Gunners boss Arsene Wenger is planning on a busy summer (Picture: AP)

Arsenal boss Arsene Wenger has confirmed he will be embarking on a summer spending spree in a bid to mount a Premier League title challenge next season.

The Gunners, who have achieved their customary top-four finish this season, have been linked with a number of moves for players.

Wenger has reportedly substantial transfer funds available to him for next season and the Frenchman has revealed he will be bolstering his squad to enable them to contend for the league title.

‘We are ready to spend the money for players who strengthen our team. There is a difference in that and just spending money,” Wenger told beIN Sports.

“If I ask you who has spent the most money this last season and if I give you last season, and the season before, it is never the teams who have won the championship.

‘We are in a position where we just want a player with an exceptional quality in any area that can strengthen us.

‘The depth of squad is important and any world class player in any position can help us achieve what we want to achieve.’

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