Reyes won't hurt coffers, say Arsenal
Arsenal chairman Peter Hill-Wood has reassured fans that the signing of Spanish star Jose Antonio Reyes will not jeopardise plans to move to a new ground.
Reyes could end up costing the Gunners £15million, but not all of that will be paid up front, so it does not affect the £250million funding they need for their new stadium at Ashburton Grove.
Hill-Wood said: 'It doesn't affect the stadium, not one bit. We have an amount for transfer fees in our budget and that won't affect the new ground.
'What we have done is use the bulk of the fund in this transfer window rather than wait for the end of the season.'
Hill-Wood gave fans a further reassurance that the arrival of Reyes will not signal the departure of Thierry Henry, who has been linked with a move to Real Madrid.
'No way is he going - to Real Madrid or anywhere else,' Hill-Wood told the Evening Standard.
'That is definite. And I don't think he wants to go. He is very well paid by us and though he could maybe earn more money in Madrid, he is very happy here and he loves both the club and his lifestyle.'
Source:
www.soccernet.com