Arsenal transfer news: Arsene Wenger starts contract talks and admits Wayne Rooney, Gonzalo Higuain and Luis Suarez are 'realistic' signings
Frenchman 'committed to staying' beyond next summer
Arsenal look set to secure the long-term future of their manager, Arsene Wenger, after he publicly revealed his commitment.
Wenger, who has been with the north London club for 17 years, had a contract ready to expire next season but is currently negotiating with the Gunners' chief executive Ivan Gazidis.
The long-standing manager was linked earlier this year to French side Paris Saint-Germain to replace former boss Carlo Ancelotti.
“I am committed to staying longer at this club. I've already had a chat with Ivan. It went very well, not a problem,” the Arsenal manager told reporters.
“The link with PSG is there because I'm French and I know the owners. But if that was the case then I would be there already. I'm not at PSG because my heart is with Arsenal.”
Wenger, 63, also hinted that the club was more inclined to spend money on improving the squad this summer.
Arsenal's audacious list of players they have been linked to include supposed want-away Manchester United striker Wayne Rooney, controversial forward Luis Suarez and Real Madrid's Gonzalo Higuain.
“They are all realistic targets quality-wise, [but] not all of them are available to join us,” the Gunners' boss said in Indonesia, where his side are taking part in a tour.
“We have better financial resources than the years before and it is resources we have created ourselves. That is massively important to us.
”For years we were out of the race for the top-level transfers but we are coming back now because we are in a better financial situation and also because of Financial Fair Play.“
”The fans, the players, everybody is reassured by big names always. But what is important is that we don't need numbers, we need quality.“
Latest in Sport
Petr Cech demands talks over Chelsea future as Thibaut Courtois begs him to stay – as mentor
Angel Di Maria: Manchester United to push ahead with £50m move for Real Madrid winger
Marcos Rojo to Manchester United: Sporting Lisbon confirm deal with Nani heading back to Portugal on loan
Sami Khedira to Arsenal: Midfield omitted from Real Madrid squad for Spanish Super Cup
David Gold furious after Carlton Cole parody account mocks up a picture of West Ham chairman as a suspect in the Madeleine McCann case
- 1 James Foley 'beheaded': Isis video shows militant with British accent 'execute US journalist' – and warns Obama of more to come
- 2 ALS ice bucket challenge co-founder Corey Griffin drowns aged 27
- 3 Cilla Black defends Cliff Richard: 'I am positive that the allegations are without foundation'
- 4 Nicki Minaj finally releases predictable 'Anaconda' video
- 5 James Foley 'beheading': Met police warn public watching murder video could be criminal offence
Scottish independence: English people overwhelmingly want Scotland to stay in the UK
Isis threat: Cameron wants an alliance with Iran
Crisis? What crisis? A visiting US doctor gives the NHS a rave review
Michael Brown shooting: Chaos erupts on the streets of Ferguson after autopsy shows teenager was shot six times – twice in the head
Richard Dawkins on babies with Down Syndrome: 'Abort it and try again. It would be immoral to bring it into the world'
Scottish Independence Referendum: Salmond described as 'arrogant, ambitious and dishonest' by Scottish women