Arsenal Transfer Deadline Day Drama: Smith Rowe Stays, Nketiah Exit Collapses, Net Spend Revealed
Arsenal Deadline Day: Nketiah Stays, Smith Rowe Remains

In a whirlwind of last-minute phone calls and collapsed deals, Arsenal's January transfer window slammed shut with a mix of relief and what might be considered a missed opportunity. The Gunners' primary focus on deadline day was on outgoings, but a major proposed exit fell through at the eleventh hour.

Nketiah's Proposed Exit Falls Through

The most significant drama centred around homegrown striker Eddie Nketiah. Crystal Palace emerged as serious suitors for the 24-year-old, with a potential loan move until the end of the season heavily discussed. However, the deal hit a significant roadblock: Arsenal's firm insistence on a mandatory obligation for Palace to buy in the summer, a clause the South London club were ultimately unwilling to meet.

This left Nketiah, who has found himself behind Gabriel Jesus and Leandro Trossard in the pecking order, remaining at the Emirates for the rest of the campaign. A separate, late enquiry from Fulham was also swiftly rebuffed by the Arsenal hierarchy.

Smith Rowe Stays Put Despite Interest

In a move that will please a large section of the fanbase, attacking midfielder Emile Smith Rowe will also be staying in North London. Despite attracting concrete interest from other Premier League clubs, the 23-year-old was unequivocally not for sale. Mikel Arteta and Sporting Director Edu see the talented playmaker as a crucial part of the squad's depth for the intense title run-in, valuing his unique profile and ability to change games from the bench.

Confirmed Departures: Marquinhos and Walters Out on Loan

While the big-name exits didn't materialise, Arsenal did successfully secure temporary moves for two of their younger talents. Brazilian winger Marquinhos has joined Fluminense on loan until January 2025, seeking regular first-team football in his homeland.

Additionally, promising young defender Lino Sousa was sold to Aston Villa with a buy-back clause inserted, a savvy piece of business ensuring Arsenal retain control of his future. Fellow academy graduate Reuell Walters completed a permanent transfer to Luton Town after failing to agree on a new contract.

Net Spend and Title Charge Implications

Despite the lack of high-profile incoming deals in January, the window has been a positive one from a financial perspective. The sales of Folarin Balogun in the summer and the various other transactions mean Arsenal have recorded a net spend of approximately £53 million for the 2023/24 season so far.

This prudent approach provides significant firepower for a major summer spending spree. For now, Mikel Arteta must navigate the remainder of the Premier League title race and a Champions League knockout tie against Porto with the squad he has meticulously built, hoping the decision to retain all his key attacking pieces will prove to be a masterstroke.