Arsenal are ready to clearout five senior players this summer.

The Times says Arsene Wenger is to be handed an initial transfer kitty of £75m and is ready to move on fringe players to make room for new arrivals.

Mikel Arteta, Mathieu Flamini and Tomas Rosicky are all set to be released when their contracts expire at the end of the season.

And Wenger is willing to listen to offers for Mathieu Debuchy and Kieran Gibbs given their lack of playing time this year.