Arsenal's spending under Mikel Arteta is approaching £900m overall and could surpass that mark if Eberechi Eze joins, taking this summer's outlay to roughly £250–270m including add-ons. Arteta has managed Arsenal since December 2019 and is among the longest-serving managers in England's top divisions. Arsenal finished second in the Premier League for three consecutive seasons and reached the Champions League quarter-finals and semi-finals in successive campaigns. The club has spent over £80m in each of Arteta's five full seasons, with totals of £143m, £159m and £199.3m in recent seasons. Commercial revenue and regular Champions League qualification support transfer budgets, and the club appears compliant with Premier League PSR, though UEFA squad cost control presents additional complexity. Player sales candidates include Fabio Vieira, Oleksandr Zinchenko, Reiss Nelson, Jakob Kiwior and Albert Sambi Lokonga.
Arsenal's spending on player signings under manager Mikel Arteta is set to pass the 900m mark, should they sign Crystal Palace's Eberechi Eze. His arrival would take Arsenal's outlay this summer to 250m. Arteta took charge of Arsenal in December 2019 and is the second-longest serving current manager in the Premier League and the third-longest serving across England's top four divisions. The Gunners have posted second-place finishes in each of the past three seasons.
Arsenal's total spending this summer could rise towards 270m if all potential add-ons, including those for Eze, are triggered. In each of Arteta's five full seasons prior to this one, Arsenal have spent more than 80m every time. That includes totals of 143m in the 2021-22 campaign, 159m in the 2022-23 term and 199.3m two seasons ago.
They have signed six players for around 190m and are getting close to agreeing a deal for Eze worth around 60m. The club's commercial business is strong and repeated Champions League football has helped their budgets, so they are clear with profit and sustainability rules (PSR) in the Premier League. Although Uefa's squad cost control can be more difficult to manage, there do not seem to be any immediate issues.
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