Arsenal managing director issues summer transfer update

Arsenal's managing director Vinai Venkatesham says the club will reinvest money in the squad this summer

Transfer Agent
By Transfer Agent
Unai Emery
Arsenal manager Unai Emery (Photo: Screengrab)

Arsenal’s managing director Vinai Venkatesham has insisted that all money generated will be reinvested in the north London club.

The Gunners are likely to be linked with a host of players this summer as they look to strengthen their squad ahead of next season.

It ended up being something of a disappointing campaign for the north London side, as they missed out on a top four finish and ended up in fifth place in the table.

Arsenal still have hope of ending the season on a high by beating Chelsea FC in the Europa League final next week and securing qualification for next term’s Champions League.

Attentions will then turn to the summer transfer window and the plans the north London side have for strengthening their squad.

Now, managing director Venkatesham has moved to reassure fans that the club will be reinvesting all of their revenue on taking the team forward.

Speaking in an interview with Sky Sports, Vinai Venkatesham said: “They [the owners] know we’re not going to go from where we are at the moment to delivering our ambition overnight, and they know that there’s going to be a whole load of work along the way to get there.

“Stan and Josh and their direction is quite simple: every single penny that we generate as a football club is available for us to invest against achieving that ambition, and that is the maximum that we can ask from our owners because that is the maximum allowed through the financial fair play rule.”

Arsenal have missed out on a top-four finish in the Premier League for the last three seasons running.

They will take on Chelsea FC in Baku in the Europa League final next Wednesday night.

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