Arsenal boss Arsene Wenger held clear-the-air talks with chief executive Ivan Gazidis yesterday.

Wenger emerged from the meeting telling reporters that he will be staying with the Gunners, despite admitting interest in Florentino Perez's plans for Real Madrid this week.

The Times says Wenger's comments came at the end of a day in which he had a three-hour meeting with Gazidis at the club's training ground in London Colney, Hertfordshire, to discuss transfer targets and budgets.