Arsenal chairman Peter Hill-Wood insists they can compete for the very best players in this summer's transfer market. Yesterday the club revealed a half-year pre-tax profit to the end of November of £17.8m and cash reserves of £123.3m.

Hill-Wood told the Daily Star: "We are in a position where we can compete with most people. If there is someone we really want, then the price guide is secondary."

 What do you make of Hill-Wood's claims? Will Arsenal actually buy? Give us your shout below...