Arsene Wenger is planning to make a bold statement in the upcoming transfer window and is expected to be given £70million to spend, the Express understands.

According to Italian website Tutto Mercato Web, the Frenchman is looking to bring forward Alexis Sanchez, defender Martin Montoya and former Arsenal midfielder Alex Song to the Emirates.

Having missed out on a number of high profile targets in the January transfer window, including Barcelona’s David Villa, Wenger will be desperate to add to his side.

So will these moves benefit the Gunners push for silverware next season? Here is a closer look at the proposed moves.

Alex Song

Former Gunner, Song, has struggled to adjust to Spanish football since making the move last summer, and was even considered to be the worst foreign buy of that window, so speculation about another move for the Cameroon international is rife.

Song formed a strong partnership with Robin Van Persie last season, and the combination of the two provided a number of key moments during that campaign.

With Van Persie long gone, would Song still have the same impact? Possibly.

Playing Theo Walcott up top could benefit the Gunners here, and Song’s vision could go hand in hand with Walcott’s pace and much improved composure in the final third.

Martin Montoya

A young right back, Montoya has played in just 17 games for Barcelona this season, and has largely been second choice behind Dani Alves.

Gunners may wonder what the point in signing another young right back is, with the much improved Carl Jenkinson increasingly looking a better player after his display in Munich last week.

Montoya is a promising 21 year-old, and having been brought up through Barcelona’s youth system his style of play would be suited to that of Arsenal’s also.

Whether Montoya would move to England at this stage of his career having just started to play more games for Barca it is unclear, but there is no denying his addition would strengthen Arsenal’s leaky defence.

Alexis Sanchez

Sanchez has been linked with a number of clubs in the past few months, including Liverpool and Manchester City, as he is understood to be increasingly unsettled at the Nou Camp, and so Arsenal rumours seem fairly legitimate.

The Chilean has just five goals in all competitions this season, having struggled for form and fitness since his arrival in Spain.

Despite this, a move to the Emirates would likely benefit his game as he would be well suited to playing quick football on the ground.

Arsenal are not lacking in pace, but Sanchez would add a bit more guile to an Arsenal side that has lacked a cutting edge too often this season.

It’s a long shot, but should the Gunners land two of the three, preferably Sanchez and Song, they may have enough to provide a realistic challenge for silverware in the next campaign.

It is essential they qualify for European football though, and should they miss out on Champions League football their hopes of signing any of these players may be dashed in an instant.