Kroenke happy for Arsenal to smash wage ceiling this summer

Arsenal owner Stan Kroenke is prepared to smash their wage ceiling this summer.

The Daily Mail says Kroenke has given the go-ahead for Arsenal to increase their wage bill to help the club become title contenders next season.

Arsenal are determined to sign at least three star players — a keeper, a holding midfielder and a striker — and manager Arsene Wenger has been given at least £70million for transfer fees by Kroenke, the club’s majority shareholder.

Lukas Podolski and Theo Walcott are the top earners on around £100,000 a week but the club would be willing to offer £150,000 a week for the right player.

Chief executive Ivan Gazidis said: "Mr Kroenke has made it clear that our ultimate objective is to win major trophies. We all share that ambition. Arsene and I have been planning what we need to do."

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