Arsenal’s transfer budget is said to stand at somewhere in the region of £60 million this summer, courtesy of a property deal. The Gunners are set to announce the sale of some property in Queensland Road to Barratt Homes in a deal which is expected to generate an extra £25 million for the club. The club are currently in talks to sign Lille striker Gervinho as Wenger has promised fans he will spend big this summer.

Cesc Fabregas and Samir Nasri have continually been linked with a move away from the club and the longer the club fails to win trophies; they will struggle to hold onto their star players. They have failed to win a trophy in the past six years and it seems Wenger has ultimately accepted that he cannot continue to rely on youth to compete at the highest level. The club have also been linked with a surprise move for Newcastle midfielder Joey Barton as they look to add a midfield enforcer to their team. The move would surprise many but would provide them with a nasty streak, an area which they have been found wanting in previous years. West Ham midfielder Scott Parker is another option and with Tottenham yet to make a move, they would seem to have a clear run at securing the England international for a nominal fee.

They are still chasing Bolton defender Gary Cahill and Blackburn skipper Chris Samba but as of yet no deal has been struck for either player as they look to add a presence to their back four. Meanwhile, Barcelona have been in contact with Arsenal about a possible deal for Cesc Fabregas according to the Arsenal Chairman, Peter Hill-Wood. He told the Guardian, ‘Yes, they have spoken to us about Cesc. They have been in touch but so far they have not made a bid and we do not want to let him go. But he comes from Barcelona so it is understandable if he wanted to go back. However, they have not made an offer so far’. Arsenal begin their Premier League campaign with tough games against Newcastle, Liverpool and Manchester United and will be keen to make a strong start in their attempt to secure the Premier League title they so desperately desire. The latest news can be found at

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