Arsenal Transfer News: Trio of Gunners' Exit Means Even More Pressure to Spend

Alex Ballentine@Ballentine_AlexFeatured ColumnistJune 5, 2013

NEWCASTLE UPON TYNE, ENGLAND - MAY 19:  Managers Arsene Wenger (R) of Arsenal and Alan Pardew of Newcastle react during the Barclays Premier League match between Newcastle United and Arsenal at St James' Park on May 19, 2013 in Newcastle upon Tyne, England.  (Photo by Stu Forster/Getty Images)
Stu Forster/Getty Images

As if Arsene Wenger didn't have enough resources to make big moves this summer, the Gunners will have an extra £10 million to spend after three veterans let their contracts expire.

According to, Andrey Arshavin, Denilson and Sebastien Squillaci will not be returning to the club.

Arshavin played five seasons with the Gunners, scoring 31 goals in 144 appearances. He finished up the 2012-13 campaign with one goal in 11 appearances. Denilson came to the Gunners with plenty of hype in 2006 but has spent the last two seasons on loan in Brazil. Squillaci was on the roster for three years but has only made seven total appearances in the last two campaigns.

While all three players brought considerable experience to the table, their production will hardly be missed at Emirates. However, there departure does bring about some form of big news for Arsene Wenger—according to The Telegraph, the Gunners will have an additional £10 million to spend in the transfer market this summer.

Expectations for Wenger to open up the pocketbook were already big present.

Early reports from The Mirror stated that he would have a £70 million war chest to work with; now it appears that number should be even higher with the expiring contracts granting extra cash.

The Gunners have been a consistent presence in transfer rumors all season. They've been linked to younger, lower-level options like Partizan Belgrade striker Aleksandar Mitrovic, according to Metro.

However, with a fourth-place finish in the club's latest Premier League campaign, the pressure will be on for Wenger to make moves that will immediately make the Gunners an even more formidable threat in the league.

Picking up young, cheap options with potential is fine, but fans will want to see the Gunners pursue higher-priced options, such as Real Madrid's Gonzalo Higuain. He is said to be an Arsenal target, as reported by The Mirror. The Daily Mail  also pegs Barcelona's Alexis Sanchez as a possibility.

With ESPN reporting that Fiorentina has told Arsenal that striker Stevan Jovetic is not on the market, the Gunners still have to find a way to make a big splash. With even more cash in tow, the pressure is on to show a win-now mentality.