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Arsenal boss Wenger handed £50M to spend this summer

Arsenal boss Arsene Wenger will be handed £50 million to spend in the summer market. The Daily Mail says Wenger will target a central defender, a holding midfielder and a goalkeeper this summer with a £50million transfer war chest.

Per Mertesacker could pay for some poor performances this season, with Dortmund centre half Neven Subotic and Aleksandar Dragovic of Dynamo Kiev on the Gunners' radar.

Arsenal goalkeepers David Ospina and Wojciech Szczesny will also be sweating on their futures. Petr Cech is a possible target, although Chelsea may not be prepared to sell to a rival.

Wenger is a long-term admirer of Southampton's Morgan Schneiderlin, who is the leading contender for the midfield holding role.

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