Arsenal announce hefty transfer budget

wenger.jpgArsenal boss Arsene Wenger is expected to make a summer spending spree to the tune of £70 million at the end of the season to quell fan unrest.

The Gunners are still chasing a top four finish but the FA Cup defeat to Blackburn Rovers at the weekend has reasserted the board’s faith that they need to back their manager next transfer window.

The intention is believed to be to acquire “three or four” world class players so they can finally bridge the gap at the very top of the Premier League.

A striker is believed to be a main priority as Arsenal look to replace the hole of consistent goalscoring that was left by Robin van Persie, and provide additional options to Olivier Giroud and Lukas Podolski.

Wenger will in the meantime prepare to rebuild the determination and drive in his players ahead of a crucial Champions League encounter at the Emirates Stadium on Tuesday night against Bayern Munich in a 7.45 kick off.

The French boss went onto state how vital the game was to the Daily Telegraph saying: “First you have to rebuild the confidence because we are not playing against Blackburn on Tuesday. We play Bayern Munich so a lot of confidence will be needed.”

The North London club may be looking at a recruitment drive behind the scenes but all their focus is directed towards tomorrow’s clash against the German champions.

Arsenal club captain Thomas Vermalean still has faith that his side can have an impact in the competition as he went on to say: “Anything can happen in the Champions League — we saw that last year with Chelsea — I believe in our chances.”