Director Lord Harris says Arsenal manager Arsene Wenger has more than £200m in the bank available for the summer transfer window.
Reports have claimed that the Gunners are chasing a new striker to strengthen their offensive department and Lord Harris has confirmed that a "superstar" striker will be signed before the end of the market window.
"We get a list of the players that Wenger wants," Lord Harris told the Daily Mail.
"'On the list is a centre forward, but I'm not going to tell you who he is. I think he wants to come.
"It basically comes down to whether the other team can find a superstar to replace him. We could go into the market and probably buy any player in the world, apart from half a dozen who are unbuyable.
"At the moment there are no plans to sign anyone, unless he finds a real superstar like Mesut Ozil or Alexis Sanchez. He's looking for one of those but there aren't many available.
"We would back him to break the club's transfer record.
"Apart from Messi and Ronaldo, he could have any player. We will probably have to break the club record to get the man he wants."