Mikel Arteta explains why Arsenal have made just three signings this summer

Mikel Arteta has defended the lack of headway Arsenal have made in the transfer this summer, having promised an ‘unprecedented’ overhaul of his squad.

The Gunners have spent nearly £80million so far on their three new signings with Ben White, Albert Sami Lokonga and Nuno Tavares adding some youthful exuberance to a squad which finished eighth last season.

A failure to qualify for Europe for the first time in 25 years prompted Arteta to claim that what Arsenal ‘have to do in the summer is unprecedented for a club of this stature’, but movement both in and out of the Emirates has been limited so far.

Arteta is still keen to add a creative midfielder to supplement Emile Smith Rowe, with James Maddison and Martin Odegaard, who spent six months on loan at Arsenal last season, his main targets.

Arsenal, too, are in desperate need of a new goalkeeper capapble of deputising and putting pressure on Bernd Leno, who will start the season as the undisputed first choice between the posts.

Currently, the Gunners have only two teenagers, Karl Hein and Arthur Okonkwo, in reserve and well as Alex Runarsson, who failed to impress following his move from Dijon last summer and appears to have been deemed surplus to requirements.

Arteta had identified Aaron Ramsdale as his No.1 target, but Sheffield United are refusing to accept an offer below their £30m valuation and, as a result, talks have broken down

Equally, Arsenal have struggled to offload a large number of players who appear to have little future at the club with Sead Kolasinac, Ainsley Maitland-Niles and Reiss Nelson failing to attract suitors.

Attempting to explain the lack of movement, Arteta said: ‘It’s been a difficult window. Probably a lot of things will happen in the last week or so.

‘We are talking about probably the most difficult transfer market in this industry for the last few years and we are trying to adapt.

‘It (money) is for every club at the moment. We have ownership that they are willing to invest in the team and they want to get the team better with bigger aims.

‘But at the same time we need to be careful because we want to be in a financial position that is sustainable for the club.

‘When on this first period of the transfer window I think we’ve done a few things that we wanted to do. There is still window to go so I’m sure things will happen either way.’

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