Arsenal chairman Peter Hill-Wood has revealed Arsene Wenger isn't interested in buying big in the transfer market.

He said: "I was at a dinner with Arsene Wenger recently and Danny Fiszman asked him who he would buy if we gave him £100m to spend in the transfer market. He said he would give it back.

"It would take a brave man to say that football is recession-proof. If you live in Abu Dhabi you probably don't know there are problems in Britain.

"They have trillions in the bank so little difficulties over here like the banks going bust is nothing to them."