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Feb. 16 (THEWILL) – Arsenal are considering a ‘multi-million pound refurbishment’ of the Emirates Stadium before the start of next season.

Emirates Stadium, which replaced the old Highbury as the home of the Gunners in the summer of 2006, is now entering its 16th year of operation.

General wear and tear, including roof leaks, is inevitably starting to show, ahead of a planned “major investment” in the stadium over the next few months and into the summer. In addition to fixes and a general overhaul, the stadium technology is expected to be improved.

This week CEO Vinai Venkatesham informed supporter groups of his plans to replace club crests and banners at the stadium.

Investing in the Emirates is essential given that Tottenham built a new state-of-the-art stadium in 2019, Manchester City and Liverpool continue to renovate and improve, and Chelsea have ambitions to redevelop Stamford Bridge.

Meanwhile, Manchester United have been heavily reprimanded in recent months for the deterioration seen in games at Old Trafford.

Emirates’ announcement comes despite Arsenal set to suffer huge financial losses in the 2020/21 season due to the continued impact of the coronavirus pandemic and the inability to return to the League of Nations. champions. Missing out on European football entirely last season will also ensure that the current financial crisis continues.

Manager Mikel Arteta has been clear that the club’s financial ability and appeal to potential targets will be influenced by their Premier League standings this season.

The Gunners are currently four points behind Manchester United in the race for fourth place, but they are three games behind.