Arsene set for summer spending spree

Posted by ESPN Staff

Premier LeaguePA PhotosArsene Wenger is enduring one of his most difficult periods as Arsenal manager

Prior to the defeat to Bayern Munich this week, the Daily Telegraph offered the news that Arsenal would make £70 million available to Arsene Wenger to rebuild his squad.

Following their home humbling to the Germans, both The Guardian and the Daily Mirror are now reporting the same. Despite the poor results this season - which have led some sections of the Gunners faithful to call for his head - the Arsenal manager has received the support of majority shareholder Stan Kroenke.

It is said Wenger has compiled two separate lists of potential transfer targets: one if they qualify for next season's Champions League - with £70 million of talent - and one in case they don't, which would involve "major" spending. The Guardian says David Villa will be under consideration, while the Mirror has been informed that they're looking at "nasty, tough characters", with Pepe Reina, Etienne Capoue, Vincent Wanyama and Stevan Jovetic apparently on the radar.

Another name mentioned in connection to Arsenal is Real Betis winger Alvaro Vadillo. Spanish outlet AS claims Wenger is eager to add the starlet to his squad, with some hailing the 18-year-old as 'the next Ronaldo'. Big shoes to fill, but Vadillo has impressed this season, resulting in Barcelona and AC Milan making enquiries about him already. However, if the reports are correct, Wenger is favourite to secure his prized signature.

Manchester City front-man Edin Dzeko is again linked with a return to the Bundesliga, with Borussia Dortmund said to be preparing a bid. The Daily Mail states Dortmund are willing to put forward an offer of £15 million, but that may not please last season's Premier League champions, who are asking for £10 million more. Dortmund are thought to be shopping around for a replacement for Bayern Munich and Manchester United target Robert Lewandowski, should he move on in the summer.

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