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."