Arsenal have renewed their £70m credit facility with Barclays bank, according to documents submitted to Companies House last week.
The Premier League leaders submitted the "registration of a charge" form on December 23, with the potential borrowings secured against guaranteed future broadcasting income. But supporters taking it as a hint towards a possible splurge in the January transfer window as Mikel Arteta's team seek to maintain their title push should not get too excited.
The renewal does not mean that the club is borrowing the £70m, merely that an agreement is in place to loan up to that amount in the next 12 months should the club, for example, face a rainy day or be presented with an investment opportunity that had not been initially budgeted for. Such credit facilities are common across the game.
