Wenger rules out spree
Arsene Wenger says he is not scared to spend big money but will only bring players in if they are right for Arsenal.
The Gunners are unable to compete with the likes of Manchester City, Manchester United and Chelsea in the transfer market but Wenger says they will not change their policy and put the club at risk.
The Gunners' parent holding company are set to post their latest set of financial results on Thursday afternoon, which are understood to again show a healthy operating profit and considerable cash reserves.
Those will be further boosted by the £24million sale of former captain Robin van Persie to United, but Wenger says that does not mean he will go out and blow the cash on players if he does not think they are worth it.
"We want to spend our money in the right way. We are not scared to spend the money," said Wenger. "With some clubs we can't compete on certain players - and for the rest, we only want to bring in players who add something to our squad and give a chance as well to the young players we have.
"We have good players, because to buy one more, we have to get one out."