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Arsenal reportedly want to win the Premier League trophy but only want to spend £40 million in the process!

To which former Arsenal great Pires ruled out the Gunners chance. Pires said: “I read that Arsenal have a small envelope for transfers, only £40m. My opinion is that it isn’t enough.

“If you want to build a good team, you need to spend a lot of money, especially in the Premier League.

“I respect Arsenal’s position and the owner, but everybody knows that if you want to win the Premier League, you need to spend a lot of money.

“All the top clubs want to sign great players, but if you want a great player it costs a lot of money.”

Pires added: “After getting his first season out of the way after replacing Arsene Wenger it’s a new era for Arsenal and for Unai.

“Unfortunately we lost Aaron Ramsey and Danny Welbeck. Maybe we need to rebuild, make a new team, and why not with the young players?

“I hope some young players come through into the first team. Freddie Ljungberg did very well with the Under-23s and were runners-up in the league.

“Freddie has now been promoted to the first-team coaching staff.

“We also have good young players, and the right man heading the academy in Per Mertesacker.

“So maybe the solution, if Arsenal have only £40m, is to bring in some young players and prepare for the future.”

“To replace Arsene Wenger is not so easy. He was the manager of Arsenal for a long, long time – 22 years.

“For Unai Emery, at the beginning it was very difficult because there was always the comparison.

“But I think he’s doing well. He tried to play good football and put his philosophy and rules in the dressing room.

“He is crazy about football. He loves to manage the team. He’s a winner, because he won titles with Sevilla and with Paris Saint-Germain.

“The most important thing is for the fans to believe in Unai because he is a great manager.”

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