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Stan Kroenke is to give the green light for a ‘dramatic shift’ in spending at Arsenal.

That is according to French newspaper L’Equipe - who claim the Gunners board will loosen the purse strings this summer following a disappointing season in the Premier League.

The report also states the Arsene Wenger has the backing of the club's majority shareholder and is likely to sign a new one-year contract extension and remain in north London.

L’Equipe name Lyon midfielder Corentin Tolisso as one of Wenger’s potential targets, with the £30 million rated star expected to leave the Ligue 1 club at the end of the season.

But the report also adds that Wenger is currently working on deals to bring in several players during what is shaping up to be an busy summer at Arsenal.

Wenger takes his side to Stoke this afternoon in a game they must win if they are to keep their slim hopes of Champions League qualification alive.

Laurent Koscielny could return for the Gunners having come through training on Friday, but Alex Oxlade-Chamberlain is out with a hamstring injury.