According to a report, Arsenal officials have ordered Arsene Wenger to pursue a shortlist of players which includes the likes of Zlatan Ibrahimovic, Gonzalo Higuain, Toni Kroos and John Stones.
Wenger is known for being reluctant to spend over the years with Petr Cech and Mohamed Elneny being his only signings over the past two transfer windows.
The Sun claims that the Arsenal board will not consider offering the Frenchman a new contract unless he strengthens the squad with a marquee signing or two this summer.
The reports suggests that the club’s leaders are now urging Wenger to change his policy in the transfer market with over £150m in funds available.
Chief executive Ivan Gazdis and several members of the Arsenal hierarchy are set to hold a meeting with the Gunners’ boss whose contract will expire in 2017.
Arsenal are currently 11 points behind league leaders Leicester City with eight fixtures remaining as they target a first Premier League title triumph since 2004.