Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Football London
Football London
Sport
Josh Holland

Stan Kroenke Arsenal transfer promise revealed as $247m prediction made

Arsenal owner Stan Kroenke will back Mikel Arteta in the transfer market this summer to take the club to a "different level", sporting director Edu Gaspar has confirmed.

The Gunners took Manchester City to the wire in the Premier League title race this season. A difficult April resulted in the north Londoners falling short and eventually finishing five points behind the champions.

Arsenal's focus is now on the summer transfer window - which opens on June 14 - to make the necessary upgrades to Arteta's squad ahead of the 2023/24 season. It's reported that Arsenal will have a budget of £200million to spend on new signings, with another midfielder, a defender and possibly another forward on the agenda.

READ NEXT: Arsenal secure vital $90m transfer advantage over Chelsea with Declan Rice windfall

football.london understands that West Ham star Declan Rice is the priority at London Colney, while Brighton's Moises Caicedo remains on the club's radar.

Work behind the scenes has been underway for sometime between Arteta and Edu. The duo will receive the backing from the Kroenke Sports & Entertainment, Kroenke's company that owns his sports teams.

Kroenke was last spotted at the Emirates Stadium in the 3-1 win over West Ham in December, while his son, Josh, was at the 5-0 win over Wolves on the final day of the season.

"There is still a lot to do," Edu said. "We see our squad with a margin to improve. There are different levels of football we can go to as well and we are really excited to start next season as well, because we know where we are.

"We know probably what we need to go for a different level. We receive a lot of support from the board to do what we plan to do.

"And then, let's face the summer and see how we are going to finish that to improve our squad."

READ NEXT:

Liverpool confirm transfer deal that poses Arsenal problem in Mason Mount and Declan Rice race

Chelsea lose out on $148m jaw-dropping deal opportunity as Man City and Arsenal take advantage

Folarin Balogun has three Arsenal options including Mikel Arteta task and Champions League move

USMNT make major decision ahead of Gold Cup amid Folarin Balogun and Christian Pulisic call

Transfer news LIVE: Manuel Ugarte and Declan Rice latest as Liverpool open Manu Kone talks

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.