Although he’s only added two players to the squad this summer, and had major problems in shifting some of the ones he has deemed surplus to requirements, Arsene Wenger says he’s happy with the transfer business he’s done so far.
Alexandre Lacazette arrived for a club record £46m, while Sead Kolasinac’s free transfer from Schalke looks like a very clever deal, but with a net spend of just £24m the investment in the squad hasn’t been as great as many hoped.
The disappointing 1-0 defeat to Stoke exacerbated some of the squad’s deficiencies, but with the manager highlighting the difficulties faced by English clubs when it comes to buying players, it doesn’t sound like he’s planning much in the way of further additions.
Speaking to Viasat in Sweden, Wenger said, “I am very pleased with our market because we bought good players who can integrate with our style of play.
“That’s what we want. On the other hand, it is very difficult. Today, the prices are out of proportion. The transfer market has become very demanding today.
“There is no transfer market anymore because the price depends only on the identity of the buyer and when you are English, you have straight away 50% on the price of a player and that makes it difficult to act.”
Of course the reason for that is the fact that Premier League clubs, Arsenal included, receive massive amounts of money each season from television rights. Last season alone the club raked in almost £140m from domestic and foreign TV rights, as well as other prize money.
If that creates an imbalance in the market, that’s simply a consequence of that money, and something we and all other clubs have to live with. It’s not that the prices are necessarily out of proportion, it’s the market dictating the prices – so we have to get on board if we want to use transfers to boost the squad.
The window closes at 11pm on Thursday August 31. Let’s see what happens between now and then.
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