Arsene Wenger has reflected on the manner in which clubs have spent money during the current transfer window but once again made clear that he will not be changing his policy of spending only what he feels Arsenal can afford.
While rivals Chelsea, Liverpool and Manchester City have all bolstered their squad with big money signings bankrolled by their respective cash-rich owners, the Frenchman has maintained that he will not be making purchases over the £30 million threshold.
“At the moment you have two categories of movement, one from zero to 10 million, and one from 30 to 50 million. We are in between,” he told assembled press ahead of the Emirates Cup.
“In between nothing happens at the moment, there has been very little movement. All over Europe our industry is basically in a very bad financial situation. All the clubs who live from the money which football generates do not buy.
“The only clubs who buy at the moment in Europe are ones who buy with money which is not generated by our industry. There are two categories of club – those who travel with sweat and those who travel with petrol. We are those who travel with sweat.”
Asked to comment on whether he has lodged bids for either Spanish midfielder Juan Mata or Everton defender Phil Jagielka, each thought to be within the Gunners price range, Wenger maintained that he would not be forced into talking about specific individuals while also taking a sly dig at Barcelona.
“Our business will be done sooner rather than later but it is difficult to speak about any individual player because that makes things difficult.
“I cannot complain about other clubs talking about our players and then do the same.
“I like the player [Mata], but that does not mean we will buy him. The other player [Jagielka] is under contract at Everton. If we want to buy a player, we need first the agreement of their club.
“At the moment the rules are constructed in a way where it is basically forbidden to speak about one individual player. I know that not everybody respects it, but I try to do as well as I can.”