Arsenal are planning to hand Arsene Wenger their largest ever transfer budget next summer - a whopping a £70 million.
Arsenal's FA Cup defeat against Blackburn on Saturday prompted an outpouring of anger from the home crowd at the Emirates Stadium but the club's faith in Wenger and their strategy is unshaken, even if they do go another season without silverware and fail to finish in the top four.
Reports are suggest around £70 million will be made available for the Frenchman, with three or four world class players being targetted by the Gunners front office. Recent rumors have suggested Arsenal are interested in unhappy Barcelona goalkeeper Victor Valdez as well as Liverpool's Pepe Reina in a bid to solve the neverending goalkeeper problem. Also, a world class striker is a transfer priority as the club needs someone to fill the void left behind Robin Van Persie who left for Manchester United earlier this season.
Wenger’s current contract, however, expires in 2014, leaving Arsenal facing a potentially momentous decision over their most successful manager at some stage in the next year.
Arsenal will be facing Bayern Munich in the Champions League on Tuesday at Emirates and Wenger is expected to made no less than six changes in comparison to the team that lost to Blackburn in the FA Cup.