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Kroenke coy over where Arsenal transfer funds came from

Arsenal chief Josh Kroenke is coy over where their summer transfer funds came from.

Although the signings of Gabriel Martinelli, Dani Ceballos (loan), William Saliba, Nicolas Pepe, Kieran Tierney and David Luiz cost well in excess of £100m, much of that outlay will be paid by way of instalments over the course of their contracts.

Meanwhile, money was recouped via the sales of Alex Iwobi, Krystian Bielik, Laurent Koscielny, David Ospina, Dominic Thompson, Xavier Amaechi and Carl Jenkinson, Eddie Nketiah's loan and sell-on clauses related to Ismael Bennacer and Jeff Reine-Adelaide.

When asked whether Arsenal adhered to their self-sustaining model or if finance was injected by their owners Kroenke Sports and Entertainment (KSE), of whom Josh Kroenke is deputy chairman to his father Stan, the 39-year-old told BBC Sport: "I'm not going to go into too much detail - people can read between the lines of being aggressive and what that might mean.

"It's going to be a private matter for us here at the club, but I hope our fans understand that by being aggressive that's exactly what we were.

"Going into the summer we knew we were going to have instruments in place that were going to allow us to be aggressive and they weren't going to be dependent on sales. The guys went out, worked their magic and I'm happy to have them on our side."

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Paul Vegas

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