Arsene Wenger insists that he does not need to spend big to compete for the title.
While Wenger accepts the likes of Manchester City and Chelsea can outbid Arsenal for players, he does not view their superior financial muscle as a barrier to the Gunners’ future success.
He said: “It does not mean you cannot win the title. There are two basic trophies for me that are the sign of the quality of a team; they are the Premier League and the Champions League.
“The Champions League is prestigious and it is half league and half cup. That means that at the end, the teams who wins must show real quality.
“All the rest, they are trophies of course and they are important, but they do not really reflect the deep quality of a team. The championship does, and we want to win it.
“Our ambition is intact, to win the championship. It depends on how we finish the season to decide how much we need to buy to have a chance to win the championship next season.”