Wenger: Transfer war chest not as big as reported

Arsene Wenger New Signing Defence

Arsene Wenger has played down the amount of money available in his war chest to recruit new players before the transfer window slams shut.

Wenger is reported to have up to £100million in the bank to splash out on players but he says this figure is off the mark.

None the less the Arsenal boss says he is determined to bring in new faces to the Emirates to bolster his squad.

Wenger has spoken of his confidence in acquiring more personnel being boosted by the desire of his targets to join the Gunners.

Speaking to the media ahead of the Premier League clash with Fulham at Craven Cottage tomorrow, he said: “We have our targets, we will try to achieve that and I am confident we will get there.

“I am confident of new signings. The desire of the players to join us makes me confident and the fact that we have – maybe not as much as everyone writes – but we have some funds available to do the transfers.

“Ideally I would rather have the squad in place at the start of the season and I am a big fan to cancel the transfer window at the start of the season anyway.

“Once the season has started you should be capable to focus on the quality of your play and have everybody with the same players for the whole season – it makes sense.

“We work very hard on it and it didn’t come off as quickly or as well as we wanted, but in football you have to deal with any situation and be patient. So as long as the transfer window is open, until the last minute anything can happen on many fronts.”

Wenger insists he is pleased with the players he has in place but concedes there must be additional purchases.

He added: “I’m very, very happy with the squad we have. When I tell you that, it’s about the quality of the players I have. With the number, at the moment we are short.

“Therefore I would be a bit worried that number-wise, we are not strong enough to cope with all the targets a club like this has. We will not go into the new season with only the number of players we have.”