Arsenal are thought to be playing for time to pull together the first £33.3m down payment in cash to complete the Declan Rice deal.
Despite agreeing a £105m deal for the West Ham captain two weeks ago, the deal has dragged along at a snail’s pace initiated by the North London club.
Arsenal are thought to be having some short-term cash flow issues and needs time to pull together the cash.
West Ham originally asked for the first instalment nine days before the deal was supposed to be finalised, but this was rejected by Arsenal.
For every week the saga drags on, Arsenal will save £250,000 on wages, so that’s another £500,000 since a deal was agreed between the two clubs.
Arsenal is likely to have to borrow the money short term from a financial intuition. but this takes time, and the cover of Arsenal lawyers scrutinizing the small print of the contract provides plausible cover.