Ex-Arsenal forward John Hartson believes the club will spend as much as £60 million on one player if the right target becomes available.
As reported by talkSPORT, speaking to the Alan Brazil Sports Breakfast Show, Hartson has insisted that breaking the club's transfer record could be the difference in the 2015/16 title race.
Arsenal, of course, secured a third placed finish in England's elite division last term, but will no doubt be hoping to overhaul their rivals sooner rather than later.
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Gunners director Lord Harris recently claimed that the club have as much as £200m to spend on new signings, and Hartson believes this is an exciting prospect for the fans.
He claimed: “I believe if the right one came along - £50million, £60million - they will go and get him.
“That could be the difference in them having a real chance of winning the title – of finishing above Chelsea and Manchester City.
“It is a great prospect for the Arsenal fans knowing the money is there.”
Striker for the title
If Arsenal are serious about overhauling Chelsea and Manchester City next term, then they must invest heavily in a new striker.
The trio of Theo Walcott, Danny Welbeck and Olivier Giroud are all fine players, but they're not quite on the same level as the Chelsea and Manchester City of Diego Costa and Sergio Aguero.
The Gunners need a world-class figure to lead their line, but it's never easy finding one. The likes of Karim Benzema, Robert Lewandowski and Co. would be ideal, but are they available?