Report claims Stan Kroenke cash injection will not impact Arsenal transfer capability

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Arsenal owner Stan Kroenke has provided the club with a cash injection to help stabilise their finances amid the current global health crisis. 

The move will see Arsenal redeem their fixed-rate bonds and it has been financed by a loan from Kroenke Sports & Entertainment. 

However, according to the Daily Mail, it will not necessarily mean a boost in the transfer market for the Gunners. 

They claim the deal will not have a ‘significant bearing’ on Mikel Arteta’s spending power this summer. Instead, it is intended to give Arsenal ‘greater freedom’ in how they balance their finances and debt. 

Arsenal fans are desperate for some new faces this summer. Big name players such as Thomas Partey, Philippe Coutinho, and Victor Osimhen have all been linked with a move to The Emirates in recent weeks. 

However, given the current global situation and Arsenal’s current struggles for European football, finances are set to be tight at The Emirates this summer.

Many fans would have seen this cash injection as a big boost for their transfer hopes but it appears the two are not directly correlated. 

Hopefully, Arsenal can still find a way to bring in some new faces this summer.