Arsenal manager Arsene Wenger can spend up to £150million during the summer transfer window according to the Daily Star.
The Frenchman extended his contract with the club for two more years and is eager to build a team with enough depth to win the Premier League and the Europa League.
Virgil van Dijk, Ross Barkley, Jordan Pickford, Kylian Mbappe and Alexandre Lacazette have all been identified by the 67-year-old to strengthen his team.
On Saturday, he confirmed that he will sign at least three players this summer.
"Between a maximum of two or three," he told BeIN sports.
"We cannot spend as much as many other clubs because some clubs have external resources that allow them to be basically unlimited.
"We can spend money because we have managed well the club. Let's not forget the amount of money spent is not a guarantee of success."
