Arsene Wenger wants top-class signings for Arsenal this summer (Picture: Getty Images)

Arsene Wenger has revealed his plans to splash out on new players to bolster his Arsenal side this summer – but insisted he will only consider buying world-class stars.

The Frenchman has overseen the big-money signings of Mesut Ozil (42.4million) and Alexis Sanchez (£35million) over the past two years from Real Madrid and Barcelona respectively.

The Gunners currently sit in third place in the Premier League table and have an FA Cup final against Aston Villa to look forward to later this month.

But with Arsenal looking to challenge for the title next season, Wenger has admitted he is planning on dipping into the transfer market this summer to recruit established stars.

Following his side’s win over Hull on Monday, Wenger told Sky Sports: ‘We have a big squad – the basis is there. We do not need to buy a number of players.

‘If we can get top, world-class players we will look at it, but we have a very strong squad already in number and we want to stay together and start well next season.’

He added: ‘I feel that we have made progress. Chelsea is a worthy winner this year because they have been the most consistent team of all.

‘Let’s finish well, then prepare well for next season and give them a good fight.’

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