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'Arteta's got to be given money' - Arsenal rebuild needs Kroenke investment, says Keown

Martin Keown believes that Arsenal owner Stan Kroenke has to dip his hand into his own pocket this summer to give Mikel Arteta money to work with in the transfer market.

Arsenal released their accounts for 2018-19 last week which revealed the club had suffered a loss after tax of £27.1 million ($34.9m), the club’s first overall loss since 2002.

That deficit was largely put down to the Gunners missing out on the Champions League for a second successive season, even though they did go on to reach the Europa League final.

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And with the north London club having just spent another campaign out of Europe’s premier competition, the financial forecasts for the future are not good.