Juventus reportedly offered Arsenal €10m to allow Aaron Ramsey to join them this month but the club said no.

LONDON, ENGLAND - JANUARY 12: Aaron Ramsey of Arsenal acknowledges the fans following his sides defeat in the Premier League match between West Ham United and Arsenal FC at London Stadium on January 12, 2019 in London, United Kingdom. (Photo by Catherine Ivill/Getty Images)
LONDON, ENGLAND – JANUARY 12: Aaron Ramsey of Arsenal acknowledges the fans following his sides defeat in the Premier League match between West Ham United and Arsenal FC at London Stadium on January 12, 2019 in London, United Kingdom. (Photo by Catherine Ivill/Getty Images)

Arsenal reportedly wanted £20m to allow Ramsey, who has only a few months left on his contract and has already agreed a move to Juventus, to leave in this window. Despite the club wanting to get him off their wage books, Unai Emery wants to keep him with the squad for the rest of the season as they try to regain Champions League football.

They have reasoned, then, that Ramsey’s contribution to the squad is more valuable over the next few months than £8.8m in their hand now. If he’s worth that for six months, by that logic, over the course of a five-year deal, which is what Ramsey has agreed with the Old Lady, he is worth £88m. That’s not a million miles away from his true value, under a long-term contract, given transfer fees these days. It is also a reminder of what Arsenal are losing for nothing. It might be a side issue, but one that has been an ongoing problem at the club that is causing serious issues.

Instead, Ramsey’s agent will now receive €9m for getting his client to Turin for free.

Returning to the Champions League is worth at least £20m on top of what they get from the Europa League. Chelsea received nearly £58m for their last-16 run last season while Spurs pocketed around £55m and Liverpool made £72m for reaching the final.

Arsenal received around £33.5m for their Europa League semi-final jaunt last season.