Arsenal will have to offload some players if they are to keep hold of Mesut Ozil and Alexis Sanchez on new and improved contracts, according to the Independent.
The duo are out of contract next summer and yet to extend their current deals which has led to a frenzy of speculation over both players’ futures.
The report claims both Ozil and Sanchez have been offered deals worth approximately £280,000-per-week which would add an extra £15m to the wage bill.
The Premier League’s cost control measures come into force this season which means that if the club’s wage bill is over £7m higher than last season, that revenue has to be made up, either through revenue (ticketing or commercial activities) or player sales.
The report goes on to claim that the lack of Champions League football means Arsenal’s best hopes of raising those funds will be through player sales and names Alex Oxlade-Chamberlain, Olivier Giroud and Jack Wilshere as the likeliest to leave.
The Ox is also out of contract next summer, with no deal yet agreed, and has been linked with a move to Liverpool. Recent speculation has claimed he has already told Arsenal he wants to leave, and should he indeed depart, the club would hope to get a fee of around £25m for the England international.
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Olivier Giroud is another player who could be sold, both Marseille and West Ham have been credited with an interest, and an offer of regular first-team football may prove tempting to the Frenchman.
Jack Wilshere could also prove surplus to requirements after his loan spell at Bournemouth, where in truth he did little to suggest he has a future at a top club.
The report claims players such as Wojciech Szczesny, Calum Chambers, Kieran Gibbs, Lucas Perez, Chuba Akpom and Carl Jenkinson could also be sold, although Arsenal will apparently refuse to sell Hector Bellerin, even though he would command a huge fee.