Mikel Arteta has concerns over Arsenal transfer budget: ‘There is no magic’

Mikel Arteta has expressed his concerns he will not be given enough transfer funds this summer to improve his squad for next season. The Gunners have fallen out of the top four for the fourth consecutive season and Arteta admits he will need to spend big in order to close the gap with the top teams.

Arteta told Sky Sports: “It’s a big concern. You can see how [Liverpool] build their squad and there is no magic, you need to improve the squad with quality, quality players. And we need a bigger squad to compete in this competition. That is the challenge.” Arsenal beat Liverpool on Wednesday to remain in ninth place on the table, but the Gunners are a smashing 40 points behind the Reds on the table.

Asked if he feels Arsenal could level with Liverpool: “It’s a massive job. You only have to look at the difference between the two teams – it’s enormous. The gap in many areas we can’t improve it in two months but the gap between the accountability, the energy, the commitment and the fight between the two teams is now equal.”

“Before it wasn’t like this. I’m very proud of that. The rest will take some time but at least we’ve got that now and my message to the players is with that we can create something.” The Gunners are currently battling with Tottenham Hotspur, Sheffield United and Wolverhampton Wanderers for a ticket in next seasons Europa League.