Peter Hill Wood To Sanction Club Record Shattering Bid?

January is still far, far away and yet the transfer rumours continue. The latest is the news that Arsene Wenger is keen on Colombia’s Falcao. The hitman has been destructive ever since making the move to Athletico Madrid and showed his class by single-handedly taking apart Chelsea in the Super Cup. 

Strong financial results will mean that the Gunners boss will have around £35 million available to him this January, should he wish to invest in his squad.

“If Arsene wants to use that money during the winter window then, ­absolutely, he will be able to do it,” said chairman Peter Hill-Wood. “The financial results were good and we want to put that money to use if Arsene decides he wants more players.”

With the excellent way the club is currently run, Wenger will have funds made available to him should he wish to add to his squad and continue the good start his team have had to the season. It is believed that Falcao will cost around £35 million for any club wishing to secure his services.

However, Europe’s elite are interested so it is difficult to see where he will end up. Falcao’s stock has continued to rise, ever since his impressive days at Porto, and he will no doubt be keen to apply his trade at an even bigger club than Athletico Madrid.

But how likely is his move to the Emirates? Arsene is usually tight with his spending, and this has served him well. However, every transfer window he does reiterate that he would pay good money should the right player become available. After missing out on a number of targets, surely there aren’t many other ‘right’ players than Falcao?

There is no doubt that Arsene would stump up the cash if he could lure the Colombian to North London, but what about his wages? Arsenal have always been tight with their wage expenditure. Would Arsene scrap that just for one player? If he does, then players such as Theo Walcott will be questioning their importance to the club. If he can be offered excessive wages, why not them?

The truth of the matter is that Arsenal cannot compete financially with their rivals. Man City and Chelsea can offer more money if they wanted tofor the 26-year-old and offer him a much better financial package. This rumour must also feel like a bit of a slap in the face for Olivier Giroud. The misfiring striker finally grabbed his first Premier League goal against West Ham on Saturday, and his relief was clear for all to see.

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