Arsenal boss Arsene Wenger has signalled he is not prepared to abandon his view of financial prudence for the sake of big-money signings and says he is becoming "fed up" with being asked about transfers.

The Gunners have built up substantial cash reserves, but are reluctant to commit to paying large sums for players, something which has seen Wenger and the club come in for criticism.

Arsenal were turned down by England striker Jamie Vardy earlier this summer, while another mooted target in Gonzalo Higuain moved from Napoli to Juventus after the Italian giants met his release clause of €94m.

Wenger insists he is prepared to spend, but when it came to being asked about big-money signings says that his priority is that the club can continue to afford to pay their employees.

Asked about possible transfers following Arsenal's 0-0 draw away at Leicester City this evening, Wenger was quoted as saying by the BBC: "I'm a bit fed up to say the same thing, like we do not want to spend.

"We analyse everything and then make the right signings."


And questioned about clubs splashing the cash, he replied: "What matters to me is that you have 600 employees and can afford to pay them."

Wenger has not led Arsenal to the league title for over a decade, but appears determined not to sway from his reluctance to spend big money to change the picture.

So far the Gunners have collected one point from two Premier League games, having lost their opener 4-3 at home against Liverpool last weekend.