Mikel Arteta rejected chance to become Arsenal boss because of ‘financial handcuffs’, leaving the door open for Unai Emery

Mikel Arteta rejected the Arsenal job because he wanted more control on transfers and would have been limited to just a £50 million budget.
That’s according to Martin Lipton, deputy Head of Sport at The Sun who appeared on Kick Off on Monday night.
News broke during the evening that Unai Emery was set to be appointed as Arsene Wenger’ successor imminently, despite Arteta holding positive talks with the Gunners’ hierarchy before the weekend.
However, Lipton told talkSPORT the current Manchester City assistant coach was unwilling to work with such a stringent budget in his first ever managerial role.
He said: “Arteta, who was being briefed and being pointed out as the most likely successor to Arsene Wenger, has developed cold feet with regards to the financial handcuffs he would have been under.
“There is, and I’m being told this is right...
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