Arsenal’s decision to bring Arsene Wenger’s reign to a premature end cost the club £17.1 million in pay-offs to him and his staff.
The Frenchman’s reign ended after 22 years in the job last campaign when he had a year left on his deal.
Accounts seen by the Times reveal veteran boss was paid in full for that final year, costing the club £17.1 million.
Meanwhile, the Gunners have offered Ivan Perisic £250,000 a week to join them on an initial loan to a permanent switch in the summer, according to The Sun.
Sky in Italy reports Arsenal proposed an initial loan for the Croatia international, with an option to buy for £34.5 million, but Inter Milan appear to prefer a permanent deal for the winger.
According to newspaper Libero, the 29-year-old star has agreed personal terms with Arsenal despite the two sides not agreeing on a loan or transfer deal.
Plus, Arsenal are eyeing a move for Napoli defender Kevin Malcuit as a direct replacement for Hector Bellerin, who will miss the rest of the season.
Carl Jenkinson and Stephan Lichtsteiner are not long-term prospects regarding replacing the injured Spaniard, leaving the club short of options.