Arsenal boss Arsene Wenger insists he's willing to spend big in the transfer market.

The Gunners' parent holding company are set to post their latest set of financial results this afternoon, which are understood to again show a healthy operating profit and considerable cash reserves.

"We want to spend our money in the right way. We are not scared to spend the money," said Wenger.

"With some clubs we can't compete on certain players - and for the rest, we only want to bring in players who add something to our squad and give a chance as well to the young players we have.

"We have good players, because to buy one more, we have to get one out."