Gunners make €23m bid for Santi Cazorla

According to Diario AS (a Spanish sports newspaper), Arsenal have made a €23 million (roughly £15m) offer for Santi Cazorla. The suggestion is that Malaga initially referred to the €45m release clause in his contract, but the fact remains that Arsenal’s offer would cover the money that they paid Villareal for the player this time last year and ease the pressure on the club.
Despite qualifying for the Champions League for the first time in its history, Malaga are having significant financial problems and really need to try and offload some of their higher earners in order to keep the club going. The truth is that whole situation is very complicated and it is difficult to know just how bad Malaga’s financial problems are. It is widely reported that the club have only recently sorted out paying the wages of Cazorla and Ruud van N...