Arsenal have £70m to spend on Crystal Palace winger Wilfried Zaha, according to reports.
Palace rebuffed an offer of £40m bid for Zaha from the Gunners this week.
It has been believed that the North London club are working with a transfer budget of £45 this summer.
However, Sky Sports says the information has been used a ploy to gain an advantage in negotiations.
According to Sky Sports reporter Kavel Solhekol, Arsenal have much more to spend on the Ivory Coast international.
He said: "People are expecting Arsenal to come in with another bid, and we have spoken to people involved in the negotiations and an improved bid has not been made yet. There is every expectation that Arsenal will make that improved bid.
"Interestingly, we have read that Arsenal's transfer budget this summer, because they have missed out on the Champions League, is just £45m, plus what they can raise from selling players.
"We have kept reading that, £45m. People are thinking 'why are Arsenal trying to sign a player who Crystal Palace are saying is worth £80m, when they only have £45m?'
"What I have been told is that it suits Arsenal that people think they only have £45m, because when they get into negotiations over a player, the selling club is going to think Arsenal don't have much money.
"What I have been told is that this is a bit of a smokescreen and Arsenal can go up to £70m to buy Wilfried Zaha. £70m is the point at which they would walk away. A deal that would be worth £70m in total.
"We just have to take it with a pinch of salt that Arsenal only have £45m. They are one of the biggest clubs in the world. We are not talking about £300m for Neymar, this is £70m in total. I think Arsenal can do that."