Your time is up! by AH
It is official that Andrey Arshavin, Sebastian Squillaci and Denilson are all no longer contracted to Arsenal, now that the 30th June has been reached. Alongside these three first team squad members, several other fringe and youth players have been released, meaning not only do we now have some free squad places in both the Premier League and Champion’s League squad sheets, but we have also freed up around £170k in wages.
It may surprise you to know that Squillaci, Arshavin and Denilson were on wages amounting to a total of around £150,000 per week, or even more, whilst the other fringe players make up a remaining £20,000. This means that this extra £170k generated for wages can now be added to the financial chest we have this transfer window, and I have taken a conservative figure.