Superstars Alexis Sanchez and Mesut Ozil are both entering the final year of their respective deals at Arsenal and there is understandably a sense of worry among the supporters about the two players’ long term future at the Emirates, as the club hierarchy seem to be reluctant on matching the duo’s wage demands.

Now Arsenal chief Sir Chips Keswick has provided an update to the contractual situation regarding both Sanchez and Ozil, and has indirectly stated that the club will not be held ransom by extortionate salary requests from any player no matter how important.

Sir Chips said, "We have continued to invest in the region of key players. Francis Coquelin, Hector Bellerin, Laurent Koscielny and Olivier Giroud have all signed new contracts, while we have taken up options to extend the contracts of Per Mertesacker and Santi Cazorla.

"Further work is required in the area of contract renewals and we will continue to invest rationally in our squad retention. As expected, increased Premier League broadcasting revenues have had a direct impact on player costs both in terms of transfer prices and player wage demands.

"While these are market forces that have contributed directly over time to the success of the Premier League, I would sound a note of caution in light of the very material contractual commitments to future wages that clubs are taking on."

Arsenal make profits despite huge spending

Arsenal have recorded a healthy £12.6million pre-tax profit for the 2016 financial year despite splashing close to £86million in the purchase of new players, after enjoying a turnover of £191.1million over the last six months.

The increase in turnover is largely down to Premier League's record-breaking £8billion TV deal - which accounted for 45 per cent of the revenue for Arsenal. During the same period last year, Arsenal had suffered a loss of around £6.2million and it is encouraging to see the Gunners making progress financially.

Ozil the second most influential player in China

While Mesut Ozil’s influence on the pitch for Arsenal may have waned in recent weeks, it has been revealed that the German international remains one of the most popular players in the Asian nation of China.

China is an emerging market in football and reports from Red Card have revealed that Ozil is the second most influential player in social media platforms in the Far East, only behind Real Madrid superstar Cristiano Ronaldo. In terms of club influence, Arsenal sit third behind Manchester United and Bayern Munich.

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#4 Macgooner56 2017-02-25 16:59
Usual flannel from the carpet King, but just like the rest of the board and Wenger they dance to greedy Stans tune,does anyone really believe we will compete for players with Chelsea, Utd,City, etc, of course we won't, for years Wengers pretended to be in the runny in to sign a player but that player always goes somewhere else,cos really Wengers looking at lesser cheaper players,him Kroenke and the board have the club by the bollox along with the fans,and nothing is gonna change any time soon,
#3 Berhane Yohannes 2017-02-25 14:21
Players should also focus on their love to the club they're playing ofcourse they need money but their popularity is also valuable more than money the should consider the way they live, their families everything
+2 #2 gooner4life 2017-02-25 12:29
I think it is disgraceful how penny-pinching Arsene and the board are when it comes to transfers and wages they are prepared to pay considering the profits they are making at the fans expense We were told before the move to the Emerates stadium we would be able to compete with the big spenders and sign world class players The problem is we cant keep them because we wont pay them world class wages. .
+2 #1 Emmanuel 2017-02-25 08:58
Experience has shown that when contract renewals drag on as in the case of Ozil and Alexis, the result is that these fellows are not intent of staying at Arsenal. They have set their eyes on sweeter things elsewhere. van Persie and Samir Nasri are typical examples. So, as far as I'm concerned Ozil and Alexis are long gone, it is a matter of cash and not really trophy winning or such. My take is, if you have two men in the calibre of Ozil and Alexis in a team and surrounded with other decent players as we have at Arsenal and the team fail to win, at least the premiership, then something is definitely wrong. There are several other players elsewhere as good as, or even better than those two. Liverpool have Coutinho, Sane and Firmino, Chelsea have Hazard, Willian and Kante. One could go on and on. The truth is, Arsenal need to accept that Ozil and Alexis are long gone and need to go out there and identify very very good midfield and attacking players to replace these two. In addition, dispose of Wenger and get an experienced and tested coach who would bring the best out of the players at his disposal.