Arsenal boss Arsene Wenger has been assured by club chairman Peter Hill-Wood that he will be given funds to invest on new players during the January transfer window.
"If Arsene wants to use that money during the winter window then, absolutely, he will be able to do it. We rely on him to come up with the right people, and there will be funds available to him," the Daily Mirror quoted Hill-Wood, as saying.
The Gunners' chairman, who was happy with Arsenal's start in the Champions League, after the 3-1 home win over Olympiakos, and who are also through to the next round of the Capital One Cup, said that it would completely be upto Wenger to decide if he wanted to reinforce the squad.
Along with a number of other clubs like Chelsea and Paris St Germain, the Arsenal boss is a huge admirer of Falcao, the Atletico Madrid striker, the report said.
"We have been very pleased with the start. But if the manager wants to reinforce the squad in January, he will be able to do that. The financial results were good and we want to put that money to use if Arsene decides he wants more players," Hill-Wood said.
"I like to think that the profit shows we are -running the club on the right lines.We are not able, for instance, to be able to afford to write off 180 million pounds. That is not how we work," he added. (ANI)