13 September 2017
Mesut Özil’s contract situation has taken a backseat to the Alexis Sánchez transfer/contract saga, but for those of you who aren’t aware, the German’s deal expires at the end of this season. There were reports over the summer that the two sides were moving towards an extension, but since then, there has not been much news.
Then today German outlet SportBild reported that there have been no contract talks between Arsenal and Özil since February. The paper suggests that at the time, the uncertainty surrounding Arsene Wenger’s future led to the club breaking off the negotiations and that they have not resumed.
With Alexis likely leaving after this season, it is important that Arsenal retain Özil. Losing the club’s two best players on the field in the same summer would be difficult to recover from. Losing him on a free transfer would also hurt the club financially.
Arsene Wenger has already said losing Alexis on a free would cost the club £140m. Even if we assume that Özil is worth less than the Chilean, the club is facing the prospect of losing more than £250m in value. That’s a scary prospect for a club that may not be in the best financial shape.
Let’s hope the two sides resume talks and come to an agreement.