Arsenal manager Arsene Wenger insists the club can afford to make a big-money purchase in the summer - if he finds the right man.
The Gunners are set to strengthen their squad following another trophyless campaign, which could yet end with them having to qualify for the Champions League even if they beat Fulham in their final Barclays Premier League game.
Arsenal have been linked with Bolton defender Gary Cahill and Everton centre-back Phil Jagielka. Both England internationals would come with inflated pricetags, but Wenger would be prepared to lay out a large chunk of his reported £35million transfer warchest, saying: "I like English players. They are good, but I have said the inflation for them is always very high. It is always a lot of money, but if we have to spend we will do it."
He added: "On one player we can afford it, but it depends what will happen."
Wenger added: "We have lists - number one, two, three - and we will try to achieve them.
"Unfortunately it does not always go like planned. It is very difficult to make things happen.
"We will work on strengthening the team. We are definitely out on the market - that is for sure."
While it has been well documented Wenger has funds at his disposal, with that set for both transfer fees and wages, a major summer shopping spree remains unlikely.
"I will spend what is needed to spend," he said. "It is very difficult to go out and say 'we have so much money', because then people wait for you.
"Like always we will try to buy at the right price, but we will try to invest."
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