Arsenal have spent heavily this summer to rejuvenate the squad under Unai Emery’s guidance, landing five new players.
The Gunners have drafted in Stephan Lichtsteiner, Sokratis Papastathopoulos, Lucas Torreira, Bernd Leno and Matteo Guendouzi over the course of recent months, as well as sealing exits for a number of fringe players.
However, despite balancing their books with a number of departures, The Telegraph states Arsenal will face issues with their wage budget until new commercial deals are agreed next summer – which could mean problems for Emery in the January window.
The signings of Pierre-Emerick Aubameyang and Henrikh Mkhitaryan saw the wage budget take a hit earlier this year, while the new contract for Mesut Ozil and planned new deal for Aaron Ramsey sees the Gunners with slim pickings in their finances.
As such, only significant outgoings in the new year will see Arsenal able to complete major incoming deals – which could prove to be an issue as the season progresses, with the Gunners battling the financial might of Liverpool, Manchester City, Manchester United and Chelsea for a spot back in the top-four.