The Frenchman insists the fans should not expect extravagant spending at the Emirates Stadium this summer.
“We need good players, world-class players,” Wenger told Sky Sports.
“We will try to buy the right players. Spending is not a purpose, it’s not our goal. We want the right players.
“We have to be conscious that we cannot buy players for £50million. We fight with opponents who can do that.
“You have to live in a realistic world, therefore we will give it our best to strengthen the team.”
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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?