Arsenal boss Arsene Wenger is set for a January shopping spree.

The Daily Mail says Wenger has been given the green light to go on a January splurge to revive Arsenal's precarious Champions League qualification hopes.

Given the financial implications of missing out on a top-four finish, genuine fears are emerging within the Gunners hierarchy that this could be the season they drop out of Europe's elite club competition.

The Frenchman has identified three key areas: a keeper, a wide attacking player and a central striker.