Mikel Arteta has dismissed suggestions that Arsenal’s spending could fall foul of Uefa’s Financial Fair Play rules despite The Times claiming earlier in the week that the club are on the governing body’s ‘watch list’.
While it’s true that Arsenal’s net spend over the last three summers, coupled with the financial ramifications of the Covid-19 pandemic, have resulted in huge losses, the boss insists the club’s bean counters have the situation under control.
“We are compliant and we have heard nothing, so I don’t know where that has come from,” said Arteta on Friday.
The Spaniard also maintains that Arsenal’s future ambitions in the transfer market, whether that be in the next week or beyond, are not be affected.
“No, I think the club has been very disciplined over time and with a very clear vision how we want to do things, the limitations we have and how we have to deal with things. In that sense, nothing changes.”
Just to make clear, that doesn’t mean we’re currently in a position to throw silly money at Wolves for Pedro Neto. There are still parameters within which we’re operating, we’re just sailing closer to the wind than in previous years.
For those looking to better understand Arsenal’s financial situation, we point you in the direction of this thread by football finance expert @SwissRamble.
Arsenal fans will be delighted with the team’s good start to the season, so are probably unconcerned about the financial implications of their player recruitment, but it is maybe worth looking at whether there will be any issues with Financial Fair Play (FFP) regulations #AFC
— Swiss Ramble (@SwissRamble) August 22, 2022