Olivier Giroud’s verdict on Arsenal and Mikel Arteta doesn’t add up after £97m claim – The Mirror

Olivier Giroud reckons Arsenal don’t have the spending power to compete for the top four – but it’s an argument that doesn’t quite add up.

The former Gunner believes Mikel Arteta won’t get the north London club back into the Champions League spots as they ‘don’t put in as much’ money as their rivals.

Giroud pointed to Chelsea’s £97.5million signing of Romelu Lukaku to make his case and point, but there are some holes in his reasoning.

Asked how long it will be until Arsenal finish in the top four again, the AC Milan striker told talkSPORT: “Wow, that’s a good question! I think Mikel Arteta has got time to come back in the top four.

Mikel Arteta and Olivier Giroud played together at Arsenal

Could Arsenal become a top-four side under Mikel Arteta? Comment below

“But sometimes the problem is that money plays a huge part in success also.

“When you see Chelsea after winning the Champions League spend over £80million (£97.5m) on Romelu Lukaku to reinforce the forward line and after spending a lot of millions the year before, I think money plays a huge part.

“That’s the thing with Arsenal. Maybe they don’t put as much in as their opponents.”

The Frenchman is clearly forgetting that Arsenal spent £150m in the summer window as they brought in the likes of Ben White for £50m, as well as spending £20m plus for Martin Odegaard, Takehiro Tomiyasu and Aaron Ramsdale.

Yes, they will need to spend more money to rebuild the Gunners into a top-four side as they enter a period of transition, but that window is evidence that Arteta has the financial backing.

Arsenal can afford the likes of a Lukaku – who nearly cost £100m – but convincing a player of his calibre to join them over a Chelsea is a different story. Money is not the issue.

Olivier Giroud details Mikel Arteta’s ‘problem’ that stop Arsenal being a top-four side

Arteta will have cash to spend in the upcoming transfer windows, it’s just a matter of how he uses it which determines their progression and if they can return to the holy grail that is the Champions League.

This season might come too soon for that feat, but if they keep adding to their squad and improving it, there is no reason why they can’t be if not next season, the one after.

But this narrative that they can’t financially compete with the likes of Manchester United or Manchester City is a false one and Giroud is wide of the mark with his assessment.

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