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Arsenal transfer stalls over finances

Italian champions continue to prioritise Gabriel Jesus, but Arsenal’s valuation, player wage demands and Napoli’s own transfer plans remain significant obstacles.

LONDON, ENGLAND - AUGUST 09: Gabriel Jesus of Arsenal during the pre-season friendly match between Arsenal FC and Borussia Dortmund at Emirates Stadium on August 09, 2026 in London, England. (Photo by Justin Setterfield/Getty Images)
Photo by Justin Setterfield/Getty Images

Gabriel Jesus remains firmly on Napoli‘s radar, but the Italian champions are discovering that admiring the Arsenal forward is one thing, finding the money to sign him is quite another.

Napoli still regard Jesus as their preferred attacking target, yet with Arsenal’s valuation, the striker’s salary demands and the club’s own transfer priorities all presenting obstacles, any move appears some way from becoming reality.

According to La Gazzetta dello Sport, the Italian champions continue to view the Arsenal forward as their preferred attacking signing.

However, the report says a deal is proving difficult because of the overall cost involved.

NAPOLI pre­pares the blow BUT VA GOES TO THE ATTACK FOR GABRIEL J Fava­s­uli and Badi­ash­ile are one step away, the Brazilian does not play with arsenal: in front he remains the favor­ite La Gazzetta dello Sport - Napoli By ANTONIO GIORDANO NAPLES RESERVED REPRODUCTION 17 Aug 2026 the Punc­tu­al­ity is a detail: because it is quick to say that it is done, that it is closed, that it is simply float­ing around one bonus too many, but the mar­ket should not unbal­ance itself, allow­ing itself appoint­ments with sig­na­tures. What seems to be about to hap­pen, in real­ity can also turn into plastic illu­sion: then you will end up dis­cov­er­ing that in truth the dif­fer­ence was col­lec­ted in a banal­ity or maybe not and there­fore, bet­ter prudence. Cost­antino Fava­s­uli (22) said good­bye to Catan­zaro, he did it pub­licly and must do noth­ing more, tomor­row, than a jump to Villa Stu­art, for the med­ical exam­in­a­tions that intro­duce the fate­ful wel­come of Adl: seven mil­lion (one loan, six for the man­dat­ory ransom, another in case...) and bottles of bubbles to uncork. In defense Alone, or who knows if with Ben­oit Badi­ash­ile (25), who filled the Fer­ra­gosto and also the Sunday of Gio­vanni Manna, the diesse, glued to the phone to remove the last edges: the three mil­lion loan was accep­ted; then there would be another twenty-seven for the ransom (a right, not the oblig­a­tion) and finally a dif­fer­ence of views on another mil­lion to be recog­nized even­tu­ally at Chelsea in the event of a scu­detto. The nego­ti­ations are com­plic­ated, they invest vari­ous interests — those of the clubs, the play­ers, the pro­sec­utors — and they never end when you would like: Napoli is in a hurry, wants to have the cent­ral defens­ive to go to Marassi, Sat­urday, with a com­plete staff, he has not even stopped think­ing about Aguerd (30) who sud­denly went away from Real Sociedad and in any case intends to strengthen with the French of Con­golese ori­gins. The first choice, as we use to say in sum­mer: the nights, in gen­eral, we dis­cuss to the bit­ter end, we try to arrive at unex­pec­ted solu­tions, we accel­er­ate and if upon awaken­ing Badi­ash­ile will have ser­i­ously become the defender to be delivered to Allegri, get­ting ready to show it by spe­cial­ists would be really simple exer­cise, how to get it dir­ectly on Rome in the day. Attack Other man­euvers Aguerd is also in the crosshairs. Lang for sale but need 25 mil­lion, Lucca on the mar­ket It is instead more com­plic­ated to com­pose the offens­ive mosaic, with everything that can hap­pen: Napoli inter­ested Gab­riel Gab­riel For cer­tain shots, however, they need a lot of money: twenty mil­lion euros for the pur­chase, and they could be insuf­fi­cient, then half a dozen (and who knows if they would be enough) to seduce the Brazilian. Here the times are length­en­ing, the pri­or­it­ies are other and the com­pet­i­tion remains rel­ev­ant: it will be allowed to take every pause for reflec­tion, even pos­sibly wait for new raises on attack­ers who are there in staff and that Manna will have to some­how fix. For Lang, echoes from Hol­land (the Aa Ax) and again also from Tur­key (the Gal­ata­s­aray), while atalanta has been told that there is no inten­tion to chat about the loan, an imprac­tical pos­sib­il­ity for any­one: Lang is worth twenty-five mil­lion euros, and De Laurentiis who spent twenty-eight a year ago does not like to put it back, rightly. Then there is Lucca, which in Italy has admirers but still has its quo­ta­tion strongly addressed by the invest­ment of twelve months ago, when it took thirty-five mil­lion euros to con­vince Udinese to sell the Pied­montese cen­ter for­ward. And to look sym­path­et­ic­ally over the Sleeve:whether they are pounds or euros, at that point, would make little dif­fer­ence. With the budget in safety, it is more nat­ural to start dream­ing. But Badi­ash­ile, who always comes from Lon­don, is ahead, it almost seems to be seen...
Gazetta dello Sport 16 August 2026

