New Arsenal boss Unai Emery is set to face ‘significant restrictions’ over the next year, with the club’s wage structure beginning to creak.
The Gunners have embarked on their first season in over two decades with a new manager in the dugout following the departure of Arsene Wenger at the end of last season.
Wenger’s replacement Unai Emery has already set about rebuilding the squad that has so often fallen short in the Premier League, with Stephan Lichtsteiner, Sokratis Papastathopoulos, Lucas Torreira, Bernd Leno and Matteo Guendouzi having arrived at the Emirates this summer.
However, the Telegraph is reporting that any further squad improvements in January could have to be funded by player sales, with the club’s wage bill now running at a record high of over £200 million annually.
Despite having offloaded the likes of Jack Wilshere, Santi Cazorla and Lucas Perez this summer, the Gunners have splashed the cash in recent transfer windows, bringing in Alexandre Lacazette, Henrikh Mkhitaryan and Pierre-Emerick Aubameyang, as well as handing Mesut Ozil a lucrative new deal worth a reported £300,000-a-week.
They also want to tie Aaron Ramsey down to a new contract, meaning that Arsenal’s finances could be severely stretched until next summer when they are expected to be able to renegotiate a number of their commercial deals.
Arsenal are expected to change shirt suppliers from Puma to Adidas, which could provide an annual increase of around £20 million, while improved terms with their main shirt sponsor Emirates, as well as the newly revealed sleeve sponsor could bring in similar numbers.