By Dan Baynes - 2013-02-21

Transfer Funds
Arsenal manager Arsene Wenger will be given as much as 70 million pounds ($106 million) to spend on new players by the club’s board.
The Gunners are drawing up two different lists of potential transfer targets to be acted upon depending on whether they qualify for the Champions League, the newspaper said.
Even if the club only qualifies for the second-tier Europa League or misses out completely on European competition, Wenger will still be given major funds.

Wenger’s Targets
Wenger’s top targets are Fiorentina striker Stevan Jovetic, Liverpool goalkeeper Pepe Reina, Borussia Dortmund forward Mario Gotze, Celtic’s Victor Wanyama and his fellow midfielder Etienne Capoue of Toulouse, the Daily Mail reported.
The Arsenal manager will consult chief scout Steve Rowley and the club’s other talent spotters about the plans and they are said to be working on identifying alternatives knowing the budget could vary.