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Arsene Wenger's in the money as Arsenal reveal £50m transfer kitty
By ROB DRAPER Last updated at 11:23 PM on 18th September 2010
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In the money: Arsenal chief Arsene Wenger
Arsene Wenger will come under pressure to spend when the club reveal a transfer fund of about £50 million this week.
Arsenal will confirm their status as the best-run club in the Premier League as they continue to lower their £236m debt and announce an expected turnover of about £220m.
But the accounts will show that Wenger has ample funds available after another quiet transfer window, in which his only signings were Laurent Koscielny, Sebastien Squillaci and Marouane Chamakh, for an estimated total of £10 m.
A rsenal have always insisted at least 70 per cent of money made on transfers is retained in a special transfer proceeds account, which can only be spent on new players.
Read more: http://www.dailymail.co.uk/sport/foo...#ixzz0zwIcZCJ4
By ROB DRAPER Last updated at 11:23 PM on 18th September 2010
Comments (0)
Add to My Stories
In the money: Arsenal chief Arsene Wenger
Arsene Wenger will come under pressure to spend when the club reveal a transfer fund of about £50 million this week.
Arsenal will confirm their status as the best-run club in the Premier League as they continue to lower their £236m debt and announce an expected turnover of about £220m.
But the accounts will show that Wenger has ample funds available after another quiet transfer window, in which his only signings were Laurent Koscielny, Sebastien Squillaci and Marouane Chamakh, for an estimated total of £10 m.
A rsenal have always insisted at least 70 per cent of money made on transfers is retained in a special transfer proceeds account, which can only be spent on new players.
Read more: http://www.dailymail.co.uk/sport/foo...#ixzz0zwIcZCJ4
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