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The Arsenal hierarchy are set to meet owner Stan Kroenke in the coming weeks as the Gunners transfer chiefs battle to get their business done on a meagre budget.

Arsenal have only £45million plus whatever they earn through sales, a sum that looks to be well short of that required to secure their first-choice targets this summer.

Crystal Palace have rejected a £40million offer for Wilfried Zaha that they view as derisory - the Eagles want at least double that fee - whilst Arsenal are yet to meet Celtic's £25m asking price for Kieran Tierney. Unai Emery also wants a centre-back and central midfielder.

The likes of Mesut Ozil, Henrikh Mkhitaryan and Shkodran Mustafi are all available for transfer but the players, many of whom rank among Arsenal's highest earners, have attracted little interest. The Gunners would be able to top up their budget by selling marquee players but are reluctant to do so.

Arsenal's leaders - including head of football Raul Sanllehi - will fly out to the US in the next week. Emery's side are in action in Denver, where Kroenke Sports & Entertainment (KSE) owns an NBA franchise, and Los Angeles, the home of the Rams' NFL team, another of the KSE stable of sporting organisations.

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Talks with Kroenke could see a request for the owner to personally invest his own funds to add to Arsenal's transfer budget and allow them to pursue the likes of Zaha. If the 71-year-old were to agree it would represent a major change of approach at the Emirates Stadium.

Since first becoming the majority owner of Arsenal in 2011 Kroenke has not put money into the day-to-day running of the club. Whilst that has been hugely unpopular among supporters the club hierarchy are known to be hugely reluctant to become the sort of team that is reliant on the whims of their owners.

However with funds so severely limited at a time when significant work is required to improve the squad Arsenal could make an exception in the belief that Zaha, Tierney and further reinforcements could propel Emery's side back towards Champions League qualification.

Returning to Europe's top competition is seen as vital for improving Arsenal's stuttering revenue, which has slipped behind some of their top six rivals in recent years.