Wenger admits he must sell to cover Arsenal debts

Arsenal boss Arsene Wenger is surprised by the reaction to his comments about needing to generate funds in the transfer market.

He was quoted in a Belgian newspaper earlier this week, speaking of an “imperative” to generate a profit of at least £15 million to £20 million each season.

“I am surprised that you are surprised," he said at Friday's press conference. "Do you think the target of the Club is to lose money? That cannot last a long time. The target is to make a profit. It looks normal for any company in the world, so I don't know why it is surprising.

“We want to pay the debt we owe from the stadium we built, that's around £15 million [per year]. So it's normal that at the start, we have to make at least £15 million or we lose money.”