By Tony Attwood
We spent £138m according to the Guardian’s calculator of such things, while receiving £44.6m excluding the undisclosed amounts for Daley Campbell, Amaechi and Jenkinson. The Iwobi figure they give is £28m – others are quoting quite a lot more, but I’ll stay with this so that I have taken all the data from the same place. That gives us an income of around £47m or £48m at most.
Taking £48m that means the nett expenditure was £90m or just about double of the higher estimate from Arsenal Supporters Trust and their hangers’ on.
FoLo is making the point we can still pick up any of the players who are out of contract and don’t have a club, under the transfer window rules, but I am not sure we would want to buy any more. Besides the “25” rules have to be kept, including the non-home grown rules – but I will leave that list for others to do later.
And just to give the comparative figures from the other members of last season’s top 6 for the nett profit or loss it was…
- Chelsea: £78.9m profit (Hazard the big sale)
- Liverpool: £28.1m profit (Danny Ings the source of most of the income).
- Manchester City £78.2m loss with Danilo being the only major source of income.
- Manchester United £70m loss with Maguire and Wan-Bissaka coming in, Lukaku going.
- Tottenham £64m loss with Ndombele being the big expense.
So at £90.4m Arsenal had a nett spend of more than any other of the top six teams. Villa has a nett spend of more – £146.3m, but then they are trying to build a team to stay in the Premier League, having just been promoted. Everton who were making a lot of noise spent £41.5m nett.
Sheffield Utd spent £44.5m and Wolverhampton £78.2m. Norwich are the only members of the promoted clubs who have not spent a fortune – £1.1m in fact. Which means they might struggle. But then if Sheffield U or Villa go back down they are going to have a lot of unloading to do or else go bankrupt. And I wonder, if Everton don’t make it into the top six (undoubtedly believing the propaganda that Arsenal are now a soft touch, with only a budget of £40m or so) they might find they have limited funds next year. (Actually I wonder if AST did Arsenal a favour by making think that Arsenal were spending nothing and would drop out of the top six?)
And this is really the point: there is ambition, but there is also what happens for next year. Arsenal were only two points away from the Champs League last season, and with Chelsea not spending money and Manchester United maybe still not having a winning manager, we stand a chance of going up at least one place just by them stepping back. With £90m of new players I think we will probably do it anyway.
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