Arsenal boss Arsene Wenger is set for crunch talks with chief executive Ivan Gazidis at the end of the season.

The London Evening Standard says it is understood that Wenger will meet with chief executive Gazidis after the club's final match away to Newcastle on May 19 to determine transfer targets with majority shareholder Stan Kroenke ready to sanction a spending spree up to £70million in a bid to revive Arsenal's fortunes.

The next transfer window is viewed as a defining period for the club.