Arsenal “need to outsmart the market” with regards to transfers, according to director of football Raul Sanllehi.
With a wage bill that continues to rise, Arsenal’s transfer budget will reportedly be scaled back this summer.
Many suggest they will have just £40m to spend – not including revenue generated from sales – if they miss out on Champions League qualification.
Winning the Europa League has therefore become crucial to their plans, with Sanllehi and managing director Vinai Venkatesham emphasising the need to spend “efficiently”.
“We need to outsmart the market,” Sanllehi told the club’s official website. “We need to make the right signings, do the right sales, the coaching staff needs to prepare the games properly like they do.
“It just means hard work and outsmarting the market. That’s the two, I would say, essences of success, if we want to be there.
“If the money and revenue is the fuel and the football side is the engine, then we need that engine to be operating as efficiently as possible. So every pound we’re spending has the absolute maximum impact.”
Venkatesham added: “We need to continue to look at our wage bill.
“We’ve got, and it’s well known, a large wage bill – that’s a good thing. That demonstrates the financial power and the financial muscle of Arsenal, which is important for us to be successful.
“But we need to make sure we are spending that money as efficiently as possible, and we are spending a lot of time focusing on that.
“Of course we need to be sensible and we need to be efficient in the transfer window. We need to sign excellent players, we need to make sure those players can make a real contribution.
“And if I look back to the last transfer window, with Bernd Leno, Matteo Guendouzi, Lucas Torreira, Papa Sokratis and others, we think we bring in players that can make a really big impact. And we believe that those players, and many more, can make a bigger impact next season.”