‘If we have to spend we will do it’ – Arsene Wenger says Arsenal have identified summer transfer targets

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Arsenal manager Arsene Wenger says the club have identified their summer transfer targets and are willing to spend big if they have to.

The Gunners fell short in their latest attempt to end their trophy drought, with many pundits attributing their poor form at the end of the season to a lack of age and experience.

Wenger, who has been linked with moves for Bolton defender Gary Cahill and West Ham midfielder Scott Parker, who won the Football Writer’s Association Player of the Season award, has admitted the club may have to pay over the odds if they want to bring and English player to the Emirates.

“I like English players,” Wenger told reporters. “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, if we are really convinced.

“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.”

Arsenal take on Fulham at Craven Cottage on the final day of the season, knowing they must better Manchester City’s result against Bolton Wanderers to finish third, or face the prospect of a Champions League qualifying round ahead of the competition proper.