REPORTS: Arsenal owners to approve multi-millions spending spree if UCL spot is secured

Mikel Arteta’s transformation of the club’s fortunes is on in full swing. The Gunners are on the cusp of qualifying for the Champions League for the first time since 2017. They are currently fifth in the Premier League standings, two points adrift of fourth-placed Manchester United, but have three games in hand.

Arsenal owners will reportedly approve a £180 million transfer purse this summer, with the club in prime position to return to the UEFA Champions League next season.

Arteta’s shrewd transfer business has paid off. The likes of Aaron Ramsdale, Ben White and Martin Odegaard have played starring roles this season at the Emirates. Football London has reported that Technical director Edu’s intent to spend big this summer has been backed by Arsenal owner Stan Kroenke. A new striker and central midfielder at the top of the manager’s transfer wishlist.

Arteta was under pressure at the start of the season following a run of games that saw the north London outfit languishing in the relegation spots. However, the early doubts soon subsided. The Gunners started playing fabulous attacking football and dominating games, a throwback to the Arsene Wenger era.

Arteta’s rebuilding work at the Emirates could now receive a fillip in the summer. The club missed out on Fiorentina striker Dusan Vlahovic, who joined Juventus in January. but there is still a long list of forwards who could arrive at the club.

It’s worth noting that Pierre Emerick-Aubameyang joined Barcelona on a free transfer in January. Meanwhile, the club’s only two recognised strikers – captain Alexandre Lacazette and Eddie Nketiah – are in the final few months of their deal. The duo are unlikely to renew their contracts, having scored just three league goals all season between them.