Honigstein: Arsenal must spend 'crazy money'

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Arsenal's hopes of signing Cologne striker Lukas Podolski have been dealt a major blow after German football expert Raphael Honigstein revealed that they will only land him if they offer 'crazy money'.

The journalist was speaking on talkSPORT's 'Hawksbee and Jacobs' show earlier today, and effectively ruled out the possibility of the 26-year-old moving to England this month.

Gunners boss Arsene Wenger is believed to head the queue of Barclays Premier League clubs interested in Podolski's signature, but the stringent transfer policy in place at the Emirates Stadium means that it is unlikely Arsenal could afford him.

The frugal Frenchman is looking to bolster his forward line this month, as Gervinho and Marouane Chamakh head off to the African Cup of Nations.

Negotiations to bring Arsenal legend Thierry Henry back to the club on a short-term deal during the MLS close-season are ongoing, as Wenger considers every option available to help ease the pressure and goalscoring expectation on captain Robin Van Persie.

"Arsenal have tried, and they did speak to him [Podolski]," confirmed Honigstein to talkSPORT. "They might try again with a slightly increased offer.

"[But] Cologne really don't want to sell, and unless you're talking crazy money - around €20million, it's not going to happen."

Premier League

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