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Arsenal could spend £200m this summer without repercussions

The summer transfer window is now open, at least temporarily, and Arsenal can spend big without having to worry about PSR.

arsenal fc v fulham fc premier league 4

Photo by Justin Setterfield/Getty Images

The first of two summer transfer windows opened on Sunday morning, with player registrations now possible for the next nine days or so.

The window will close again on June 10th, before reopening on June 16th. This early additional June window is simply to allow transfers ahead of the Club World Cup, though all other clubs are eligible to move players around too.

Arsenal have a lot of work to do this summer, regardless of which of the two windows they do it in. But the good news is that the club have some financial flexibility.

LONDON COLNEY, ENGLAND - APRIL 28: Mikel Arteta, Manager of Arsenal, looks on as he speaks to the media during a press conference ahead of their UEFA Champions League 2024/25 semi final first leg match at Sobha Realty Training Centre on April 28, 2025 in London Colney, England. (Photo by Alex Davidson/Getty Images)

Photo by Alex Davidson/Getty Images

Kieran Maguire tells the BBC that Arsenal “could easily spend over £200m in the [summer] window and have no PSR concerns”, adding “if a striker is not signed it cannot be blamed on PSR”.

The Gunners are in a strong position due to three consecutive second-place Premier League finishes, in addition to a long Champions League run to the semi-finals and plenty of money-boosting European wins along the way.

Homegrown sales of players like Emile Smith Rowe and Eddie Nketiah represent “pure profit” to offset expenditure, and given PSR operates on a three-year basis, those transfers continue to help this summer too.

LONDON, ENGLAND: Eddie Nketiah of Crystal Palace celebrates scoring his team's fourth goal during the Premier League match between Crystal Palace FC and Aston Villa FC at Selhurst Park on February 25, 2025. (Photo by Richard Pelham/Getty Images)

Photo by Richard Pelham/Getty Images

Knowing Arsenal, that’s not going to lead to reckless spending. The Gunners have shown over many years that they’ll act cautiously even when a bit of recklessness is probably advised.

But it’s certainly necessary to sign a striker, and the club evidently have the funds to do it. As Maguire highlights, there can be no excuses for failure on that front.

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