Arsenal are preparing for a busy summer transfer window which could see the north London outfit spend as much as £200million on new signings
Mikel Arteta will be looking for major investment in the playing squad this summer to close the gap to City and end Arsenal's Premier League title drought. Arsene Wenger was the last manager to lift the iconic trophy back in 2004 - nearly 20 years ago.
It seems Stan Kroenke is willing to meet Arteta's demands and offer significant investment this summer with the signing of Rice a priority for the north London outfit. Reports have stated that West Ham are ready to accept an offer from the Gunners that could reach a final value over £100million - including achievable add-ons.
Moises Caicedo is another target for Arsenal with Brighton valuing the Ecuadorian international at a fee in the region of £85million. Arteta is hoping to reinforce his defence and add a versatile attacker to the squad which could see the Gunners' spending break the £200million mark in one transfer window.