Arsenal are reportedly planning to spend big in the summer transfer window, with the likes of Atletico Madrid's Diego Costa and Manchester City striker Edin Dzeko included on the wishlist.
The Gunners made a late swoop for Real Madrid midfielder Mesut Ozil last summer, but failed to bring in top target Julian Draxler from Schalke 04 during the winter window.
According to the Daily Mail, the board are willing to give manager Arsene Wenger the funds to strengthen all over the pitch, with a right-back, central midfielder and striker the top priorities.
Reports have claimed that Wenger will return with a fresh move for Draxler, while Costa, Dzeko, Porto's Jackson Martinez, Bayern Munich's Mario Mandzukic and Borussia Dortmund right-back Lukasz Piszczek are all being monitored by the club.