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Arsene Wenger To Be Handed £50M Transfer Budget
Reports are out claiming that Arsenal will hand manager Arsene Wenger around £50 million. The Gunners released their latest financial figures for the six-month period ending November 2014, revealing a £12.6m increase in turnover to £148.5m and a £93.7m investment in the squad last summer. The London Evening Standard reported that Wenger will now be given around £50million to spend in January as a result of the club continuing to grow regardless of previous expenditure and underlines their position of strength in the transfer market. Sir Chips Keswick, the club's chairman, said in a statement: “On the field, the team has produced some strong results and the squad is looking fit and...
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