Gunners ready to spend big after record returns

ARSENAL are prepared to break their transfer record to ensure Arsene Wenger keeps one step ahead of Manchester United after posting their best ever financial results.

Wenger was thwarted yesterday in his move for Valencia’s Miguel Angel Angulo, who had a last-minute change of heart after undergoing a medical at Arsenal.

His agent Jose Luis Tamargo said: “Angulo didn’t feel he had the sufficient strength for a change of lifestyle. Fear overcame him that he could not fit in at Arsenal nor with the English lifestyle. He felt this could affect his performance on the pitch.”