Arsene Wenger will be handed a huge transfer kitty worth £100 million to spend this summer after signing on for another two years, according to Standard Sport.
The report claims the Gunners boss will be given funds to strengthen in a bid to turn the club into serious title contenders after finishing fifth last season.
Wenger has three main targets in mind: Monaco duo Kylian Mbappe and Thomas Lemar and Lyon’s Alexandre Lacazette.
However, Wenger is also believed to be keen on Celtic’s Moussa Dembele, Jordan Pickford and Juventus midfielder Mario Lemina.
While Arsenal clearly have money to spend, their lack of Champions League football may well be a factor with Lacazette having already admitted he will only sign for a club in the competition.
The Lyon star has been heavily linked with a move to Atletico Madrid although that potential move may well fall through with the latest reports claiming Atleti have failed in their attempts to have their transfer ban overturned – a decision is due tomorrow.
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Mbappe and Lemar have also both been linked with several clubs and while Mbappe will not come cheap he has hinted he will not move to a club where he will not be first choice.
Whether Mesut Ozil and Alexis Sanchez can be retained will also have a huge bearing on who the club bring in this summer and having sorted out Wenger’s future it is now crucial the club turn their attentions to their star men.