Emirates Stadium side set for major clear-out ahead of busy summer of transfer activity.

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Arsenal will scrap their wage cap in a bid to keep their best players and attract stellar signings.

The current limit is about £100,000 a week.

But amid the fall-out from their ­disastrous 4-0 Champions League defeat at AC Milan there is an acceptance among the Gunners hierarchy that there must be a major change of direction.

The board believe there are ­extensive funds available for ­manager Arsene Wenger’s transfer ­targets.

Now Wenger is to be given the green light to spend big – and pay big. The first ­beneficiary of any new policy is set to be in-form striker Robin van Persie.

SOURCE: Daily Mirror

Desperate times may well cause for desperate measures. The North London side are set to make it seven seasons without silverware and know that a top four finish is the very least they need to secure from this term to be able to convince their prized asset to sign a new deal.

Clearly the decision to scrap the wage cap, that this source believes is on the cards, will also open the door to the ability to offer new additions bigger salaries which in turn in theory should help them secure better signings as Arsene Wenger looks to freshen things up in his Emirates Stadium squad.

Robin Van Persie will have just a year to run on his current deal come the summer and as such will see his value deteriorate over the course of that final season and Wenger would then have to consider offers for the Dutchman, in much the same way as the Frenchman opted to accept Man City’s £25m offer for Samir Nasri.

To help fund this source’s assertion that Arsenal will ‘spend big’, the source below believes that a great many of the Gunners squad could well be sold as Wenger looks to offload under-performing members of his playing staff.

Arsene Wenger ready to dump Arsenal flops

Wenger was genuinely shocked by Wednesday’s match and, having publicly savaged the performance of his team, there was also a ‘clear the air’ meeting at Arsenal’s training ground on Thursday.

Several prominent first-team players are now playing for their future.

SOURCE: Telegraph

More on those nine players that the Telegraph believe will be dumped below.