Arsene Wenger has hinted at more big spending after welcoming Mesut Ozil to the club.
The German international signed for the Gunners in a club record £42 million deal.
The Frenchman said : “What is very important for us is to find world-class players. There are not plenty around,”.
“We had to go through some years when I signed a long-term contract where we had some restricted financial potential, and the target was to stay in the Champions League in this period.
“We managed to do it, and we are now in a strong position financially.”