In hilarious news that will surely delight Gooners everywhere, the Daily Mail says Wenger cannot decide whether he wants to use it or not.
A word in your ear, Arsene: spend the money. Nobody cares about net spend. Not even UEFA.
Still with Arsenal, defender Johan Djourou wants showdown talks with Wenger over his role at the club - he currently doesn't have one.
Djourou has not started a league game since April and The Sun reckons Roma and Napoli are most likely to sign him.
Aston Villa are prepared to sell Darren Bent as he continues to feud with manager Paul Lambert, The People claims.
£24m man Bent has been dropped to the bench in recent matches and stripped of the captaincy.
Villa want at least £12m for the England striker, with QPR and Liverpool the early frontrunners.
Also in The People, Tottenham are looking to beat neighbours Arsenal to the signature of Wilfried Zaha.
The £8m-rated Crystal Palace man is admired by Arsene Wenger, but Spurs are preparing to convince Zaha his future lies at White Hart Lane.
And completing a People hat-trick is the somewhat iffy news that Arsenal want Atletico Madrid's Adrian Lopez as a replacement for Theo Walcott.
The Gunners may very well want Adrian, but he is no sort of Walcott-replacer. In fact, he is the striker young Theo will never be.
Over at Swansea, the Sunday Mirror claims that Michael Laudrup has met chairman Huw Jenkins over concerns about his management style.
The Dane has reportedly upset players by changing the training routine and axeing days off.
Laudrup's regime starts the week slowly before building in intensity - fears exist that this is causing Swansea to begin matches sluggishly.
And finally, the Daily Star Sunday says Fulham are mulling a move for Arsenal's Andrei Arshavin.
The Russian is currently rotting on the bench at the Emirates, and Martin Jol could give him a new lease of life, as he did to Dimitar Berbatov.