Josh Kroenke Refuses To Deny If KSE Boosted Transfer Budget With Investment

Arsenal experienced a record-breaking summer transfer window sanctioned by the Kroenke family…

Arsenal director Josh Kroenke refused to confirm or deny whether or not KSE boosted the club’s transfer budget with their own investment following a record-breaking transfer window, Arsenal.com reports.

After being told by every reporter in the country that the club only had £40 million to spend this summer, we actually spent close to £140m by the end of the window and smashed our transfer record in the process.

Nicolas Pepe arrived from Lille for £72million, with David Luiz, Kieran Tierney, Gabriel Martinelli and Dani Ceballos joining the Ivorian as newcomers to north London.

Josh uttered some infamous words during the club’s pre-season tour of America as he told fans to “be excited” in the midst of a ‘WeCareDoYou’ campaign which called the family’s ownership into question.

Those were big words and had he not delivered, the writing may have been on the wall for KSE; but shortly after we returned to London Colney, in walked one of the most sought-after players in Europe.

But the fans had one obvious question: ‘how were we able to afford Pepe with a £40m budget?’ For Josh, those answers will not be shared publicly.

“I’m not going to go into too much detail – people can read between the lines of being aggressive and what that might mean,” Josh Kroenke said when asked if any external investment boosted the club’s transfer kitty.

“That’s kind of how I would answer that question – it’s going to be a private matter for us here at the club, but I hope our fans understand that by being aggressive that’s exactly what we were.”

It doesn’t take a genius to work out that the maths doesn’t add up in terms of the reported budget and what we spent, though the club has religiously adhered to a self-sustainable model over the years.

A cash injection from the owners would represent a significant step in the right direction. However, Josh’s reluctance to reveal those details may mean that this was seen as an imminent and rare need given the club’s trajectory.

We desperately need Champions League football and the truth was that we were never going to seriously compete to get back in if we didn’t invest significantly.

Now that we’ve done that, the owners have given the team every chance – and that’s all we ask!