Mesut Ozil among star names to be axed to fund £200m Arsenal summer spending spree

Arsenal are planning a £200 million spending spree this summer as part of an end of season overhaul according to the Mirror.

Per the source, the Gunners could sell star names including Mesut Ozil and Alexis Sanchez to help finance the proposed changes.

Arsenal already reportedly have £100 million in the kitty to spend, the sale of the star names would top up the available funds.

See More: For Mesut Ozil news and everything you want to know about the Arsenal star

Ozil and Sanchez will both have just 12 months remaining on their contract at the end of the season with neither having agreed an extension.

The contract rebels have yet so sing a new deal but Ozil has not ruled out the possibility of remaining.

The report also suggests that Olivier Giroud, Alex Oxlade-Chamberlain and Jack Wilshere could be part of the exodus.

Second choice goalkeeper David Ospina could also be on his way out and has been closely linked with a move to Fenerbahce.

Turkish newspaper Milliyet claim that Ospina has given Fenerbahce the green light to push ahead with the transfer.

They report Ospina as saying, “Istanbul may be a new adventure and motivation for me. If my club are persuaded, it’s okay for me.”