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Peter Hill-Wood: 'Arsenal can compete financially for top players'

Arsenal chairman Peter Hill-Wood insists that manager Arsene Wenger will be able to compete financially for players this summer.

Arsenal chairman Peter Hill-Wood has insisted that the club have the financial means to compete with teams around Europe for the best football talent.

The Gunners have been under scrutiny in recent weeks following their exit from the FA Cup and a damaging 3-1 deficit to Bayern Munich in the Champions League.

While the North London outfit have often been criticised for allowing players including Cesc Fabregas, Alex Song, Samir Nasri and Robin van Persie to leave the Emirates Stadium, Hill-Wood is adamant that manager Arsene Wenger will have money to spend this summer.

"We are in a position where we can compete with most people," Hill-Wood told the Daily Star. "If there is someone we really want, then the price guide is secondary."

Meanwhile, Arsenal are currently fifth in the Premier League table, two points adrift of Chelsea.

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Tables header RHS
TeamPWDLFAGDPTS
1Liverpool14112129111835
2Chelsea1594235181731
3Arsenal1585229151429
4Manchester CityMan City158342721627
5Nottingham ForestNott'm Forest157441918125
6Aston Villa157442323025
7Brighton & Hove AlbionBrighton156632522324
8Bournemouth157352320324
9Brentford157263128323
10Fulham156542220223
11Tottenham HotspurSpurs1562731191220
12Newcastle UnitedNewcastle155551921-220
13Manchester UnitedMan Utd155461918119
14West Ham UnitedWest Ham155372028-818
15Everton143561421-714
16Leicester CityLeicester153572130-914
17Crystal Palace152761420-613
18Ipswich TownIpswich151681427-139
19Wolverhampton WanderersWolves1523102338-159
20Southampton1512121131-205


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