Arsenal chief executive Ivan Gazidis has revealed the club has a ‘substantial amount of money’ to spend during the current transfer window.
The Gunners' transfer dealings are set to be closely scrutinised this summer after manager Arsene Wenger oversaw a sixth straight season with a trophy last term.
Wenger made his first significant deal yesterday when he secured Ivory Coast striker Gervinho for a reported £11million from French champions Lille.
Gervinho's arrival does not, however, address Arsenal's perceived weakness in defence and with star midfielders Cesc Fabregas and Samir Nasri seemingly set to leave, Gazidis has admitted the north Londoners will be busy before the new season.
‘We still will be active in this window,’ Gazidis said.
‘We haven't finished our business at all. We're just not conducting it publicly. We're working hard privately. We understand where the weaknesses have been. We've got a substantial amount of money that we can invest.’
