Arsenal’s Pursuit of Napoli Star Victor Osimhen Faces Financial Hurdles Ahead of January Transfer Window

The Gunners navigate profit and sustainability rules, putting their potential move for Osimhen in jeopardy

Arsenal’s ambitious move for Napoli’s Victor Osimhen in the upcoming January transfer window might be under threat due to the club’s careful financial considerations and a strategic plan to avoid potential repercussions regarding profit and sustainability (PSR) regulations.

The Premier League’s recent crackdown on PSR rules has placed clubs under increased scrutiny, emphasizing the importance of financial diligence. Everton’s recent ten-point deduction, subject to appeal, and ongoing investigations into Manchester City highlight the seriousness with which the Premier League is enforcing these regulations.

Arsenal, having invested approximately £200 million in the squad during the summer transfer window, is evidently mindful of adhering to PSR guidelines. Notably, the loan deal for goalkeeper David Raya, with an option to buy, exemplifies the club’s approach to managing transfer dealings within the PSR framework. The loan structure allows Arsenal to defer the inclusion of the transfer value in PSR calculations until the permanent deal activates next season.

David Ornstein of The Athletic, shedding light on Arsenal’s financial strategy, mentioned in a recent Q&A session, “Arsenal, who have always been very diligent around this subject, are among a number of clubs sailing close to the wind.”

Arsenal’s commitment to turning Raya’s loan deal permanent once they regain financial flexibility suggests a methodical approach. However, Ornstein hints at potential challenges, stating, “After that, let’s see what shape they’re in and whether creativity is needed (i.e. sales to raise funds).”

The implications of working within financial constraints raise concerns about the viability of Arsenal’s pursuit of Victor Osimhen. The Nigerian international, a target to bolster Arsenal’s squad for the second half of the season, could command a fee exceeding £100 million. With Arsenal potentially treading close to the PSR limits, triggering Osimhen’s transfer might pose a risk of breaching the three-year PSR period, leading to consequences similar to Everton’s points deduction.

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While it remains to be seen whether Arsenal’s financial strategy aligns with these concerns, the episode underscores the imperative for clubs to exercise caution in managing their finances amid the Premier League’s stringent PSR regulations.

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