Arsenal may face defeat in their fight to keep Bacary Sagna at the Emirates, due to the financial power of Galatasaray and Monaco, according to the Daily Mail.

The general consensus is that Arsene Wenger is keen to retain the services of his French right-back, whose contract runs out at the end of the current campaign.

However the Mail reports that the highly-competitive tax rates in both Turkey and the French principality of Monaco means that the pair can offer much more than the Gunners can in order to sway Sagna’s decision.

The 30-year-old has already rebuffed offers of a £60,000-a-week extension on his current deal from his club, and it’s thought that the north Londoners aren’t too hot on the idea of offering too much money to a player who is in the twilight of his career.

As opposed to at Arsenal, where Sagna is taxed a whopping 45% of his wage, the tax rate in Turkey only stands at 15 percent, with many of the top clubs covering the tax bills of their players. And in Monaco it gets even better, with individuals not paying income tax at all.

If nothing else it means that Sagna could make a very profitable end to his career elsewhere, if that’s what he’s after.

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