And Arsenal chief executive Ivan Gazidis has admitted that the Gunners are powerless when it comes to outbidding their rivals, saying any moves for players require an element of caution.
"That means we can't afford to make huge mistakes in the transfer market. We can't afford to outgun competitors that have far more money to splurge on transfer fees than we do. So we have to be very careful, very selective about how we do things."
The news will no doubt irk Arsenal supporters clamouring for some stellar new arrivals.
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