That amount is only enough to buy one world-class player in today's market and it's widely acknowledged that Arsenal need at least two or three new faces.
"Potentially, if Emery had his way he could be his first signing".
Mobility is absolutely key for Arsenal as Granit Xhaka, Jack Wilshere and Aaron Ramsey all lack that thrust out of possession and the ability to regularly break up play, push forward and join attacks.
Should Lichtsteiner complete his move to the Emirates as expected, it is not thought that he be would be a regular starter for the Gunners, but would provide some much needed leadership, experience and cover at the back.More news: Kevin Love Ruled Out Of Game 7 In Concussion Protocol
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Club Chief Executive Gazidis has spoken to reporters (via the Evening Standard) about how in-depth Emery's knowledge of Arsenal goes, specifically his research into some of the clubs most promising talents including Maitland-Niles.
Emery could be looking at adding to his midfield ranks this summer as he looks to rebuild the squad following his arrival earlier in the week.
He may not be what Arsenal fans had in mind, but Lichtsteiner could potentially prove a clever signing.
The Swiss is a solid and experienced full-back who will not only provide competition for Hector Bellerin but also help the Spaniard improve.