Arsenal could have signed top striker Ivan Toney in January and avoided any Financial Fair Play punishment..
This is stated by the FFP expert and financial advisor Stefan Borson, who has poured cold water on the conversations about gunners I didn't have enough funds this month.
It's no secret that Mikel ArtetaThe team is searching for a new centre-forward, with Gabriel Jesus and Eddie Nketiah scoring just nine Premier League goals between them this season.
Brentford star toney was heavily linked with a move, and England's own one-cap England international appeared to drop a 'come find me' plea.
talkSPORT understands the Bees were demanding at least £80 million – something Borson has hinted Arsenal had the means to do.
But the north London side failed to formalize their interest in the 27-year-old and ultimately decided not to make any signings in January.
However, Borson, speaking on Jim White and Alex Crook's Deadline Day show, has insisted Arsenal were in no danger of breaching FFP rules.
He said: “There is a combination of teams who have decided not to spend, so it is teams like Arsenal.
“Because Arsenal could have spent if they wanted to.
“If they invested in the necessary capital, they could increase their cap to £105m from £15m now.
“But they chose to stay out of the market.”
Pressed by White about how much Arsenal might have shelled out, Borson commented: “Well, it's always very, very difficult to work out the exact amount.
“Certainly tens of millions of pounds for a player; they could have bought the striker everyone thinks they need.”
Asked if they would have been in danger if they had squandered the money, he said: “If they had chosen to do so, it would have required the owners to put up a very considerable amount of capital.
“They would have had to put their hands in their pockets and ultimately I think, as with most players in Europe, there is a limit.
“And people say, 'Actually, I don't want to do it anymore.'”