Arsenal have been handed a huge boost in the transfer market after the club revealed that they have £170 million of cash reserves at the club, as reported by the Daily Express.
While this will not all necessarily be used to fund future transfers, having this firm base of cash implies that the club can afford to spend in the future without risking anything financially.
The side have preached a relatively stable style of club management in recent years, with the building of the Emirates Stadium having been paid off.
This has seen them able to compete more thoroughly in the transfer market in recent years. The signing of Mesut Ozil for £42 million on deadline day last August was the first example of this, with the acquisition of Alexis Sanchez this summer also representing a big outlay.
The club can now command the financial benefits a huge stadium with expensive ticketing, and it would not be a surprise to see their £170 million cash reserve turn into further transfer activity in the near future.