Arsenal chief Ivan Gazidis says manager Arsene Wenger has the board's full backing.
There have been reports of some directors questioning Wenger's transfer policy since the end of the season.
But Gazidis told a Q&A session: "We 100 per cent support Arsene. I 100 per cent support him and feel he has done a fantastic job in a difficult period for this club.
"You have to remember that we have been up against clubs with unlimited spending power and others such as Manchester United who generate far greater revenue than we do."
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