Arsenal report: January war chest revealed as Gunners target two youngsters

Mykhaylo Mudryk of Shakhtar Donetsk is challenged by Mohamed Simakan of RB Leipzig during the UEFA Champions League group F match between RB Leipzig and Shakhtar Donetsk at Red Bull Arena on September 06, 2022 in Leipzig, Germany.
(Image credit: Cathrin Mueller/Getty Images)

Arsenal are reportedly ready to set aside a £50 million transfer budget for the January window to bring in two players.

The north London club had a busy summer, spending around £130m on five new signings including Gabriel Jesus and Oleksandr Zinchenko.

Those two have made an impressive impact, helping Mikel Arteta’s side get off to a flying start to the 2022/23 campaign.

Arsenal manager Mikel Arteta

Arsenal are still top of the league, following the 1-1 draw against Southampton.  (Image credit: Dan Mullan/Getty Images)

Arsenal sit two points clear on top of the Premier League standings, sparking talk of an unexpected title challenge.

According to The Sun, the club’s owner Stan Kroenke is now prepared to bankroll a £50m spending spree in January.

Arsenal don’t want to lose their momentum, and the addition of two new players will help improve squad depth during an exhausting second half of the season.

The newspaper believes that Palmeiras defensive midfielder Danilo could be one of them, as Arsenal are ready to bid £26m for the 21-year-old.

Yeremy Pino

Yeremy Pino is among Arsenal's winger options.  (Image credit: Getty)

A new winger is also a priority, with Shakhtar Donetsk’s Mykhaylo Mudryk and Yeremy Pino of Villarreal among the options being considered.

Arsenal stuttered over the weekend with a 1-1 draw away to Southampton that allowed Manchester City to cut the gap at the top to two points.

Arteta has relied on a core group of around 16 players in both the Premier League and Europa League so far this season. 

More Arsenal stories

Arsenal have been linked with a move for Juventus midfielder Manuel Locatelli; the Gunners are said to have already made contact with the Italy international's camp. The club are also interested in Evan Ndicka in defence, while N'Golo Kante and Federico Valverde are targets, too. 

Meanwhile, one man who could be heading for the Emirates Stadium exit door is Gabriel Martinelli: there's been talk of Chelsea making a shock swoop for the winger.

In other news, Aaron Ramsdale says that the Gunners have been motivated to succeed this season by the disappointment of missing out on Champions League qualification last term

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Alasdair Mackenzie is a freelance journalist based in Rome, and a FourFourTwo contributor since 2015. When not pulling on the FFT shirt, he can be found at Reuters, The Times and the i. An Italophile since growing up on a diet of Football Italia on Channel 4, he now counts himself among thousands of fans sharing a passion for Ross County and Lazio.