News

Latest Arsenal news today as Stan Kroenke handed £594m boost amid transfer budget reveal

Add as preferred source on Google

Catch all the latest Arsenal news, including updates on Stan Kroenke, club value, summer transfer budget and Viktor Gyokeres.

The summer transfer window is now open for the first time, with clubs now able to register their new signings.

Arsenal are yet to make one, though there is an expectation that Martin Zubimendi will be their first signing of the market.

Beyond him, there is hope that the Gunners will strengthen, while other stars are out on international duty, too.

So, with that said, here’s a look at the latest Arsenal news ahead of another busy day.

Stan Kroenke handed £594 million boost at Arsenal

Arsenal owner Stan Kroenke has been handed a potential boost as the club’s value has skyrocketed over the past year.

That’s according to Forbes and the latest rich list for football clubs, which has seen the Gunners rise up to eighth in the world.

Stan Kroenke and Josh Kroenke look on during an Arsenal match
Photo by Catherine Ivill – AMA/Getty Images

Arsenal are now worth $3.4 billion (roughly £2.5 billion), a 31% increase on last year and a boost of around £594 million.

That figure has seen the North London club leapfrog their rivals, Tottenham and Chelsea, in the process.

Read more on Arsenal’s club value.

How much Arsenal can spend this summer transfer window

Arsenal’s summer transfer plans are shaping up nicely as the Gunners prepare to enter the market with plenty of options on the cards.

With Martin Zubimendi set to cost £51 million from Real Sociedad, questions have arisen about how much there is to spend in the weeks ahead.

Fortunately, according to finance expert Kieran Maguire, there is set to be as much as £200 million available to the hierarchy to spend.

Speaking to BBC Sport, he said: “As the most profitable club in Premier League history, Arsenal could easily spend over £200 million in the window and have no PSR concerns. So if a striker is not signed, it cannot be blamed on PSR.”

Read more on Arsenal’s transfer budget.

Napoli join Arsenal in transfer race for Viktor Gyokeres

Arsenal’s interest in Viktor Gyokeres is well documented, but they face several potential challenges in getting a deal over the line.

That includes rumoured interest from elsewhere, as Napoli look set to join the race for the Swedish international.

That’s according to The Mirror, which reports that Antonio Conte is keen on bringing Gyokeres to the Serie A winners.

Read more on the latest Viktor Gyokeres transfer news.