Wenger could receive fat purse

Arsenal manager Arsene Wenger could be handed up to 100 million pounds to spend in the next transfer window, according to a report.

It was thought that Wenger would be given a 50m-pound budget to rebuild after a disappointing season but the club’s main shareholder Stan Kroenke appears to have had a change of heart, according to The Telegraph.

A club source described the amount that would be made available as ‘between 50m pounds and 100m pounds’.

There have been doubts raised over whether Kroenke has the necessary funds available to pour into the club, as the American businessman is also currently negotiating the purchase of the MLB franchise LA Dodgers.

The Arsenal Supporters Trust (AST) recently demanded to know why the club had failed to reinvest the full 50m pounds received from player sales last off-season, and there has been disquiet among the terraces over the club’s perceived lack of transfer activity in recent years.

Arsenal currently sit in fourth place in the Premier League, and are precariously placed level with Chelsea on both points and goal difference as they chase Champions League qualification.

The north Londoners have also already crashed out of both domestic cup competitions this season and they face a huge fight to turn around a 4-0 deficit in their Champions League second-leg tie against AC Milan at home.

If Wenger is handed the nine-figure sum, it would represent something of a surprising development given the club’s fiscally prudent policies to date, since Kroenke took control of the club 10 months ago.