Tweet
Wenger's summer transfer fund cut to £13m by prudent Arsenal board
By Rob Draper
Last updated at 4:06 PM on 17th May 2009
Arsene Wenger's summer transfer budget has been slashed to £13million by the board in a move that is likely to infuriate already iriate Arsenal fans.
Wenger, whose team last won a trophy in 2005, was given the news shortly before the noisy exchange with shareholders last Thursday, in which many fans questioned the manager's judgment for the first time in his 13 years at the club.
Hard times: Arsenal's manager Arsene Wenger
More...
Wenger, who expected at least £15m, is now limited in the players he can bring in - and it is essential that the club receive at least £20m from AC Milan or Chelsea for striker Emmanuel Adebayor.
Any income Wenger can raise from sales will be added to his transfer fund. Some additional money, on top of the £13m, has also been allocated to complete the re-signings of Cesc Fabregas and Robin van Persie.
Both players are expected to sign four-year contracts with Arsenal this summer and Fabregas is likely to command a £3m signing-on fee.
Wenger's priority is for a centre-half, with 24- year-old Juventus defender Giorgio Chiellini one of the candidates under consideration. A striker would be brought in to replace Adebayor.
By Rob Draper
Last updated at 4:06 PM on 17th May 2009
Arsene Wenger's summer transfer budget has been slashed to £13million by the board in a move that is likely to infuriate already iriate Arsenal fans.
Wenger, whose team last won a trophy in 2005, was given the news shortly before the noisy exchange with shareholders last Thursday, in which many fans questioned the manager's judgment for the first time in his 13 years at the club.
Hard times: Arsenal's manager Arsene WengerMore...
- Manchester Utd 0 Arsenal 0: The longest 90 minutes in history
- I feel like a killer: Lay off, says Wenger as Arsenal fans blast trophy famine
- Arshavin talks to Martin Samuel: Outspoken Arsenal star on 'scary' Wenger, the United 'machines' and 'boring' Chelsea
Wenger, who expected at least £15m, is now limited in the players he can bring in - and it is essential that the club receive at least £20m from AC Milan or Chelsea for striker Emmanuel Adebayor.
Any income Wenger can raise from sales will be added to his transfer fund. Some additional money, on top of the £13m, has also been allocated to complete the re-signings of Cesc Fabregas and Robin van Persie.
Both players are expected to sign four-year contracts with Arsenal this summer and Fabregas is likely to command a £3m signing-on fee.
Wenger's priority is for a centre-half, with 24- year-old Juventus defender Giorgio Chiellini one of the candidates under consideration. A striker would be brought in to replace Adebayor.
Paul Marin -19 is one thing, 20 is a whole other matter. It gets even worse if they win the UCL. *groan*. 
05/18/2011.MU fans naah cough, but all a unuh a vomit?-Lazie 1/11/2015