Premier League - Wenger willing to 'spend big again'

Arsene Wenger maintains Arsenal are ready to "spend big" again, but will continue to look to build the core of the team from within.

The Gunners slumped to a 2-0 home defeat by Manchester City on Sunday which saw them lose further ground on the top four of the Premier League.

Wenger insists Arsenal are in the market to bolster their squad during the January transfer window, but will only do so if they can find the right quality of player.

They have been linked with a string of players across Europe, with Lyon playmaker Yoann Gourcuff and West Ham midfielder Mohamed Diame the latest rumoured to be on Wenger's radar, while a new contract for Theo Walcott is expected to be pushed through shortly.

With the club set to see new commercial deals kick in following their £390million move to Emirates Stadium and with plenty of cash in reserve, resources which were further boosted by last summer's sale of captain Robin van Persie to Manchester United, Wenger insists Arsenal will be able to invest heavily in the playing staff.

"My plan is to keep all of the players we have and then to add maybe, if possible, two new players to the squad. We will spend big (again) because we had restricted finances because we had built the stadium and had to pay that back," Wenger said in an interview with Al Jazeera Sport recorded before the City defeat and broadcast on Talksport.

"You look at any club who has done that, and they have gone down (in performance).

"We stayed at the top level, yes without winning the Premier League, but we were always at the top level.

"Now we have come out in a much stronger position financial again, so we can spend.

"But our way is a bit like Barcelona as well, to produce the core of the team from inside and add from outside the players who give really a plus."