The Gunners boss was widely expected to splash the cash
in the transfer window to bring in new players to make up for the
loss of both Cesc Fabregas and Tomas Rosicky to injury, with
Russian Andrei Arshavin one name tipped to arrive at the
Emirates.
However, the club's chairman, Peter Hill-Wood, has hinted that
the London side won’t be shelling out quite the sums that have been
touted in the press of late.
"I don't think there is a lot of money anywhere," Hill-Wood said
in the Daily Star. "One has got to look ahead - in the
future there is probably not going to be much more money coming
in.
"We have got money, but I am not sure we are going to spend it.
We've got to continue to run the business in a sensible way.
"It may sound boring, but we are not going to rush out and spend
fortunes on people who won't help us achieve anything better than
where we are at the moment.
"Arsene has a lot of young, talented players at the club and I
think he will probably give a chance to one or two of them."