Arsenal are ready to scrap their wage structure to help them compete for the world's best players. The Sunday Mirror says the current limit is about £100,000 a week.
But amid the fall-out from their disastrous 4-0 Champions League defeat at AC Milan there is an acceptance among the Gunners hierarchy that there must be a major change of direction.
But Arsenal have found to their cost in recent times that the lure of sky-high wages offered by the likes of Manchester City can tempt talented young players to leave. Last summer, they lost France midfielder Samir Nasri to City where he is earning a reported £200,000 a week.The board believe there are extensive funds available for manager Arsene Wenger's transfer targets.