Arsenal 'have the money' for Haaland if Man City are relegated

October 6, 2026Jed Dogomeo

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Arsenal are being positioned as one of the clubs best placed to sign Erling Haaland should Manchester City be relegated from the Premier League, with Football Insider reporting that the Gunners possess the financial strength to fund such a move.

Relegation has been floated as one of the possible sanctions following the verdict on City's financial rule breaches. The club has appealed and no final punishment has been confirmed, but the uncertainty has already prompted questions over the futures of several of their key players.

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There is precedent elsewhere in Europe. Juventus were demoted to Serie B and stripped of titles two decades ago after being found guilty of sporting offences, a case that is now being referenced in discussions around City's situation.

Why Haaland's name is in the conversation

If City were to drop into the Championship, a number of their squad would be expected to reassess their positions — and Haaland, as the most valuable asset at the Etihad, sits at the top of that list. The prospect of being unable to compete in the Champions League is understood to be a significant factor.

Arsenal, according to the report, could offer the Norwegian an immediate route to staying in the Premier League while competing for major honours. The club is also described as searching for attacking reinforcements, with Haaland identified as one of the leading forwards in world football.

Football Insider states that Arsenal believe Haaland could repay a substantial outlay through both his output on the pitch and his commercial value off it.

The obstacles are considerable

Any deal would be far from simple. Haaland is contracted to Manchester City until 2034, and reports indicate that his agreement does not include a relegation release clause.

That detail matters. Without such a clause, City would retain the leverage to demand an enormous fee even in the event of demotion, rather than being forced into a discounted sale.

Arsenal would also be joining a queue. Real Madrid and Barcelona are named among the European heavyweights who would be expected to move, and competition at that level typically drives both the fee and the wage demands upwards.

Despite that, the report claims Arsenal are prepared to spend what is required if Haaland genuinely becomes available, viewing a world-class centre-forward as an investment that would deliver value across several seasons rather than a one-off expense.

Context to keep in mind

It is worth stressing how many conditions sit between this story and a transfer actually happening. City have appealed, no punishment has been finalised, and relegation remains only one of the outcomes that has been discussed publicly.

Football Insider are a well-established outlet but do not carry the same weight as tier-one reporters such as David Ornstein or Fabrizio Romano, so the claim that Arsenal are both interested and financially capable should be weighed accordingly.

For now, this is a story about readiness rather than negotiation. Arsenal's position, as reported, is that the funds exist should the situation at the Etihad resolve in a way that puts Haaland on the market — and the outcome of City's appeal will determine whether the question ever becomes a real one.

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