Wenger has long had the reputation for being cautious in the transfer market, but the Frenchman believes it is unfair.
He told Sky Sports News: “I will pay 30 (million) I will even pay 40 if I find the right players.
“But it’s not a question of money, it’s a question of quality we find.
“I think I have a wrong reputation of not wanting to spend money – I do not want to spend money for average players.”
He added: “And we are not frightened to spend money when we think it’s right.
“Our fans have more reasons to be proud of this club – the values here, the way the club is run, what the club is built (upon) – than being angry with the club.
“Of course we want to deliver trophies, of course we want to win trophies, who wouldn’t want (that)?
“But we feel we were very close last year and my regret of course is that we didn’t do it but we are battling on all fronts and a bit unlucky on all fronts I think.”