Arsenal are said to want around €20 million for the Brazil international, while Napoli would also need to offer wages of around €6 million per season.

Even then, the report suggests that package may not be enough to convince Jesus to move.

Napoli are also said to be concentrating on strengthening in defence before turning their full attention to attacking reinforcements. The club are working to complete deals for Costantino Favasuli and Benoît Badiashile, with further spending likely to depend on player sales.

LONDON, ENGLAND - JANUARY 31: Benoit Badiashile of Chelsea reacts during the Premier League match between Chelsea and West Ham United at Stamford Bridge on January 31, 2026 in London, England. (Photo by Justin Setterfield/Getty Images)
Photo by Justin Setterfield/Getty Images

One potential source of funds is Noa Lang, who Napoli reportedly value at around €25 million, while Lorenzo Lucca is also available.

The report also claims there is competition from other clubs for Jesus, although no names are mentioned.

Speculation naturally intensified after Jesus was omitted from Arsenal’s 20-man Community Shield squad for the 3-0 victory over Manchester City, despite being fit and featuring against Como in midweek.

However, Mikel Arteta dismissed suggestions that the decision was linked to an imminent transfer. The Arsenal manager explained it was purely a selection issue, pointing out that only 11 starters and nine substitutes could be named.

DUBLIN, IRELAND - AUGUST 05: Gabriel Jesus of Arsenal FC walks off after the pre-season friendly match between Arsenal FC and Real Betis Balompie at Aviva Stadium on August 05, 2026 in Dublin, Ireland. (Photo by Evan Treacy/Getty Images)
Photo by Evan Treacy/Getty Images

Arteta described it as “really sad” that Jesus, Gabriel Martinelli and Ethan Nwaneri all missed out despite deserving places in the squad, while reiterating that both Jesus and Martinelli remain important members of his plans.

Still, no-one really expects the 29-year-old to be at Arsenal when the window closes.

Jesus has made 123 appearances for Arsenal since arriving from Manchester City in July 2022, scoring 32 goals across all competitions, with 22 assists.

Recurring fitness problems have reduced his influence in recent campaigns and his role has increasingly become that of a squad player.

DUBLIN, IRELAND - AUGUST 05: Gabriel Jesus of Arsenal FC reacts during the pre-season friendly match between Arsenal FC and Real Betis Balompie at Aviva Stadium on August 05, 2026 in Dublin, Ireland. (Photo by Evan Treacy/Getty Images)
Photo by Evan Treacy/Getty Images
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