English Premier League outfit Arsenal now stand a chance of securing the signature of Brazilian International Philippe Coutinho with the report of Barcelona’s financial crisis.
Reports in Spain reveal that the La Liga giants are desperate to cut their wage bill by £170 million if they must save the club from financial collapse.
EsportsRAC reports that Barcelona are already in talks with the legal representatives of some players over the latest development and the expectations going forward.
The Catalans are foreseeing a drop in their revenue by over £230 million and must have the situation resolved by Thursday.
Arsenal are believed to be monitoring the situation as their long-term target, Philippe Coutinho would be affected with a major pay cut.
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More to the pay cut, the Spanish La Liga giants are also considering dropping some players in the January transfer window and later in the summer until they are able to get their balance financially.
This could lead to his exit from Barcelona and that gives the North London outfit a chance of landing him as early as in the January winter transfer window.
The Gunners are seeking a creative midfielder and this could just be the player they will finally sign after failing in their bid for French Ligue 1 outfit Lyon star Houssem Aouar.
Philippe Coutinho’s agent had stated in the summer that he is aware of the interest in his client by Premier League teams and hinted that the Brazilian is also interested.
Should the North London outfit continue their pursuit of the former Liverpool star, they stand of landing him as early as in the January transfer window but that might also not happen if Coutinho refuses to accept a pay cut.
Arsenal have done well to have signed quality players in the last summer transfer window, including Thomas Partey but they will be doing better to secure the service of a creative midfielder.