New Arsenal boss to receive £200m budget with Allegri in pole

Arsene Wenger’s successor at Arsenal will be handed a £200m transfer budget, as the club look to re-establish themselves as title contenders.

The Daily Star claim the club’s official’s have already discussed the whopping transfer fund with potential replacements.

Juventus boss Massimiliano Allegri is still reported to be the top candidate to replace Wenger.

Wenger saw his side crash out of the Europa League to Atletico Madrid after a 2-1 aggregate loss, meaning the Frenchman has only three Premier League games left to go out on a high.

Talking after the Europa League exit, Wenger said: “I’m very, very sad to leave the club with that Europa League exit.

“All the love stories come to an end and they do not always finish well. Most of the time they do not finish well.”