Arsenal chairman Peter Hill-Wood has rubbished claims from players that they're leaving the club over a lack of ambition. Players often explain transfers by saying they are frustrated by a lack of success, or investment, but Hill-Wood believes they are just chasing money.

"That is just a smokescreen," he told the Daily Star.

"All they are interested in is more money. They put out other statements but that's really what it's about.

"How much can they spend? I don't know but they are p*****g it down the drain."