Arsenal manager Arsene Wenger could break the club's transfer record again this summer, club director Lord Harris of Peckham has told The Times.
• Transfer Talk: Fabregas to return
The Gunners spent a club-record 42.5 million pounds on Mesut Ozil from Real Madrid last summer, with Wenger having previously been reluctant to spend big in the transfer window.
After finishing fourth in the Premier League and lifting their first trophy since 2005, Wenger is being encouraged to again strengthen his squad this summer, amid reports of a return for midfielder Cesc Fabregas from Barcelona.
Harris said: "We want to win the Premier League and the Champions League. If we buy two or three players then I think we can.
"We want to win. We don't want to be second, we don't want to be third and we don't want to be fourth. We will support Arsene with the players he wants to buy. He has always been encouraged to spend."
Asked if Arsenal could exceed the fee spent on Ozil, Harris said: "We would. It would be easy.
"I wouldn't say it [the total transfer budget] is 100 million pounds, I wouldn't say it's 50 million pounds and I wouldn't say it's 150 million pounds.
"If Arsene has asked for any player then we have always backed him to go and buy. With the exception of [Lionel] Messi, [Cristiano] Ronaldo or [Gareth] Bale, we could buy most players."
Wenger has yet to officially agree a new contract at Emirates Stadium, with his current terms due to expire this summer, but Harris is already looking beyond the deal the Frenchman is expected to sign in the coming weeks.
Harris added: "He gave us his word back in the autumn, just after the season started, and it was just a case of sorting it out.
"If he wins the league and the cup and the Champions League in the next three years, then I am sure he will stay [on after that]."