Arsenal chief Gazidis closes chequebook for January market
Arsenal chief Ivan Gazidis has told fans to forget about any big money deals in January. After losing Cesc Fabregas, Samir Nasri and Gael Clichy in the summer, manager Arsene Wenger went on an unfamiliar spurge, spending an initial £12million on Alex Oxlade-Chamberlain, £10m on Mikel Arteta, £8m on Per Mertesacker and £7m on Andre Santos to add to the £10.5m he had already spent on Gervinho.
But Gazidis said he would not be doing the same in January.
"Will we spend more in the next window? No. No more so," said the chief executive. "We are always under pressure to spend and recent results have not changed that.
"Every club have the temptation to think money is the answer to issues. That is what drives the cycle of spending that you see in the game and that is by no means always successful.
"It relieves pressure for a while but it builds long-term pressure in other ways. We will continue to act with discipline to make sure we have a good short and long-term future."