Arsenal boss Mikel Arteta has delivered an update on the club's Financial Fair Play situation.
Last summer the Gunners spent more than any other Premier League club, bringing in six first-team players for over £140 million combined. Technical director Edu has been extremely busy again this summer, splashing in excess of £110 million on five signings to help bolster Arteta's squad for the 2022/23 campaign.
This kind of spending combined with the lack of many transfer fees received for departing players has resulted in UEFA putting the north London club on their Financial Fair Play watchlist, according to The Times. However, Arteta has now downplayed talk of his side breaching any rules, claiming that the club's business during the remainder of the window won't be impacted by any FFP worries.
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Speaking ahead of Saturday's clash against Fulham, the Spaniard said: “We are compliant and have heard nothing so I don’t know what that is.” The former Manchester City assistant coach was then asked if it would have any bearing on potential incoming, to which he replied: "No, I think the club has been very disciplined all the time and with a very clear vision of how we want to do things, the limitations we have and how we have to deal with things. In that case, nothing changes.”
Wolves winger Pedro Neto is Arsenal's transfer priority for the remainder of the window, as per The Athletic, although the 22-year-old still has five years remaining on his contract at Molineux - making a deal appear difficult with less than one week before the transfer window slams shut.
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