Arsenal expected Alexandre Lacazette transfer bids but now face Aaron Ramsey repeat

Arteta welcomes Odegaard back to Arsenal after club complete permanent move

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Arsenal striker Alexandre Lacazette was expected be on his way out of north London this summer for a respectable fee – but with no interest shown in the Frenchman, his contract could be run down until next summer – in which case he would depart the Emirates on a free to continue Arsenal’s financial nightmare.

The Gunners have had a huge problem in terms of recouping or generating transfer fees in the past decade, something which they were far from being renowned for in the Invincibles’ era.

Having sold players such as Marc Overmars to Barcelona, Nicolas Anelka to Real Madrid and Emmanuel Adebayor to Manchester City for astronomical profits back in their glory days, the same feeling could not be further away as things stand.

In fact, a graphic by the Sun details their downturn in economic fortunes, showing just how measly their transfer dealing have become.

A total of just £51.5million was generated for Serge Gnabry, Wojciech Szczesny, Alex Oxlade-Chambelain and Jeff Reine-Adelaide over the past four years, with Gnabry being the most embarrassing sale at just £5m.

Yet, having also relinquished the uses of Santi Cazorla, Jack Wilshere, Danny Welbeck and Aaron Ramsey for free in the same time period, an estimated total of £260m worth of talent has been let go for that shockingly-low £50m sum.

This is without mentioning the swap deal formed with Manchester United, which allowed Alexis Sanchez to run down his contract in a swap deal for Henrikh Mkhitaryan.

Despite doing better at Arsenal than Sanchez did at United, the Armenian was nowhere near as good at the Emirates as Sanchez was in his prime, in which he won Player of the Season.

And to add to the cause, former youth players Donyell Malen and Glen Kamara were also sold for a combined £500k – yet with Malen moving to Borussia Dortmund for £27m this summer as Jadon Sancho’s replacement, and Kamara being linked with a £10m move back to Arsenal, it represents poor business all round.

This mismanagement, along with the lack of money from the majority of European clubs, could mean that Lacazette may be the next big name on that list if he is to be swayed by a move abroad.

Teams are struggling to sell players – especially their deadwood – as even the biggest teams in La Liga, Bundesliga and Serie A are struggling to come up with the cash for these stars.

According to the Daily Mirror, Arsenal expected some offers for Lacazette; but by taking this market into mind, it remains to be seen who will stump up the cash for him and he is set to stay – despite entering his final twelve months.

It is just another mess for Mikel Arteta to deal with, following the bout of COVID-19 cases throughout the squad recently – with Lacazette one of the casualties.

Pierre-Emerick Aubameyang, Willian and Alex Runarsson were also out with the virus.

And to make matters worse, they face a rampant Chelsea side who look set to start record signing Romelu Lukaku.

Lukaku, who cost £97.5m, has returned to England from Inter Milan, where he succeeded at West Bromwich Albion, Everton and Manchester United.

However, having joined Everton from Chelsea in 2014, he will look to exorcise his old demons as he failed to make an impact in his first spell at Stamford Bridge.

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