Thomas Partey joined Arsenal in a £45m deal (Picture: Getty)
Arsenal’s owner, Stan Kroenke, refinanced the club’s debt in order to fund a £45million move for Atletico Madrid star Thomas Partey.
The Ghanian signed a long-term deal with the Gunners on deadline day after the club activated a release clause in the midfielder’s contract.
The £45m fee had to be paid in a lump sum and Arsenal waited until the final day of the transfer window before activating the clause as they were keen to raise as much funds from player sales before signing off a deal for Partey.
Arteta was well aware he’d have to operate on a limited budget this summer and he felt the signing of Willian on a free transfer was necessary given the lack of funds available to him.
After signing Willian, Gabriel and handing Pierre-Emerick Aubameyang a new long-term contract, the club had hoped to pay for Partey through offloading the likes of Matteo Guendouzi, Mesut Ozil, Sead Kolasinac and Mohamed Elneny.
Arteta was desperate to sign Partey (Picture: Getty)
However, the club failed to raise any funds for the quartet and Arteta was forced into making a special request to the club’s Kroenke…