Funds are in place for Arsenal to make a marquee signing to rival £105m purchase of Declan Rice | OneFootball

Arsenal have funds in place to make a marquee signing and beat their club-record transfer, according to the Guardian.

The Gunners are planning to make Mikel Arteta one of the best-paid managers in the world after he led them to their first Premier League title in 22 years.

While there is unlikely to be the same outlay on players as the £250 million spent last summer, they are ready to rival the purchase of Declan Rice for a then-British record £105m in 2023.

Arteta will be backed to splash the cash as the Gunners look to defend the title next term and challenge for the Champions League and other trophies.

The Arsenal boss has made a forward his priority heading into the summer transfer window, and Bournemouth attacker Eli Junior Kroupi is a target.

However, the Cherries could value the 19-year-old at about £80m after he broke the Premier League record for most goals scored by a teenager in his debut season.

He notched his 13th league goal in Bournemouth’s 1-1 draw against Manchester City last night to hand Arsenal the title.

Kroupi is regarded as an option for Arsenal’s left wing and is rated as a player capable of competing with Kai Havertz and Viktor Gyokeres for the starting role as a number nine.

Atletico Madrid’s Julian Alvarez, Paris Saint-Germain’s Khvicha Kvaratskhelia, Athletic Bilbao’s Nico Williams and Newcastle United’s Anthony Gordon are also being monitored.

However, it is unclear whether Arsenal are ready to spend more than £105m on a single forward, despite the availability of funds.