Arsenal will back manager Mikel Arteta for two major signings over the January market.
The board want to show their faith after Arteta guided the Gunners to a five-point lead in the Premeir League before the World Cup break.
Two summer recruits from champions Manchester City, Gabriel Jesus and Oleksandr Zinchenko, have helped transform Arsenal.
And Fabio Vieira's arrival from Porto plus William Saliba's emergence in central defence after multiple loan spells have also led pundits to suggest the Gunners are not in a false position.
Now Arteta is said to have persuaded club chiefs that a another double investment can sustain the title challenge.