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Next Arsenal boss will be handed £50million summer transfer budget – Reports

The next Arsenal manager will be given a transfer budget of just £50million this summer, according to reports.

Arsene Wenger has confirmed he will leave the north London club at the end of the season, after 22 years in charge.

But, despite another disappointing campaign for the Gunners which could see them miss out on Champions League football for the second season running, it is claimed the 68-year-old’s successor will not be allowed to give his team a makeover.

Both Manchester City and Manchester United handed their new managers Pep Guardiola and Jose Mourinho big transfer kitties to strengthen their teams following their arrivals.