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Wenger vowing to spend in the sales

Arsene Wenger is ready to open the chequebook © PA Photos

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Just a day after conceding Arsenal cannot compete with the likes of Chelsea and Manchester City in the transfer market, Arsene Wenger has moved to ease fans' concerns by insisting the Gunners will be busy players in the summer sales.

After seeing his side lose out on automatic qualification to the group stages of the Champions League, Wenger said: "We can't buy players for £50 million. Even if we try to strengthen our team and spend money if needed, that is a fact."

With Arsenal having seemingly regressed this season, Wenger is aware of the need to inject some fresh blood into his squad and he has vowed to make every effort to add to his ranks.

"The market will be hyperactive because everyone believes financial fair play will happen soon," Wenger said, referring to Uefa's plans to limit club spending. "So we are quickly doing the last buying before the stores will be closed. And for the first time for a while, I will be very active, too."

Despite stating he will be "very active", Wenger does not feel the squad needs a major overhaul.

"The club is in a healthy financial situation and we have got the basis of the team but we know we want to be stronger next year," Wenger told French television. "The fans need to trust us because the club is in a strong position. I share their disappointment because a few weeks ago we were in a position to win the league and in the end we play for qualifying in the Champions League.

"Whether we deserve to come fourth or not, it is the points which count. The team has given a lot this year, we will be active and busy certainly and will try to make the right decisions. We have to take it on the chin and come back stronger next season."

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