Wenger handed £58m Arsenal transfer kitty

Arsene Wenger has been told he should spend nearly all of the £58million recouped from the pending sales of Cesc Fabregas and Samir Nasri on improving his Arsenal squad.

That’s the story in the Mail this morning. The paper claims Fabregas’s move to Barcelona was inches away from being completed yday after the two clubs agreed a deal worth up to £35m.

And with Nasri set to move to Manchester City for £23m, it means we are in line for a massive cash injection, says the paper. They quote an Arsenal source: “The manager will be given the majority of the money from those deals, if they go through, to reinvest in the squad. The money’s there if the manager wants to spend it.”

AW still has £20m from his original transfer kitty to spend and the Arsenal board want the Frenchman to sign replacements to match the quality of Fabregas and Nasri.

AW  is keen on Lille midfielder Eden Hazard and Real Madrid striker Karim Benzema, while Everton’s Phil Jagielka remains his No 1 defensive target. Gary Cahill, Chris Samba and Scott Dann are also on his list.

Meanwhile, the Sun says we have told Manchester City: “Give us Carlos Tevez and you can have Samir Nasri.” Tevez has been trying to get out of Manchester all summer and with AW under growing pressure to bring in a top buy, the Gunners have supposedly come up with their shock proposal. (They haven’t. It was a jokey comment first told on Twitter by Terry Christian and the Sun have ‘given it legs’. Complete hig and indeed wash).

Elsewhere, the Mirror claims AW appears to be losing the plot as he insists nobody would be leaving Arsenal. As the Gunners boss was speaking at his Friday morning press conference, it emerged Cesc Fabregas had already said his goodbyes to team-mates because the club was close to agreeing a fee with Barcelona.

Fabregas’ Spain team-mate Gerard Pique was also taking to Twitter to declare the midfielder was poised to quit the Premier League for La Liga. However, Fabregas was ordered off a plane, it is said, to his homeland by Arsenal as the two clubs again failed to thrash out a £37million fee.

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