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Football London
Football London
Sport
Chris Wheatley

Mikel Arteta provides update on Martin Odegaard transfer and confirms backing from Stan Kroenke

Mikel Arteta says Martin Odegaard is happy at Arsenal and has confirmed that he will have the full backing of the Gunners owners this summer.

Odegaard, 22, has impressed during his loan spell from Real Madrid so far, scoring important goals against Olympiacos and Tottenham and putting in a domineering display as the Gunners came back from three goals down to draw with West Ham a fortnight ago.

As reported by football.london , Odegaard has told those close to him that he would like to stay at Arsenal beyond the end of this season.

Arteta has seen encouraging signs from Odegaard in training and believes the Real Madrid loanee is enjoying life with the north Londoners.

Arsenal will look to extend Odegaard's stay into next season and will negotiate with Los Blancos and the Norwegian's representatives at the end of the season.

"I speak with him every day," he said.

"I see his face, his body language and he seems really happy right now here.

"Our contract with him is until the end of the season. What we have to do is try to make him perform, develop and be as happy as he can be."

Meanwhile, Arteta has confirmed that he has the full backing of Arsenal owners Kroenke Sports and Entertainment going in to the summer transfer window.

Arsenal owner Stan Kroenke has an estimated net worth of more than £7billion (David Price/Arsenal FC via Getty Images)

The Gunners had reported a loss of £47.8million for the financial year from 2019-20, most of which was hugely impacted by the COVID-19 pandemic.

football.london understands that the club will look to move on a number of fringe players in the coming months, and will use the funds to finance new signings.

"The team is going to reflecting in better performance, results and at the end of the season we'll see where we are and have a discussion."

"We know that certain scenarios can vary and that we cannot control.

"They're going to be dependent on things today we can't determine, but the plan is to go ahead with what we want and I know they fully agree with that and they've been fully supportive of us."

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