Arsenal to splash the cash in January

Arsenal manager Arsene Wenger has today admitted the North London club will be looking to spend when the transfer window opens on Thursday. The Gunners have struggled this season to keep up with the likes of Chelsea and Liverpool and currently find themselves ten points off the top of the Premier League.

Following the news that club captain Cesc Fabregas will be out of action for the next four months, Wenger has been linked with a whole host of big names and today the Frenchman has admitted he will be looking to strengthen his squad next month.

Andrei Arshavin, Yaya Toure and Carlos Tevez are just a few names to have been linked with a move to the Emirates in recent days, however Wenger remained tight lipped when asked about specific targets after today's 1-0 victory against Portsmouth. The Arsenal board recently confirmed that Wenger would definitely have money to spend in the new year, although they failed reveal how much.

Personally, I think Arsenal will have to spend big next month if they are to have any chance of challenging for the title. The loss of Fabregas is huge and I feel they will struggle to find a suitable replacement for the Spaniard. I am sure the majority of Gunners fans will be delighted to hear that Wenger has finally identified the need to spend some money on new players.