Arsene Wenger has been assured that that his budget for summer transfers will not be affected by Arsenal's UEFA Champions League exit.
The Gunners bowed out of Europe in midweek as they lost their last 16 clash 2-1 on aggregate to PSV Eindhoven.
Managing director Keith Edelman had hoped Arsenal would reach the Champions League final for a second year in succession, but he maintains the club's financial plan had accounted for an earlier defeat.
Wenger will therefore be given a considerable transfer war chest, believed to be in excess of £20million, to bolster his squad in the summer
"It will not affect the manager's budget at all. It certainly will not mean it will be cut in any way," Edelman confirmed.
"If we had gone all the way to the final it might have been increased, but the budget is set based on a exit from the first knock-out round.
"Arsene will have money he always knew he would have, regardless of the result against PSV Eindhoven.
"Of course it was a massive disappointment to everyone at Arsenal but it won't affect the financial side of things."
allentyb
ho ho ho
champion league will be ours
ho ho ho
a-Lost-9uY
uhm tok he said tat amt of $ is to clear their debts?
turbo_drift
Originally posted by a-Lost-9uY:
uhm tok he said tat amt of $ is to clear their debts?
E-yah..
pierre^^
£20million only?
judging from the way we spend with other rivals
i thought we save so much that we would at least have £100
time to cut those shareholders bonus and dividends