Arsenal are set to receive a £5.9million windfall with Mikel Arteta’s first-ever Gunners transfer set to quit the club.
The Spanish midfielder, who joined Arsenal from Everton in 2011, is set to leave the Emirates Stadium this summer after a decade of service.
Arteta, who was appointed as Arsenal’s head coach in December 2019, has been linked with a move to Spanish side Villarreal.
The 35-year-old has been a key figure in the Gunners’ midfield since his arrival, making over 200 appearances for the club.
He was part of the team that won the FA Cup in 2014 and 2015, and was also part of the squad that won the Community Shield in 2014.
Arteta has been a loyal servant to Arsenal and his departure will be a huge loss to the club.
However, the Gunners will be set to receive a £5.9million windfall from the sale of the midfielder.
The money will be a welcome boost for the club, who have been hit hard by the financial impact of the coronavirus pandemic.
The money could be used to help fund new signings, with Arsenal looking to strengthen their squad ahead of the 2020/21 season.
Arteta’s departure will also free up some much-needed wages for the club, with the Spaniard currently earning around £100,000-a-week.
The midfielder’s exit will also open up a spot in the Arsenal midfield, with the club likely to look to bring in a replacement.
Arteta’s departure will be a sad day for Arsenal fans, but the club will be hoping to use the money from his sale to help them build for the future.