12 Players Arsenal Could Spend £173m Cash Reserves On, Real Madrid Duo Included

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12 players Arsenal could bring to the Emirates using their £173m cash reserves.

Arsenal have announced their latest financial results, revealing cash reserves in excess of £170m.

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Here are 12 players Arsenal could be looking to buy in January or next summer with the cash:

12) Sokratis Papastathopoulos – Borussia Dortmund

Arsenal are in dire need of defensive reinforcements, as illustrated by Mathieu Debuchy’s unfortunate injury. With Chambers playing at right-back the Gunners have no cover at centre-back, and Wenger really should have brought in a Thomas Vermaelen replacement over the summer.

Sokratis was heavily linked with a late move to North London, but an injury to Dortmund’s Mat Hummels put paid to that. There is a chance Arsenal could go back in for him next summer or even in January.

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