New Arsenal manager to be handed £50m summer transfer budget – report
Arsenal's next manager will have a transfer budget of just £50m this summer, according to reports
Arsenal’s next manager will have to work on a restricted budget of £50m in the summer transfer window, according to reports in the British media.
The Daily Telegraph is reporting that Arsene Wenger’s successor will only have around that amount to spend after the Gunners splashed the cash on new signings and big contracts recently.
Arsenal signed both Henrikh Mkhitaryan and Pierre-Emerick Aubameyang in the January transfer window, after having broken their transfer record to land Alexandre Lacazette from Lyon last summer.
The Gunners also tied down Mesut Ozil to a new long-term contract earlier this year, meaning that the north London side do not a huge transfer budget heading into the summer window.
Wenger confirmed that he will be stepping down as Arsenal manager at the end of the season to bring an end to his 22-year reign at the north London club.
The north London club are yet to appoint his successor, but the same report says that former FC Barcelona manager Luis Enrique remains as a strong candidate.
According to the same article, Max Allegri, Mikel Arteta, Leonardo Jardim, Julian Nagelsmann and Joachim Löw are among the other leading options for next Arsenal manager.