Arsenal chief executive Ivan Gazidis insists manager Arsene Wenger's long-term approach to the transfer market is the right one.

"It is vital that Arsenal are successful this year, but it is equally vital that Arsenal are successful next season and the season after that," Gazidis said in an interview for the Arsenal matchday programme.

"When you have an outstanding group of young players, as we have, that is always going to be a delicate balancing act.

"I think sometimes the sheer quality of our young players is underestimated.

"Of course we still need to develop consistency, and that is natural with any young team - but our players are learning and improving from week to week.

"Marrying all these things is a delicate task, but Arsene Wenger does a masterful job in managing the process, giving young players opportunities to compete at the highest level and mentoring their development.

"I believe that his Arsenal teams have played, and will continue to play, some of the most attractive and entertaining football anywhere in the world."