Arsenal fans stunned by reports of £50m transfer budget

In this day and age, if a football club do not spend big in the transfer window, particularly in the summer, then they are going to get left behind by their competitors.

Arsenal have splashed the cash on hefty transfer fees in the past, but reports have emerged claiming that the North London outfit will have little to spend in the coming months.

According to The Telegraph, Arsenal will have a budget of around £50m for new signings due to the fact that they have handed over three bumper contracts to players and broke the club transfer record twice in the past year.

Given that the likes of Manchester City, Chelsea, Manchester United and Liverpool are likely to spend well in excess of that amount, it has left some Arsenal fans worried.

Although, others believe that reports of this nature prove that there is a media agenda against the Gunners.

Arsenal will have a new manager at the helm next season following Arsene Wenger’s resignation, but it seems like whoever takes the job will have to work with what he already has in the playing squad, unless money is made from sales.