Arsenal are reportedly saving their money for the next two transfer windows.

The BBC’s David Ornstein, who is known as the Ornacle by most Gooners since he usually only reports rumours that he’s sure are happening, claims that Arsenal are holding back funds for January and next summer’s transfer windows.

Ornstein explained to BBC Sport [via Daily Star] that Alexandre Lacazette’s £52m fee, combined with his and Sead Kolasinac’s wages, means that the Gunners had very little money left to spend this summer as they’re saving their funds.

“My information is that they spent over £50m on the transfer fee of Alexandre Lacazette, a club-record signing,” he said.

“When you factor in his salary, a reported £200,000-a-week and the salary of Sead Kolasinac, the left-back who joined on a free transfer, then that eats into a fairly large chunk of that sort of £100-150m.

“You then may ask, where did the money from Oxlade-Chamberlain go?

“I’m told some of that money has gone to Southampton, who were his previous club, were owed a sell-on fee.

“But also they are said to be ‘safeguarding’ money, leaving money aside for the next two transfer windows, January and next summer.

“So whilst there is a bit of money left at Arsenal, there was no more money for major signings.”

This seems a little odd considering Arsene Wenger has now confirmed that Arsenal did in fact bid a whopping £92m for Monaco’s Thomas Lemar, which very much suggests that they DO have the funds.

thomas lemar france 2
(FRANCK FIFE/AFP/Getty Images)

Arsenal need signings now – why wait until next year? It makes no sense…

Wenger hardly ever makes additions in January, let alone big names signings. The Frenchman doesn’t even agree that there should be a winter transfer window as he believes halfway through the season coaches should be working on their current players, not signing new ones, unless there are substantial first team injuries.

The boss has admitted that Arsenal will return for Lemar but it’s doubtful whether that will happen in January. It’s far more likely that the 21-year-old will move next summer when Alexis Sanchez inevitably skips off to Manchester City.