Arsenal could theoretically have as much as £204m to spend in the transfer market this summer. The view among most supporters is that Mikel Arteta’s squad does not need major surgery but rather a few choice additions to reach the next level. After running Man City close in the Premier League title race in the last two seasons, the Gunners have been linked with the likes of Bologna defender Riccardo Calafiori to shore up their defence. Former Arsenal and now Borussia Dortmund forward Donyell Malen has also been raised as another who could make the move to the Emirates. But their ability to act …