Gunners ‘can’t compete’ with top-four rivals on transfers

Arsenal chairman Peter Hill-Wood has admitted the club “can’t compete” in the transfer market with their Premier League top-four rivals.

But Hill-Wood was confident the Gunners would mount a serious title challenge this season and insisted the board were not worried about Arsene Wenger’s failure to win a trophy for seven years.

The Arsenal chairman also said he was “disgusted” by those fans who abused manager Wenger last season as the club once again came up short.