Arsenal - Mikel Arteta
Image credit: Getty Images
Arsenal are poised for a major summer overhaul and could spend up to £265 million in transfer fees without falling foul of Financial Fair Play (FFP) or the Premier League’s Profit and Sustainability Rules (PSR), according tofootball.london.
The Gunners are actively pursuing multiple high-profile targets as Mikel Arteta looks to strengthen his squad ahead of the 2025/26 campaign. A deal is reportedly already in place for Real Sociedad midfielder Martín Zubimendi, while talks are ongoing with RB Leipzig striker Benjamin Šeško. Arsenal also hold strong interest in Sporting CP’s Viktor Gyökeres and Real Madrid star Rodrygo.
The current supplementary transfer window introduced by FIFA to accommodate clubs participating in the upcoming Club World Cup will remain open for ten days, allowing teams like Arsenal to make early additions. The main transfer window will then officially open on June 16, with Arsenal expected to act quickly to finalise their business.
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Having narrowly missed out on signing Šeško last summer, the Gunners have returned with renewed determination. The Slovenian forward reportedly has a release clause of £92.5 million. Zubimendi, expected to be Arsenal’s first major signing of the summer, is set to cost around £51 million.
Arsenal - Martin Zubimendi
Martin Zubimendi is expected to become an Arsenal player in the coming days (Image credit: Getty Images)
Despite the potentially hefty outlay, Arsenal face no immediate PSR concerns. In February, football.london’s business of football writer Dave Powell reported that the club were PSR net positive by approximately £29 million for the 2023/24 season. Over the current three-year reporting period, Arsenal’s allowable loss is calculated at £119 million, leaving them with ample room to manoeuvre financially.
Looking ahead to 2024/25, Powell added: “Assuming the same level of allowable deductions around £42 million annually, Arsenal could lose up to £164 million before tax in the current reporting period and still remain PSR compliant.”
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Adding to their financial flexibility is the club’s run to the UEFA Champions League semi-finals, which brought in approximately £97 million in prize money and revenue. When factored in, Arsenal’s total available spend rises to an estimated £261 million.
If the Gunners were to complete deals for Šeško (£92.5m), Gyökeres (£54.4m), Zubimendi (£51m), and Rodrygo (£67.4m), the total outlay would reach approximately £265.3 million, just £4.3 million above their predicted safe spending threshold.
Such a figure would still leave Arsenal in good standing provided at least one player is sold to balance the books. Potential departures could include fringe players or those returning from loan spells.
With a clear strategy, financial headroom, and top targets identified, Arsenal are preparing for a blockbuster summer window aimed at pushing the club to the next level both in England and in Europe.
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