Arsenal boss Arsene Wenger says the club's sound finances means he doesn't need to sell any of his players.

He said: "We do not have to sell because we have a balanced budget. I believe that what is important at this stage is to keep the players you have.

"People think it is a disaster to get to the semi-finals of the Champions League and the FA Cup while finishing fourth. OK, you can do better but if that is a disaster, then the future of the club is very promising.

"Legacy is about leaving the club in every aspect that is important in a good situation. It means you leave a good squad with good young players, a good financial situation and a good structure.

"What is the most important is that the club continues to improve and the state of our club is fantastic."