Arsenal chief Ivan Gazidis insists manager Arsene Wenger's careful approach to transfer spending is the right way to go.
"I would say this - no clubs have unlimited resources," he told the Arse Blog website.
"I know it seems like it at times, and they may act like it for a period of time, but at some point every club has limited resources.
"We are acting in a way that acknowledges that behind a very, very solid business model."