Arsenal are holding internal talks about their transfer budget after seeing their opening approach for Wilfried Zaha rejected.
The Gunners saw a £40m offer for winger Zaha dismissed instantly by Crystal Palace earlier this week.
But they have not given up all hope of landing the 26 year-old this window and are exploring ways to try and increase their budget to launch a renewed move for Zaha.
The discussions could result in Arsenal's transfer chiefs making an appeal to owner Stan Kroenke to release more funds.
Arsenal's kitty for this summer is around £40m before player sales, following their failure to qualify for the Champions League, and they are also hoping to land Celtic left-back Kieran Tierney along with a central defender.
So their need for more money is pressing in order to fulfil manager Unai Emery's demands, with Zaha one of this top targets.