Wenger has been watching Euro 2008 as he considers new signings to help the Gunners end a three-year wait for silverware and he has been linked with a £10million move for Russia ace Andrei Arshavin.

"I brought my cheque-book (to Euro 2008) but, having looked at the prices, I've realised it isn't big enough," Wenger - who is also hoping to keep hold of Alexander Hleb - said in the Sunday Mirror.

"I've not been surprised by the quality on show. There is a fantastic young generation of players coming through.

"But I will use my cheque-book first to keep the players I already have."