Arsenal chief Ivan Gazidis insists any fan can learn of their transfer budget by studying the club's financial reports.
Gazidis was asked about this summer's market plans under new manager Unai Emery.
He said, "We don't discuss our budgets publicly but we are a public company. If any of you want to have a look at our accounts, they are out there and it's not that difficult to see.
"We run ourselves on a very clear and transparent model, which is self-sustaining. That's the way we will continue to run ourselves. Anyone who wants to look at that should look at our accounts."
Gazidis also said: "All the money has always been available… and all the resources of the club will be available for Unai to develop the team."