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Arteta told he needs to spend £200m on three new players as Graham urges Gunners board to back boss

Mikel Arteta has been told that he requires a £200 million ($278m) spending splurge in order to make Arsenal competitive, with George Graham calling on the Gunners board to back their boss in the transfer market.

The north London outfit have loosened the purse strings at times in recent windows, bringing in the likes of Nicolas Pepe and Thomas Partey, but they have fallen behind a number of Premier League rivals when it comes to investment.

Graham believes that situation needs to change in order for a return to title contention to be made, with a title-winning coach from Arsenal’s past looking for one of his successors to be given an opportunity to splash out on world-class talent.