The Gunners welcomed Declan Rice, Kai Havertz and Jurrien Timber as permanent arrivals ahead of the 2023/24 season with David Raya later joining on loan from Brentford. According to transfer guru Fabrizio Romano, Arsenal are set to trigger the £27million buy option which will see the Spain international join on a long-term contract in June 2024.
With Everton significant punished for going above the £105million ($130m) loss budget over a rolling three-year period by nearly £20million ($24m) while Man City have 115 charges looming over their heads, Arsenal currently appear to have no such worries, however The Athletic's David Ornstein provided some clarity on the club's FFP worries with some comments that perhaps don't completely suggest all is OK.
"Judging by their most recent signing David Raya being a loan for PSR purposes, I imagine Arsenal, who have always been very diligent around this subject, are among a number of clubs sailing close to the wind," Ornstein wrote as part of a Q&A.
"As previously mentioned on here, my understanding is that once Arsenal have proper financial manoeuvrability again the first thing they are committed to doing is turn the Raya deal permanent. After that, let’s see what shape they’re in and whether creativity is needed (i.e. sales to raise funds).
"KSE (Kroenke Sports & Entertainment) has shown its willingness to invest, pretty much since taking full ownership in 2018 but, as we know, it is not as straight forward as that." Kroenke has previously been criticised for his lack of investing into the club with his focus often instead on the Los Angeles Rams.
With Ornstein and Romano both referencing the FFP impact of the Raya deal, it suggests that to be in a place where that move can already be made, there is nothing to worry about financially at Emirates Stadium. Arsenal returning to the Champions League also comes with its own monetary reward and a prolonged run competing for the top prizes will likely only alleviate any further concerns from emerging.
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