Arsenal needs to start spending more: Mikel Arteta

Mikel Arteta has said that Arsenal needs to start spending more in order to be able to compete for titles. The London side has not yet signed any top players during the transfer window this season even though they have been reports of a possible signing of Luis Suarez and Gonzalo Higuain.

“The club have said they are going to be very ambitious in the market and have got the financial resources to get big players. I think it’s about time,” said the midfielder.

He also admitted that the club has fallen behind rivals in terms of budget.

“When you compare us to the other top English clubs and the money they have paid, we are very far apart. The value of this club is the class and what it means is very difficult to match. There has never been a tradition at Arsenal to pay crazy, crazy money. But now, financially, they are very strong so maybe we will be more aggressive in the transfer market,” he added.