
Arsenal was open to selling Gabriel Martinelli at the start of this summer's transfer window. However, the Gunners valued the Brazilian striker at over £60 million, while clubs interested in the player were only willing to offer £40 million – a gap that prevented the club from pushing through the sale.
That said, if Arsenal reaches the Champions League quarter-finals this season, they could earn approximately £100 million from broadcast revenue and ticket sales. The club views signing a player like Eberechi Eze as an investment, believing that strengthening the squad will help recoup this cost.
Initially, under Arsène Wenger’s management, Arsenal was highly prudent with its wage bill, keeping salaries at a relatively moderate level. Seven or eight years ago, the club offloaded its highest-earning players, which left their wage bill in a "very comfortable" state.
Arsenal’s annual wage bill last season stood at £185.9 million, ranking fourth in the Premier League. They trailed behind Manchester City (£243.9 million), Chelsea (£196.9 million), and Manchester United (£194.4 million).