Wenger maintains he has money to spend, but must weigh up the cost of 'killing' the chances of Arsenal's talented youngsters by bringing in a big name transfer.
However, Wenger insists it is not just a matter of opening the cheque book and that there were other concerns he had to consider other than simply looking for a quick fix.
Wenger told Arsenal TV OnLine: 'Of course I am in a position where I can spend the money.
'But every time we have done such a great job with the young players that you are concerned 'do we kill a young player or not by bringing another player in?'
'It is a very sensitive subject which is not specially linked with money.
Looks like Le Boss is not interested in signing anyone. sigh...
