Arsenal has spent almost £166.06 million since the summer before the 12-13 season compared to £271.6 million by Chelsea.

Jose Mourinho has hinted that Arsenal are title contenders this season due to their two-year spending spree.

"We spend when we think we have to spend and do not listen too much to what people think or say," Wenger said.

 

"We just try to make the right decisions. When we have the money available, we spend it. When we don't have the money, we don't spend the money we haven't got."

Wenger still believes Arsenal leads the way on producing homegrown talent.

"I believe that one day if you make real statistics of the players we have developed here and compare them to the other clubs, you will be surprised," Wenger said.

"I think what you want is not to listen too much to what people say, because sometimes in the same week I get two different reproaches: one I don't spend enough and one too much.

"I believe if you want to create success, which we want desperately, is to focus on inside and try to do as well as we can, believe in the football we want to play, play it as well as we can and let other people talk."