There’s been a lot of misery here the past few days, so I thought today I’d carry on the good work of the Le Grove comments section in figuring out where we can shake money from as we look to recalibrate for the future.
Firstly, let’s look at the players out of contract.
- Rambo £100k
- Monreal £70k
- Cech £120k
- Welbz £100k
Those aren’t tears in my eyes, I swear to god I’m gonna hold it together.
£390k a week
Zero fee sadly. £60m down the drain there.
Then move onto where the players are that we’d very much like to sell in the summer.
- Mikhi £170k (£8m)
- Lacazette £170k (£60m)
- Elneny £60k (£15m)
- Koscielny £100k (£2m)
- Chambers £40k (£10m)
- Mustafi £90k (£25m)
- Mesut Ozil £350k per week (£0m)
£980k per week | £120m fees
I very much have my doubts we’ll hold onto Mustafi past this season, he’s at a prime age and has attracted Inter Milan in the past. Elneny is being chased by Leicester, a solid player with a great attitude. Koscielny is too old and might want to chase a 3 year deal back home, as he’s mentioned in the past. Mikhi is attracting admiring glances from Italy, it’s certainly not working out here. Chambers isn’t at the level needed at Arsenal and he’s a young Englishman.
Lacazette might upset some people, but you can’t have a £170k a week striker on the bench. He’s very exciting, he’s a brilliant player, but we need to raise funds and a goalscorer like that would be hot property.
Then there’s Mesut Ozil, who is a very big problem. The club is leaking that it’d like to move him on this Jan, just like I’m leaking to the marketing press I’d like to earn $500m a year. The reality is no one wanted him when he was on £140k a week with 3 months left on his deal, for some reason, he’s not hot these days. We’re either going to have to let him leave for nothing or come to a deal on contract termination if he digs his boots in. I was told last night that Turkey has a 15% tax on footballers, could be a good move.
I’d add in Granit Xhaka who could fetch a handsome fee. He’s no good for the Premier League because of the power and pace, but he’d be brilliant at any other European club. Could fetch £50m on open market.
Anyway, excluding him:
Potential Sales: £1.37m wages pw (£71m pa) | £120m fees
That’s a lot of money to shake off of the wage bill, and it’s a helluva lot of players to recruit inbound. But something drastic needs to happen, we have to reallign the wage bill this summer because poverty never helped anyone progress.
The issue driving of the claim is us ducking out of the Champions League at a cost of £40m a season. We’ve made £30m extra with the new Adidas deal on the table. £12m extra from The Emirates deal. £4m extra for the club level extension. There’s a new TV deal brewing. I mean, the more you look at it, the more it becomes clear that Stan will take absolutely no risk on us whatsoever. Arsenal could bet on the future and carry debt, odd that we’d be so cautious unless the exec team wanted to wait and see how well Emery performs before they throw money at his so far unclear ideas.
I’d hope that a wage recalibration will be set up so that the club generates a cash surplus each season so we could invest in players. The ultimate goal is to find names that can be sold for £100m+. That’d allow us to rock a Liverpool like jump, adding experience and truly high caliber players as we reach for the next level.
In the short term, we’ll have to promote our young players, which will come with a cost if they sign new deals. It’ll mean that we make more Torreira like bets, which means good wages not explosive ones. It’ll also give us space to bring in top talent, offering them a platform to grow their careers.
I read an interesting comment yesterday, someone said they saw the battle at the top of the club being between Emery, who wants experienced players… and Sven, who wants to bring in players like MG. I think the balance of power has to shift towards Sven. Arsenal shouldn’t be investing big money in Denis Suarez and Ever Banega. We need to find players high ceilings. I think it’s highly unlikely we’re going to win our place in the top 4 with so-so expensive journeyman. I mean, Bayern are snapping up Odoi, and Madrid bought Brahim from City (kids). We simply can’t afford to waste money on dross. The idea that we’re toying with Carrasco, a player of questionable commitment, as we struggle to come up with any ideas to motivate Mesut Ozil is baffling.
Go for Sarr or Pepe. Players who have it all to prove. Not a 24-year-old hack who binned of Atleti for China.
There’s a lot of talk about Arsenal being broke. That’s clearly not true, but it does look like Stan K has a real risk aversion with Arsenal and is not prepared to run an overdraft.
I also think we need to stop saying that the only way to solve our problems is throwing money at Emery. We hired a coach, let’s get him coaching his way out of this. Work out a way of defending better. Use the chess pieces more intelligently. Get the maximum out of the team you have.
Anyway, it looks like this summer is going to be one of the most dramatic on record. Clear the decks of dross, free up the wage bill, bring some fee through the door, and inject the club with a big hit of excitement. Follow the path of Sven, hopefully we’ll make future proof bets, regardless of what we do with the manager.
Right, now you’re damper than a swingers party mattress, tune into a quick hit of podcast with Matt and myself.