
Even in a time of extortionate inflation in the United Kingdom, it was eye-catching when a Spanish man in north London agreed to pay £105m for Rice and £36m for Timber; Declan Rice and Jurrien Timber, admittedly, and if the midfielder’s price ranks among the highest ever forked out by a Premier League club, the Dutch defender has the potential to look a relative bargain for Arsenal.
But each, like Kai Havertz, is a testament to Mikel Arteta’s expensive ambition; to his relentless drive and his permanent restlessness, too. Arsenal’s summer spending will soon top £200m. Their outlay over last season’s two transfer windows came to around £170m, while the summer of 2021 amounted to about £150m in fees alone. None of which even makes Arsenal the biggest spenders in the capital, and if Chelsea still have the air of an anomaly, there is also a cost to competing with the Manchester clubs, Liverpool, Tottenham and now Newcastle. And as Arteta inherited a team in mid-table, he was starting from a low base; there was a greater need for rebuilding.