North London giants Arsenal have reportedly been priced out of transfers for young English talents.
According to the report from renowned English news outlet Daily Mail, the Gunners have switched their attention to overseas transfers after they were repeatedly priced out of transfers for homegrown talents.
The report further claimed that the Arsenal recruitment team led by Sven Mslintat has put a formidable scouting network in place to search for young talents outside England.
The last homegrown transfer made by the Gunners was in the summer of 2016 when they paid the sum of £2.5m to prise young English centre back Rob Holding away from Championship side Bolton Wanderers.
Before then, the North Londoners signed English international forward Danny Welbeck from top four rivals Manchester United in a deal reported to be around £16m in the summer of 2014.
The Daily Mail report further claimed that Arsenal were priced out of a move for highly rated Fulham midfielder Tom Cairney during the summer’s transfer window.
Tom Cairney is one of the best young English talents on the Premier League scene.
Without young English signings, Arsenal have been able to record a 12-game unbeaten run which could stretch to 13 matches when they host Blackpool on Wednesday in the Carabao Cup.