Arsenal are putting together a 'B list' of transfer targets in the event they miss out on a top four finish. The Sunday Mirror says Arsene Wenger's budget will be cut if the Gunners have to ­settle for the Europa League.

With that in mind, Wenger's scouts have ­provided a B-list.

Newcastle's Yohan Cabaye, Wigan's James ­McCarthy and Celtic's ­Victor Wanyama are ­midfielders who have ­impressed scouts, while ­Sunderland goalkeeper Simon Mignolet is an ­alternative to Valdes and Liverpool's Pepe Reina.

 Is Wenger right to prepare for top four failure? Will stars still want to play for Arsenal? Give us your shout below...