Arsene Wenger denies Arsenal have a £200m budget

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Arsene Wenger has denied the claims made by Arsenal director Lord Harris that he has a £200million transfer budget at his disposal.

Harris made international headlines earlier this week after claiming only Leo Messi and Cristiano Ronaldo were out of Arsenal's financial reach.

“Money was tight when we moved to the Emirates but it’s a lot freer now,” Lord Harris told The Mail. “We could go into the market and probably buy any player in the world, apart from half a dozen who are unbuyable. In the accounts, there’s over £200 million in the bank.”


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The comments were easy to twist with a number of publications using them to announce that the Gunners had all of that money at their disposal.

However, it is claimed that Arsenal's transfer budget stands at around £50m, which Wenger says he is ready to commit to a single player if the right one becomes available.

Going overboard

Wenger told reporters: “He has gone a bit overboard there because that’s not true,” he said.

“We are in the situation that I explained many times where we are working hard so that if an opportunity comes up we will do something.’’

Transfer targets

Lord Harris also claimed that Wenger had told the Arsenal board that he had identified a top striker and that they were currently working on a deal to sign him.

The general consensus is that the striker in question is Real Madrid star Karim Benzema but Fernando Llorente and Robert Lewandowski have also been linked.

Benzema, it seems, is out of the question after both Rafa Benitez and the player's agent claimed they expected the striker to remain at the Bernabeu beyond this summer.

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