Revealed! Arsenal Will Announce New Signing On July 1st (Read Why) - SportDab - Sport News

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Friday, 22 June 2018

Revealed! Arsenal Will Announce New Signing On July 1st (Read Why)

Arsenal will announce the signing of Borrusia Dortmund Defender Sokratis Papastathopoulos on July 1st.

The 30-year-old Greek will leave the Bundesliga club to join Arsenal this summer although it is yet to be officially confirmed.

And according to Sky Sports reporter, Dharmesh Sheth, it's all due to Dortmund's tax dealings.

"Stephan Lichtsteiner is in, Bernd Leno isin and Sokratis Papastathopoulos will sign on July 1," Sheth explained.

"The reason July 1 is because Borussia Dortmund want to announce that at the start of the new tax quarter in Germany.

"There are financial reasons which I cannot even begin to go into."

Leno and Lichtsteiner have both been announced and Sheth expects more to follow after Sokratis is confirmed as Unai Emery look to reshape the Arsenal squad.

"Lucas Torreira as well, that looks like it's imminent," Sheth explained.

"There's also interest in the Portugal winger Gelson Martins. All of these transfers seem to fit Emery's profile and also what we believe to be a limited trasfer budget at Arsenal.

"There's talk of £50million that we believe the ceiling with regard to how much Emery has to spend.

"Arsenal fans have talked about why he only has that money but you've got to remember in the last two windows, Arsene Wenger spent quite big on players that perhaps have been earmarked with a Wenger replacement in charge.

"We had Alexandre Lacazette coming in last season for close to £50million, then close to £60m for Pierre-Emerick Aubameyang, Henrikh Mkhitaryan is in too."

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