45m budget, how did they spend over £100m" Swiss Ramble explains

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If Arsenal only had a £45m budget, how did they spend over £100m" Swiss Ramble explains If Arsenal only had a £45m budget, how did they spend over £100m" Swiss Ramble explains

If Arsenal only had a £45m budget, how did they spend over £100m" Swiss Ramble explains






Arsenal’s summer activity
Whisper it quietly, but Arsenal fans are relatively happy at the moment.
That’s an enormous change from the mood around the Emirates Stadium in recent years.
Unai Emery improved Arsenal’s squad considerably in the summer with several signings.
Kieran Tierney and David Luiz joined the Gunners on transfer deadline day.
While, before that, Nicolas Pepe, William Saliba and Gabriel Martinelli all agreed permanent moves to the club.
In addition, Dani Ceballos joined Arsenal on loan from Real Madrid.
Who left Arsenal"
Stephan Lichtsteiner and Petr Cech left Arsenal after their contracts expired.
Similarly, Aaron Ramsey and Danny Welbeck joined Juve and Watford respectively as free agents.
With regards to sales, Alex Iwobi’s move to Everton was the highest-earning deal.
However, Arsenal also raised funds by selling Laurent Koscielny, David Ospina, Carl Jenkinson and Takuma Asano.
So how did Arsenal balance their books"
Throughout the summer, Arsenal fans were told that the club only had 45 million pounds to spend on new players.
Yet, the Gunners appeared to end up spending over 100 million pounds on acquisitions.
On Tuesday, the excellent Swiss Ramble has delved into Arsenal’s finances and transfer activity.
Swiss Ramble on Arsenal
Below is a detailed explanation as to how Arsenal balanced their books this summer.

In fairness to the club, they never agreed with the low budget figure. #AFC managing director Vinai Venkatesham explained, ?The number never came from us. We never ever, ever talk about how much money we have to spend, because that?s the least helpful thing you can do.? — Swiss Ramble (@SwissRamble) August 13, 2019

Similarly, #AFC had player sales of £64m (including £7m add-ons), mainly Alex Iwobi £34m, Krystian Bielik £10m, Laurent Koscielny £5m and David Ospina £3m. Also picked up useful money for selling some Academy products plus a £4m sell-on for Bennacer?s move from Empoli to Milan. pic.twitter.com/K5tMlVNyMy
— Swiss Ramble (@SwissRamble) August 13, 2019

The question I am most often asked is how much a club can spend, but this is almost impossible to answer, given the numerous different definitions of a ?transfer budget?. Here, we shall look at 10 (ten) possible definitions for #AFC to show that there is rarely a single figure.
— Swiss Ramble (@SwissRamble) August 13, 2019

Then we have the infamous net spend, i.e. the cost of player purchases less proceeds from player sales. On this basis, #AFC spent £78-79m, depending on whether add-ons are included or excluded. pic.twitter.com/1fJ0c2rusl
— Swiss Ramble (@SwissRamble) August 13, 2019

On the other hand, #AFC would also not have received the entire £64m due from player sales this summer. Again, we can estimate the cash receipts at £23.5m. pic.twitter.com/IsXQAlunbg
— Swiss Ramble (@SwissRamble) August 13, 2019

To be clear, paying transfers in instalments is nothing new at footb...


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Fuente de la noticia: 101greatgoals-arsenal
Fecha de publicación: 13-08-2019 12:46
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