Arsenal chairman Peter Hill-Wood is happy to stick with manager Arsene Wenger's transfer policy.
This month the clamour has been for a centre-back, but Arsenal have conceded just three goals in eight matches and will soon have Thomas Vermaelen back.
Hill-Wood told the Daily Star: "I remember a year ago, standing in the front of the directors' box, there was a woman shouting, 'Spend some f*****g money'.
"I said, 'Don't worry, darling. Leave it to us, we'll sort it out', or some similar patronising statement, which probably p****d her off even more.
"This season we are still in all competitions and second in the league, so we're not that bloody bad!
"I don't believe in the way Chelsea and Manchester City have achieved whatever they have achieved.
"It is so much more satisfying to build something - to get boys of 15 to 18 and see them develop sufficiently well to win the Premier League or other trophies - rather than sitting there and saying, 'I want to buy the best striker in the world and I don't care what it costs'.
"A, it is not something we could possibly do and B, even if we could, I wouldn't want to do it."