Huge sum. It is known how much Arsenal will be able to spend on transfers in the summer

Arsenal spent £200 million on transfers last year, giving Mikel Arteta's side the opportunity to lead the title race for the second year in a row. But they have no intention of stopping there at the Emirates.

According to FourFourTwo, the Canaries bosses, led by Stan Kroenke, are ready to approve a record transfer budget for Arsenal in the summer transfer window, which is expected to be as much as 300 million pounds.

Exit transfers could help, and it is believed that Aaron Ramsdale, Eddie Nketiah, Reiss Nelson and Emile Smith-Rowe will be shown the door in London in the summer.

Arsenal will also get extra spending money from Champions League bonuses as well as new sponsorship deals. For example, in February, the London club sold the name of its training base, but how much the Canaries will receive for this is still unknown.